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East Africa’s planned railway gets boost as four EAC states join the Kenya-Uganda project

Four East African Community (EAC) member states — Rwanda, Burundi, Democratic Republic of Congo (DRC) and South Sudan — have joined the joint project by Kenya and Uganda to develop a modern railway to ease movement of goods on the Northern Corridor. The decision was made during a meeting of the Joint Ministerial Committee on […]

Morocco, China Teem up to Build $10 bln Industrial Hub Near Tangiers

Set to diversify its global economic partners, Morocco partnered with China to build the Mohammed VI Tangiers Tech city as part of efforts to boost industrialization in the country. King Mohammed VI chaired a ceremony to sign the financing agreement of the $10 billion project which will be funded by Chinese group HAITE (002023.SZ), BMCE’s […]

Turkey: AKP to cruise to power with single-party government

Erdogan-backed Justice and Development Party (AKP) stunned Turkish political circles as it secured Sunday a parliamentary majority in the November 1 election after it lost outright victory in the June 7 polls. AKP succeeded in clinching nearly 49 per cent of the total votes and thus secured more than 300 seats in the 550-seat Turkish […]