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Role of Royal Atlantic Initiative in Sahel countries’ development highlighted at UN Conference on Landlocked Developing Countries

The Royal Atlantic Initiative enabling landlocked Sahel countries to have access to the Ocean strengthens South-South and triangular development projects that effectively contribute to improving the lives of beneficiaries and enhancing their development capacities. The remarks were made by Omar Hilale, Morocco’s permanent representative to the UN and President of the 22nd session of the […]

Bombardier, Spirit reach new aerostructures deal for Belfast, Casablanca Facilities

Bombardier announced this week it has reached amended definitive agreement to sell its aerostructures business in Casablanca, Belfast, and Dallas to Spirit AeroSystems Holding Inc. of Wichita, Kansas. The initial purchase agreement between the two companies was announced in October 2019 for a cash consideration of $500 million, plus the assumption of liabilities with a […]

AfCFTA at Five: Africa’s free trade dream faces reality check

The African Continental Free Trade Area (AfCFTA) marks its fifth anniversary amid growing concerns about its implementation pace and effectiveness. Despite ambitious goals to create a unified market of 1.3 billion people and generate $450 billion in additional revenue by 2035, the agreement faces substantial obstacles in translating vision into reality. Infrastructure deficiencies pose a […]