Since the ousting of Syrian president Bashar Assad, there has been a surge in Russian air and maritime traffic to Libya, where Moscow seeks a new Mediterranean hub. Flights increased from the Syrian Hmeimim base to Al Khadim’s airbase in the Libyan desert, where Russia was transferring its military equipment, according to data analyzed by […]
The Africa Finance Corporation (AFC) has called on African governments to tap into over $4 trillion in untapped domestic capital to bridge the continent’s widening infrastructure gap. In its 2025 State of Africa’s Infrastructure report, the AFC emphasized that pension funds, sovereign wealth funds, commercial banks, and reserves collectively hold the capital needed to transform […]
Chinese company Kuntai has said it will invest $13.7 million in a car carpet plant in Morocco which has become a major global player in the automotive industry. The new production site comes to enhance further Morocco’s automotive industrial eco-system. Its main target is the European market. The facility will also promote research, development, production, […]
