Macron-Mohammed VI

Egypt : Tourism sector to be revived by 2015

Tourism Minister Hisham Zaazou has described Egypt as “a green oasis in the middle of this desert” as he made references to the ongoing turmoil in Libya, Iraq and Syria. The Minister is hopeful that Egypt’s tourism sector will be back to its golden days by the end of next year if there are no […]

Oil exploration: Qatar Petroleum gains foothold in the Tarfaya offshore area

Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]

Africa’s cotton industry to hit $7.7 billion in 2029

Africa’s cotton industry is expected to grow to 7.7 billion dollars by 2029, from a market size of 6 billion dollars in 2024, Mordor Intelligence, a global market screener said. The World Bank and other development institutions are assisting key African producers to boost output. Nearly 50% of African cotton is produced in wet African […]