Africa Europe International

Namibia pulls down statue of German colonial “founder” of capital Windhoek

Namibian authorities have removed a controversial statue of German colonial officer Curt von Francois, who was seen as a symbol of colonial oppression, following pressure from local activists. The monument was erected in 1965 to mark the 75th anniversary of the founding of the city of Windhoek, now the capital, which was credited to von […]

Business Europe Headlines International Morocco

Morocco’s aeronautics gaining momentum with opening of PC-12 assembly plant

Belgian aerospace company SABCA opened on Wednesday in Casablanca new assembly line of aerostructures of PC-12, a single-engine aircraft made by Swiss Pilatus Company. Built over a 16,000 m² area, the $16 million plant employs 240 skilled workers and engineers. Its inauguration ceremony was attended by Taoufiq Moucharraf, Secretary General of Industry ministry, Stephane Burton, […]

Business Europe Headlines International Morocco

UK earmarks over €4 Bln for boosting trade ties with Morocco

The UK government has dedicated £4 billion (€4.7 bn) for strengthening further trade exchanges and economic cooperation with Morocco, a longstanding friend and partner of the United Kingdom. The announcement was made by UK Export Finance (UKEF), a government agency which appointed a new International Export Finance Executive (IEFE) in Casablanca. Up to £4bn is […]

Europe Finance Headlines International Morocco

KfW supports Morocco’s financial system reform with €165 Mln funding

German Development Bank (KfW) has pledged to provide Morocco €165 million funding to continue reforming its financial system which has shown resilience to external shocks. The KfW financial support includes a €150 million loan and a €15 million grant. Funding agreements were inked Wednesday in Rabat by Economy & Finance Minister Nadia Fettah and Head […]

Africa Europe Headlines International

West African leaders, European allies seek to bolster ties to curb terrorism in Sahel

Leaders from West African countries that are members of the Accra Initiative met with European partners in Accra on November 22 for talks on “homegrown” ways to prevent jihadist conflict in the Sahel threatening to “engulf” countries on the Gulf of Guinea. The Accra Initiative is a cooperative and collaborative security mechanism between seven West […]

Africa Europe Headlines International

Germany, Britain announce withdrawal from Mali earlier than planned

The German government said Tuesday (22 November) that it plans to wind down the country’s participation in a United Nations military mission in Mali by the middle of 2024, following a recent announcement by the British government of the early withdrawal of its military contingent from the West African country. Tensions have grown between Mali, […]

Europe Headlines International Morocco

5+5 Defense Initiative: Steering Committee meets in Morocco ahead of Defense Ministers gathering

The Steering Committee of the “5+5 Defense” Initiative started this Wednesday, in Rabat, a two-day meeting to discuss preparations for the upcoming gathering of the Defense ministers of member countries due Dec.16 in the Moroccan capital. The representatives of France, Italy, Libya, Malta, Mauritania, Morocco, Portugal and Spain are taking part in the steering committee […]

Africa Europe Headlines International

Mali bans France-backed NGOs’ activities

Mali will ban the activities of all non-governmental organizations financed or supported by France, including those operating in the humanitarian field, the junta, which came to power by force in August 2020, announced on Monday (21 November). The annoucement came few days after Paris suspended its public development assistance to the West African country. The […]

Business Europe Headlines International Morocco

Morocco Potash Project: Emmerson seals deals with two Swiss agri-trading groups

The mining company Emmerson announced on Monday it signed with two Swiss agri-trading groups deals for the sale of potash and salt to be produced at its Khemisset Mine in Morocco. With Keytrade AG, Emmerson agreed to sell a minimum of 245,000 metric tons per year of Muriate of Potash (MOP) for a period of […]

Africa Europe Headlines International

France suspends development assistance to Mali, irks NGOs

France has suspended its development aid to Mali in an additional action confirming showdown between the two countries. “Owing to the attitude of the Malian junta, allied with Wagner’s mercenaries, we have suspended our official development assistance to Mali,” the foreign ministry of the European country said in a statement. The statement added that Paris […]