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Uganda drops Chinese firm from $2.2bn railway deal, turns to Turkish rival
Uganda has begun to court Yapi Merkezi, a Turkish firm, that is building the Tanzanian railway for financing and construction of a railroad after it cancelled all contractual work it had earlier signed with China Harbor Engineering Company. The east African nation has canceled the deal it signed with the Chinese company to build a […]
Libyan lawmakers reject Dinar devaluation, call for comprehensive economic overhaul
Fifty-five members of Libya’s House of Representatives (HoR) strongly criticized the recent devaluation of the dinar, arguing that the move fails to address the root causes of the country’s deepening economic crisis. The lawmakers stressed, in a joint statement issued on Wednesday, that adjusting the exchange rate or increasing the dollar price would not resolve […]
Morocco and Finland Launch Business Council in Helsinki as Tazi Makes First European Outing as CGEM President
The General Confederation of Moroccan Enterprises (CGEM) and the Confederation of Finnish Industries (EK) signed, in Helsinki this week, a partnership agreement, establishing the Morocco-Finland Business Council as a permanent bilateral platform for private-sector dialogue and co-investment development. The signing ceremony took place at the Finland-Morocco Economic Forum co-organized by the two federations, in the […]



