How the Oil Boom Has Shaped Kenya

• Sunday, 12th July 2015
• by Egypt Oil & Gas

THE world’s oldest tools are the size of massive fists, sharpened at the edges and seemingly unblemished, having been preserved in ancient soil. They predate the earliest humans and hint at how long it has taken our ...

EGPC, Suez Canal, CBE Drowning in Dues

• Thursday, 9th July 2015
• by Egypt Oil & Gas

Tax arrears from the Egyptian General Petroleum Authority (EGPC), Suez Canal and the Central Bank of Egypt (CBE) have reached EGP 35bn, Tax Authority Head Abdel Moneim Matar said on Tuesday.

Mozambique in Good Shape But Must Keep an Eye on State Firms: IMF

• Sunday, 5th July 2015
• by Egypt Oil & Gas

Strong economic growth in Mozambique is supported by major investments in the coal mining and natural gas sectors but stricter control over state-run firms is necessary, the International Monetary Fund said on Thursday.

Angola’s dos Santos Seeks Opportunities in China

• Wednesday, 10th June 2015
• by Egypt Oil & Gas

Angolan President Jose Eduardo dos Santos met Chinese counterpart Xi Jinping on Tuesday on a state visit to seek financing for projects, including a $4.5 billion hydropower scheme, intended to revive an economy hit b ...

Algeria Faces Leadership Vacuum Amid Oil Challenges

• Sunday, 19th April 2015
• by Egypt Oil & Gas

When Abdelaziz Bouteflika ran for a fourth term as Algeria’s president a year ago, the opposition cautioned that he would be too sick to govern.

Egypt’s Bond Rating Upgraded to B3

• Thursday, 9th April 2015
• by Egypt Oil & Gas

For the first time since 2012 credit ratings provider Moody's upgraded the Egyptian government's bond rating to B3.