R/€ = 16.83 Change: 0.26
R/$ = 14.29 Change: 0.35
Au 1207.40 $/oz Change: 5.00
Pt 835.50 $/oz Change: 18.16


South Africa leads AU trade ministers in discussions on WTO issues

By: African News Agency      19th September 2017 South Africa’s Minister of Trade and Industry Dr Rob Davies and Deputy Minister Bulelani Magwanishe have returned from Ethiopia where they attended the Informal Meeting of African Union Ministers of Trade on World Trade Organisation (WTO). The meeting took place at the African Union Headquarters... 

Climate change is a global challenge – Zuma

By: African News Agency      19th September 2017 Climate change is a global challenge and developing countries should be provided with adequate support for their mitigation and adaptation actions, President Jacob Zuma said on Monday. “Climate change is a global challenge that requires no one to be left behind. The whole world affirmed this in... 

Canada accelerates transition to clean power; to phase out coal-fired generation by 2030

By: Henry Lazenby     22nd November 2016 The Liberal Canadian federal government on Monday announced accelerated plans to transition the economy to renewable energy sources, saying it would aim to phase out coal-fired plants by 2030. According to Environment and Climate Change Minister Catherine McKenna, coal-fired electricity... 

Marrakech climate conference focuses on cities, towns implementing Paris Agreement

By: African News Agency      11th November 2016 The United Nations Climate Change Conference (COP 22) in Marrakech, Morocco, has put its spotlight on cities, towns and regions around the world that are making efforts to reduce their carbon emissions. These cities and towns are striving to play a key role in implementing the Paris Agreement,... 

Ramp up efforts to lower carbon emissions, warns former Greenpeace leader  

By: Kim Cloete     3rd November 2016 Former Greenpeace executive director Kumi Naidoo has called for major changes in a bid to deal with “irreversible, runaway and catastrophic” climate change. He told delegates at the annual Windaba, in Cape Town, that even the approach of the environmental movement and progressive parts of society... 

Tangier–Casablanca–Marrakech railway route project, Morocco

By: Sheila Barradas     19th February 2016 The project involves the construction of a second line linking the cities of Settat and Marrakech. 

AfDB extends $112.3m loan to Morocco to extend rail network

By: Natalie Greve     29th January 2016 The African Development Bank (AfDB) has approved a $112.3-million loan to Morocco for the improvement of infrastructure on the Tangier–Casablanca–Marrakech railway route. Allocated to the Moroccan National Railways Office (ONCF), the funds would be used to develop a dual rail line between the... 

AfDB, Commerzbank set up $100m trade finance facility

21st June 2013 The African Development Bank (AfDB) has signed a $100-million unfunded risk-participation agreement (RPA) with Germany-based international bank Commerzbank AG, ahead of the 48th AfDB yearly meetings. The agreement, signed on May 29 in Marrakech, Morocco, stipulates that the two banks will share... 


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