protests in Algeria

Morocco’s Industrial Equipment Imports Surge 132% in Decade-Long Expansion

Morocco’s industrial equipment imports have experienced remarkable growth over the past ten years, reflecting the country’s accelerating transformation into a high-tech manufacturing hub. Imports of finished industrial equipment products jumped from 77.03 billion dirhams in 2014 to 178.88 billion dirhams in 2024, representing a 132% increase. The upward trajectory continued through 2024, with industrial equipment […]

Egypt: One police officer, seven suspected militants killed in gun battle in Cairo

A police officer and seven alleged terrorists died in a gun shootout during a security raid on a terror cell, in capital Cairo, the Interior Ministry said Wednesday. The ministry said the raid came on the back of intelligence that the terror cell was using several areas in southern and eastern Cairo as hideous to […]

Afreximbank to disburse $85 bln to support intra-African trade

African Export-Import Bank (Afreximabank) plans to disburse about $85 billion in support of intra-African trade until 2021, Benedict Okey Oramah, the president and chairperson of the bank said. Speaking on the sidelines of the 32nd African Union Summit, Oramah said the move is crucial to achieving African economic integration. He said the bank is working […]