Morocco’s competition regulator investigates potential violations by Glovo

The Moroccan branch of the food delivery platform GlovoApp is under formal investigation by the Competition Council for suspected anti-competitive practices. The probe centers on allegations of abuse of dominant market position and the use of predatory pricing strategies. Although the Council’s official statement did not name Glovo directly, sources confirm the company is the […]

About 30 global companies to open headquarters in Egypt

Some 29 global companies including Amazon and Microsoft agreed Thursday with the Egyptian government to open headquarters, as authorities expect the agreement to create more than 34 thousand new job opportunities for youth. The agreements and contracts were signed with IT Industry Development Authority ETIDA. Per the accords, the contribution of the 29 companies will […]

Africa-Europe Alliance: First Projects Kicked off

Only three months after the launch of the Africa–Europe Alliance, the European Commission presented the first progress made in boosting investment and creating jobs in Africa at the High-Level Forum Africa-Europe held in Vienna, Tuesday. The Forum was hosted jointly by Austrian Chancellor Sebastian Kurz, as EU President, and Paul Kagame, President of Rwanda and […]