2018/06/11 – As the world’s two largest economies — the US and China — are locked in an escalating trade battle, a visiting Chinese policy expert said the ongoing trade war will enable China to increase its exposure to the GCC and the broader Mena region.
China is increasingly shifting its focus on non-Western countries against the backdrop of the battle. The country is keen on partnering with the GCC countries in infrastructure, industrialization, energy cooperation and financing mechanism, Dr Wu Bingbing of Institute for International and Strategic Studies, Peking University, told The Peninsula, on the sidelines of the “Enriching the Middle East’s Economic Future Conference”.
Continuer à lire … « Trade war: China to increase influence in GCC, Africa »
2018/08/05 – Although Morocco has no official diplomatic ties with Israel, the North African country traded $37 million worth of goods with Israel in 2017 according to the Israeli Central Bureau of Statistics (CBS).
The Israel Ministry of Foreign Affairs published data through its Arabic Facebook page revealing data about its trade with some Arab and Islamic countries, based on CBS statistics. Continuer à lire … « Morocco’s Trade with Israel Totaled $37 Million in 2017 »
2018/07/11 – China has helped launch the first phase of a $3.5bn project to build Africa’s biggest free trade zone in the microstate of Djibouti.
The Djibouti International Free Trade Zone (DIFTZ) is planned as a 48 sq km project, however the first phase will be a $370m, 2.4 sq km pilot zone which will consist of four industrial clusters focusing on processing goods for export, financial support services, manufacturing and duty-free retailing. Continuer à lire … « “Africa’s Dubai”: Chinese group starts work on $3.5bn Djibouti free trade zone »
2016/06/26 – Togo and Thales Alenia Space have signed a contract to install a new ground station in Lomé, aiming to help in search and rescue (SAR) of persons in distress.
Using Thales Alenia Space’s Medium Orbit Local User Terminal (MEOLUT), the latest-generation Medium Orbit Search and Rescue (MEOSAR) technology, this system will enable the instantaneous location of a distress call issued by a beacon operating through the COSPAS-SARSAT system. Continuer à lire … « Togo to install new ground station in Lomé #Security »
2018/05/15 – In the middle of the night a group of Islamist extremists attacked the small town of Banamba, Mali, looting the town bank and freeing prisoners. It was not only money the town lost that November night 2016. The attack closed the town’s only bank, severing an economic lifeline between Banamba and the rest of the Malian economy, leaving local businesses and already vulnerable groups to face an even less certain future. Continuer à lire … « Why the Sahel Must Build Local Economies to Address Regional Security #Mali »
2018/04/11 – The Republic of Chad and the Arab Bank for Economic Development in Africa, BADEA, have signed a loan agreement, whereby BADEA grants Chad a loan of US$15 million, to contribute to the financing of the Drinking Water Supply project in the town of Abeche.The agreement was signed by Dr. Sidi Ould Tah, BADEA Director-General, and Issa Doubrague, Chad’s Minister of Economy and Development Planning BADEA’s loan is refundable over a 30-year period, including a 10-year grace period, with an annual interest rate of 1 percent. Continuer à lire … « Chad, BADEA sign loan agreement of US$15 million »
2018/04/09 – An Israeli campaign is underway in sub-Saharan Africa on winning over African nations, which, partly due to significant Muslim minority populations, have often constituted a bloc of opposition at the UN.
In June 2017, Israeli Prime Minister Benjamin Netanyahu was the first non-African leader to participate in a Summit of the Economic Community of West African States, or ECOWAS. The following November, he attended Kenyan President Uhuru Kenyatta’s swearing-in ceremony in Nairobi, joining leaders from other African countries and holding several bilateral meetings. Continuer à lire … « Why Israel is trying to expand power in Africa »