The African Development Bank (AfDB) is working with Egypt to alleviate the impacts of the war in Ukraine on the country’s food security and agriculture, including by funding water projects, said the President of the AfDB Akinwumi Adesina.
Benchmark U.S. crude oil for February delivery rose 83 cents to $73.67 a barrel Thursday. Brent crude for March delivery rose 85 cents to $78.69 a barrel.
The global energy company Eni announced on Sunday that it has made a “significant” gas discovery at the Nargis-1 exploration well in the Nargis Offshore Area Concession in the Eastern Mediterranean.
IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.