Coronavirus

Egypt to invest $663mln to launch industrial complexes

Egypt plans to invest about $663 million in new industrial projects, Mohamed Maait, Minister of Finance said.   The new investment will go to building new industrial complexes across the country to boost exports of Egypt-made products.   According to the minister, more than $300 million will be spent on the construction of 13 new […]

Renault to gradually resume production in Morocco plants

French carmaker Renault said it will gradually reopen its production plants in Tangier and Casablanca amid strict protective measures against the coronavirus pandemic. Renault has closed the two plants last month amid a global shutdown due to the consequences of the coronavirus, which disrupted supply of vehicle parts and demand for cars. The carmaker said […]

Germany willing to talk with Sahel’s new juntas in bid to confront extremism in strife-torn region

Germany, which currently chairs the Sahel Alliance, a key development body in the conflict-torn region, makes efforts to boost trust in state structures in countries such as Burkina Faso also by showing its willingness to interact with the post-coup regimes. Burkina Faso and Benin are part of a trip to the Sahel region by German […]