MEDI1TV Afrique : JT Economie - 14/02/2025
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00:00Hello and welcome to your economic meeting on Median.
00:13We start with national news.
00:15Morocco, with its dynamic economy and its young and motivated workforce,
00:20constitutes an ideal market for the expansion of American franchises.
00:24This is what said Marissa Scott, the US Consul General in Casablanca.
00:29As part of the Morocco Franchise Exhibition 2025 initiated by the Moroccan Franchise Federation,
00:35Scott also stated that it is thanks to a stable and attractive investment climate
00:40that several American franchises have already succeeded in their expansion to the kingdom.
00:44Highlighting the potential of the Moroccan market for American companies,
00:49she estimated that the collaboration of American franchises with Moroccan entrepreneurs
00:53contributes to the creation of jobs and to the strengthening of economic ties between the two countries.
00:58Still in the kingdom, the Spanish government approved a loan of about 7.8 billion dirhams
01:04to support the purchase of trains in Morocco.
01:07According to Iberian media, this operation was approved by the Council of Ministers.
01:11An official statement specifies that a loan,
01:14refundable under preferential conditions determined by the OECD,
01:18funded by the Fund for the Internationalization of Enterprises,
01:21is granted to the ONCF and the Moroccan Ministry of Economy and Finance
01:26for the supply project of up to 40 interurban trains of a maximum value of 754 million euros.
01:33After the separation of the Spanish Talgo, the French Alstom and the Chinese CRRC Zouzou Locomotivco,
01:40the Korean Hyundai Rotem and the other Spanish CAF remain in place
01:44to provide the ONCF with intercity trains, TNRs and RERs.
01:49This initiative is based on the decision of Morocco during the initial phase
01:53of the contribution of the contract of 150 trains to keep only these two claimants.
01:57The global agreement includes 168 trains, 18 of which are at high speed,
02:02for a total amount of about 1.8 billion euros.
02:06The Moroccan group Manajem and the Canadian mining company Barrick Gold Corporation
02:11have announced the signing of a strategic alliance.
02:14The objective is to develop ore exploration in Senegal
02:17on the research permits of Aourala, Noumoufouka and Faraba,
02:21covering a total area of 820 square kilometers.
02:24These permits are located in a prolific geological framework
02:28which extends from the west of Mali to the east of Senegal,
02:31a region that has already experienced several major discoveries of gold deposits.
02:35As part of this agreement, Barrick Gold Corporation will invest an amount of 7.5 million dollars
02:42during the first two years, to which a second investment of 15 million dollars
02:47will be added between the third and seventh years.
02:49The objective is to carry out a study of forecasting confirming
02:53a potential of at least 2 million tons of gold.
02:56This operation will allow Manajem to strengthen its presence in Senegal.
03:00Staying in Africa, the African Growth and Opportunity Act,
03:04a trade agreement with the United States,
03:06of which Pretoria benefits, could be challenged by the new American administration.
03:11First economy of the continent, South Africa exports two-thirds of the vehicles it produces,
03:17of which a good part to the United States.
03:19The president of the South African Chamber of Commerce in the United States,
03:23Neil Diamond, stated that he did not think that South Africa
03:26is a chance to get a renewal of the AGOA.
03:29After days of attacks from the new American administration,
03:33this Diamond prognosis can shake the automotive industry.
03:37This 2,000-year-old agreement offers preferential export conditions
03:41to many countries on the continent.
03:43Since its entry into force, Washington has been exempt from customs rights.
03:47The cars coming from South Africa are the first beneficiaries of this agreement.
03:51With more than 200 billion dirhams from trade exchanges in 2024,
03:57economic relations between Turkey and the Arab world are experiencing a continuous expansion.
04:02As part of the third day of the World Government Summit 2025,
04:07the president of the Turco-Arab Economic Forum, Murad Evren,
04:11stressed that the Global Economic Partnership Agreement
04:14between the United Arab Emirates and Turkey
04:17has contributed to an increase of 11% of trade between the two countries in 2024.
04:23This agreement has also strengthened bilateral investments,
04:26notably in the sectors of solar and hydroelectric energy, as well as in aviation.
04:31He added that the Turco-Arab Economic Forum
04:34emphasizes the strengthening of economic ties
04:37with the countries of the Gulf Cooperation Council and North Africa.
04:40Murad Evren also said that more than 80% of Turkey's foreign trade
04:45is made with Central Asia, the Middle East, Europe and North Africa.
04:50To Asia, Alibaba will partner with Apple
04:54to support the offer of IAEA services to iPhones in China,
04:58a measure likely to help the American company
05:01to mitigate the drop in smartphone sales on its key market.
05:04For Alibaba, this partnership represents a major victory
05:08on the IAEA's competitive market in China.
05:11This historic agreement also puts an end to months of speculation
05:14about Apple's artificial intelligence strategy in the region,
05:18with the iPhone manufacturer speaking to Chinese technological leaders
05:22in Baidu, Batdance and Tencent.
05:25We close this economic newspaper in Japan.
05:28Japanese car manufacturers Nissan and Honda
05:31announced on Thursday the abandonment of their discussions
05:34in view of a merger started in December.
05:37The initial goal was to associate Honda and Nissan forces,
05:40respectively second and third Japanese manufacturers,
05:43behind the world leader Toyota,
05:45and even to associate a third manufacturer, Mitsubishi,
05:48in order to better negotiate the expensive and strategic turn of the electric sector.
05:53Focused so far on hybrids,
05:55the Japanese groups have taken considerable delay.
05:58The sector is currently dominated by the American Tesla
06:01and Chinese manufacturers like BYD.
06:04A marriage of Nissan and Honda
06:06has enabled scale economies to emerge
06:08to finance both research and the evolution of the industrial tool.
06:12Honda is in a strong position
06:14and its stock market capitalization is five times higher than that of Nissan.
06:18Hareklam has transformed Nissan into a single subsidiary,
06:21an unacceptable scenario for the latter,
06:23anxious to preserve its autonomy.
06:25But despite the merger being aborted,
06:27the manufacturers promised to collaborate
06:29as part of a strategic partnership.
06:32We come to the end of this economic newspaper.
06:34Stay tuned for the rest of the program on Median.