Keywords: Industry
South African citrus producers have raised concerns over potential fuel shortages as the country prepares for its key export season starting in April. Industry representatives report isolated cases of diesel scarcity, which could disrupt harvesting and transportation operations. Although authorities......
Morocco continues to maintain its position in the European apparel market despite a challenging economic environment. Faced with slowing consumer demand and intensifying competition from Asian producers, the country’s textile sector has demonstrated resilience while undergoing structural changes. Moroccan......
Africa Feed & Food has announced the signing of an investment agreement with RNAF III, a North African fund managed by RMBV, and Proparco, the private sector arm of the Agence Française de Développement. The deal involves a joint minority stake acquisition worth 850 million dirhams......
Geely Auto Group, the Chinese automaker, announced plans to double the number of vehicle projects managed by its European technology hub by next year. The move is part of a broader strategy to strengthen its presence in Europe and accelerate vehicle launches across the Zeekr, Lynk & Co, and Geely......
German consumer goods giant Henkel has reached an agreement to acquire hair care brand Olaplex in a deal valued at approximately $1.4 billion, marking a significant move in the global beauty industry. The acquisition reflects Henkel’s strategy to strengthen its position in the premium hair care......
China Eastern Airlines announced on Wednesday that it has signed a contract with Airbus to purchase 101 A320NEO aircraft, according to a filing with the Shanghai Stock Exchange. The total list price for the order is approximately $15.8 billion. The aircraft are scheduled to be delivered in batches between......
British hedge fund manager Crispin Odey has appeared before a tribunal to contest a proposed ban that would prevent him from working in the financial sector. The case follows regulatory action by the Financial Conduct Authority over concerns related to professional conduct and internal governance. Odey,......
More than 1,000 employees of Dutch chip equipment manufacturer ASML participated in a lunchtime walkout at the company’s headquarters in Veldhoven on Tuesday. The protest was organized in response to plans to cut 1,700 jobs, representing 3.8% of the workforce, as part of a broader reorganization. Union......
Kenya Airways has reported a pre-tax loss of approximately $138 million for the year 2025, marking a significant downturn after returning to profitability the previous year. The airline indicated that declining revenues played a major role in the negative results. Total income dropped notably compared......
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