China Africa expo

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 […]

Libya: Daesh jump-starts offensives on Libya’s oil region, second day offensive in row

IS Tuesday carried out a second day offensive on Libya’s vital oil terminals prompting national oil company to call for help saying IS’s control of the oil region will cause fall of the Libyan state. The Jihadist group pushed further Tuesday on the Libya’s coastal region housing the country’s vital oil terminals. The terrorist group […]

Rapprochement Underway between Morocco, Angola

The visit by Angola’s Foreign Minister Georges Rebelo Pinto Chikoti to Rabat will help open a new chapter in Angolan-Moroccan relations, breaking away with the animosity that characterized ties between the two countries due to the Sahara issue. The agreements signed during the visit of the Angolan official set the tone for ushering a new […]