salame-unsc-16nov

EV Batteries: China’s Hailiang to build $288 Mln Copper Plant in Morocco

Chinese company Zhejiang Hailiang has announced plans to invest $288 million in a Moroccan facility to produce copper foil for lithium batteries to power electric vehicles. According to press reports, citing the Company’s filing to the Shenzhen Stock Exchange, the new Moroccan base will enable the Chinese producer of copper tubes and rods to meet […]

East Africans’ real income to rise under AfCFTA — World Bank

East Africa is set to benefit from swift implementation of the African Continental Free Trade Area (AfCFTA), according to the World Bank, and this will be accomplished particularly by lowering trade expenses related to trade facilitation, as well as decreasing the costs of non-tariff policies and non-tariff obstacles. The AfCFTA has been well-designed to strengthen […]

Algeria wants a so-called “United Maghreb” without Morocco

After destroying the initial five-state Maghreb Union, Algeria has brought together cash-strapped Tunisia and war-torn Libya in a bid to create a new regional union. Mauritania has faced pressure to join the threesome of authoritarian regimes facing bleak economic and social stability prospects. As it continues to pedal towards autocracy, Tunisia under President Kais Saied […]