PPC revenues up to EGP 2.8 bln: Petroleum Ministry

Petroleum Pipelines Company (PPC ) on Tuesday 14/9/2021 revealed that nearly 60 million tons of crude oil, petroleum products and condensates as well as butane gas were transported during Fiscal Year (FY) 2020/2021.Almost 28 million tons are crude oil, condensates and about 31.8 million tons are petroleum products, and buatne, with revenues estimated at nearly 2.8 billion Egyptian pounds, marking a 12% increase, compared to the past year, added the…

Sudan seeks Saudi investment in infrastructure

Sudanese minister called on Saudi businessmen to put their money into the very much needed infrastructure investments among other economic activities to rebuild the national economy.A Sudanese-Saudi economic forum began in Khartoum on Sunday. The meeting, which is co-organised by the government of the two countries, aims to allow 45 Saudi public and private investors to better identify economic activities where they can inject their money.Speaking at the opening session,…

World Bank Group appoints new S. Sudan country manager

The World Bank Group has appointed Firas Raad, a Jordanian national, as the new Country Manager for South Sudan.JPEG - 33.4 kbFiras Raad, the new World Bank Group Manager for South Sudan (World Bank photo)He succeeds Husam Abudagga, who recently completed his two-year term as the Group’s Country Manager.Raad, the Group said in a recent statement, will be leading an expanding country program focused on delivering project financing and analytical…

World Bank Group appoints new S. Sudan country manager

The World Bank Group has appointed Firas Raad, a Jordanian national, as the new Country Manager for South Sudan.JPEG - 33.4 kbFiras Raad, the new World Bank Group Manager for South Sudan (World Bank photo)He succeeds Husam Abudagga, who recently completed his two-year term as the Group’s Country Manager.Raad, the Group said in a recent statement, will be leading an expanding country program focused on delivering project financing and analytical…

World Bank Group appoints new S. Sudan country manager

The World Bank Group has appointed Firas Raad, a Jordanian national, as the new Country Manager for South Sudan.JPEG - 33.4 kbFiras Raad, the new World Bank Group Manager for South Sudan (World Bank photo)He succeeds Husam Abudagga, who recently completed his two-year term as the Group’s Country Manager.Raad, the Group said in a recent statement, will be leading an expanding country program focused on delivering project financing and analytical…

Biden Administration Launches Initiative to Build US-Africa Trade

The administration of U.S. President Joe Biden has kicked off the Prosper Africa Build Together initiative by requesting $80 million from Congress to build trade and investment between the U.S. and Africa.Dana Banks, U.S. senior director for Africa at the National Security Council, said Wednesday in an online news briefing that the U.S. was ready to do business with the continent.“The campaign is a targeted effort to elevate and energize…

Biden Revives Trump’s Africa Business Initiative

The Biden administration on Tuesday announced a new push to expand business ties between U.S. companies and Africa, with a focus on clean energy, health, agribusiness and transportation infrastructure on the continent. U.S. industry executives welcomed the interest but said dollar flows will lag until the administration wraps up its lengthy review of Trump administration trade measures and sets a clear policy on investments in liquefied natural gas. Dana Banks,…

Biden Revives Trump’s Africa Business Initiative

The Biden administration on Tuesday announced a new push to expand business ties between U.S. companies and Africa, with a focus on clean energy, health, agribusiness and transportation infrastructure on the continent. U.S. industry executives welcomed the interest but said dollar flows will lag until the administration wraps up its lengthy review of Trump administration trade measures and sets a clear policy on investments in liquefied natural gas. Dana Banks,…
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