Business Emerging Markets Features Headlines

Volkswagen Group Africa delivers strong export growth in 2024, eyes expansion plans in 2025

Volkswagen Group Africa (VWGA) is celebrating a significant achievement in 2024, setting a new export record with 131,485 vehicles shipped, marking a 21% increase over the previous record of 108,422 vehicles in 2019. This milestone highlights the company’s strengthened global presence, with its plant in Kariega, South Africa, being the sole exporter of Polo models […]

Emerging Markets Energy Europe Finance Headlines International Morocco

Germany backs Morocco’s OCP green hydrogen plant with $32 Million

Germany is backing Morocco’s green hydrogen production with a $32 million (€30 million) investment in OCP Group’s green hydrogen plant in Jorf. The funding by the German PtX Development Fund is intended to support sustainable fertilizer manufacturing, according to German media reports. The PtX Development Fund, endowed with a budget of €270 million, is initiated […]

Culture Europe Headlines International Morocco

Morocco, Germany to bolster religious cooperation

Morocco and Germany signed a joint Declaration of intent, on Tuesday in Rabat, to bolster bilateral cooperation in religious affairs. This agreement was signed by Morocco’s Minister of Endowments and Islamic Affairs Ahmed Toufiq, and German State Secretary at the Federal Ministry of the Interior Juliane Seifert following talks on several issues of mutual interest. […]

Asia Blogs Community International

COP29 in Baku: Africa hopes for new climate finance deal to support its energy transition

The 29th UN Climate Change Conference (COP29) has kicked off in Baku, Azerbaijan, bringing global attention to urgent issues surrounding climate finance, as African nations call for more funds to fight the impact of climate change. Taking place from 11-22 November in Azerbaijan’s capital, the COP29 conference’s main focus is on the challenge of finding […]

Headlines Morocco

Sahara: EU Supports UN Chief Efforts to Achieve Lasting Political Solution

The European Union has expressed support for the efforts engaged by the UN Secretary-General to achieve a just, lasting and mutually acceptable political solution to the Sahara regional conflict. The EU stand was expressed Thursday in New York at the UN Fourth Committee. Speaking on behalf of the European bloc, the delegate of Hungary said: […]

Egypt Europe Headlines International

Egypt: 11% increase in value of exports to Germany during 1st half of 2024

On Wednesday September 11, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported an increase in Egyptian exports to Germany. In the first half of 2024, Egyptian exports to Germany totaled $463 million, up 11% from $417 million during the same period in 2023. Egyptian imports from Germany also rose, reaching $2 billion in […]

Europe Headlines International Morocco

German state media highlights success of Morocco’s strategy on Sahara issue

Germany’s state-owned media, DW, published a detailed article highlighting the success of Morocco’s diplomacy in defending the Kingdom’s sovereignty over the Sahara territory, while framing the dispute as opposing Morocco to Algeria through its Polisario proxies. “Morocco’s strategy on the Western Sahara has paid off,” was the headline of the article which enumerates the diplomatic […]

Europe Headlines International Libya

Germany ready to support Libya in addressing immigration issues

German Minister of State for Migration Bernd Kroeser expressed Germany’s willingness to collaborate with Libya, both bilaterally and through the European Union Commission, to address illegal immigration. The remarks were made during a meeting with Libya’s acting Minister of Foreign Affairs, Taher Al-Baour, on Wednesday. Talks focused on illegal immigration and the efforts by Libyan […]

Africa Business Emerging Markets Headlines International

Germany’s top diplomat visits West Africa to mend ties amidst Sahel instability

Germany’s top diplomat has talked up the prospect of closer political ties with Senegal and the Ivory Coast, two of the last democracies in a region otherwise plagued by sectarian conflict, in the latest attempt by a senior EU politician to rebuild the bloc’s political influence in West Africa. Germany’s Foreign Minister Annalena Baerbock is […]

Business Energy Europe Headlines International Morocco

Morocco, Germany seal climate, energy alliance

Morocco and Germany signed a climate and energy alliance that includes cooperation in green hydrogen, to which Morocco attaches utmost importance in its energy diversification plans. The alliance was signed by Foreign minister Nasser Bourita and German Development Minister Svenja Schulze in Berlin. Hydrogen is key to Germany’s goal to reach carbon neutrality by 2045. […]