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China-Africa Trade Information Service
Morocco's ambassador to Nigeria Moha Ou Ali Tagma has emphasized the importance of Moroccan-Nigerian cooperation, highlighting the two countries' determination to work in different fields.
The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously increased the Bank’s authorised capital from $1.5 billion to $3.5 billion with effect from January 2023.
Prime Minister Mostafa Madbouly attended Wednesday the signing of a protocol between the Ministry of Industry and Trade, and eFinance to design and launch a digital platform that is intended to serve industrial investors.
Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that Egypt seeks to be a corridor for the transit of clean energy that the African continent enjoys.
Government has signed a $3.2 billion agreement with South African firm, Thelo DB, to upgrade infrastructure on the western railway line.
The initiative which falls under the Britain government’s Job and Economic Transformation Programme seeks to identify investors to aid in retooling the textile factory and produce to meet market demands.
The African Development Bank Group concluded five days of annual meetings in Accra, Ghana on Friday with the current President Dr. Akinwumi Adesina pushing for a more independent Africa.
Petroleum and Mineral Resources Minister Tarek Al Molla said on Monday that eight mega oil refining projects at investments worth EGP 87 billion led to reducing imports by 30 percent. These projects produce 6.6 million tons of products per year.
Minister of Industry and Trade Ryad Mezzour was in Fez yesterday with local industrial operators to sign 10 investment agreements for the region of Fez-Meknes, amounting to MAD 160 million ($15.8 million) and generating nearly 520 direct jobs.