In 2025, Saudi Arabia and the United Arab Emirates (UAE) are set to become increasingly important investors in Africa’s ...

Saudi Arabia-based ACWA Power has secured senior debt facilities, worth SAR2.638bn ($701.9m), to finance a 1.1GW wind power ...

ACWA Power Co.signed on Dec. 30 financing agreements for the development, construction, operation and maintenance of a ...

US politicians on both sides have reacted to news that former US President Jimmy Carter, who as president brokered peace ...

Amea Power chairman Hussain Al Nowais aims to follow the launch of Egypt’s largest solar plant with the Horn of Africa’s ...

Prime Minister Mostafa Madbouly announced that Egypt has successfully repaid approximately USD 38.7 billion in debts ...

Prime Minister Mostafa Madbouly announced that the government is working to finalize a new export subsidy program within the ...

The agreement includes recalibrating Egypt's fiscal commitments to create space for critical social programmes benefiting ...

When African nations accumulate significant debt with the IMF, they are frequently forced to enact strict economic reforms ...

Egypt's PM noted that the debt burden for the upcoming year is expected to be lower than in 2024, marking a positive ...

"A comprehensive reform package is needed to ensure that Egypt rebuilds fiscal buffers to reduce debt vulnerabilities and ...

Top 10 African countries with IMF loans as Kenya ranks second among Africa's largest IMF borrowers in 2024, with a debt of $3 ...