First Independent Mena Newspaper
With China’s Central Bank making Tuesday (15 August) its largest interest-rate cut since the pandemic and news that its economy has fallen into deflation, the implications of this economic instability in China could have repercussions for Africa, experts warn. China’s National Bureau of Statistics (NBS) said Tuesday (15 August) it would stop releasing youth unemployment […]
Both Egypt and China’s ministers of Agriculture signed Wednesday August 16 to collaborate on developing drought and salt-tolerant crops to overcome water scarcity and salinity in Egypt as the country confronts the major impacts of climate change, “Ahram Online” reports. Egypt’s El-Sayed El-Quseir and his Chinese counterpart Tang Renjian signed the agreement which the Egyptian […]
The 8th Hassan II Great World Water Prize will be held on May 18, 2024 in Bali, Indonesia, under the theme “Water resource security for food sovereignty and shared prosperity,” the Ministry of Equipment and Water said. Created in 2002 and awarded for the first time at the 3rd World Water Forum in Kyoto, Japan, […]
Huayou, a Chinese manufacturer of electric vehicles battery materials, would invest 200 billion dirhams or $20 bln in a plant in Morocco’s region of Laayoune Sakia El Hamra in the Sahara, the regional investment center announced. A delegation of the Chinese group visited the region where officials introduced competitive attractions to help the company export […]
Morocco has warned against the terrorism-separatism nexus before the 44th ASEAN Inter-Parliamentary Assembly currently held in Jakarta saying this nexus threatens the territorial integrity of States. The alarm was sounded by Rachid Talbi Alami, Speaker of the Moroccan House of Representatives, which is participating in this conference in its capacity as an observer member of […]
The United Arab Emirates (UAE) has emerged as Africa’s largest provider of foreign direct investment (FDI), funnelling $59.4 billion into key high-growth sectors such as infrastructure, energy, transport, logistics, and technology. The UAE has joined the bandwagon of world powers scrambling for commercial dominance in Africa, targeting a share of the continent’s 1.2 billion people […]
King Mohammed VI has sent a written message to Emir of Qatar Sheikh Tamim bin Hamad Al Thani. The message focuses on ways to strengthen and develop bilateral relations between the two brotherly countries, reports the Qatari News Agency, QNA. Sheikh Abdullah bin Hamad Al Thani, Deputy Emir of the State of Qatar, received the […]
The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]
King Mohammed VI has sent a written message to his brother Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince of Saudi Arabia and Chairman of the Council of Ministers. The message focuses on the strong bilateral relations between the two countries and the two brotherly peoples, and on ways of strengthening and consolidating […]
Sentury Tire, a Chinese tire manufacturing giant, will build a first Morocco tire facility in the North of the country, 35 km from Tanger-Med port, Africa’s largest container port which handles over half of all cargo going through Moroccan ports. The deal okaying the plant breaking ground and operationalization was signed by the company’s manager […]