Business and Companies
94 articles
Froch targets 2027 production at Morocco plant
Froch says equipment installation is under way at its Morocco facility, with trial runs planned by the end of 2026 and production targeted for early 2027. The company has tied earnings growth to a new export-focused manufacturing base, but public sources reviewed did not independently confirm the budget or timetable.
Tunisia seeks a bigger role in the global halal economy
Tunisia has about 40 halal-certified companies, and halal-sector export operations are estimated at TND 1.3 billion, led by food products. At a September forum, officials and businesses outlined plans to widen certification, improve logistics and financing, and build a larger regional role.
Morocco's Battery Bet Connects Kenitra to European Industry
Gotion High-Tech and PowerCo plan to produce up to 100,000 tonnes of LFP cathode material a year in Kenitra. The €480 million project is part of a wider partnership with battery ventures in Spain and Slovakia.
US Drug Pricing Policy Could Delay New Treatments in Morocco
A study of 195 patented medicines suggests US most-favored-nation pricing could make some European launches less attractive. Because Morocco relies on foreign suppliers for innovative treatments, delays in larger markets may affect access. That does not mean every delayed European launch will be withheld from Morocco.
McKinsey Taps Yassir Zouaoui to Lead Morocco and Francophone Africa
Yassir Zouaoui is returning to Casablanca after about 20 years with McKinsey to lead its Morocco and Francophone Africa business. The office has around 120 consultants, and private-sector clients account for nearly 90% of the firm's business in Morocco.
Libya's Savings and Real Estate Bank explores housing partnership with China's Sichuan Huayuan
Libya's Savings and Real Estate Investment Bank is looking to team up with China's Sichuan Huayuan Construction Engineering Co. The Tripoli talks show Libya's push to bring in foreign expertise and investment for its cities.
Morocco launches Startup Catalytic Fund to drive digital sector investment
Morocco has set up a government-backed Startup Catalytic Fund, aiming to put MAD 347 million into venture capital managers and unlock up to MAD 2.5 billion for digital startups under its Digital Morocco 2030 plan.
Libya opens doors for foreign companies with new approvals
Libya's Ministry of Economy and Trade has cleared 52 new approvals for foreign companies to start, renew, or change their operations. The move is meant to draw in global investment, bring in new technology, and build stronger economic ties.
Libya considers French air compressor tech to boost water sector
Libya's Ministry of Water Resources is looking at French air compressor technology from MAC3 to modernize water well drilling and support technical work across the sector. Tripoli is turning to international expertise as it faces tough water infrastructure problems.
Validfor moves in on Egypt's digital health push with direct talks in Cairo
Validfor's top team sat down with Egypt's Associate Minister of Health, aiming to get in early on the country's digital health overhaul. The company is looking to land future deals and partnerships as Egypt's healthtech sector opens up.
Libya sets sights on African halal trade with MIHAS 2026 debut
Libya's first showing at MIHAS 2026 in Kuala Lumpur marks a push to build trade with Malaysia and tap into its halal certification system, aiming to make Libya a key entry point for halal goods into Africa.
Djezzy gets green light from central bank to launch digital payments in Algeria
Djezzy has secured initial approval from the Bank of Algeria to set up Djezzy Payment Services. This marks a big move for telecom-driven digital payments and signals rising competition in Algeria's changing financial sector.
Repsol stock rises as Libya oil cut tests investor nerves
Repsol shares jumped 2.45 percent to EUR 30.54, even after a sharp production cut at Libya's El Sharara field. Investors are weighing strong first-half profits against fresh supply risks in North Africa.
Algeria faces volatile costs as prebiotic sugar imports surge
Algeria's prebiotic sugar market is growing fast, but heavy import dependence leaves it exposed to global price swings and supply chain risks.
Libya faces refinery shutdown as Zawiya blockade escalates
Libya's National Oil Corporation has lost access to the Zawiya refinery after security forces blocked entry and shut a key pipeline valve. The move threatens a full shutdown and possible force majeure, with direct fallout for the country's oil sector.
