The Guardian: Casablanca Finance City, gateway for international investment into Africa

The Casablanca Finance City impressive growth and its rapidly mushrooming new high-rise buildings stand as a model for African development and a gateway for international investment into Africa, said the Guardian daily. The attractive tax regime of Morocco’s financial center has brought in entities from across the globe. It now hosts 240 companies, including Huawei […]

Russia and Turkey strengthen their nuclear footprint in Africa

Russia and Turkey have recently strengthened their nuclear footprint in Africa, the former by inking a nuclear deal with the Congo and the latter through reported efforts by to acquire some of Niger’s uranium assets to support its growing nuclear-power industry. After being involved in several nuclear deals across Africa, Russia’s state company Rosatom which […]

Egypt greenlights new oil exploration deals with Russia’s Lukoil

The Egyptian Parliament has endorsed two significant oil agreements, authorizing the Ministry of Petroleum and Mineral Resources to formalize contracts with Russian energy giant Lukoil, further cementing Cairo’s strategic alliance with Moscow in the energy sector. The first deal grants exploration and production rights to Lukoil Overseas Egypt Ltd., in partnership with the South Valley […]