British energy company Chariot announced that it and Morocco’s National Office of Hydrocarbons and Mines (ONHYM) reached an agreement with the National Office for Electricity and Potable Water (ONEE) on …
North Africa
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BusinessEnergyEntrepreneurshipMoroccoNorth AfricaOil & Gas
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Banking, Finance & InvestmentINVESTMENTMoroccoNorth Africa
European Bank Loans Morocco’s Nador Port €100 million For the Construction of Nador West Med port
The European Bank for Reconstruction and Development (EBRD) is financing the Nador West Med (NWM) is loaning €100 million for the construction of the Nador West Med port in Morocco’s …
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AgricultureMorroccoNorth Africa
Moroccan, Dutch Partnership in Agadir to Unveils Horticultural Center
Various officials have gathered in Agadir to inaugurate a new horticultural “center of excellence” due to a partnership between Morocco and the Netherlands. Morocco’s Minister of Agriculture, Maritime Fisheries, Rural …
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AfricaAFRICA NEWSBusiness PoliciesNorth Africa
Egypt: Gold-buying mania as national currency loses value
by Editorby EditorMany want to protect their saving by hoarding gold, but that has led to an exponential rise in the price of the metal, making it off-limits for other consumers. Egyptians …
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AfricaAFRICA NEWSBusiness PoliciesEgyptNewsNorth Africa
Egypt recorded 29.5% increase in exports to Nile Basin countries in 2021
by Editorby EditorThe Central Agency for Public Mobilisation and Statistics issued the Annual Bulletin for Trade Exchange Between Egypt and Nile Basin Countries in 2021 that presents and analyses trade volume (exports- …
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AfricaAFRICA NEWSMorroccoNorth AfricaPolitics
Morocco, U.S. Pool Efforts against WMD Threats in North Africa
by Editorby EditorMorocco and the United States co-hosted the North African Proliferation Security Initiative (PSI) workshop from December 6-8 in Tangier. The workshop, the first of its kind in the region, shows …
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNorth Africa
FIRST Marina Trust launches app to boost investment opportunity
FIRST Marina Trust Limited has launched a new software application that will enable people and corporate firms to invest with ease. The Managing Director of the First Marina Trust Limited, …
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Banking, Finance & InvestmentBusinessEconomyMoroccoNorth Africa
Standard Bank Plans to expand into Morocco and North Africa
Johannesburg-based Standard Bank has announced its plans to expand into North Africa, particularly in Morocco and Egypt. Africa’s largest lender by assets plans to enter the continent’s biggest economies to …
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AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern AfricaOil & Gas
Egypt and Greece reject Turkey-Libya maritime hydrocarbons deal
Egypt and Greece on Monday rejected the signing of the unity government in Libya, based on two memoranda of understanding formulated by Turkey in the field of hydrocarbon resources to …
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AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
World Bank approves a $400m loan to Egypt for low-carbon freight railway
The World Bank has approved a $400 million loan to Egypt to develop a railway bypass for freight trains that will help improve and decarbonise the country’s transportation and logistics sector, the …