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Economy



Anglo American and Teck merge in $53 billion copper deal to drive energy transition

Anglo American and Teck Resources have announced a landmark $53 billion merger to create one of the world’s largest copper producers, cementing Canada’s role as a global leader in critical minerals amid surging demand for metals driven by the energy transition. Formation of Anglo Teck and......

BRICS Bank shows interest in Morocco's membership, seeks expansion

The New Development Bank (NDB) of the BRICS coalition is expressing a keen interest in welcoming Morocco as a new member. This information was disclosed by the bank's Chief Operating Officer, Anand Kumar Srivastava, during a recent conference in Rabat focused on government procurement aligned with......

Morocco Launches AfriDou@ne Platform to Enhance African Customs Collaboration

Morocco's Administration of Customs and Indirect Taxes (ADII) has unveiled a groundbreaking initiative aimed at transforming customs operations across Africa. The newly launched "AfriDou@ne" program, a cornerstone of ADII's 2024-2028 Strategic Plan, represents a significant step toward......

South Africa Blocks Morocco's BRICS Aspirations at Kazan Summit

The ongoing BRICS summit in Kazan, Russia has brought to light significant diplomatic tensions as South Africa firmly opposes Morocco's potential inclusion in the expanding economic bloc. The three-day gathering, which commenced on October 22, 2024, has placed the controversial topic of membership......

South Africa Faces Impending Gas Shortage, Intensifying Energy Crisis

South Africa's energy challenges are poised to worsen as the nation confronts a looming gas shortage, exacerbating the longstanding electricity crisis that has persisted for over a decade. This imminent disruption in gas supply from Mozambique threatens to cripple various sectors of the economy,......

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