Algerian former PM

Trump’s Africa pivot: trade over aid as U.S. unveils commercial diplomacy strategy

The Trump administration has launched a bold new strategy to reshape U.S.-Africa relations, shifting focus from aid to aggressive commercial engagement. Announced in Abidjan on 14 May, the U.S. Commercial Diplomacy Strategy repositions diplomacy to prioritize trade, private investment, and strategic deal-making, aiming to counter China’s dominant economic presence across the continent. “From Washington we […]

Major Job cuts to save UBS

Lately many European banks have been suffering because of the slow European economy. UBS, one of the major Swiss bank wishes to prevent dilapidating profits by diminishing operations that have been jugged risky. Thus deciding to mainly exploit its wealth management group. This bank that is based in Zurich was forced to put in place […]

Canada’s Shimco to set up plant in Morocco’s aerospace industry hub

Canada’s Shimco, a manufacturer serving the global aerospace supply chain, said it plans to have a plant in Morocco. A deal was signed to that end with Morocco’s industrial hub Midparc to join a constellation of global aeronautical suppliers in Nouacauer industrial zone in Casablanca. Speaking at the signing ceremony, attended by Moroccan industry minister, […]