Egypt to pay $627m in export arrears from August
Egypt’s Ministry of Finance will begin disbursing half of overdue export payments starting 7 August, Egypt Today reports. The
Morocco’s Minister of Energy Transition Leila Benali has told the Moroccan Parliament that the United Arab Emirates, as well as the European Investment Bank (EIB), the Islamic Development Bank (IsDB) and the OPEC Fund have agreed to contribute investment into the landmark energy project. Last week Nigeria’s Finance Minister Wale Edun also noted that the United States had expressed interest in investing in the gas pipeline project.
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.