Morocco, China’s Sunrise Group seal $230 million investment deal

Morocco and China’s Sunrise Group, a global leader in the textile industry, have signed a deal under which the Chinese group will invest $230 million. to bolster its textile sector, in a deal aimed at strengthening the Kingdom’s role in global supply chains. The deal, signed in Rabat this Thursday, aims to strengthen Morocco’s textile […]

Gabon launches 3rd airline to fly oil & gas companies’ staff

Gabon’s civil aviation, ANAC, has issued an operation permit to Gabon Aero Solutions, a private airline using helicopters, to transport personnel of oil and gas companies operating in the central African country. Christophe Lacombe, a helicopter pilot, is the project director. Based in capital Libreville, the company is launched with private capital gathered from Gabonese […]

EU’s CBAM policy projected to hit some African countries very hard — experts

The European Union’s landmark Carbon Border Adjustment mechanism (CBAM) will push producers to decarbonize, yet make it harder to do so, because it is a poorly designed policy that can end up doing more harm than good, according to a latest study published by ‘African Arguments’ that also suggests that the CBAM policy could cut […]