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African start-ups break record with securing $1.2bn funding in 2024 — report
African start-ups recorded an impressive fundraising performance in July 2024, raising $420 million, the highest monthly figure since the tracking began in 2019, according to a recent report by Africa: The Big Deal. This sum also represents 2.5 times the average monthly amount raised over the past one year, signaling a strong rebound in investment […]
Egypt Gets $116 Mln Financial Support For Solar Projects
The European Bank for Reconstruction and Development (EBRD) and Proparco have contributed $58 million each for the construction and operation of two 50 MW solar photovoltaic power plants in Egypt. These plants are the first two projects to be financed under Egypt’s ambitious feed-in tariff scheme for renewable and will be part of the planned […]
Morocco, Saudi Arabia sign deal on combating terrorism and its financing
Morocco and Saudi Arabi have signed Tuesday in Rabat a cooperation agreement providing for further cooperation in matters of combating terrorism and its financing. The agreement was signed between Morocco’s National Security and Territory Surveillance (DGST), and Saudi Arabia’s State Security agency after talks between the Director General of National Security and Territory Surveillance, Abdellatif […]



