DJAMILA-BOUHIRED

Abraaj Capital and OPIC agree on joint venture

As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by US Deputy Secretary of State for Management and Resources, Thomas Nides, between one of the regions’ biggest investment institution in Egypt, Abraaj Capital, and the US Overseas Private Investment Corporation (OPIC) with plans to invest […]

Nigeria on way to cut dependence on imported refined oil

Nigeria’s oil regulator (NUPRC) reached a deal with producers to ensure steady supply of crude to local oil refineries, a move that would help the country cut dependence on imported fuel. Africa’s richest oil country imports most of its refined oil needs partly due to oil majors demanding excessive premiums or saying they had no […]

Aeronautics: Thyssenkrupp to Open Processing & Logistic Site in Morocco

German Group thyssenkrupp Aerospace will open a processing and logistics center in Casablanca before the end of the year, confirming the momentum of Morocco’s aerospace industry which continues to attract foreign investors. Mr. Patrick Marous, CEO thyssenkrupp Aerospace, said the Casablanca site will enable thyssenkrupp to supply its local customers with the required materials and […]