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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...
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Business Africa
Libya targets Ras Lanuf refinery restart within one year, NOC says
Libya is aiming to restart operations at the Ras Lanuf oil refinery within the next year as the country moves to revive critical energy...
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
Morocco eyes export boost as U.S. weighs lifting phosphate fertilizer duties
Image Credit: news.asu.edu
Business Africa
BNP Paribas to sell majority stake in Morocco’s BMCI to Holmarcom in strategic exit
Image Credit: www.wsj.com
Business Africa
Libya signs preliminary deal with Chevron to explore shale oil and gas potential
Image Credit: reuters.com
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