Suez

Egypt, Russia
Cairo poised to adopt alternative Russian payment system to sidestep sanctions

Following the invasion of Ukraine and ensuing sanctions on Moscow, Visa and Mastercard bank cards issued in Russia no longer work outside the country. In order to keep attracting Russian tourists despite this ban, Egyptian banks have decided to take on the former's payment system, Mir.

Palace Intrigues
Emmanuel Macron, Tidjane Thiam, Mohammed VI

Intrigues big and small... Every Tuesday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

France/Cameroon Emmanuel Macron's agenda in Yaoundé

Ivory Coast Ex-banker Tidjane Thiam soon in Abidjan

Morocco/France Mohammed VI and Macron fail to meet

Morocco
Tarik Hamane leaves Masen to lead TotalEnergies' hydrogen plans

The head of development at the Moroccan sustainable energy agency, where he was effectively the second in command, has joined Total Eren, the renewable energies arm of French major TotalEnergies. In his new role he will develop green hydrogen production.

Egypt
Sissi steps up efforts to secure Sinai pipelines, at the heart of EU-Egypt-Israel gas deal

Egyptian gas terminals are a recurring target for an Islamic State branch in Sinai. After the EU signed in June an MoU to receive Israeli gas liquefied in Egypt, confronted with the boycott of Russian gas, the protection of these infrastructures has become a major issue for Cairo.

Africa, Russia
Egypt and CAR send delegations to Saint Petersburg economic forum

Egypt is a guest of honour at the Saint Petersburg International Economic Forum and Cairo has sent many representatives. CAR is also sending a delegation as part of ECCAS.

Tunisia
SCET and Suez clean up in privatisation of wastewater management

Segor, co-owned by the Tunisian engineering firm SCET and the French utility giant Suez, has emerged as the big winner after the state decided to outsource the management of its sanitation facilities.

Morocco
Somagec enlists Israeli desalination champion to bid on mega Casablanca plant

Moroccan port construction leader has contacted Israel's desalination giant IDE Technologies with plans to make a joint bid for the construction of the Casablanca plant, which is projected to cost nearly €1bn.

Morocco
As the drought continues, Israeli water start-ups set to showcase the latest solutions

Six Israeli start-ups specialising in drinking water and irrigation will be presenting their technologies at the end of May in Casablanca in front of ONEE, the Crédit Agricole du Maroc and the private group Lina Holding.

Egypt
Lürssen and navy enter hard negotiations for partnership

The plans for German shipyard Lurssen's set-up in Egypt are becoming clearer. Over the past few weeks the company's boss, Peter Lurssen, has had an increasing number of discussions with Egyptian authorities.

Morocco
Nareva and Suez soon united for Casablanca desalination plant bid

An alliance between Mohammed VI's Nareva and French water specialist the "new Suez" could help the Moroccan electricity producer add 'national water and irrigation leader' to its name.

Egypt
German firms promise to put Egypt ahead in Africa green hydrogen stakes

Egypt, like Mauritania, Morocco, the DRC and South Africa, wants to position itself as a leader in the development of renewable energy on the continent. German companies such as H2-Industries and Siemens are helping it.