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Category: Business
Africa’s infrastructure investment has recovered, but is unevenly distributed
Commitments for Private Participation in Infrastructure (PPI) across 263 projects in Africa were worth $91.7 billion in 2022, a 23% increase from 2021, according to ... Read More
Chariot, Vivo Energy team up in Morocco gas-to-industry project
Chariot, a UK company that found gas offshore northern Morocco, and fuel distributor Vivo Energy agreed to work together to distribute natural gas to industrial ... Read More
New payment methods, incl. BNPL, in Africa set to continue with strong growth
The global daily value of mobile money transactions in 2022 surpassed forecasts to hit $3.45 trillion, according to a latest mobile money industry report, while ... Read More
Negotiations with IFM ongoing – Tunisia’s Social Affairs Minister
Malek Ezzahi, Tunisia’s Social Affairs Minister, indicated Monday that talks between the North African country and the International Monetary Fund (IMF) are still ongoing. The ... Read More
Automotive industry unseats phosphates again as Morocco’s top exporting sector
Sales abroad by all segments of the automotive sector gained traction in the first quarter this year becoming Morocco’s top exporting sector again ahead of ... Read More
Casablanca Stock exchange showcases its assets in London
Officials from the Casablanca Stock exchange held meetings with investors in London to showcase the competitive advantages it offers as well as Morocco’s business climate. ... Read More
Arab Fund for Economic & Social Development loans Tunisia $52m for road projects
The Arab Fund for Economic and Social Development has granted Tunisia $52 million (KWD16 million) in form of credit facility to be used for road ... Read More
Japan pledges over $700 million for Cairo’s fourth metro line
Japan will finance the construction of Cairo’s fourth metro line to the tune of $700 million. The announcement was made Sunday during a visit to ... Read More
Morocco’s cereals harvest up 62% at 55 million quintals in 2023
Morocco’s cereals harvest is seen growing to 55 million quintals, up 62% from last year when the country suffered from the longest drought in more ... Read More
Africa’s booming oil exports to Europe to result in more pollution
Majority of oil trade routes are now at least five times longer as supplier and buyer dynamics have changed dramatically after the Western sanctions imposed ... Read More