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Driven by rapid urbanization, increasing infrastructure development projects, and rising construction activity, Africa's cement market is surging. The boom is also resetting the continent's cement production landscape with the entry of…

Sweden's SKF (SKFb.ST) is investing 50 million crowns ($4.9 million) in a magnetic bearings factory in Tangier in Morocco, the company said on Monday. "The new site will ramp up operations during the second quarter and once fully…

Algeria's state-owned oil and gas group Sonatrach has announced intentions to invest $40 billion between 2022 and 2026 in oil exploration, production and refining, and gas exploration and extraction, CEO Toufik Hakkar said. "Our…