Egypt, Portugal ink agreement to upgrade health and pharmaceutical sectors

Egypt’s Health Minister Khaled Abdel Ghaffar and his Portuguese counterpart Manuel Pizarro signed Thursday a cooperation protocol to upgrade health and pharmaceutical sectors, Egypt Independent reports. There are no details about the agreement but Ghaffar reportedly indicated that the visit of his Portuguese counterpart and his delegation aims at deepening the partnership and cooperation in […]

KfW supports Morocco’s financial system reform with €165 Mln funding

German Development Bank (KfW) has pledged to provide Morocco €165 million funding to continue reforming its financial system which has shown resilience to external shocks. The KfW financial support includes a €150 million loan and a €15 million grant. Funding agreements were inked Wednesday in Rabat by Economy & Finance Minister Nadia Fettah and Head […]

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 […]