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As BRICS Pay rises, Africa rethinks cross-border payments
Africa’s long-fragmented cross-border payment systems may be on the cusp of transformation, driven by emerging alternatives to Western-dominated networks like SWIFT. The launch of BRICS Pay — a decentralized platform aiming to settle transactions in local currencies — signals a broader push to reduce reliance on the U.S. dollar and challenge the geopolitical sway it […]
Morocco tops fresh produce exporters to Spain
Morocco has strengthened its position as Spain’s top supplier of fresh produce in 2024, with exports reaching 801 million euros from January to October, up 13% from the same period a year earlier, Spain’s fresh produce association (FEPEX) said. Nearly a quarter of Spanish imports of fruits and vegetables were supplied by Morocco, FEPEX said […]
Egypt Strengthens Gas Supply Measures Amid Record Power Demand and Heatwave Pressures
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has affirmed the government’s commitment to ensuring a stable and sustainable supply of natural gas this summer, particularly for the electricity and industrial sectors. His remarks came during an inspection of the National Advanced Transmission and Automation Centre (NATA), as the country faces soaring electricity loads […]



