Veolia to build world’s second largest desalination plant in Morocco

Morocco picked French firm Veolia to build the largest desalination plant in Africa and the world’s second largest, as the country seeks to address water-stress challenges. A Memorandum of Understanding was signed in that connection between Morocco’s interior ministry and Veolia, on the sidelines of the visit by French President Emmanuel Macron to Morocco at […]

Egypt to launch national industrial strategy on October 25

Egypt is set to launch on October 25 its national industrial strategy in cooperation with an international company, reports say. Ahmed Samir, the North African country’s Minister of Trade and Industry told “Asharq Business” that the strategy includes all industrial hubs, linking the Egyptian industry with industrial sector variables around the world. In line with […]

The U.S. trade office points to corruption of Kenyan officials

The U.S. trade office said Kenyan officials have been systematically asking bribes from U.S. investors, who complained of lack of transparency and excessive complexities and inefficiencies in the procurement process for contracts. Corruption will thwart foreign investors in Kenya where only those who pay a bribe manage to invest, said the U.S. trade office in […]