Egypt’s Nassef Sawiris Bids to Take OCI Global Private
Nassef Sawiris offers €4.10/share in cash to buy OCI Global's remaining 41.72% stake, valuing the chemicals group at €867M with...
June 30, 2026Northern 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.
Nassef Sawiris offers €4.10/share in cash to buy OCI Global's remaining 41.72% stake, valuing the chemicals group at €867M with...
June 30, 2026
Africa Intelligence Brief for Monday: power was tested across the continent — Burkina Faso severed diplomatic ties with France, Senegal's...
June 29, 2026
Morocco car industry now tops Africa with over 1 million vehicles yearly. Chinese firms pledge $700M in battery plants, with...
June 29, 2026
African gas exports are surging as the EU bans Russian LNG by 2026. Algeria, Mozambique and Senegal target a gap...
June 29, 2026
Morocco earmarks US$23B for 2030 World Cup projects, including a 115,000-seat stadium near Casablanca and a target of 26M visitors...
June 28, 2026
Ethiopia plans 3 new Blue Nile dams—Karadobi, Mandaya, Beko Abo—adding 5,700 MW at $10.5B total, deepening Egypt's existential water crisis...
June 27, 2026
Africa Intelligence Brief for Friday: the continent drew lines at its own edges — South Africa hosted the world's oldest...
June 26, 2026
Sudan banknotes now run as two rival systems—army-issued 1,000-pound notes vs RSF old currency—deepening a de facto split hitting 30M+...
June 26, 2026
WAFCON 2026 kicks off in Morocco on July 25 with 16 teams; the Women's Africa Cup of Nations doubles as...
June 26, 2026