Four global and local alliances have submitted their financial and technical bids to the Egyptian National Railways (ENR) for a $285 million renovation project of the 69-kilometer Al-Rubiki-10th of Ramadan-Belbeis railway line, three unnamed government sources told Asharq Business. The first alliance includes France’s Alstom, Concrete Plus, and Egypt’s RowadContinue Reading

Water is an essential resource for populations. In the Haute Matsiatra and Amoron’i Mania regions of central Madagascar, managing water presents significant challenges. Conflicts over water use frequently arise among residents sharing the same watersheds. In response, GRET and Agrisud International have joined forces to promote equitable water management throughContinue Reading

Trident Energy CEO Jean-Michel Jacoulot is set to address the Invest in African Energy (IAE) 2024 forum in Paris next week, highlighting the company’s expansion efforts in Africa. Trident Energy, a leading independent in the industry, is broadening its portfolio by focusing on operating and revitalizing mid-life oil and gasContinue Reading

Craig Brewer, managing director: co-head origination, investment banking Absa CIB, explains why major international players are making moves into Africa As the race for valuable commodities intensifies, it is increasingly evident that geopolitical competition will catalyse a wave of Mergers and Acquisitions (M&A), reshaping the landscape of Africa’s resource-rich industries.Continue Reading