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Industry minister Ryad Mezzour expects the production capacity of Morocco’s automotive sector to increase to 1.5 million cars by 2026. “We will hit the 1 million car milestone next year as Stellatis doubles its production capacity,” Mezzour told Medias24 in an interview.

The African Export-Import Bank (Afreximbank) President, Benedict Oramah, stressed that the bank provided financing worth $30 billion over the past five years, including $16 billion for the financial sector, pointing out that these financings strengthened the ability of Egyptian c...

Morocco has been ranked 22nd globally and 2nd in Africa in the 2024 Agility Emerging Markets Logistics Index, an annual survey and ranking of the world’s 50 leading emerging markets. The Index, now in its 15th year, assesses countries for their overall competitiveness based on lo...

Prime Minister, Mostafa Madbouly, in a recent press conference at Alexandria Port, assured the public that the Central Bank of Egypt (CBE) would have the capability to meet future dollar demands. This statement aimed to allay concerns and restore confidence in the Egyptian econom...

Niger military ruler had announced that the initial shipment would take place in January this year but sources told S&P Global Commodity Insights that first oil deliveries will only take place in April.

Minister of Trade and Industry, Ahmed Samir, announced a significant increase in Egyptian merchandise exports during January and February 2024. The exports amounted to $6.12 billion, reflecting a 6 percent increase compared to the same period in 2023.

This pioneering initiative introduces three Visa cards - Opale, Gold, and Infinite - promising customers a plethora of exclusive benefits with each transaction, effectively reshaping the banking landscape.

Morocco's phosphate exports started 2024 on a positive note, with sales rising by 17% in January, reaching over MAD 6.2 billion ($615 million). According to a monthly update from Morocco’s Office d’Echange (OE), the increase in phosphate exports was mainly due to the rise in sale...

After about a three-minute wait at Papalanto, we arrived Wole Soyinka Station (Abeokuta) at 9.35am (a five-minute wait); Ladoke Akintola (Omi- Adio) at 10.20am (waited for only three minutes).