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North Africa

Rwanda: Egyptian Envoy Tips Local Exporters

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The business community should take advantage of the good trade relations between Rwanda and Egypt to create useful linkages and partnerships to expand market for locally-made products. According to Mazen Gaber Mousa, the deputy chief of mission at the Egyptian embassy in Kigali, such partnerships could help build capacity of local industrialists and boost the country’s export sector. He also ...

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Rwanda/Morocco: Rwanda, Morocco Sign New Deal On Infrastructure Development

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Rwanda Football Federation (Ferwafa) has signed a new agreement with the Federation Royal Marocaine de Football (FRMF) aimed at improving football infrastructure in the country. In a statement released on Saturday, Ferwafa president Vincent Nzamwita confirmed the development on the conclusion of a seven-day visit to Morocco on the invitation of his counterpart, Fouzi Lekjaa. The two sides discussed the ...

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Rwanda: Parliamentarians Review Rwanda, Morocco Double Taxation Bill

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Parliament’s Standing Committee on Foreign Affairs, Cooperation and Security yesterday met with a team from Rwanda Revenue Authority and the Ministry of Finance to discuss the Bill concerning the agreement on tax avoidance signed between Rwanda and Morocco. The agreement on the avoidance of double taxation and tax evasion regarding income taxes between the two countries was signed in October ...

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Egypt:IMF team in Cairo to review second instalment of $12-billion loan

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An International Monetary Fund (IMF) delegation will arrive in Cairo on Sunday to review Egypt’s progress on economic reforms before it disburses the second instalment of a $12-billion loan programme, the Finance Ministry said. The IMF delegation will stay until May 11 and meet with officials from the ministry and the central bank, the ministry said in a statement. Egypt ...

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Algeria:GE Power’s $3 bln deal creates hundreds of jobs

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GE Power, a division of General Electric Co, has signed a services deal with Algerian utility Sonelgaz SPE valued at more than $3 billion, the largest services agreement ever for GE Power and one that creates hundreds of jobs in Algeria, GE said on Monday. Under the 20-year contract with the subsidiary of Sonelgaz, GE will train more than 1,000 ...

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Algeria: Four homemade mines, explosives discovered Sunday in Tizi Ouzou

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Four homemade mines and explosives were discovered Sunday in Tizi Ouzou by units of the People’s National Army (ANP) following a combing and search operation, announced Sunday the National Defence Ministry in a communiqué. “As part of counterterrorism and following a combing and search operation, an Army detachment under the operational area of Tizi Ouzou (1st Military Region) discovered on ...

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Rwanda: Local Firms Look to Morocco for New Markets and Business Partnerships

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Fifty local private sector members will next month head to Casablanca in Morocco to explore trade and investment opportunities in the north African country. Geoffrey Kamanzi, the Private Sector Federation (PSF) director for trade facilitation and negotiations, said business leaders from the energy, finance, transport and logistics, information and communication technology, construction and real estate sectors, among others, will make ...

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Uganda: Egypt Extends Shs95 Billion to Control Kasese Floods

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The Egyptian government has invested Shs95b in a project aimed at mitigating floods in Kasese District. The five-month project of protection works for flood mitigation in the district is funded by the Egyptian government under the Ministry of Water Resources and Irrigation. Construction works will commence with River Nyamwamba and spread to other rivers in the district. “The contract was ...

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Morocco: Rwanda Eyes Over U.S.$100 Million Investments From Morocco

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Rwanda is expecting more than $100 million in investments from Morocco. Acting head of investment promotion at the Rwanda Development Board (RDB) Winifred Ngangure Kabega said at a press conference Monday that the money would be invested in different sectors of the economy including tourism, energy, and infrastructure. Kigali hosted more than 100 Moroccan investors and government officials Monday in ...

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North Africa:169 Gambians Repatriated From Libya

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International Organization for Migration (IOM), in partnership with the Ministry of Foreign Affairs, International Cooperation and Gambians Aboard and the Ministry of Interior, has repatriated 169 Gambians from Libya. This is the second batch of returnees following the repatriation of 140 Gambians sometime last month. The deputy permanent secretary at the Ministry of Foreign Affairs, Ebrima Jobe, said consultations for ...

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Ghana Business News