Mauritania
AfDB grants $30 million facility to Mauritania’s GBM
The African Development Bank Group has approved a $30 million trade finance facility for the Générale de Banque de Mauritanie
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Egypt
Egypt in talks to buy LNG cargoes
Egypt is negotiating with energy firms and traders to purchase 40-60 liquefied natural gas (LNG) cargoes ahead of peak summer
Morocco
Morocco's inflation slows in April
Morocco’s annual inflation eased to 0.7% in April from 1.6% in March, driven by lower food and
Egypt
EGYPT BACKS DEEPER NATO TIES, URGES COOPERATION IN AFRICA
Egypt is seeking to deepen its partnership with NATO, particularly through counterterrorism efforts in Africa, Egyptian Foreign Minister Badr Abdelatty
Sahel
Weapons looted from armies fuel jihadist gains in Sahel
Salafi jihadist groups in the Sahel are arming themselves with weapons captured from national militaries, intensifying regional instability, according to
Morocco
Portugal considers Morocco power link
Portugal is asking the European Commission to push France for better electricity links to the Iberian Peninsula following last month&
Algeria
Algeria reshuffles leadership of intelligence services
Algeria is overhauling its intelligence services in response to mounting failures and diplomatic setbacks, particularly with France and the Sahel,
Morocco
Israel fires on diplomats – including Moroccan ambassador
Several countries have condemned the recent Israeli military's actions after troops fired warning shots near a diplomatic delegation
Mauritania
AfDB approves $18 million support for Mauritania
The AfDB has approved financing of over $18 million for Mauritania to launch the "3R-Water" project, a way
Egypt
Egypt set to lower interest rates – again
Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on
Morocco
Morocco’s new EV battery gigafactory
Gotion Power Morocco, part of the Sino-European electric vehicle (EV) battery manufacturer Gotion High Tech, is expected to start construction
Egypt
Expert: Egypt distances itself from Israeli energy amid tensions
Egypt shifted from being a liquefied natural gas (LNG) exporter to an importer in 2024, driven by growing domestic demand,
Libya
LIBYA RISKS ENERGY CRISIS AMID $1 BILLION IN UNPAID FUEL DEBTS
Libya has accumulated around $1 billion in unpaid dues to its fuel suppliers after ending a controversial oil barter system