Africa Europe Headlines International

France completes pullout of troops from Niger

France has completed the full withdrawal of its forces from Niger as requested by the current leaders of the West African country who seized the power on July 26, after removing west-backed Mohamed Bazoum. Over 1,300 soldiers stationed in the country have left the country and headed to neighboring Chad and to France, ‘Mali Jet’ […]

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Russia plans to send 200,000 tons of wheat to Africa by year’s end

Russia is mulling plans to dispatch 200,000 tons of wheat free of charge to countries in need on the African continent by the end of the year, the Russian Ambassador to Turkey Alexey Yerkhov told Turkish daily Sabah. “Russia proposed an initiative to deliver wheat free of charge to the poorest African countries. We expect […]

Business Emerging Markets Energy Europe Headlines International Morocco

Xlinks: TotalEnergies Invests £20 Mln in Morocco-UK Power Project

The Xlinks Morocco-UK power project is gaining momentum as French oil giant TotalEnergies has injected £20 million in the ambitious green project, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). The French supermajor has decided to back the Morocco-UK project after withdrawing from Algeria due to endless hurdles to investors and […]

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Morocco: EBRD and EU Support Women-led businesses with €20 Mln Funding

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have partnered with Moroccan bank for Commerce & Industry (BMCI) to support women-led micro, small and medium-sized enterprises (MSMEs). EBRD will provide up to €20 million unsecured loan to BMCI for women entrepreneurs digitalization and MSMEs located in the regions affected by […]

Europe Headlines International Morocco

Moroccan-Austrian security cooperation reviewed in Vienna

Security cooperation between Morocco and Austria was reviewed at a meeting held in Vienna this Tuesday between Director General of Morocco’s National Security and Territorial Surveillance, Abdellatif Hammouchi, and Austria’s Director of the State Protection and Intelligence Directorate, Omar Haijawi Pirchner. The meeting took place on the sidelines of Hammouchi’s participation in the 91st session […]

Africa Europe International

Hungarian top diplomat to visit Chad next month with agreements in pipeline

Peter Szijjarto, Hungary’s Foreign minister, is expected to visit Chad from December 07 and will ink cooperation deals with his Chadian counterpart KASSIRÉ Isabelle Housna, local media ‘Alwihda Info’ reports citing the Foreign ministry of the African country. Laszlo Mathé, the European country’s ambassador to Chad informed Housna about Szijjarto’s future visit, on Monday November […]

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Morocco, an example in terms of special economic zones – Oxford Business Group

Morocco is leading the way in Africa and the world in establishing new special economic zones (SEZs) and attracting foreign direct investment (FDI), thanks to its higher value-added technology industries, according to a new report by Oxford Business Group. Entitled “How Special Economic Zones are shaping Africa’s industrial landscape”, the report, published last week, states […]

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AU chief calls for ‘positive competition’ from Europe in bid to counter China’s growing clout

As African leaders converged on Germany’s capital earlier this week to attend the G20 ‘Compact for Africa’ meeting, the African Union (AU) chief called for “positive competition” from Europe in the continent, which would be more welcome than its criticism of Chinese investments for saddling poor countries with huge debts. While addressing the high-level meeting […]

Business Emerging Markets Europe Headlines International Morocco

Electronics: French Exxelia opens new manufacturing plant in Morocco

  French Exxelia Group, a global leader in electronics, has opened on Thursday a manufacturing plant in the Moroccan city of Mohammedia, near Casablanca, consolidating the country’s industrial ecosystem and competitive edge. The 10,000 m2 industrial facility, which employs 700 persons, specializes in the manufacturing and assembly of a wide range of electronic components, including […]

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British Government supports trade & green investment in Morocco

Britain’s Minister of State for Trade policy Greg Hands has affirmed that the Department for Business & Trade regularly engages businesses and the Moroccan government to promote and support bilateral trade and green investment. Responding at the House of Commons to a question by Conservative MP Ben Everitt on what steps London is taking to […]