Technology giant, Samsung Electronics has announced that it will be establishing a factory in Egypt; making it the first of its kind by the company in the MENA region. The factory which will be located at the Kom Abu Radi Industrial Zone in Al Wasta City, Beni Suef will be covering 336,000m². The announcement was […]
Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]
African politics: the promise and peril of key elections in 2023 African politics and democracy will likely see a busy 2023 year, as many of its countries, notably Nigeria, Sierra Leone, Zimbabwe, Liberia, Gabon and Democratic Republic of Congo (DRC), will hold high-stakes elections. The February general election in Nigeria has raised a great deal […]
