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 […]
Tunisian Tourism authorities have announced injection of around 24 billion euros in 2016 to boost the tourism industry which has been seriously hit by two major terrorist attacks leading to an acute slump in the number of international arrivals, reports say. Abdellatif Hmam, Head of the Tunisian Tourism Authority made the announcement on Saturday during […]
The United Arab Emirates (UAE) has solidified its position as Zimbabwe’s most important partner, surpassing China with a strategic $1.4 billion investment in real estate, gold trading, and other sectors. This partnership, which began gaining momentum in 2022, marks a shift in global economic alliances as Zimbabwe continues to struggle with Western sanctions and a […]
