North Africa

Business Africa

Libya Records Strong Output From New Well as Energy Sector Recovery Gains Momentum

Libya has reported encouraging production results from a newly...

Business Africa

India’s Prestige Denim Invests $20 Million in Egypt as Textile Manufacturing Boom Accelerates

Indian textile manufacturer Prestige Denim Mills will invest $20...

Business Africa

Naguib Sawiris Expands Greek Luxury Tourism Bet With New Mykonos Resort

Egyptian billionaire Naguib Sawiris is deepening his investment in...

Business Africa

Egypt Boosts Sinai Oil Output to Nine-Year High With Eni’s Support as Energy Import Costs Rise

Egypt has increased crude oil production from its Sinai...

Luxury & Lifestyle

Spectacle, Entertainment & Family Adventure — Hollywood Sharm El Sheikh

Located in Sharm El Sheikh, Egypt, Hollywood Sharm El...

Business Africa

Egypt secures $1.5bn ITFC financing deal to strengthen food and energy security

Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation to support the country’s food and energy security programmes...

Business Africa

Nigeria and Morocco push for 2026 agreement on landmark Atlantic gas pipeline

Nigeria and Morocco are targeting a major agreement in 2026 to accelerate development of the proposed Nigeria–Morocco Atlantic gas pipeline, one of Africa’s largest...

Business Africa

Cevital launches $600m sugar beet project as Algeria pushes food security drive

Issad Rebrab’s conglomerate Cevital has launched a $600 million sugar beet project aimed at boosting domestic sugar production and reducing Algeria’s dependence on imports....

Business Africa

Algeria seals $1bn oil agreement as North Africa intensifies energy expansion

Algeria has signed a $1 billion oil agreement as North African producers accelerate efforts to capture a larger share of the global energy market...

Business Africa

Egypt posts 5% preliminary GDP growth in strong start to 2026

Egypt recorded preliminary economic growth of 5% in the first quarter of 2026, signalling continued resilience despite global economic uncertainty and regional trade disruptions....

Business Africa

Stellantis launches Middle East and Africa’s first vehicle dismantling hub in Morocco

Stellantis has opened the first vehicle dismantling and recycling centre in the Middle East and Africa region in Morocco, marking a major step in...

Business Africa

Green Sky Capital secures $500m backing for Egypt SAF plant in aviation fuel push

Qatar-based Green Sky Capital has secured funding for a sustainable aviation fuel (SAF) production facility in Ain Sokhna, Egypt, in a project believed to...

Business Africa

Morocco explores undersea link to Portugal as Africa seeks new trade corridors

Morocco and Portugal are considering a proposed undersea highway tunnel that would directly connect the two countries, offering Africa an alternative trade route amid...

Business Africa