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Egypt: Mobile Devices Manufacturing Surges in 2025
Egypt produced more than 10 million mobile devices in 2025, up sharply from 3.3 million units in 2024. The expansion reflects Egypt’s growing attractiveness to international manufacturers, with local components now accounting for more than 40 per cent of production. The remarks were made On Sunday, 28 December 2025, by Communications and Information Technology Minister, […]
EBRD Lends Tunisian Vermeg €25 Mln for Purchase of Lombard Risk
The European Bank for Reconstruction & Development (EBRD) has provided the Tunisian banking and insurance software developer Vermeg a €25 million loan for the acquisition of Lombard Risk, a leading global provider of integrated regulatory reporting and collateral management solutions. Founded in 2002, Vermeg counts major internationally-renowned financial institutions and central banks in more than […]
Gotion High-Tech to set up industrial ecosystem for electric batteries manufacturing in Kenitra
Morocco and the Chinese-European Gotion High-Tech Group, a leader in the field of electric vehicles, signed, on Thursday in Rabat, a strategic investment agreement worth 12.8 billion dirhams on the setting up of a comprehensive industrial ecosystem for the manufacturing of electric batteries in Kenitra. The investment agreement, signed at a ceremony chaired by Head […]



