Morocco
Morocco-Nigeria gas pipeline tenders to begin in 2025
Morocco plans to launch tenders in 2025 as part of the initial phases of the Nigeria-Morocco gas pipeline. According to
Economics
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Egypt
Remittances from Egyptians working abroad hits 3 billion in July 2024
According to the Central Bank of Egypt (CBE).in July 2024, remittances from Egyptians working abroad grew for the fifth
Morocco
China’s textile company Sunrise to invest $422.2 million in Morocco
Chinese textile giant Sunrise announced plans to invest MAD 4.1 billion ($ 422.2 million) in Morocco. The announcement came
Chad
China signs several infrastructure agreements with Chad and Senegal
China signed several agreements with Chad and Senegal this week, focusing on electricity, infrastructure, water, and communications, at the Forum
Egypt
Egypt, China sign MoUs to establish fiber optic cables factories, communications facilities
Egypt’s Prime Minister Mostafa Madbouly has undertaken the signing of five memoranda of understanding (MoUs) with Chinese companies to
Egypt
Egypt's Suez Canal Economic Zone inks $1.07 bln in deals at China-Africa summit
Egypt's Suez Canal Economic Zone has signed contracts worth $1.067 billion for projects in chemical manufacturing, food
Africa
Chinese President Xi Jinping pledges $51 billion in new funding for Africa
On Thursday, Chinese President Xi Jinping announced a $51 billion funding package for Africa over the next three years, with
Libya
Oil prices hit yearly low amid prospects of Libyan production resuming
Global oil prices plunged to their lowest level in a year this week, driven by expectations that Libya will soon
Egypt
Egypt's net international reserves hit $46.597 billion in August
According to the Central Bank of Egypt (CBE), Egypt's net international reserves reached $46.597 billion in August.
Burkina Fasso
Sahel state snubs regional bloc with passport move
Burkina Faso has issued new biometric passports that do not feature the Economic Community of West African States (ECOWAS) logo
Libya
Libya factions agree to appoint central bank governor in bid to ease crisis
Libya's rival legislative bodies agreed Tuesday to jointly appoint a central bank governor, a move that could ease
Egypt
Boycott of Coke and Pepsi boosts local soda brands in Muslim countries
Sales of Coca-Cola have plummeted in Egypt this year, while local brand V7 tripled its Cola exports across the Middle
Libya
UN hosts Libya rivals for central bank crisis talks
The United Nations said it held talks Monday with rival powers in Libya over the country's central bank