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Economy & Business
Madagascar Reopens Mining Permits as It Bets on a Younger, Growth‑Driven Economy
Madagascar has taken a decisive step to reset its mining sector, lifting a 16‑year moratorium on new mining permits for most minerals while keeping restrictions on gold firmly in place. The move signals a calculated push to unlock…
Mozambique Enters Global Battery Supply Chain as President Chapo Opens Major Graphite Processing…
Mozambique has taken a decisive step up the global industrial value chain with the commissioning of a large-scale graphite processing facility, signaling a shift from raw mineral exports to higher-value industrial production.
President …
Libya’s Ministry of Economy Activates Integrated Digital System to Tighten Market Oversight
Libya’s Ministry of Economy and Trade has activated a new integrated digital system aimed at strengthening governance, improving oversight of commercial activity, and restoring discipline to the national market.
The move was approved by…
Libya’s NOC and Hungary’s MOL Group Sign Strategic MoU to Expand Energy Cooperation
The National Oil Corporation (NOC) has signed a strategic memorandum of understanding with MOL Group, marking another step in Libya’s efforts to deepen international partnerships and strengthen its oil and gas sector.
The agreement was…
Saudi Arabia’s $400 Billion Investment Surge Signals New Era for Africa–Gulf Economic Partnership
As Africa accelerates its search for sustainable growth, industrialization, and global relevance, a powerful shift is taking place far beyond the continent’s borders — one that could reshape Africa’s economic future.
Saudi Arabia has…
Libya Signs Landmark $20 Billion Energy Deal With TotalEnergies and ConocoPhillips
Libya has taken a major step toward reshaping its energy future after signing a 25‑year oil and gas agreement with French energy giant TotalEnergies and US-based ConocoPhillips, securing more than $20 billion in foreign investment.
The…
Egypt and the US: Inside Cairo’s Diplomatic Push for Stability Across the Region
In a moment of renewed diplomatic engagement, Egypt has reinforced its strategic partnership with the United States through high-level talks in Cairo focused on some of the most critical geopolitical challenges facing the Middle East and…
Saudi Arabia’s Zahid Group Takes Over 123-Year-Old South African Giant Barloworld in Landmark $1.3…
In one of the most significant Middle East–Africa corporate takeovers in recent years, Saudi Arabia’s Zahid Group has officially completed the acquisition of South African industrial heavyweight Barloworld, sealing a deal worth R23 billion…
Saudi Arabia Opens New Gold Market in Africa, Challenging Dubai’s Longstanding Dominance
Saudi Arabia has taken a decisive step into Africa’s resource economy, announcing plans to begin direct purchases of gold from Sudan — a move that could reshape bullion trade across East and Central Africa and weaken Dubai’s historic grip…
Libya and Saudi Arabia Move to Deepen Energy Partnership
Libya and Saudi Arabia have taken fresh steps toward strengthening their energy relationship, following talks between Libya’s Minister of Oil and Gas, Khalifa Abdulsadek, and Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, in…