EU to Slap Additional 38% Tariff on Chinese EV
Following its investigation, the EU announced plans to impose an additional tariff of up to 38.1% on Electric Vehicles (#EV)
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Manufacturing
China’s Hailiang and Shinzoom to Enter Morocco’s EV Ecosystem
On 14 May 2024, Chinese firms Hailiang and Shinzoom signed agreements with Tanger Med Group at the Bank of Africa
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Chinese EV Battery Makers Turn to Morocco
On 29 March 2024, Chinese battery maker, Jiangsu BTR New Material Group, announced that it has been granted approval by
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BII Invests $65M to Expand Indorama’s Agrochemical Production in Nigeria
British International Investment (BII) joined an IFC-led consortium — including commercial banks, impact investors and other #DFI — to invest
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WEF 2024 Promotes Local Value Addition to Enhance Growth in Africa
During the 54th World Economic Forum 2024 (#WEF2024), discussions about Africa took place as a side event. The major theme
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Fiat Algeria Accelerates to Leave Renault Behind
In November 2022, Fiat kicked off the construction of its new assembly plant in the Tafraoui Special Economic Zone (#SEZ)
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Mali and China Explore More Local Value Addition for Cotton
Malian External Affairs Minister (EAM) Abdoulaye Diop led a delegation on an official visit to China from 6 to 10
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Kenya Bags $4.5B For Green Industrialization at COP28
On the sidelines of COP28, President William Rutto was multiplying bilateral meetings with other countries and companies as part of
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Zimbabwe Pushes for More Local Value Addition of Lithium
In the 2024 National Budget, Zimbabwe Finance Minister Mthuli Ncube clarified that although concentration of lithium ore is step in
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Human Capital Key for Africa to Escalade the Global Value Chains
During the African Economic Conference 2023 (#AEC2023), experts came to the conclusion that one of the key success factors for
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