Poor transport Infrastructure in Africa hinders trade growth — World Bank report

High transport costs across Africa continue to hinder regional integration on the continent since large-scale transport infrastructure investments require huge investments, according to a recent World Bank report titled ‘How Does Infrastructure Support International Trade?’ The World Bank report argues that global trade has contributed to economic growth and poverty reduction in the past three […]

Egypt: Germany approved 13 military deals with Egypt since January

Germany sealed 13 military export contracts with Egypt worth €800 million between January 1 and June 5, making the North African country the leading client for German military equipment in the Arab world. Germany, according to DPA which cites the German economic affairs ministry, so far this year has approved 56 military deals to the […]

Morocco Offers Gateway to Russian Investments in Africa

Morocco’s increasing diplomatic and economic clout in Africa enables it to offer a gateway for Russian business wishing to invest on the continent. The visit by Morocco’s foreign Minister to Moscow is part of a Moroccan endeavor to strengthen its role as a platform for Russian investments towards Africa. “His Majesty King Mohammed VI is […]