First Independent Mena Newspaper
Morocco’s private investment fund Al Mada said it has set up an international food industry subsidiary focusing on Africa, dubbed Teralys. As part of its goal to promote food industry in Africa in a way that is conducive to regional integration, Teralys signed an agreement to acquire a majority stake in Senegal’s Patisen, Al Mada […]
Congo aims to capitalize on increased germanium demand, created by export limits on gallium and germanium recently imposed by China, by establishing a new production unit, positioning itself as a valuable source of the semiconductor material. Invoking national security concerns, Beijing on Monday (4 July) announced export limits on select gallium and germanium components, raising […]
Morocco has secured its position in the global ranking of military powers, earning the 61st spot out of 145 countries, according to the latest report released by Global Firepower (GFP). With a score of 1.0524, Morocco stands out for its military modernization, strategic alliances, and advantageous geographical location. The GFP’s ranking system, known as PowerIndex, […]
Africa50, an infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, signed Monday in the Togolese capital of Lome, a Memorandum of Understanding (MoU) with the International Solar Alliance (ISA) to support and finance solar projects in Africa. The deal, Africa50 notes, advances the organizations’ mutual goal of increasing […]
As the creator economy in Africa has grown in recent years, enabling talented people to leverage their skills in this digital age, the likelihood of global recession in the near future may unravel the true resilience of the creator economy. Rather than just generating a steady income, digital creators around Africa are also creating jobs […]
Oman has renewed its unwavering backing to Morocco’s territorial integrity and to the “serious & realistic” autonomy plan offered by the North African Kingdom for the Sahara under its sovereignty. In a joint statement issued Tuesday at the end of the 6th meeting of the Moroccan-Omani Commission, co-chaired by the two countries’ foreign ministers, Nasser […]
Morocco has partnered with London’s World Travel Market Show to bolster its tourism industry by attracting more tourists and more investors to the North African country, a recognized international popular travel destination. Thanks to this partnership, the organizers of the World Travel Market, due November 6-8, will turn the spotlight on Morocco offering travelers a […]
China will build an industrial complex for several industries including agri-food, manufacturing, mining and real estate in Niger’s capital Niamey, Beijing’s envoy to the West African country indicated Monday. Jiang Feng made the announcement after meeting with President Mohamed Bazoum. He also argued that the future complex is the translation of agreements of April 26 […]
Botswana and mining company De Beers have announced, after years of negotiations, a new diamond sales deal that gives the South African country a bigger share of rough stones from their joint venture. Debswana, a joint venture between De Beers (a subsidiary of Anglo American, a UK-listed multinational mining company) and Botswana’s government, sells 75% […]
As the third China-Africa Economic and Trade Expo (CAETE) concluded in Changsha on Sunday June 2, with $10.3 billion worth of projects signed, analysts say that the economic cooperation between both sides will need to build on past lessons and successes to really reshape China-Africa trade. With bilateral trade between China and Africa totaling $282 […]