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Egyptian billionaire Naguib Sawiris to visit Tunis

Egyptian billionaire Naguib Sawiris is planning to visit Tunisia “soon” and would announce resumption of one of his mega projects in the North African country. Sources told Egyptian media Acharaa that Sawiris might meet with “senior officials, including the Tunisian President.”   “The meetings will discuss among others a mega tourism project in one of […]

Algeria: EU to lean on Algerian gas to escape Russian gas dependence

London based paper Financial Times revealed on Wednesday that the European Union is planning to lean on Algeria to increase its gas import, a way to reduce its dependence on the Russian gas sources. According to the paper, talks have been initiated by the EU energy Commissioner Miguel Arias Canete and a new importation plan […]

AfDB pledges over $1 Bln to support Morocco’s climate resilience for inclusive development

The African Development Bank has pledged to provide Morocco more than $1 billion over the next two years to enable the North African country cope with drought and support climate-resilient agricultural initiatives seeking to boost farming production and ensure food security. The announcement was made Tuesday by AfDB Vice-Pdt Beth Dunford following her working visit […]