Africa Headlines International

Rise of EV cars, bad news for South Africa’s Platinum production

The rise of electric vehicles and demand for metals used in battery manufacturing caused a decline in demand for South Africa’s platinum, a crucial component in combustion engines. In a detailed report, EVmagazine.com, explains the steep drop in platinum output in South Africa, the world’s leading producer. “Platinum, once commanding more than US$2,000 an ounce, […]

Africa Energy Headlines International

AfDB, World Bank team up to promote electricity access in Africa

The African Development Bank (AfDB) and the World Bank are working together to provide electricity to 300 million Africans by 2030 through renewable energy system. Some 600 million Africans lack access to electricity, creating significant barriers to health care, education, productivity, digital inclusivity, and ultimately job creation, according to the World Bank. The WB said […]

Africa Americas Emerging Markets Headlines International Morocco

King Mohammed VI’s Atlantic Initiative expounded at a ministerial meeting in New York

The Atlantic Initiative launched in 2022 by King Mohammed VI of Morocco was expounded at a ministerial meeting, held in New York Monday, under the chairmanship of US Secretary of State Antony Blinken. During the meeting, held under the theme “Partnership for Atlantic Cooperation,” Moroccan Foreign Minister Nasser Bourita made a presentation on the Royal […]

Americas Business Emerging Markets Headlines International Morocco

Morocco’s ambitious modernization program highlighted in a US think tank analysis

Morocco’s modernization program was highlighted as “ambitious” in an analysis by US think tank Carnegie Endowment for International Peace, which pointed out that the Kingdom has successfully inserted itself into global value chains. “The kingdom’s trajectory in the last quarter century has been characterized by an ambitious modernization program, greater sustainability, and entry into global […]

Americas Headlines International Maghreb Morocco

Brazil adopts Morocco’s full map during G20 presidency

Brazil, which is assuming the annual presidency of the G20, has unveiled a world map that displays the full geographical map of Morocco, including its southern provinces. The map, produced by the Brazilian Institute of Geography and Statistics (IBGE) and presented to President Luiz Inacio Lula da Silva, highlights the member countries of G20 —19 […]

Europe Headlines International Morocco

Two ministers of Moroccan origin in France’s new government

French president Emmanuel Macron unveiled a line-up of a new government of 39 ministers, including two of Moroccan origins. The government, led by prime minister, Michel Barnier, kept Rachida Dati as culture minister, while another minister of Moroccan roots, Othman Nasrou, took the portfolio of citizenship and the fight against discrimination. Dati in particular has […]

Algeria Headlines

One dies in clashes between Algerian security forces and football fans

At least a young man died in violent incidents involving football fans and security forces in Algiers that left scores injured, as the regime tries to quell any protests or unrest that could lead to the rebirth of the pro-democracy Hirak protests. The clashes followed a chaotic organization by Algerian authorities of an African confederation […]

Headlines Tunisia

Tunisia: Proposed amendment to electoral law rejected by UGTT, Ennahda Party, others

Several voices mounted to reject a proposed revision of certain provisions of a 2014 law, which governs elections and referendums in Tunisia. The proposal, put forward by a group of deputies to the General Legislation Commission, was submitted with an urgent request for review. In this vein, the National Bureau of the Tunisian General Labor […]

Emerging Markets Europe Finance Headlines International Morocco

EBRD supports Morocco’s automotive sector with €15 Mln funding

The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Moroccan car equipment supplier, Tuyauto, which produces stamped metal components, exhaust systems, and heat shields. The loan is guaranteed by the EU through the European Fund for Sustainable Development Municipal Infrastructure and Industrial Resilience program to support the company’s environmental […]