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China’s Growing Investment in Morocco Sparks EU’s Concerns

Morocco has brushed off the EU manufacturers fear that the billions of dollars of Chinese investment injected in the Kingdom could turn the country into a highly competitive industrial and export powerhouse. Moroccan officials reject suggestions that their special economic zones will be used by China to export its excess production to the EU, deepening […]

Egypt to Issue more Eurobonds by November

Egypt plans to issue a new $1.8 billion bond by the end of November and a new $10 billion Eurobond program next year, Finance Minister Amr El Garhy said on Monday. According to the official, the finance ministry would determine the currency of its next Eurobond issuance within two weeks. “The issue will be in […]

US ramps up efforts to access Africa’s critical minerals to counter China’s dominance

Africa will play a “huge role” in America’s critical mineral strategy, says US Deputy Treasury Secretary Wally Adeyemo who used his five-day trip to South Africa to express his country’s ambitions of securing metals needed for the global energy transition. Africa’s natural richness, which includes many so-called critical minerals, such as chromium, cobalt, copper, gold, […]