North Africa emerged as the primary driver of investment growth across the continent, with Morocco playing a key role alongside Tunisia, which saw a 21% increase in FDI to $936 million, and Egypt, which also experienced strong growth.
The Casablanca-Settat region is implementing approximately 30 desalination stations as part of comprehensive measures addressing water stress and declining rainfalls in recent years, with 17 of 28 planned modular seawater desalination units already operational
At the Development Finance to Foster Private Sector-Led Growth & Jobs conference, the Egyptian government inked six major agreements with international development partners and private sector players, reinforcing its commitment to sustainable energy and economic growth.
More than 40 per cent of the world’s electricity was generated without burning fossil fuels in 2024, according to new research by the think-tank, Ember.
Chinese manufacturers and social media influencers are dismantling the vain facade of Western luxury brands, while Trump's rash tariff wars reveal cracks in Western economic strategy.
Prime Minister, Mostafa Madbouly, visited a 650-megawatt wind power plant in Ras Ghareb, as part of his tour of renewable energy projects in the Red Sea Governorate. The inspection reflects Egypt’s ongoing efforts to strengthen its renewable energy infrastructure and transition toward a more sustainable and diversified energy mix.
The Moroccan port won two places after it handled 10.24 million TEU containers in 2024, compared to 8.61 million the previous year. Tanger Med Port, at the gate of the Gibraltar Strait, outperformed all Mediterranean and African peers.
The Chamber of Food Industries has reported that Egypt’s food sector exports surpassed $10 billion in 2024, marking a 21 percent year-over-year increase, according to Chairperson Ashraf El Gazayerli at the Chamber’s 2024 General Assembly meeting, where he discussed the sector’s international market performance.
Egypt’s favorable trade agreements with both the US and Europe also allow for goods manufactured there to bypass the tariffs that have been imposed on Chinese exports. These make Egypt an increasingly attractive alternative for Chinese companies looking to sustain their access to these crucial markets.