The Libyan Export Development Center announced on Wednesday January 1 that Libya secured three prizes in the Al-Ahram International Olive Oil Competition for 2025. A total of 193 olive oil samples from 20 countries participated in the competition. According to the Center’s Facebook post, companies registered in the exporters’ registry won gold and silver medals. […]
Business
Ghana lifts visa requirements for all Africans
Starting in early 2025, Ghana will allow citizens from every African country to enter without a visa, following a recent authorization by President Nana Akufo-Addo. The president first pledged this policy at the Africa Prosperity Dialogues, framing it as a means to forge stronger continental ties and boost tourism, trade, and travel. Historically, Ghana permitted […]
Morocco records strong remittances growth
Moroccan expatriates’ remittances reached 108.67 billion dirhams through November 2024, showing a 2.8% annual increase, according to the latest foreign exchange statistics. The Office des Changes reports that remittances growth maintains its upward trajectory, marking a substantial 77% increase compared to November 2020 levels of 61.25 billion dirhams. The previous year closed at 115 billion […]
Libya wants to resume direct air and maritime links with Morocco
Libya is interested in opening a direct air route and a maritime link with Morocco to boost economic ties, its transport minister Salem Al Shahboubi said. Sahboubi made the remarks during a meeting with his Moroccan counterpart Abdessamad Kayouh on the sidelines of the 29th General Assembly of the Arab Civil Aviation Organization (ACAO) held […]
Tourism revenue, Morocco heads towards new record
Morocco’s tourism sector is growing at a steady pace breaking all records. Already in the first ten months this year, the number of tourists visiting the country surpassed last year’s level which was a record. In the eleven months this year, Morocco reached a new milestone in terms of revenue. Tourism revenue grew 7.2% to […]
Mauritania has officially become a gas-producing country
Mauritania has officially become a gas-producing country, as announced by the Minister of Energy earlier on December 31, 2024. The milestone was achieved with the opening of the first natural gas well at the Grand Tortue Ahmeyim (GTA) field, marking a decisive step in the development of this major cross-border energy project. The first drop […]
AfDB to support private sector development program in Egypt
The African Development Bank (AfDB) will support the first phase of Egypt’s Private Sector Development and Economic Diversification Program. This comes under a $131 million agreement with the Egyptian Government and is part of a broader effort to strengthen Egypt’s economy and improve the business environment. This initiative aligns with the government’s strategy to enhance […]
Shipment of 800 cows arrives for Ghout Al-Sultan project in Benghazi
The Ministry of Agriculture and Livestock, operating under Libya’s parallel Government, announced the arrival of a shipment of 800 cows at the Benghazi seaport. The livestock shipment originated from the Port of Marseille in France and was imported by Emaar Libya Holding Company for the Ghout Al-Sultan Production Project, located east of Benghazi. In its […]
Morocco, Mauritania poised to strengthen fisheries cooperation
Morocco and Mauritania are poised to enhance their cooperation in the sector of fisheries as both sides share the same commitment to inject fresh momentum into collaboration on shared interests related to the sector. Means to give a new impetus to this cooperation were reviewed at a meeting in Rabat Monday between Secretary of State […]
Libya joins African Export-Import Bank
Libya has officially become the 53rd member of the African Export-Import Bank (Afreximbank), marking a significant step towards enhancing economic integration within Africa. This milestone was announced to the media over the weekend, although the formal membership occurred earlier in the week. As part of its membership, Libya aims to leverage Afreximbank’s support for several […]









