France and Morocco Prepare a Historic Friendship Treaty
France and Morocco prepare a first-of-its-kind friendship treaty, Paris's first with a non-European nation, backed by a €10B deal package...
July 16, 2026Section
Northern Africa
Northern Africa – Egypt, Morocco, Algeria, Tunisia and Libya – sits at the crossroads of the Mediterranean, the Sahel and the Gulf, and is central to Europe’s energy and migration calculus. The Rio Times tracks the region’s economies, energy and gas deals, Suez and trade flows, currency and reform moves, and the great-power competition shaping the Maghreb. This hub collects our daily Northern Africa coverage for investors and globally minded readers.
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UN Warns Sudan’s Gum Arabic Trade Is Directly Financing the War
The UN says Sudan’s gum arabic trade, once worth $183 million annually, is now looted and taxed by the RSF...
July 16, 2026
Egypt Locks In a $4.69 Billion Abrams Tank Deal With the US
A $4.69B U.S. Foreign Military Sale will refurbish 555 Egyptian M1A1 Abrams tanks with new thermal sights, engines, and transmissions...
July 16, 2026
Egypt’s Parliament Formalises Powers of Military-Linked Future of Egypt Authority
Egypt’s parliament approved a law on 14 July 2026 granting the Future of Egypt Authority vast powers over food imports,...
July 15, 2026
Morocco’s Dakhla Atlantic Port Anchors Its ‘Atlantic Africa’ Trade Push
Morocco’s $1.6B Dakhla Atlantic port is over 60% complete and set to handle 35M tonnes of cargo annually by 2029,...
July 14, 2026
Egypt’s TMG Plans to Nearly Double Its Hotels to 40
TMG hotels: Talaat Moustafa Group plans 35-40 properties within a decade, up from 20, as first-quarter hotel revenue jumps 21%...
July 14, 2026 Sudan Court Sentences RSF Chief Hemedti to Death in Absentia
Hemedti death sentence: a Port Sudan court convicted the RSF chief and 15 others over the killing of West Darfur's...
July 14, 2026
Egypt Inflation Cools to 12.2%, but Rates Stay at 19%
Egypt inflation eased to 12.2% in June, a third straight decline, but the central bank held rates at 19% as...
July 13, 2026
Egypt’s Builder Hassan Allam Eyes Gulf and Cairo Listings for Its Units
Hassan Allam is weighing Gulf and Cairo listings for real-estate and infrastructure units, opening a funding channel while the parent...
July 13, 2026