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Egyptian companies win about $2bn-contracts in Libya to set up power stations
Libya has signed multiple billion-dollar contracts with a number of Egyptian companies to set up power stations in the oil-rich country. Salama Al-Ghwail, Libya’s State Minister for Economic Affairs, told Egyptian media the contracts are worth between $1.5 billion and $2 billion. Al-Ghwail said Egyptian companies should win between 60 to 70% of the reconstruction […]
Africa Free Zones 4th annual meeting held in Addis Ababa
The 4th annual meeting of Africa free zones was held in Addis Ababa, Ethiopia, this Tuesday under the theme “Economic Zones – Accelerator for Industrialization in Africa”. The meeting, sponsored by Africa Free Zones Organization (AFZO), was held during the “Africa Industrialization Week”, organized by the African Union Nov. 18 to 22. Over 220 delegates […]
Morocco made good monetary & fiscal choices in the face of COVID-19, IMF Chief says
Morocco made “good choices” in terms of monetary and fiscal policy in the face of the Covid-19 pandemic, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, who highlighted the very strong partnership between the international financial institution and the Kingdom. “We have had a very strong partnership with Morocco for years now. […]