Dawi Clinics pushes for affordable healthcare for Egypt's middle class
Dawi Clinics, co-founded by Magda Habib, is building a network of thirty clinics across Egypt to offer affordable, reliable healthcare for the country's middle class. The company is challenging Egypt's patchwork system and aiming to become a trusted national name.
Marlink brings new digital safety tech to Morocco Desert Challenge
Marlink has rolled out new satellite-based communication and tracking systems for the 2026 Morocco Desert Challenge, aiming to keep competitors safer and help organisers manage the race across the desert's toughest stretches.
Hyundai electric buses to hit Marrakech streets in major transit shift
Fifteen Hyundai Elec City electric buses are coming to Marrakech through a KOICA-led project, marking the first South Korean electric buses in Morocco and backing the country's push to cut emissions.
Messe Düsseldorf brings Morocco Food World to Casablanca, targeting food sector upgrade
Messe Düsseldorf will launch Morocco Food World in 2027, bringing advanced processing and packaging tech to Morocco's growing food industry. The event strengthens the interpack alliance's reach across North and West Africa.
Orange Egypt to deliver digital infrastructure for Marakez developments
Orange Egypt has signed a deal with Marakez to build and run digital infrastructure at four major developments. The move aims to boost connectivity for people and businesses in key Egyptian cities and commercial centers.
Libya and GIZ plan first Green Business Incubator and venture fund
Libya's Planning Institute is working with GIZ Libya to set up the country's first Green Business Incubator and a venture capital fund. The goal is to drive investment and support for new businesses focused on sustainability and the circular economy.
Chevron returns to Libya as oil sector seeks production revival
Chevron's re-entry into Libya signals a renewed push to revive the country's oil sector, but the scale of future production gains will depend on whether political and security risks can be contained long enough to attract sustained international investment.
Algeria sees record tourism boost after targeted visa changes
Algeria's tourism sector is seeing rapid growth, with 3.5 million visitors in 2024 after new visa rules for organized tours and expanded air routes. The country is emerging as a major North African destination.
MAN Truck & Bus turns to private sector with Libya Motors deal
Germany's MAN Truck & Bus has named Libya Motors Company as its exclusive distributor in Libya, moving away from state partnerships to deliver premium vehicles and support to the country's commercial transport sector.
Libya signs deal with BMA for major sugar plant in Juliana
Libya has moved to boost its domestic sugar production by contracting Germany's BMA to build a modern processing plant in the Juliana Free Zone, aiming for 2500 tons daily capacity and a 24-month completion timeline.
Morocco's electric vehicle growth outpaces its charging network
Morocco is seeing a sharp increase in electric vehicle registrations, but the country's charging infrastructure remains limited and unreliable. Watt.ma, led by engineer Prince Marfo, is building a platform to help operators manage and monetize charging stations.
Tunisia sets its sights on electric mobility leadership in North Africa
Tunisia is moving to redefine its role in the automotive sector by targeting electric mobility and innovation, seeking to offer Europe a sustainable alternative to China and showcase its manufacturing capabilities beyond traditional components.
OMV confirms major oil find in Libya's Sirte Basin
OMV has declared its Essar well in Libya's Sirte Basin commercially viable, unlocking up to 45 million barrels of recoverable oil and accelerating the country's push to revitalise its energy sector after years of stagnation.
Italpress to cover Misurata Energy and Business Summit as official media partner
Italpress will act as the official media partner for the Misurata Energy & Business Summit in Libya, aiming to strengthen business ties between Italy and Libya and give Italian companies direct insight into opportunities at the Misurata Free Zone.
Zenith Energy disputes Tunisia arbitration, citing tribunal conflict
Zenith Energy is taking its $130 million dispute with Tunisia to the European Court of Human Rights, alleging the arbitration process was compromised by undisclosed ties between the tribunal president and Tunisia's legal counsel.
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