North Africa

Business Africa

Emirates NBD to Acquire HSBC Egypt’s Retail Banking Business in Regional Expansion

Emirates NBD has agreed to acquire the retail banking...

Business Africa

IMF Completes Egypt Programme Reviews, Unlocks $1.8 Billion in Fresh Financing

The International Monetary Fund (IMF) has completed the seventh...

Business Africa

Energean, Carlyle Among Bidders for BP’s Egypt Gas Assets as Portfolio Sale Advances

Several energy companies and investment firms, including Energean, Carlyle...

Luxury News

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

Marriott International is strengthening its presence in Egypt as...

Luxury News

Renault Posts Record Sales in Morocco as Africa’s Leading Automotive Hub Strengthens

France’s largest carmaker, Renault Group, has recorded its highest-ever...

Luxury & Lifestyle

Spectacle, Entertainment & Family Adventure — Hollywood Sharm El Sheikh

Located in Sharm El Sheikh, Egypt, Hollywood Sharm El Sheik is one of the city’s most recognizable entertainment destinations, celebrated for its vibrant atmosphere,...

Business Africa

Egyptian Fintech Blnk Secures $37 Million to Expand Consumer Lending Across Underserved Markets

Egyptian fintech startup Blnk has secured $37.1 million in fresh funding to accelerate its consumer lending business and expand access to credit among underserved...

Business Africa

Egypt Inaugurates Industrial Complex, Advances Plans for €25–40 Million Railway Wagon Factory

Egypt has inaugurated a major industrial complex as part of its broader strategy to localize manufacturing and strengthen its position as a regional transportation...

Business Africa

China’s Morocco investments turn Africa’s biggest car hub into major EV battleground with Europe

Morocco is rapidly emerging as a critical front in the global electric vehicle race as growing Chinese investment transforms the country into Africa’s largest...

Business Africa

Global fruit demand lifts Tunisia’s exports as produce reaches 23 international markets

Tunisia is benefiting from rising global demand for fresh produce as the country’s fruit exports continue expanding across international markets, generating more than $15...

Business Africa

Egypt slashes oil sector debt from $6.1 billion to $440 million to attract fresh energy investment

Egypt has reduced outstanding payments owed to foreign oil and gas companies from $6.1 billion in mid-2024 to just $440 million, as Cairo moves...

Business Africa

Morocco emerges as key pillar of China’s global green industrial strategy, Stimson Center says

Morocco is becoming an increasingly important part of China’s global green industrial strategy as Beijing looks to strengthen clean energy supply chains, expand renewable...

Business Africa

Morocco surpasses South Africa as Africa’s top industrial economy in AfDB report

Morocco has overtaken South Africa as Africa’s leading industrial economy, according to a new report released by the African Development Bank and reported by...

Business Africa

Egypt strengthens role as regional energy hub through Cyprus gas export partnership

QatarEnergy and ExxonMobil have turned to Egypt to help transport offshore natural gas from Cyprus to European markets, reinforcing Cairo’s growing importance as a...

Business Africa

Moroccan billionaire Anas Sefrioui deepens Africa expansion with new Gabon cement investment

Anas Sefrioui is redirecting millions of dollars in investment from Europe toward Africa as he expands his cement and industrial footprint in Gabon through...

Business Africa

Moroccan billionaire Elalamy expands into Europe’s distressed debt market with Swedish acquisition

Moulay Hafid Elalamy has acquired a majority stake in Arktika Capital AB, marking a strategic move into Europe’s rapidly growing distressed and non-performing loans...

Business Africa