Africa Business Energy Europe Finance Headlines International

Africa — its resources and migration — takes centre stage at G7 summit in Italy

Italian Prime Minister Giorgia Meloni, whose Africa development plan has drawn criticism, has elevated the continent as a central theme and top priority at this year’s Group of Seven (G7) leaders’ meeting, positioning Italy as a key energy hub linking Europe with Africa. Africa is high on Italy’s agenda this year at the three-day G7 […]

Energy

Mozambique’s president urges Western energy companies to resume work in troubled region

Amid continuing clashes between Mozambique’s federal forces and other African allies against Islamist militants in the Cabo Delgado Province, the country’s president Filipe Nyusi has called on Western energy companies to resume work, assuring them security situation had improved in the conflict-torn region. Addressing the Mozambique Gas & Energy Summit in Maputo Wednesday (14 September), […]

Europe Headlines International Maghreb Morocco

Sahara: Italian MPs and Experts Commend Spain’s Stand Supporting Morocco’s Autonomy Plan

Several influential Italian MPs and senators have welcomed Madrid’s backing of the Moroccan autonomy plan offered for the Sahara under its sovereignty, saying it is a forward step towards finding a lasting resolution of the Sahara regional conflict. Commenting on the bold Spanish move in his twitter account, Italian MEP Marco Zanni praised the Spanish […]

Business Egypt Emerging Markets Energy Europe Headlines International

Egypt, Eni ink oil exploration, exploitation deal worth $1bn

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with the Italian giant energy group Eni for oil exploration and exploitation in the Gulf of Suez and Nile Delta regions worth $1 billion, Arab Finance reports, citing a statement by the Ministry of Petroleum and Mineral Resources. The deal signed by Minister of Petroleum […]

Blogs Community

Palestine: Hamas let Italian security officers leave after identification

Gaza ruler, Hamas Wednesday allowed three Italian security officers to leave the enclave after holing up the UN office in the Strip as they were chased down and taken for Israeli intruders, Times of Israel reports. The men, the Israeli media citing a Hamas official said, sought refuge in the office in central Gaza on […]

Headlines Morocco

Morocco: Italian Magneti Marelli to open shop in Tangier

The Italian car component producer will launch an automotive plant in the city of Tangier for the production of shock-absorbers for car and commercial vehicle. The plant will start production in 2019 and will create up to 500 jobs when in full flesh, by 2025. The project will necessitate a global investment of around 37 […]

Europe International

SOGEFI to Build Car Components Factory in Tangiers

Italian car part maker, Sogefi, announced that it will build its first industrial site in Africa in Tangiers to manufacture two new models of engine filters “The plant, which will start operating at the beginning of 2018, will manufacture two different models of engine filtration systems (a metal diesel filter and an oil filtration module) […]

Europe Headlines International

Berlin Attack: Angela Merkel’s Administration under Fire for Ignoring Foreign Intelligence Alerts

Chancellor Angela Merkel’s administration is under fire as investigations in the Christmas market massacre, perpetrated by Tunisian Islamic State group militant, Anis Amri, revealed loopholes in the German security system and shortcomings in cooperation with foreign intelligence agencies. A report presented to lawmakers has revealed that the Tunisian militant was mentioned 60 times in police […]

Europe Headlines Morocco

Morocco Alerted German Authorities on Perpetrator of Berlin Attacks

The Berlin attack could have been averted had the German authorities taken seriously the warning issued by Morocco’s intelligence services about the danger posed by the radical Tunisian Anis Amri, the main suspect in the terrorist attack, Moroccan local media said. Several Moroccan media outlets quoted officials, who requested not to be named, saying that […]

Culture Lifestyle

Morocco: Italian Armani & Just Cavalli on Stalls at Morocco Mall

Moroccans can now pick Armani and Just Cavalli goods at Morocco Mall, Group AKSAL announced Tuesday as both Italian global fashion brands join list of other worldwide top brands selling in the North African country. Armani, according to the Moroccan leader in luxury sector, will inaugurate its shop on September 30. The Italian brand will […]