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Sahel Alliance charts independent economic path with new development bank

Mali, Burkina Faso, and Niger are accelerating economic integration through their Alliance of Sahel States (AES), establishing a Confederal Bank for Investment and Development with 500 billion CFA francs in initial capital as they pursue greater autonomy from traditional West African institutions. The alliance, formed in September 2023 amid growing dissatisfaction with ECOWAS policies, has […]

Namibia, first African country to export red meat to US market

Namibia has become the first African country to export red meat to the United States, following nearly two decades of negotiations. “We’re able to finally export meat to the lucrative and big US market,” Namibia’s minister of international relations, Netumbo Nandi-Ndaitwah, said. The state-owned meat firm Meatco sent a shipment of 25 tons of beef […]

Moroccan car manufacturer Neo Motors opens showroom in Rabat

Moroccan car manufacturer Neo Motors opened its first showroom in Rabat and started delivering vehicles to customers. Neo Motors is the first car maker in the Moroccan capital with factories near Rabat and a price tag starting at 175000 dirhams. Neo Motors plans to open 15 other showrooms across Morocco. Neo Motors’s Rabat factory has […]