CASABLANCA, Morocco, November 25, 2024/ — KAOUN International (www.KAOUN-int.com/), Organizer of GITEX, Launches WAM Morocco 2025 with Commitment and Unified Support from Morocco’s Ministry of Industry and Trade, CGEM, and AMDIE; WAM Morocco 2025 Will Spotlight Advanced Manufacturing, Sustainable Practices, Next-Gen Logistics, and AI Innovation to Accelerate Industrial Growth. The World Advanced Manufacturing & Logistics Expo & Summit (WAM Morocco) will debut in Casablanca, with unified support to catalyse Morocco’s thriving manufacturing economy towards next-generation industries. Endorsed by the Moroccan Ministry of Industry and Trade and in partnership with key partners,…
Year: 2024
Brics+ countries are determined to trade in their own currencies – but can it work?
By:Academic Journalist, Lauren Johnston Associate Professor, China Studies Centre, University of Sydney The Conversation ,First Published,26th November,2024 Photo(Brics Summit 2024) Brics+ countries are exploring how they can foster greater use of local currencies in their trade, instead of relying on a handful of major currencies, primarily the US dollar and the euro. The forum for cooperation among nine leading emerging economies – Brazil, China, Egypt, Ethiopia, India, Iran, Russian Federation, South Africa, United Arab Emirates – emphasised this determination at their 16th summit in October 2024. Economist Lauren Johnston recently wrote a paper on…
eFinance Investment Group and Cassava Technologies Sign Partnership to Drive Business Expansion Across Egypt and Africa
CAIRO, Egypt, November 26, 2024/ — eFinance Investment Group and Cassava Technologies (www.CassavaTechnologies.com) have signed an agreement to explore and identify opportunities for collaboration and joint expansion across Africa. The signing ceremony took place during the 28th Cairo ICT Exhibition and Conference, held under the auspices of President Abdel Fattah El-Sisi. eFinance Investment Group and Cassava Technologies plan to leverage each other’s respective strengths and experience. Cassava Technologies will bring its extensive African footprint, infrastructure, and continental experience, whilst eFinance will bring its strong market presence and reputation as Egypt’s…
Africa must strengthen accountability and governance to prosper — Botswana President Duma Boko
GABORONE, Botswana, November 25, 2024/ — Africa’s economic success and sustainability are intrinsically linked to accountable governance, Botswana’s President, Duma Boko, stressed at the opening of the 2024 African Economic Conference in Gaborone. “Peace and stability in Africa must be anchored on accountable and responsive governance,” the president said adding, “This is a fundamental human right for every African citizen. It sets the requisite bedrock for any form of measure for our economic development and its sustainability.” He also called on African countries to strengthen democracy and uphold the rule…
Dubai Property Market sets new benchmarks with Over 50,000 Sales Transactions
Dubai, United Arab Emirates, 20 November 2024: The real estate market in Dubai continues to grow at an exponential rate, driven by increasing demand as an investment destination, relaxing land ownership regulations, the increasing inflow of expats to the Emirate and convenient payment plans offered by developers. Breaking records in standard Dubai style, sales of real estate in the third quarter of 2024 achieved an unmatched milestone, with a total value of almost AED 141.9 billion ($38.7 billion). This surpasses the previous record of AED 124.07 billion ($33.8 billion) set…
Africa Finance Corporation (AFC) Secures US$300 Million Loan, Expanding Investor Base with Indian Lenders
DUBAI, United Arab Emirates, November 18, 2024/ — Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a significant milestone in its ongoing strategy to diversify its international investor base. The transaction introduced a new group of lenders from India, further expanding AFC’s global partnerships. This landmark transaction, commemorated in Dubai, underscores AFC’s robust standing as an investment-grade rated development financial institution with a unique ability to attract diverse global investors, furthering its pivotal mission to catalyse infrastructure development…
Kulkpiniduli market Establishment Issue brought to rest
Story: Abdul Razak Mohammed The reported near stand-off between Dagomba and Konkomba youth group opponents and proponents to the planned establishment of a new market on the 23rd August at Kulkpiniduli in the Yendi Municipality and Mion District in Ghana’s Northern Region, has been brought to rest as the Dagbon Traditional Council(DTC) intervened and stamped its authority on the matter. This yet another undesirable development nearly took the shine out of a pragmatic Dagomba-Konkomba peace restoration, building and conservation initiative pursued following the 6th August,2024 community violence at Zobgei, also…
Averting Inter-Ethnic War in Dagbon,Northern Ghana
Your Royal Highnesses; Naa Bakpema Kari-Naa Abdulai Natogmah Naa Bapira Demon Naa Alhassan Naa Bapira Zangbalin-Naa Naa Yeba Ngan-dana Naa Bapira Gbungbali-Naa Saboba Naa Ubor Bowan John Sakojim IV Waapuli Naa Naalongni Naa Ubor Biniyam Collins IV Garimata Naa Nkpegu Naa Kunji Tamanja Kumakeek Naa Tangmee Majoriba The Security Elders, Chiefs and People of Mion Traditional Area Media Ladies and gentlemen: It is for peace that Your Royal Highnesses have paid a royal visit to me, my elders and the good people of Mion Traditional Area. Your visit isarightstep that…
Dagomba-Konkonba Peaceful Co-Existence Spans 300 Years
Story: Abdul Razak Mohammed His Royal Majesty, ndan,Ya Naa Abukari I, the King of Dagbon (Dagomba Kingdom), Northern region of Ghana, says Dagombas and Konkombas have an age-long good neighborliness, mutual respect and peaceful co-existence track record. This, he noted, spans a period of three hundred years until sadly and from nowhere, bad blood crept into their midst since the 1990s resulting into the first ever Dagbamba-Konkomba armed conflict. His Royal Majesty said humans as they are, cannot once a while, escape misunderstandings and conflicts and should they happen to…
Editor’s Pick
At this most crucial moment in Ghana’s development history, it is disheartening to hear of incidents like the recent Zogbie one that has led to the loss of precious lives. The various ethnic groups in the Northern region should consider the fact that, they are never real enemies against each other but rather, poverty, squalor and under development is their real common enemy they need to confront together in their own interest. We of the Economic and Environmental News Africa magazine, therefore wish to implore the youth in the northern…
