PSA-groupe

Tokyo urges Japanese private sector to invest — and beat China — in Africa

Japan, which lags behind other major economies when it comes to investment in Africa, has been increasingly concerned that the pandemic has weakened African economies and worsened their dependence on Chinese investment and aid. US investment in Africa is seven times larger than that of Japan, that of the UK and France is more than […]

King Mohammed VI turns Morocco into Africa’s first tourist destination

Twenty-five years of King Mohammed VI’s rule transformed the country’s economy. The tourism sector, in particular, made major leaps forward turning the country into Africa’s most popular tourist destination and one of the most competitive in the mediterranean region. Building on a centuries-old history, unique architecture, rich traditions, colorful landscapes, world-renowned cuisine, imperial cities, hospitality […]

Equatorial Guinea: President’s son arrested for selling aircraft belonging to national carrier

Ruslan Obiang Nsue, a son of Equatorial Guinea’s President Teodoro Obiang Mbasogo, has been placed under house arrest for the alleged sale of an airplane belonging to the country’s flagship airline Ceiba Intercontinental, reports say. State television (TVGE) Tuesday reported that Obiang Nsue allegedly sold the jet, ATR 72-500, to the company Binter Technic, which […]