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Africa holds key to global food security, OCP chief tells FT

Africa holds the key to global food security because it has 60% of the world’s unused arable land, chairman and CEO of Morocco’s OCP Group, Mostafa Terrab, told the Financial Times. The Financial Times pointed out in its Wednesday issue that in the wake of the war in Ukraine and amid fears about the continent’s […]

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US-led ‘partnership for ethical mining’ aims to protect communities, environment

Italy has become the latest country to join the US-led Mineral Security Partnership (MSP), announced in June last year, whose aim was to add ethical values to the entire critical minerals and batteries value chain. The announcement was made by the US Under Secretary of State for Economic Growth, Energy, and the Environment, Jose Fernandez, […]

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Botswana hikes 2022 economic growth forecast to 6.7% in review

Botswana’s government has revised upwards its 2022 economic growth forecast to 6.7% from an earlier estimate of 4.2 per cent, the country’s Finance Minister Peggy Serame said on Monday according to Reuters. Serame, who was speaking during an annual budget speech, argued that the 2022 revision was linked to the diamond-rich southern african country’s strong […]

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Morocco, Mauritania to bolster cooperation in fisheries research

Morocco and Mauritania have committed to enhance their cooperation in fisheries research under a specific protocol on cooperation actions signed on the sidelines of the 6th edition of the International Fair Halieutis, held in Agadir February 1 to 5. The protocol between the National Institute of Fisheries Research (INRH) of Morocco and the Mauritanian Institute […]

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Spain reiterates support for Morocco’s autonomy plan

Spain reiterated its support for Morocco’s autonomy initiative as the most serious, credible and realistic solution to end the regional conflict in the Sahara territory. This reaffirmation came in a joint declaration issued at the end of the 12 Moroccan-Spanish high-level joint committee. The two countries signed 20 cooperation deals and a Spanish credit line […]

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Morocco, Spain cement their renewed bilateral partnership

Morocco and Spain signed 20 cooperation deals as they look towards a closer economic alliance after improved ties. The deals were signed at the end of the 12 high-level joint committee co-chaired by head of the Moroccan government Aziz Akhannouch and his Spanish peer Pedro Sanchez. The cooperation deals cover migration, employment, vocational training, infrastructure, […]

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Angola, DRC and Zambia move towards jointly managing key trade corridor

Angola, Zambia and Democratic Republic of Congo (DRC) have agreed to establish a new agency that will oversee the development and joint management of a trade corridor to and from the Atlantic Ocean port of Lobito, which could mean lost business for South African ports. The Lobito Corridor Management Institution will facilitate trade from Zambia […]

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ECA, Afreximbank launch digital platform to boost intra-Africa trade

The Economic Commission for Africa (ECA) and Afreximbank have announced the development of the African Trade Exchange Platform (ATEX), a digital business-to-business (B2B) and business-to-government (B2G) tool to help boost intra-African trade under the African Continental Free Trade Area (AfCFTA). A statement by the ECA on Friday (27 January) also noted that the ATEX platform […]

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International Halieutis Fair Kicks off in Agadir

The sixth edition of the International Halieutis Fair kicked off Wednesday in Agadir, in the presence of 32 delegations from different countries including 13 ministers from African countries. Spain is the guest of honor of this edition which is held February 1 through 5 under the theme: “Sustainable fisheries and aquaculture: levers for an inclusive […]

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Tanzania seeks more investments by Morocco’s OCP

Tanzania is seeking to have another OCP plant to produce fertilizers in the country as part of efforts to bolster farming output and reduce food inflation. “President Samia Suluhu Hassan had met with Moroccan state-owned fertilizer producer The OCP Group for talks to establish another plant in Tanzania,” Tanzanian media The Citizen reported. Morocco’s phosphates […]