Aliko-Dangote

High cost of imported fertilizers is adding to food crisis in Africa

Global fertilizer suppliers have benefited from high fertilizer prices in 2022-23 but, by and large, they have undermined production, contributed to high food prices, and exacerbated food insecurity, according to experts. Global fertilizer suppliers made incredibly high profits in 2022/23 on the back of price spikes attributed to the Russia-Ukraine war, as the profits of […]

STELLANTIS DOUBLES DOWN ON MOROCCO WITH 1.2 BILLION EURO KENITRA EXPANSION

Automotive giant Stellantis has inaugurated a major expansion of its Kenitra manufacturing facility, investing 1.2 billion euros to double production capacity and achieve 75 percent local integration by 2030, reinforcing Morocco’s position as Africa’s leading automotive hub. Prime Minister Aziz Akhannouch, who officiated the July 16 ceremony, emphasized that the project embodies Morocco’s New Investment […]

Egypt takes over from Morocco co-presidency of Global Counterterrorism Forum, triggers criticism

Egypt took over from Morocco the co-presidency of the Global Counterterrorism Forum (GCTF). The Arab country will co-chair the forum with the European Union, GCTF said Thursday during a ceremony held in the Egyptian capital, Cairo. “We are honored to be hosting the first GCTF Coordinating Committee meeting, co-chaired with the European Union, in which […]