Business Emerging Markets Features Headlines Morocco

Aeronautics: Hutchinson enhances its Presence in Morocco with expansion of its Casablanca plant

Hutchinson group has expanded its Casablanca production site specialized in the manufacturing of composite aerospace parts and cabin insulation solutions. The 18,700 sq. m addition was inaugurated Wednesday by Ryad Mezzour, Moroccan minister of industry & Trade, Hélène Moreau-Leroy, Chairman & CEO of Hutchinson, and Philippe Olivier, Senior EVP, Aerospace, Defense & Industry. The expansion […]

Africa Features Headlines International

Mali takes delivery of Russian, Turkish military hardware

Colonel Assimi Goïta, leader of the transition in Mali, attended Thursday the delivery of three Turkish Bayraktar TB2, four Russian L-39 ALBATROS fighter jets and several other military equipment to beef up the power of Malian armed forces. “These new weapons systems, composed of several Bayraktar TB2 UAVs and L-39 ALBATROS fighters, are the result […]

Egypt Features Headlines

Arab Ministers’ health council back up Egypt’s proposal to establish Arab Drug Agency

The Council for Arab Ministers of Health approved Egypt’s proposal to establish the Arab Drug Agency, the Egyptian Ministry of Health and Population said in a statement according to state-run Ahram news outlet. The approval is one of the most fruitful resolutions that resulted from the 58th session of the council, health minister Khaled Abdel-Ghaffar […]

Features Headlines Tunisia

Tunisian court hands capital punishments to five following 2020 deadly tribal confrontations

The court of First Instance of the coastal city of Gabes, condemned Wednesday five people to capital punishments, a sixth person to life imprisonment, all of them charged with premeditated murder and possession of a firearm without a permit during a 2020 confrontation between two tribes in Ain skhouna, South of Tunisia. December 12, 2020, […]

Business Egypt Emerging Markets Features Headlines

Egypt inks deals with international consortiums to establish, manage, operate Sokhna & Dekheila ports

Egypt signed two agreements worth $1.6 billion with international consortiums on the establishment of the superstructure, management, operation, exploitation, maintenance, and handing over of the container terminals at Ain Sokhna and Dekheila ports, the Arab country said in a statement on Wednesday. The first project will be implemented in the port of Sokhna between the […]

Africa Features International

DRC sentences three Chinese to death for murder

A military court in the Democratic Republic of Congo, DRC, has sentenced three Chinese to death for the murder of another Chinese businessman residing in the mineral resources-rich town Kolwezi, the capital of Lualaba province. The ruling came Tuesday, Anadolu news agency reported. The court charged Wang Yon Xu, Cheng Zing Dan and Whang Hui […]

Energy Features Headlines Morocco

Morocco’s Wind Energy Industry to contribute $1.7 Bln in Country’s Economy

The wind energy Industry in Morocco is expected to create 75,000 additional jobs and contribute $1.2 billion in the country’s economy during the four coming years, according to a report released by Global Wind Energy Council (GWEC). A country which installs 1 GW of onshore wind energy capacity per year could unlock a range of […]

Africa Features Headlines International

Namibia’s ruling party names Netumbo Nandi-Ndaitwah as sole candidate for presidential elections

Namibia’s President Hage Geingob has named Netumbo Nandi-Ndaitwah as the sole candidate for the ruling Swapo party in next year’s elections. The nomination came Saturday as the country’s leader was addressing the party’s top organ. President Geingob called on party members to Nandi-Ndaitwah when official campaigns begin next year. “Elections took place, we have the […]

Business Egypt Features Finance Headlines

Egypt-based online payment service Fawry denies connection with Silicon Valley Bank

Egypt’s leading e-payments solutions provider Fawry denied Monday any affiliation with Silicon Valley Bank (SVB), nor any of its subsidiaries, weeks after US authorities ordered the closure of SVB with the Federal Deposit Insurance Corporation (FDIC). The company in a press release also confirmed that it does not currently have any relationships with any bank […]

Features Headlines Tunisia

Tunisia’s Parliament speaker vows good ties with media after ban on the first plenary

Brahim Bouderbala, the new Speaker of Tunisia’s brand new legislature, pledged Monday to re-affirm press freedom and good ties with journalists, even though state banned private and international media outlets to cover the first plenary of lawmakers elected during December 17 unpopular legislatives. Tunisians authorities barred private and international media to the first plenary of […]