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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 […]

Russia invites Tunisia’s top diplomat Nabil Ammar to Moscow to bolster ties

Nabil Ammar, Tunisia’s Foreign Minister, is expected in Moscow on September 26 at the invitation of his Russian counterpart Sergei Lavrov, in a bid to strengthen bilateral cooperation between the two countries, Webdo Tunis reports, citing the Foreign ministry. “The visit will provide an opportunity to support African efforts to bring an end to the […]

EIB Lends Morocco 75 Mln Euro for Water & Sanitation Projects

The European Investment Bank (EIB) has granted Morocco this week a 75 million loan destined to help the North African country carry out projects aimed at increasing the capacity of the water production & distribution and improving sanitation networks. This financing operation backs Morocco’s 2012-2016 national strategy to provide the population with fair access to […]