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North Africa

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

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

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

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

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

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

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

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

Mauritania Secures $1 Billion Islamic Trade Finance Deal to Boost Energy Imports and SMEs

The government of Mauritania has secured a $1 billion trade finance agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the...

Egypt’s Net Foreign Assets Hit Record $29.5 Billion in January

Egypt’s net foreign assets rose to a record $29.54 billion in January 2026, underscoring continued improvement in the country’s external position, according to data...
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