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Specifically, the government plans to reduce the consumer subsidy for petroleum products to just 15 billion CFAF in 2025, a reduction of almost 250 billion CFAF compared to 2024. This would reduce the subsidy by more than 90 per cent.

The drug is locally-made by two manufacturers in partnership with international ones, noting that negotiations to introduce the industry lasted for four years. The aim is exporting to African countries and not just fulfilling demand in the Egyptian market.

Apple Pay, mobile payment and digital wallet service by Apple, has officially launched in Egypt, marking a significant advancement in the nation’s digital payment landscape. This service enables users to conduct secure, contactless transactions using Apple devices such as iPhones...

These investments are part of China’s strategy to leverage Morocco’s strategic advantages, including its proximity to European markets, reserves of key battery materials, and the potential to access the African Continental Free Trade Area (AfCFTA).

The program’s objective is to boost the Moroccan economy and increase its resilience to climate change events among other challenges, in order for the country to achieve higher growth levels. The loan will help facilitate reforms in economic and sectoral governance in line with t...

The digital sim card software will be available for purchase at a price of around EGP 270 through four major mobile operators, explained a source from the National Telecom Regulatory Authority (NTRA).

Transport and Logistics Minister Abdessamad Kayouh announced yesterday that Morocco is set to begin constructing a train manufacturing plant aimed at supplying the National Railways Office (ONCF) and boosting exports across Africa. 

This opportunity should also help to strengthen the national economy by creating commercial opportunities for Cameroonian operators. Cameroonian companies will be able to import Indian rice at competitive prices and resell it on the local market, generating income and creating jo...

The Moroccan government is poised to significantly enhance its motorway infrastructure, with an ambitious investment plan set to reach MAD7.74 billion (approximately $735 million) between 2025 and 2027.This initiative was detailed in the report on public establishments and enterp...