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Morocco, only country in Africa having FTA with USA, State Department Report
Morocco is the only country on the African continent with a Free Trade Agreement (FTA) with the United States, eliminating tariffs on more than 95 percent of qualifying consumer and industrial goods, says the 2022 U.S. Investment Climate Statements issued by the State Department. The North African Kingdom is planning to phase out tariffs for […]
Egypt to invest $663mln to launch industrial complexes
Egypt plans to invest about $663 million in new industrial projects, Mohamed Maait, Minister of Finance said. The new investment will go to building new industrial complexes across the country to boost exports of Egypt-made products. According to the minister, more than $300 million will be spent on the construction of 13 new […]
São Tomé and Principe: AfDB approves €12.46 million to support energy transition
The African Development Bank (AfDB) Group has approved €12.46 million to support the Energy Transition and Institutional Support Program (ETISP) of São Tomé and Principe. The financing cover the major part of the program, which costs around €13 million. The rest of the funding will be supplemented by the government, according to AfDB. The project […]



