King Mohammed VI

Germany boosts aid for African deals to woo allies, counter China’s charm offensive

Germany is set to increase its state guarantees for business investments in African countries, a move widely interpreted as being aimed at diversifying trade relations and to make it more independent from China. In September, China removed tariffs on 98% of agricultural and mineral imports from nine of Africa’s poorest countries. The decision follows Chinese […]

South African retailers source local clothes, reducing reliance on Chinese imports

With more than half of the textiles sold by South African retailers are imported from abroad, out of which nearly 60% of those imports come from China, local retailers are signing on to a master plan by the government to support local businesses in an effort to bolster the country’s clothing and textile sector. As […]

Mauritania Moves to Reduce Dependency on Tasiast Gold Mine as Artisanal Mining Gains Ground

Efforts by Mauritania to reduce its reliance on the Tasiast gold mine are expected to take time, given that mining development cycles—from exploration to production—typically span several years or even more than a decade. In the interim, attention is turning to artisanal and small-scale mining (ASM) as a key support pillar for output. The sector […]