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Alstom wins €150M rail signaling deal in Morocco
Project upgrades Kenitra-Settat high-speed line under 2040 Rail Plan
Aims to boost rail access, cut emissions, spur growth
French multinational Alstom announced, Sept. 25, it secured a contract for railway signaling and safety equipment in Morocco with a consortium that includes Ineo Rail and IneoIum. The project, valued at...
In September, Togo earned one of the aviation industry's most prestigious honors: the ICAO (International Civil Aviation Organization) Certificate of Recognition. This places the country in the very exclusive group of nations that demonstrate over 90% compliance with international aviation safety and security standards.
Between February 25 and March 6, 2025, the International Civil Aviation...
The development of the market economy in Africa is challenged by a persistent reliance on state dirigisme (economic interventionism). Only a small number of nations, most notably the Republic of Mauritius and the Seychelles, have embraced libertarian principles successfully.
Mauritius remains Africa's most "economically free" country, according to the "Economic Freedom of the World 2025" report...
The EU pledged €359.4m to build Côte d’Ivoire’s 400-kV Dorsale Est line, boosting capacity and regional power trade.
The project is central to Côte d’Ivoire’s €4.5b energy pact, targeting universal electrification and renewable integration by 2030.
It forms part of the EU’s wider Global Gateway, which funds clean energy projects from Cameroon to Somalia.
On 27...
The UN's FAO ranks food as the third most fundamental human need, following air and water. Despite this universal requirement, financial constraints vary sharply. The key takeaway: the poorest households must spend a larger percentage of their earnings on food compared to the rich. Why is this the case?
The link between income and food spending, formalized in the 19th century by German...
As the world's third-largest gold producer, AngloGold Ashanti boasts a diversified portfolio of assets, featuring numerous African mines. One key operation is Siguiri in Guinea, a site with a rich history that AngloGold Ashanti has been successfully operating for almost 27 years.
In 1996, Ashanti Goldfields, now AngloGold Ashanti, made a strategic move, paying approximately $290 million to...
Union strike disrupts Dangote refinery’s crude supply, and the company fear fuel output.
Dangote rejects union claims of mass layoffs amid escalating dispute.
FX relief from naira-for-crude scheme at risk as shutdown intensifies.
A nationwide shutdown order issued on 27 September 2025 by the Petroleum and Natural Gas Senior Staff Association of Nigeria has raised fresh uncertainty over...
Egypt’s dietary supplement exports hit $350 million YTD 2025, up 75% since 2022; reaching the government’s $1 billion target by 2030 requires ~25% annual growth.
Expansion into Europe and the CIS faces regulatory and geopolitical hurdles, while Sub-Saharan Africa offers faster growth thanks to Egypt’s cost advantage and certification “passporting.”
Cairo’s edge lies in...
Nigeria reviews COMAC’s C919, a potential challenger to Boeing and Airbus in Africa’s largest domestic market.
The jet offers lower lease costs, but faces hurdles in reliability, maintenance, and Western regulatory acceptance.
For now, the C919 is more bargaining chip than fleet game-changer, giving airlines leverage in lease negotiations.
Nigeria’s civil aviation authority is...
Cape Town fintech Loop applied to the Bank of Algeria for a payment-processor licence, confirmed on 24 September.
The filing is the first from a South African fintech since Algeria issued Instruction 06-2025 on digital finance in August.
Approval is pending; Loop must meet capital and compliance rules before any pilot can launch, with a decision due around December.
Cape Town payments...