Africa Europe International

Hungary keen to invest in Agriculture, digital economy in Gabon

A group of Hungarian investors are mulling plans to invest in Gabon’s economy, mostly in the agriculture and digital economy sectors, Gabon Review reports. Diplomat Georges Suha is heading the Hungarian delegation which met with Gabon’s Ministers of Trade, Yves Fernand Manfoumbi, and of Agriculture, Charles Mve Ellah. The meetings addressed issues of common interest […]

Europe Headlines International Maghreb

Spain: Polisario supporter pleads guilty to terrorism charges

A Polisario supporter pleaded on Tuesday guilty in Spain to charges of promoting jihadist ideology and violent extremism through social media networks. The Spanish public prosecutor called for the defendant to be sent to jail for four years and six months for his hatred for Spain and extremist propaganda. But after pleading guilty to terrorism […]

Columns Europe Headlines International Maghreb Morocco Opinions

On Italy’s double speak on Sahara issue

Italy’s embassy in Rabat has issued a statement reiterating its stand in favor of a UN solution to the Sahara issue, while dismissing Algeria’s news reports which interpreted the opening of a visa processing center in Tindouf as a sign of support to the Algerian-backed Polisario separatists. In the statement, the Italian embassy said the […]

Business Emerging Markets Europe Headlines International Maghreb

Sweden’s SKF Invests $4.9 Mln in Factory in Morocco

SKF, the world’s biggest bearings maker, announced on Monday a $4.9 million investment earmarked for building a manufacturing site in Tangier in Morocco. The Swedish company said the plant will enable it to meet growing demand for magnetic bearings used in turbomachinery and other high-speed applications, including hydrogen gas liquification and for oil-free industrial compressors. […]

Africa Europe Features Headlines International

Senegal to welcome high-key economic delegation headed by Princess Astrid of Belgium

The Archduchess of Austria-Este, Princess Astrid of Belgium, is expected in the Senegalese capital of Dakar, May 21-25 with an important economic delegation to sign several deals with parties in the West African country. Hubert Roisin, the Belgium ambassador to Senegal made the announcement noting that the royal personality has been assigned the mission by […]

Community Europe Headlines International Morocco

Morocco and Spain preparing for annual summer holiday return of Moroccan expatriates

Senior Moroccan and Spanish officials from the interior departments met on Wednesday in Madrid to discuss coordination to ensure a smooth return of Moroccan expatriates for their annual summer holidays. The joint meeting focused on the operational measures put in place by both parties to ensure the best possible conditions for the 2023 transit operation, […]

Columns Emerging Markets Europe Finance Headlines International Morocco

Anti-money laundering: EC removes Morocco from list of high-risk countries

After leaving the grey list of the Financial Action Task Force (FATF) thanks to its financial transparence, Morocco exits the European Commission’s list of high-risk countries presenting strategic deficiencies in their anti-money laundering and countering the financing of terrorism (AML/CFT). The decision, announced this Wednesday by the European Commission, will help Morocco attract more foreign […]

Business Emerging Markets Europe Headlines International Morocco

OCP Group finalizes acquisition of 50% stake in Spanish Globalfeed S.L.

OCP Group, the Moroccan state-owned global phosphate-based plant and animal nutrition solutions provider, and Fertinagro Biotech S.L., a major Spanish fertilizer producer, have finalized the acquisition by OCP of 50% Stake In Globalfeed S.L. In a joint press release issued this Wednesday, May 17, 2023, the OCP Group and Fertinagro Biotech S.L., a major fertilizer […]

Business Emerging Markets Europe Headlines International Morocco

Morocco-Irish Parliamentary Group discusses partnership in renewable energy, tourism & education

Cooperation prospects between Morocco and the Republic of Ireland were at the center of the first meeting of the inter-parliamentary group held Tuesday remotely. The group, which gathers members from Morocco’s Parliament upper House and Irish senators, seeks to promote closer relations and understanding. It also aims to strengthen political, economic, and cultural partnership between […]

Africa Europe Features Headlines International

Six African leaders launch peace mission to Moscow and Kyiv to end ‘devastating’ war

Six African leaders plan to spearhead and facilitate what they hope could be the beginning of peace talks between Moscow and Kyiv more than one year after Russia’s invasion of Ukraine. South African President Cyril Ramaphosa announced on Tuesday (16 May) that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy had agreed to meet […]