Connect with us

Musings From Abroad

South Africa confirms Putin won’t attend BRICS summit

Published

on

The controversy around Russian President, Vladimir Putin’s intended visit to South Africa for the Brazil, Russia, India, China, and South Africa (BRICS) summit may have been laid to rest going by confirmation that the Russian leader will be absent at the summit.
The South African presidency confirmed on Wednesday that Putin would instead be represented by its Foreign Minister, Sergei Lavrov at the Johannesburg summit scheduled for August.
South Africa will host the 15th BRICS Summit at the Sandton Convention Centre in Sandton, Johannesburg, from August 22 to 24, 2023.
The South African presidency had asked a court for permission for the International Criminal Court (ICC) not to arrest Putin because to do so would amount to a declaration of war. In March, the ICC issued an arrest warrant for Putin, accusing him of the war crime of illegally deporting children from Ukraine.
Meanwhile, Russia has maintained that it did not tell South Africa that arresting Putin on an ICC arrest warrant would mean “war”. Kremlin spokesman Dmitry Peskov told reporters, however, that everyone understood— without having it explained to them— what an attempt to infringe on Putin’s rights would mean.
BRICS constitutes 40 percent of the world’s population and about a quarter of the global GDP.
North African neighbours, Egypt and Algeria had both expressed interest to join the bloc in the past. Outside Africa, Bangladesh, Argentina, Iran, Indonesia, Saudi Arabia, and Turkey have also expressed interest in joining the alliance.

Musings From Abroad

China’s Hailiang, Shinzoom to establish vehicle battery installations in Morocco

Published

on

Hailiang and Shinzoom, Chinese car battery makers, will establish two separate operations in Morocco as the country strives to adapt its burgeoning automotive sector to rising demand for electric vehicles, Moroccan officials announced on Tuesday.

Tanger Tech, the Moroccan northern industrial zone’s development authority, said Hailiang intends to establish a $450 million copper facility on a 30-hectare plot of land. Shinzoom, a subsidiary of Hunan Zhongke, plans to invest $460 million in an anode plant spanning 20 hectares, according to a statement.

In April, the Moroccan government approved Chinese electric battery company BTR New Material Group (835185.BJE)’s plans to build a factory in Tangier to manufacture crucial component cathodes.

Another Chinese firm, CNGR Advanced Material (300919.SZ), plans to develop a cathode plant in Jorf Lasfar, 100 miles south of Casablanca, where the government has set aside 283 hectares for electric battery sectors.

Last year, the Moroccan government and China’s Gotion agreed to examine establishing an electric vehicle battery plant in the country, with a potential investment of up to $6.3 billion. Last month, Industry Minister Ryad Mezzour told Reuters that the Gotion project was moving forward, with conversations over its footprint and location.

Morocco’s strategic location on the Strait of Gibraltar, free trade agreements with important EU and US markets, and existing automotive sector cluster all attract Chinese enterprises.

In 2023, the automotive sector topped Morocco’s industrial exports with $14 billion, a 27% increase. Morocco is home to Stellantis (STLAM.MI) and Renault (RENA.PA) production factories with an annual combined capacity of 700,000 automobiles, as well as a network of local suppliers.

Continue Reading

Musings From Abroad

Prince Harry, Meghan treated to street-style dances in Nigeria as their trip winds down

Published

on

On Sunday, Prince Harry and his wife Meghan were treated to street-style dances in Lagos, Nigeria’s commercial capital, where they announced a partnership between their Archewell Foundation and the non-profit Giants of Africa, which utilizes sports to empower young people.

The Duke and Duchess of Sussex are making their first visit to Nigeria, where they were welcomed by the country’s chief of defence staff. The couple watched basketball practice at Ilupeju Senior Grammar School on Lagos Mainland, where Harry participated in ball-bouncing drills and shot a hoop.

“What you guys are doing here at Giants of Africa is truly amazing,” he said. “The power of sport can change lives. It brings people together and creates community and there are no barriers, which is the most important thing.”

The couple watched basketball practice at Ilupeju Senior Grammar School on Lagos Mainland, and Harry stepped on the court for some ball-bouncing drills and to shoot a hoop.

Former Toronto Raptors star Masai Ujiri, president of Giants of Africa, wished Meghan a happy Mother’s Day and said his organization was uniting communities and uplifting young people through sport, especially. Archewell Foundation and Giants of Africa will construct a basketball court in Nigeria’s capital Abuja.

“Talk about full circle again – never did I think we would be able to be here all those years later supporting the expansion of this incredible organization,” she said.
Harry and Meghan were set to round off their Lagos trip by attending a reception for a local charity. The couple live in the United States with their two children after Harry gave up working as a member of the royal family in 2020.

Continue Reading

EDITOR’S PICK

Politics12 hours ago

Nigeria 2027: Opposition party chieftain Atiku vows to support Obi if …

In Nigeria, the 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has hinted that he would support the...

VenturesNow13 hours ago

Nigeria: Court insists Binance executive can face trial on behalf of firm

In an ongoing tax evasion case, a Nigerian court decided on Friday that Binance executive, Tigran Gambaryan, may go to...

Tech15 hours ago

How Nigerian online connection hub Workjeje helps with access to quality service providers

A Nigerian online connection hub, Workjeje, has revealed how it is connecting individuals and corporate bodies to quality service providers...

Sports16 hours ago

Egyptian midfielder Elneny announces departure from Arsenal after eight years

Egypt and Arsenal midfielder, Mohamed Elneny, has announced his departure from the club at the end of this season after...

Culture16 hours ago

Nigerian moviemakers Funke Akindele, Mo Abudu, Jade Osiberu named in Hollywood Reporter’s Powerful Women in Film list

Foremost Nigerian moviemakers, Funke Akindele, Mo Abudu, and Jade Osiberu have been named in the Hollywood Reporter’s list of the...

Politics16 hours ago

Senegal: PM Sonko condemns French military bases on territory

Senegal’s Prime Minister, Ousmane Sonko, in a detailed speech on Friday, touched a range of national issues, including the euro-backed...

Metro22 hours ago

Tinubu’s ‘Renewed Hope Agenda’ repositioning Nigeria as global investment hub— VP Shettima

Vice President Kashim Shettima believes the “Renewed Hope Agenda” of the President Bola Tinubu administration is gradually transformating Nigeria into...

Tech1 day ago

Dubai’s cybersecurity firm CyberKnight sets up business in Africa

Dubai-based cybersecurity company, CyberKnight, has expanded its business into Africa by opening an office in Egypt. CyberKnight, a cybersecurity advisory...

VenturesNow2 days ago

Nigerian govt denies reports it plans to borrow pension fund for infrastructure

The Nigerian government has denied reports that it plans to borrow the N20tn pension fund to finance infrastructural projects. In...

Politics2 days ago

Gambian ex-minister convicted in Swiss court for crimes against humanity

In a landmark decision utilizing Europe’s universal jurisdiction, a Swiss court on Wednesday found a former Gambian government minister guilty...

Trending