Senegal and Germany signed Thursday two financial agreements for the production of vaccine in the West African country, Senegalese state-run news agency APS reports. The agreements namely financial cooperation agreement and a financial aid contract, were signed by Oulimata Sarr, Senegal’s Minister of Economy, Planning and Cooperation and Karl von Klitzing, Director Senegal Office of […]
Emerging Markets
Egypt, Ethiopia agree to settle dispute over Nile River dam
Egyptian President Abdel Fattah al-Sisi held talks on Thursday (13 July) in Cairo with Ethiopian Prime Minister Abiy Ahmed on the Grand Ethiopian Renaissance Dam (GERD) project on the Nile River and both leaders agreed on the urgent need to launch negotiations on the filling and operation of the dam within four months. The talks […]
Morocco-EU Fisheries Agreement ‘Remains in Force’, to Be Deployed to ‘Deepen Bilateral Partnership’ (Joint Statement)
Morocco and the European Union (EU) have agreed to continue their cooperation as provided for in the Partnership Agreement in the field of sustainable fisheries, which “remains in force”, in order to deepen their bilateral partnership. “Morocco and the European Union have agreed to continue their cooperation as provided for in the Partnership Agreement in […]
Morocco reviews in Madrid skills training for new professions
Minister of Economic Inclusion, Small Businesses, Employment and Skills, Younes Sekkouri, held meetings in Madrid on Wednesday and Thursday on ways to develop Morocco’s relations with international institutions in the field of skills training for new professions. The meetings, held on the sidelines of a high-level meeting on skills in the Mediterranean organized by the […]
€10.7 billion investment pledges at first “Invest in Senegal Forum”
Participants at first “Invest in Senegal Forum” held July 6-8 have pledged €10.7 billion investments in the West African country. The amounts were disclosed by Prime Minister Amadou Ba at a meeting with the media to present a report on the event seeking the development of local and regional markets. Close to 3,500 delegates among […]
Alstom to build 2nd rail plant in Morocco
French Alstom group will invest over $16 million on a second rail plant in Morocco which is developing its rail industrial ecosystem with its local expertise to meet its mobility and transportation needs. The 2nd plant will make driving cabs for regional and underground railway trains, said Alstom in a press release issued Thursday. In […]
Fisheries: Sustainability, a shared goal for Morocco, EU (Joint Statement)
Morocco and the European Union (EU) have announced, on Thursday in Brussels, that they will continue scientific cooperation with the “common objective of ensuring the sustainability” of fisheries resources in the region. “Morocco and the EU have taken note of the recommendations contained in the report of the Joint Scientific Committee, which met last June. […]
EU reaffirms ‘utmost importance’ of fisheries partnership with Morocco, ‘essential interest’ in its continuation
The European Union (EU) has reaffirmed the “utmost importance” it attaches to its fisheries partnership with Morocco and the “essential interest” it has in its continuation, in a “spirit of trust, solidarity and mutual interest.” Relations with Morocco in the field of fisheries “are part of a global and mutually beneficial partnership, which makes Morocco […]
Norwegian Yara International pulls out of Cameroon
Yara International ASA, a global leader in plant nutrition headquartered in Oslo, Norway, announced its withdrawal from Cameroon following a deal to sell its majority stake in Yara Cameroon to NJS Group, a minority shareholder and longstanding partner. Per the deal, NJS Group takes over the 65% stake held by Yara International France in the […]
Egypt surpasses Nigeria in start-ups capital funding in Africa
Egypt is the continent’s new leader in the total equity funding raised by start-ups in Africa from June 2022 to June 2023, overtaking Nigeria, according to London-based African Private Equity and Venture Capital Association (AVCA). Per AVCA data, startups in the North African country raised $540 from June 2022 to July 2023. The amounts represent […]









