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The company said in June that the move will allow it to concentrate on its expanding operations in Morocco, particularly following its recent farm-in to the Anchois field.

Egypt's agricultural exports of vegetables and fruits, during the 6-month period from September 2023 to February 2024, showed that Egypt succeeded in exporting 1.143 million tons of citrus fruits with a financial value of $576 million, representing 40% of the amount of Egyptian e...

Two years after the signing of the founding protocol, the African Energy Bank officially opened its doors on June 4 and slated the operational launch for July. This supranational bank will focus on financing oil and gas projects in Africa, with a view to bridging the financing ga...

Executives from Huawei’s North Africa division engaged in insightful roundtable conversations with journalists, shedding light on the challenges and opportunities of digitalization on the continent on the sidelines of the recent GITEX Africa 2024 conference held in Marrakech, Mor...

The volume of trade exchange between Egypt and China reached $13.9 billion in 2023, compared to $16.6 billion in 2022, according to Central Agency for Public Mobilization and Statistics (CAPMAS).

Temu, which launched in the North African kingdom earlier this year, offers a vast array of deeply discounted products ranging from clothing and cosmetics to home goods and gadgets.

Coffee Value Chain expert Henry Kinyua blamed low price in the coffee market on lack of quality grades. Kinyua said there is a reduced supply of the top grades at the auction, thus reflecting the low prices for the commodity.

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...