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Algeria: Lafarge planning to establish a research laboratory

Lafarge will establish its fourth research laboratory in the world with the three other laboratories located in France, China and India.  The laboratory is to be built in Rouiba and it will be collaborating with the Lyon laboratory in order to create a platform for ongoing research aimed at adapting its building materials products to […]

Saudi Arabia pledges $41 bln investment in Africa over next decade

Saudi Arabia promised $41 billion worth of investments in Sub-Saharan Africa, Saudi finance minister Mohammed bin Abdullah Al-Jadaan said. The investments include a $1 billion development program for Africa, $5 billion for startups from the Saudi Development Fund over the next decade, and $10 billion in financing from the Saudi Export-Import Bank. Additionally, private sector […]

Europe-Africa Relations: Morocco pleads for co-development cooperation

President of the Moroccan Economic, Social and Environmental Council (CESE), Ahmed Réda Chami, called Friday, for an overhaul of the European vision vis-à-vis Africa, based on cooperation that “promotes co-development rather than extractivism.” Economic cooperation models between Europe and Africa should be reconsidered and re-oriented towards inclusive economic policies, promoting fairer trade, Chami said at […]