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AfDB garners $29.2 billion in its investment forum in Rabat
Curtains fell on the Africa Investment Forum in Rabat which helped the African Development Bank (AfDB) mobilize a total funding of $29.2 billion for 47 projects, covering critical areas such as water supply, energy, transport, mining, pharmaceuticals, private equity, tourism, and infrastructure. The event drew 2,300 investors and delegates from 83 countries, AfDB chief Akinwumi […]
Deal with Turkish company to revive Algerian textile industry
State-owned Société de Gestion des Participations Industries Manufacturières (SGP-IM) has concluded an agreement with Taypa Tekstil Giyim, a Turkish company, to construct a multi-million dollar textile-clothing industry center in Algeria. The partnership is a part of the government’s efforts to promote joint public-private venture in the country and to attract foreign investment. The North African […]
Libya: UN postpones reconciliation conference following fighting in Tripoli
The UN has delayed the holding of the Libyan National Conference over current fighting for the control of capital Tripoli between the forces of the internationally-backed GNA and the Libyan National Army loyal to renegade Khalifa Haftar. The UN envoy to the north African country Ghassan Salame in a statement on Tuesday said the reconciliation […]



