Libya Reopens Banking Channel With Commerzbank
After more than a decade, Commerzbank is set to rejoin the Central Bank of Libya's approved correspondent network. The CBL says the move is intended to ease trade and international transfers, especially with the EU.
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Hangyu Shifts $117.36 Million Forging Plan to Morocco
Hangyu Technology is moving its planned forging project from Slovakia to Mohammed VI Tangier Tech City after administrative checks delayed Slovak approvals by about eight months.
Algeria Opens Seven Onshore Blocks to Investors
ALNAFT is offering seven onshore blocks across five Algerian basins, covering about 49,000 km². Bids are due January 25, 2027, and around 60 companies have expressed interest.
Tunisia sets 10-million-ton phosphate goal
Tunisia wants to raise annual phosphate production to 10 million tons and process 60% to 70% into higher-value products. CPG produced about 3.9 million tons in 2025, while major investment and infrastructure needs remain.
