Business Emerging Markets Headlines

France outclasses Russia as Cameroon’s leading wheat supplier

France has emerged as Cameroon’s leading wheat supplier, ahead of Russia which has seen its supplies shrink by 65 per cent, per data published by the country’s statistics agency. Russia as late as 2020 was Cameroon’s largest supplier with 396,000 tons but the figure slumped to 138,000 last year. Cameroonian wheat buyers according to the […]

Business Emerging Markets Europe Headlines International Morocco

Morocco quadruples avocado exports to Germany

Morocco has quadrupled its avocado sales to Germany in six years with 5000 tons worth $17 million this past season, specialized media reported. Globally, Morocco became the world’s 9th largest exporter of avocados among a rising demand for fruit. In Germany, Morocco faces competition from Mexico, Spain and the Netherlands. Overall, Morocco exported 45,000 tons […]

Energy Headlines

Kenya is harnessing sun’s potential as next frontier in its renewable energy sector

Kenya has seen a significant surge in solar power generation that experts hail as a game-changer for the East African country, whose abundant sunshine can potentially revolutionize its energy sector in terms of cost-effectiveness and scalability. But rather than environmental concerns, the surge in solar energy perhaps seems to be more motivated by simple economics […]

Africa Asia Headlines International

Japan contributes 900,000 euros to Madagascar’s election basket Fund

Japan has provided Madagascar with 900,000 euros to go into the basket Fund set up by the UNDP, earmarked to back the electoral process. The African country is set to hold presidential elections in November 2023 and subsequent legislatives and municipal polls. The UNDP has set up the basket to mobilize funds for the electoral […]

Africa Emerging Markets Europe Finance Headlines International

Senegal, Germany ink agreements for vaccine production

Senegal and Germany signed Thursday two financial agreements for the production of vaccine in the West African country, Senegalese state-run news agency APS reports. The agreements namely financial cooperation agreement and a financial aid contract, were signed by Oulimata Sarr, Senegal’s Minister of Economy, Planning and Cooperation and Karl von Klitzing, Director Senegal Office of […]

Africa Europe Headlines International

Germany assumes presidency of alliance to support Africa’s Sahel

Germany has taken over the rotating one-year presidency of the Sahel Alliance — a key development body from the region — with Berlin saying that jobs, agriculture, and security will be its top priorities during the tenure. Germany’s Development Minister Svenja Schulze traveled to Mauritania earlier this week to formally take over the presidency of […]

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Egypt recoups 40 illegally smuggled artefacts from Germany

Germany returned Monday to Egypt 40 ancient Egyptian statuettes after they had been stolen and illegally smuggled out of the country, “Ahram Online” reports citing an official. Shaaban Abdel-Gawad, the supervisor-general of antiquities repatriation indicated to the media artefacts consists of 40 ushabti statuettes seized by German customs at Frankfurt Airport in 2020. According to […]

Emerging Markets Europe Headlines International Morocco

Morocco, Germany to launch multidimensional strategic dialogue next year

Morocco and Germany agreed on Thursday in Berlin to launch next year the Multidimensional Strategic Dialogue agreed upon in 2022. This dialogue will serve as a basis for moving forward in bilateral relations and strengthen coherence between the different areas of bilateral cooperation. The announcement came at the end of a meeting between Foreign Minister, […]

Europe Headlines International Morocco

Germany reiterates support for Autonomy Plan as a “very good basis” for settlement of dispute over Sahara

Germany reiterated, on Thursday, its support for the Morocco-proposed autonomy plan for the Sahara, presented in 2007, as a “serious and credible” effort by the Kingdom and a “very good basis for a solution accepted by the parties.” Head of German diplomacy, Annalena Baerbock, reiterated Germany’s “long-standing support for the UN-led process for a realistic, […]

Africa Europe Headlines International

Germany to fast-track pullout of forces in Mali

German Defense Minister Boris Pistorius has indicated that the European country wants to remove its troops from Mali more quickly while maintaining order amid calls by Malian authorities for the removal of the UN mission from the country. Germany has 1,000 soldiers stationed near the northern town of Gao and is assigned to gather reconnaissance […]