Asia Business Europe International

Italian government lifts restrictions on export of military weapons to Saudi Arabia

The Italian government on Wednesday lifted restrictions on the export of military weapons to Saudi Arabia, ending an embargo which began in 2019, Arab news outlet reported. The move was announced in a statement at the end of a Council of Ministers presided over by Prime Minister Giorgia Meloni. The decision was made “in accordance […]

Algeria Headlines Maghreb

Tindouf Camps boiling, anger against Polisario intensifying

Anger continues to build up in the Tindouf camps which are rocked by growing demonstrations making Polisario leaders uncomfortable and responding with more repression and arrests of protesters including women. Demonstrators have set fire to cars belonging to the separatist front, while another group burnt a pharmacy belonging to the son of the so-called interior […]

Business Emerging Markets Europe Headlines International Morocco

Harbor Breakwaters: Casablanca & Dakhla Ports will use OHLA’s Cubipods

The innovative cubipods designed & engineered by the Spanish construction company OHLA will be used in the Moroccan ports of Casablanca and Dakhla. In a press release issued Wednesday, OHLA said it signed contracts for the use of its cubipods in two Moroccan ports. Cubipod is a precast element made of mass concrete used to […]

Asia Features Headlines International Lifestyle Morocco Technology

EV Battery: Morocco to Host Africa’s 1st Gigafactory, Attracting over $ 6.5 Bln Investment

Gotion High-Tech, a Chinese electric vehicle battery giant, will inject over $ 6.5 billion in a gigafactory in Morocco. It will be the first in Africa, creating more than 25 000 jobs and strengthening the country’s leading position in the automotive industry. The announcement of this EV battery industrial eco-system was made Thursday in Marrakesh […]

Africa Features Headlines International Mauritania

Mali calls on nationals in Mauritania to stay clear from unrest

Malian authorities have urged their countrymen in Mauritania to stay away from unrest in the country following the death of a young Mauritanian in police custody. The Malian embassy in capital Nouakchott in a statement on Wednesday called Malian nationals to abide by rules of the hosting nation. “All Malians are required to strictly respect […]

Africa Blogs Business Community Features Finance Headlines International

France to finance two projects in Niger worth 22 million euros

France’s development agency, AFD, and Niger have inked a financing agreement for two projects worth 22 million euros in the African country. The first project focusing on household food security, will benefit from a 10 million euros subsidy to support the most vulnerable households by improving their food security. Local NGO Karkara and the national […]

Africa Features Headlines International

Macky Sall launches controversial national dialogue

Senegal’s President Macky Sall launched Wednesday a national dialogue initiative supposed to appease the political tension in the country, but rejected by a chunk of the opposition, including main rival Ousmane Sonko. “There can be no democracy without freedom, just as there can be no freedom without responsibility. Every piece of physical violence, every piece […]

Business Features Finance Headlines Tunisia

World Bank to resume partnership with Tunisia after two-month hiatus

The World Bank announced Wednesday the resumption of its partnership with Tunisia, two months after suspending cooperation with the North African country following President Kais Saied’s remarks on Sub-Saharan African migrants deemed racist. Tunisia and the Washington-based institution prior March were in talks for a $500 million program encompassing direct support to the hardest-hit families […]

Africa Americas Business Emerging Markets Finance Headlines International

Kenya calls on Africa to use PAPSS to ditch US dollar in trade deals

Kenya’s President William Ruto has called on African leaders to take first steps towards ditching the US dollar as the world’s reserve currency by adopting a pan-African payments system to facilitate trade within the continent. Ruto has urged his African counterparts to mobilize central and commercial banks to join the Pan-African Payments and Settlement System […]

Africa Business Emerging Markets Europe Headlines International

EU’s Green Deal to have dire implications for East African farmers — study

As the EU executive is adopting intermediate proposals in its international climate policy as outlined in the European Green Deal, this will have serious and multifaceted implications for Africa, according to a recent study by Eastern Africa Farmers Federation (EAFF). The Green Deal provides a road map for a socioecological transition to a low-carbon future […]