Egypt will maintain the price of 95-octane petrol at 7.75 EGP (0.4485 USD) per liter in Q2-2019 as it linked the cost to international fuel prices for the first time. The government is further expected to announce mechanisms to float prices for other gasoline products in June 2019. To read more about Issue 220
Egypt Tourism Minister Rania Al-Mashat won the World Travel Tourism Council (WTTC) Global Champion Award at the 2019 Global Summit in Seville, Spain, for her significant leadership role in promoting tourism resilience. To read more about Issue 221
Saudi Aramco raised the local price for Octane 95 gasoline to 2.10 SAR from 2.02 SAR in Q1-2019 and Octane 91 to 1.44 SAR from 1.37 SAR per liter. To read more about Issue 222
At least 207 people were killed and hundreds more wounded in a series of bomb blasts that hit luxury hotels and churches across Sri Lanka on Easter Sunday, leaving the entire country in a state of lock-down. To read more about Issue 223
Google selected Facebook to become the top brand in 2019 YouGov WorkforceRankings in Egypt, achieving a reputation score of 60.1. Facebook moves down to second while iPhone, Galaxy (chocolate) and YouTube remain in the same positions as last year, in third, fourth and fifth, respectively. To read more about Issue 224
Insights Africa
Kenya National Highways Authority (KNHA) is constructing more than11 major roads at a cost of 144 BN KES (1.4 BN USD) across Kenya. The projects are undertaken by other financiers including the World Bank, China Exim Bank, African Development Bank (ADB) and Japan International Cooperation Agency (JICA). To read more about Issue 14
The Trump-Kenyatta partnership is about investments, security, support and development. Kenya is already a hub for numerous US companies spending 1 BN USD (100 BN KES) in improving healthcare, agriculture, education and security. To read more about Issue 15
Tanzania has agreed on 100 BN KES (1.7 BN USD) financing deal with the World Bank to fund various projects in 2019/2020. The agreement, which is comprised of low-interest loans and grants, includes 400 MM USD loan foreducation and 300 MM USD for poverty reduction program. To read more about Issue 16
The U.N. refugee agency (UNHCR) reports 163 refugees from sub-Saharan Africa, who were detained in horrific conditions in Libya, have been flown out of Libya to safety in Niger. To read more about Issue 17
The price of Kenyan coffee rebounded by 18% last week after months of a downward trend as quality offered for sale improved at the auction.Kenya has one of the best coffees in the world. To read more about Issue 18
