Tunisia’s flagship carrier, Tunisair, announced drastic measures to address financial difficulties including the laying off of 1200 employees, transport minister Hichem Ben Ahmed said. The company, which operates 30 airplanes, has also reviewed its African expansion plans to mitigate the crisis it is facing. Tunisair currently employs 200 staff per aircraft and plans to reduce […]
Gabon’s former President Ali Bongo, before being deposed on August 30, had given China the authorization to establish a military base on Mandji island, in the delta of the Ogooué river, in the Gulf of Guinea, Paris-based media Africa Intelligence and local media Gabon Review report. African Intelligence notes that Ali Bongo gave the verbal […]
Morocco’s phosphates and fertilizer giant, OCP, said its revenue grew 6% in 2024 to 9.7 billion dollars, following improving demand in the international markets. The group, which will issue detailed financial results at a later date, plans to go green by 2040 as it forges ahead to rely on renewable energies and desalinated water by […]
