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Egypt: Pro-Sisi parties triumph in parliamentary elections
Political parties loyal to President Sisi dominated in the parliamentary elections where For Love of Egypt party won all the 120 seats allocated to the list system while the majority of the remaining 448 seats filled on individual basis was also held by pro-Sisi parties. The elected MPs would be joined by 28 other members […]
Afreximbank to disburse $85 bln to support intra-African trade
African Export-Import Bank (Afreximabank) plans to disburse about $85 billion in support of intra-African trade until 2021, Benedict Okey Oramah, the president and chairperson of the bank said. Speaking on the sidelines of the 32nd African Union Summit, Oramah said the move is crucial to achieving African economic integration. He said the bank is working […]
Green Steel: Moroccan-Chinese alliance crowned with new generation plant
Chinese Maolong New Materials company and Moroccan Sinam Group (Global Steel) have joined forces and established a HIsmelt plant in Morocco. HIsmelt is a smelting process for producing iron from iron ore using non-coking coal, which allows for the production of high-quality molten pig iron without the need for traditional agglomeration methods. This technology allows […]



