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EU Readies Trade Countermeasures as US Negotiations Hang in the Balance
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The European Commission stated on Thursday that a range of American goods could face possible EU tariffs if talks between the EU and the U.S. government reach an impasse. This includes leading U.S. company Boeing in the aerospace sector. We think there are excellent opportunities to create beneficial arrangements for consumers and enterprises across…
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French DevAgency Boss Leads Key Mission in Moroccan Sahara
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On May 10, Rabat – According to GNA/MAP reports, Rioux revealed this information at a press conference after he met with Minister of Foreign Affairs, African Cooperation, and Moroccans Living Abroad, Nasser Bourita, on Friday in Rabat. The AFD CEO stated that his trip is a component of executing the Joint Declaration signed in…
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UAE Joins Nigeria-Morocco Gas Pipeline: A Game-Changer for Africa’s Energy Future
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The pipeline project linking Nigeria to Morocco is gaining momentum with the announcement of the United Arab Emirates’ involvement in funding this colossal $25 billion venture, aimed at transporting Nigerian gas to Europe via Morocco. Morocco’s Minister of Energy Transition, Leila Benali, shared this development with parliamentarians, noting that other major investors and financial…
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Why Africa Should Unite Economically Against US Tariffs, Not Retaliate Fragmentedly
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By Ephraim Ofori NUMOSUOR In an era marked by geopolitical maneuvers driven by economics and strategic partnerships, Africa must not stay as a collection of disconnected markets. The recently implemented tariffs imposed by the United States on numerous imports, which include goods from Africa, have prompted distinct reactions from different countries across the continent.…
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UAE Pledges $25 Billion for Ambitious Morocco-Nigeria Gas Pipeline Project
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The United Arab Emirates has consented to participate in a massive natural gas pipeline initiative set to link Nigeria with Morocco and ultimately extend to Europe. Morocco’s Minister for Energy Transition and Sustainable Development, Leila Benali, informed legislators on Tuesday that the UAE has become one of the backers of this initiative, projected to…
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EU Considers Targeting $100B+ in U.S. Goods with Tariffs (International Edition)
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The EU is planning to impose tariffs on approximately 100 billion euros ($113 billion) worth of American products as a countermeasure against President Donald Trump’s extensive duties, should negotiations not succeed. This information was shared by European diplomats with AFP on Wednesday. Since March, Trump has implemented several increased tariffs on Europe, and in…
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APAC Banks Lead EU in Digital Adoption, But Branches Still Matter
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Malaysia and the Philippines expanded their branch networks between 2019 and 2023. Banks in the Asia Pacific region outpace their European peers by a median of 4.5% in digital adoption , although physical branches are not going anywhere for some markets. Digital channels now account for 60% of basic financial product activities across the…