Tag:Suez Canal

Business

Regional challenges cost Egypt about $7bn of Suez Canal revenues in 2024 – Sisi

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel...
Michael Simire -
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Egypt begins expansion of Suez Canal’s southern stretch

Egypt said it had begun dredging works for expanding the Suez Canal’s southern section to allow two-way traffic in the international man-made waterway. The country’s...
Michael Simire -

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Renewable Energy

Near-700 GW surge in 2025 proves renewable energy resilience

Year 2025 saw total renewable power capacity reach 5149 gigawatts (GW) after the addition of 692 GW, or a...
News

ECOWAS Bank approves $150m to construct Lagos waste management facility, Lagos-Calabar Coastal Highway

The ECOWAS Bank for Investment and Development (EBID) has approved $266.7 million and XOF30 billion to support a portfolio...

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