African companies prefer trading with non-African countries, ignoring local FTAs

African exports to other continents surpass the continent’s intercontinental trade, the United Nations Conference on Trade and Development (UNCTAD) has found, with Africans preferring import tariffs provided by the United States, European Union, Canada, and Japan (the “Quad nations”). Despite growing calls for increased intraregional trade, companies in Africa are taking advantage of preferential trade […]

Green Finance: Morocco’s OCP Group gets €365 Mln financial support from Italy’s SACE Group

Moroccan state-owned OCP Group and Italian SACE group have agreed to a €365 million green financing facility, the first of its kind under OCP’s Green Finance Framework and the first guaranteed by SACE Push Strategy in Morocco. This strategic partnership reinforces OCP’s commitment to sustainability and innovation in plant nutrition solutions. SACE, Italy’s insurance and […]

Algeria: Local NGOs call on authorities to end repression & rights violations

A group of Algerian human rights organizations and militants have called on the Algerian authorities to put an end to the new wave of cracking down and violations of the constitutional rights to freedom of speech, assembly and association. In their joint statement released lately, they called for the immediate liberation of prisoners of conscience, […]