The government issued a number of social protection programs worth more than EGP 85b to protect low-income citizens from being negatively affected by the burdens of economic reform.
The International Monetary Fund (IMF) supports the Mozambican government decision to increase fuel prices as the IMF believes the step will help the African country in facing its struggles with foreign debt.
Egypt, led by Prime MinisterSherif Ismail, decided to delay increasing fuel prices to May 2017. This came in hopes to linking the price hikes to the generalization of the third phase of fuel smart cards across the c ...
Tanzania's energy regulator lowered maximum retail prices for diesel and kerosene early January but marginally raised the limit for petrol to reflect changes in global energy costs.
Zambia's retail fuel prices fell early January due to subdued oil prices. The cut came after President Edgar Lungu said he expected to do so even as Brent crude climbed 13% in December 2016.