Morocco to review its fisheries partnership with EU
Morocco is reviewing its current fisheries partnership with the EU in a way that takes into account its own fishing strategy and biological factors, Foreign…
Category: AFRICA
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Development banks can boost lending by $200 bln – Paris summit
PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more tightly and…
IMF working on global central bank digital currency platform
RABAT – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing…
Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems
RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it told Reuters, as one of…
Auto firms race to secure non-Chinese graphite for EVs as shortages loom
LONDON – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV)…
Nigeria, Morocco, Cote D’ivoire, Liberia, Benin, Guinea Sign Mous On Nigeria-Morocco Gas Pipeline Project
Abuja, Nigeria, June 16th, 2023. West Africa marked another important milestone in energy sustainability, at the headquarters of the Economic Community of West African States…
India’s Modi seeks African Union’s full membership in G20
NEW DELHI – Indian Prime Minister Narendra Modi has written to the leaders of the G20 nations proposing the African Union be given full, permanent…
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance…
Inside OPEC+, Saudi ‘lollipop’ oil cut was a surprise too
LONDON, June 9 (Reuters) – Saudi Arabia kept under wraps its plan to make a deep cut to its own oil output during a weekend…