Africa Headlines International

South Africa’s economy to score 1.3 % growth in 2019

South Africa’s economic growth will accelerate to 1.3 percent in 2019 from an estimated 0.9 pct in 2018, the World Bank said on Tuesday citing the implementation of structural reforms announced last year. The World Bank projects South Africa’s economic growth at 1.7% in 2020, and 1.8% in 2021. Economic growth would be supported by […]

Business Europe Headlines International Morocco

Renault’s Market Share in Morocco Rises to 42% in 2018

French carmaker Renault topped the podium of car sales in Morocco with a market share of 42% in 2018, that is 75.418 cars. A report by Renault said that Morocco remains the main market for the group where it has production plants in Tangier and Casablanca. Last October, Renault said it will bring up its […]

Africa Headlines International Morocco

Morocco Stands out in Africa for Sustainable Ocean Management

Morocco was distinguished as the second best performing African country for the quality of its sustainable management of ocean resources, the US-based National Center for Ecological Analysis and Synthesis (NCEAS) said in a recent report. Morocco came after Seychelles and was followed by Egypt in the Ocean Health Index issued by the NCEAS while Democratic […]

Americas Finance Headlines International Morocco

Sahara: After the EU, U.S. Congress Deals Hard Blow to Polisario & Algeria

Only few days after the diplomatic victory scored by Rabat with the adoption by the European Parliament with a large majority of the Morocco-EU Farm Agreement that covers the Sahara, the U.S. Congress dropped a House text included in the 2019 draft Appropriation Bill, which excluded the Sahara from the U.S. financial aid to Morocco. […]

Africa Asia Headlines International

Towards Restoration of Diplomatic Ties between Israel & Chad?

Israeli Prime Minister Benjamin Netanyahu met with Chadian President Idriss Deby Itno at the presidential palace in N’djamena on Sunday, during a visit his office described as a “historic breakthrough”. According to Netanyahu, the visit to a very large Muslim country with borders with Libya and Sudan is part of the revolution “we are leading […]

Africa Americas Headlines International

US Airstrike in Somalia kills 52 al-Shabaab Militants

US Africa Command, which oversees US military operations on the continent, last weekend said an airstrike near Jilib, Middle Juba Region of Somalia, killed more than 52 militants of al Qaeda-affiliated terrorist group, al-Shabaab. The airstrike was conducted “in response to an attack by a large group of al-Shabaab militants against Somali National Army Forces” […]

Africa Headlines International

DRC: Top Court Confirms Felix Tshisekedi Winner; Opposition Cries Foul

The constitutional court of the Democratic Republic of Congo has confirmed the victory of Felix Tshisekedi in the presidential election, while dismissing a challenge from opposition leader Martin Fayulu. The Court “proclaims by a simple majority Félix Tshilombo Tshisekedi President-elect of the Democratic Republic of Congo”, said the institution’s President, Benoît Lwambwa Bindu. Martin Fayulu […]

Asia Finance Headlines International

Qatar Increases its Profile with Investment & Job Creation Pledges in Arab World

Qatar Sunday pledged to invest $50 million in the Middle East countries, with youth being the main target, in a move to increase its profile at a time it is boycotted by major powers in the region. The pledge was announced by Qatar’s Finance Minister Ali al-Emadi at the Arab Economic and Social Development Summit […]

Africa Asia Energy International

KSA: Aramco to Build Refinery in South Africa

Saudi Arabia’s oil giant Aramco will build an oil refinery in South Africa part of the pledge made by Riyadh last year to invest $10 billion in the African country, Bloomberg reports. According to Bloomberg, an agreement of intent was signed Friday by South Africa’s Energy Minister Jeff Radebe and his Saudi counterpart Khalid Al-Falih. […]

Europe Headlines International Morocco

Morocco Calls for further Western Mediterranean Action on Migration, Youth

Morocco wants the Western Mediterranean to think as a coherent regional grouping while addressing common challenges relating to migration and youth. Speaking at a foreign ministers meeting of the 5+5 countries, held Friday in Malta, Morocco’s foreign minister Nasser Bourita urged the group to think and act as a G10 bloc in order to give […]