Tourism kasbahs

Algeria: Africa’s 2nd largest consumer gets €50 million Renault factory

Algerian and French government officials were gathered at the western city of Oran to witness the opening of a €50 million Renault car factory in Algeria that will produce 25,000 units per year before rising to 75,000 by 2019. The plant is a joint venture and will be producing the ‘Symbol’ model; a saloon based […]

OCP Africa partners with IsDB to boost rice output in Côte d’Ivoire

OCP Africa, subsidiary of the state-owned Moroccan phosphate group (OCP) has teamed up with the International Islamic Trade Finance Corporation (ITFC) of the Islamic Development Bank (IsDB) to boost rice farming and enhance agriculture value chains in Côte d’Ivoire. Under a cooperation agreement inked this week, the ITFC will support OCP Agribooster program to be […]

African Tech funding rebounds in 2025, driven by record debt surge

African tech venture funding rebounded sharply in 2025 after nearly two years of slowdown, with startups raising $4.1 billion, their best performance since 2022. The findings, published in Partech’s Africa Tech Venture Capital Report 2025, highlight a renewed investor appetite despite persistent global financial constraints. But the recovery reflects more than a cyclical upswing, marking […]