Algerian & Spanish FM

China, Benin ink deal on partial debt cancellation

China and Benin signed a Memorandum of Understanding (MoU) on partial debt cancellation Saturday during the visit of the Chinese top diplomat Qin Gang to the African country. Qin said his visit was to “identify more fields of action”, Africa News reports. “China intends to work together with Benin to implement the projects agreed by […]

Africa’s M&A landscape shrinks amid investor retreat, despite energy sector bright spots

Africa’s mergers and acquisitions (M&A) activity fell sharply in the first half of 2025, with deal volumes declining by 21% and total values down 16% compared to the same period last year. According to a new report by DealMakers Africa, foreign investors are retreating from the continent due to global interest rate hikes, a strong […]

Morocco Selects Ashurst, HSBC as Advisors for ‘Gas to Power’ Project

Morocco’s Electricity Utility (ONEE) selected two British firms as technical and financial advisors for its gas to power project. The London-based law firm Ashurst has been selected under a contract worth €1.9 million, while the Emirati branch of the British bank HSBC won a legal contract standing at $7.2 million. The gas to power project […]