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Tunisia expects to receive 9 million tourists in 2019

Tunisia expects to receive 9 million tourists in 2019

Tunisian government said it is expecting 9 million tourists in 2019. About 2 million people had visited the country as of May 10, 24% up from last year. The country seeks to attract 1 million French tourists, 640,000 Russian tourists, and 390,000 German tourists this season. Last month, the Minister of Tourism Rene Trabelsi said […]

Nigeria donates $1m to cyclone-hit Mozambique, Malawi

The federal government of Nigeria has donated tons of medical supplies and half a million dollars to cyclone-stricken Mozambique and Malawi. Nigerian Foreign Affairs Minister Geoffrey Onyeama visited the two countries to hand over the assistance. In both countries, Onyeama stressed that the support was a show of brotherhood and solidarity at a critical time […]

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Mozambique Okays multi-million LNG project

Mozambique has approved the development of the multibillion-dollar Rovuma liquefied natural gas (LNG) project, ExxonMobil and ENI have confirmed. Exxon Mobil bought half of Eni’s 50 percent stake in the project two years ago for $2.8 billion. According to the president of Exxon, the development plan approval marks another significant step toward a final investment […]

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Morocco, Guinea sign cooperation deal in mining sector

Morocco and Guinea early this week signed a cooperation agreement in the areas of mining and geology. The agreement was initialed in Rabat by Moroccan Minister of Energy and mining Aziz Rabbah and his Guinean counterpart Abdoulaye Magassouba. The deal will pave the way for the elaboration a roadmap for cooperation in the fields of […]

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UAE investments in Egypt reach $6.66 billion in 2018

UAE investments in Egypt slightly went up in 2018 to reach $6.66 billion compared to $6.513 billion in 2017. The figures were disclosed by UAE ambassador to Cairo Gomaa Mubarak al-Junaibi during the fourth meeting of the UAE investors in Egypt. With a total of $6.66 billion investment last year, the UAE stands out as […]

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Microsoft launches $100m Development Centers in Africa

Tech giant Microsoft has launched a $100 million Africa Development Centre (ADC) with offices in Kenya and Nigeria. The program will support the recruitment of 100 full-time engineers by the end of the year, and 500 engineers by the end of 2023. The tech company is betting on African innovation in fields like fintech, agritech […]

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Zambia: Glencore plans to close two shafts, fires 2000 workers

Zambia: Glencore plans to close two shafts, fires 2000 workers

Zambia’s Mopani Copper Mines, owned by mine giant Glencore, plans to close two shafts at its Nkana mine in Kitwe. According to unions, the move could affect more than 2,000 workers. Mine Workers Union of Zambia (MUZ) President Joseph Chewe said the closure of the two shafts would affect 600 direct employees. Other union sources […]

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European Union calls for ceasefire in Libya

European Union calls for ceasefire in Libya

The European Union on Monday called on all warring groups in Libya to commit to a ceasefire and return to UN-led mediation. EU foreign ministers in a statement urged all parties to immediately implement a ceasefire and to engage with the United Nations to ensure a full and comprehensive cessation of hostilities. The council of […]

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IEA lauds Morocco’s energy policy

The International Energy Agency (IEA) has released an extensive report covering Morocco’s reforms aiming to promote sustainable development in the national energy sector. The report was presented in Rabat by Dr Fatih Birol, the International Energy Agency’s Executive Director, in the presence of Morocco’s Minister of Energy, Mr Aziz Rabbah. According to the in-depth review […]

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Angola’s Lourenço says new oil reforms to open economy

Angolan President, João Manuel Gonçalves Lourenço has announced that his government is applying the best international practices in its fundamental oil and gas sector to attract more foreign investment in the Southern African nation. In an interview with leading oil and gas news portal africaoilandpower, President João Manuel Gonçalves Lourenço said that in recent times […]

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