First Independent Mena Newspaper
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 […]
Tangier’s College of Legal, Economic and Social Sciences is organizing a Moroccan-Spanish scientific meeting on circular economy and tourism, in partnership with the International University of Andalusia and in coordination with the Cefal Foundation. Participants to this 3rd edition seek to enable tourism stakeholders, professionals, students, and graduates of specialized tourism institutes to learn about […]
The African Development Bank, AfDB, has made equity investment worth $11 million in Luxemburg-based BluePeak Private Capital Fund to support mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa. The Abidjan-based bank in a statement said BluePeak – a flagship private capital fund – will provide growth capital to middle-sized companies […]
Egypt has begun the construction of its first integrated fishing port in the city of Rosetta, on the Mediterranean, “Egypt Today” reports. The project, valued at $19.4 million, will feature a quay whose capacity is 60 fishing boats per hour, and another dedicated to maintenance. The quay will be equipped with a tugboat whose capacity […]
Morocco’s role in regional food security was the focus of talks between Minister of Agriculture, Mohamed Sadiki, and his Spanish counterpart, Luis Planas. The talks, held on the sidelines of the 43rd session of the Conference of the Food and Agriculture Organization (FAO) held in Rome July 1 – 7, provided an opportunity to examine […]
The United Kingdom is “absolutely committed” to enhancing trade with Morocco, said Minister of State for International Trade Nigel Huddleston. In 2022 we did about £3.1 billion-worth of bilateral trade, up nearly 50% on 2021, and we are using our association agreement with Morocco to boost that even further, he told the House of Commons […]
South Africa confirmed it will host the BRICS summit in August as planned, amid speculation that the event may move to China, while Ethiopia has become the latest country to have asked to join the bloc of emerging markets. In March, the International Criminal Court (ICC) issued an arrest warrant for Russian President Vladimir Putin […]
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have launched lately a joint initiative to strengthen start-ups in North Africa. Commenting the joint move, EBRD Chief Operating Officer Jean-Marc Peterschmitt said: “we will adopt an integrated approach to increase our input and counter the challenges that early-stage tech start-ups […]
The third edition of the China-Africa Economic and Trade Expo kicked off Thursday in the city of Changsha (Hunan province, centre), with the participation of Morocco. The Moroccan delegation taking part in this event held from June 29 to July 2 under the theme “Common Development for a Shared Future”, is led by the minister […]