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French Schneider Electric mulls €30-million investment in Egypt until 2025
French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory in Badr City, the company’s Northeast Africa and Levant Cluster President Sebastien Riez said in an interview with CNN Business Arabic, ‘Arab Business’ reports. €10 million of the €30 million […]
Tunisia: security stepped up to ward off eminent attacks
The Tunisian Interior ministry on Sunday warned that eminent terrorist attacks were looming on capital city Tunis and ordered stepping up security measures. The interior ministry said it received intelligence reports about unnamed terrorists plotting attacks against sensitive and vital sites in Tunis using car bombs and explosive belts. According to an interior ministry official, […]
AfCFTA, ECOWAS lament low trade volume among members and Africa’s low global trade share
The African Continental Free Trade Area (AfCFTA) has so far failed to boost Africa’s global trade participation that still stands at a mere 3%, according to a new report that assessed the progress in regional integration in the continent. African countries continue to conduct a greater volume of trade with countries beyond the continent rather […]



