The European Bank for Reconstruction and Development (EBRD) supports Morocco’s automotive industry with a €15 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The EBRD’s financing will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant […]
China’s Foreign Minister Wang Yi has kicked off his inaugural trip of 2024 that takes him to four countries around Africa, focusing on diplomacy, economics, and security issues on the continent. During his first stop in Cairo, the top Chinese diplomat called for a ceasefire in Gaza and the start of the implementation of the […]
Ahead of the COP27 in Egypt, Namibian and European Union officials say they have reached an agreement for Namibia to export rare earth materials to the EU, as Namibia’s total exports to the EU market have soared by 50%. The EU is interested in developing the mining of minerals like lithium, cobalt and graphite, which […]
