MEDI1TV Afrique : JT Economie - 03/01/2025
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00:00Hello and welcome to this new edition of the Journal of the Economy, as one of the national
00:13economic news, studies reveal that the Moroccan market has unexploited opportunities estimated
00:19at 12 billion dirhams of potential exports to Africa, according to the Secretary of State
00:25of the Ministry of Industry and Commerce, in charge of foreign trade.
00:30These studies also shed light on additional perspectives in various regions of the continent,
00:36including 60 investment projects likely to strengthen Moroccan exports.
00:42The volume of trade between Morocco and African countries has gone from 36.3 billion dirhams
00:50to 52.7 billion in 2023.
00:53According to the same source, exports to African countries represent 7.6% of the total
01:00Moroccan exports.
01:01In detail, phosphates and their derivatives make up two-thirds of these exports, followed
01:07by fishing products with 36%, vehicles 38%, textiles and clothing 2%, leather products
01:1436% and electrical equipment with 19.5%.
01:20In African economic news, Ethiopia will benefit from a loan of 700 million dollars
01:26from the World Bank to support the implementation of the project of strengthening its financial
01:32sector.
01:33However, an agreement on this loan has been signed by the Ethiopian Minister of Finance
01:37and the representative of the World Bank in the region.
01:40According to the Ethiopian Ministry of Finance, this financing from the World Bank supports
01:45the recent bold reform of the government aimed at modernizing and liberalizing banking operations
01:52in the country.
01:53In international economic news, loans to the private sector of the euro zone have slowed
01:59their progress in November, after five months of acceleration in a context of uncertainty
02:05that slows down activity.
02:07According to the Central European Bank, loans to companies and households adjusted to certain
02:12financial operations have progressed by 1.5% over a year, or a tenth of a point less than
02:19in October.
02:20Loans to companies have increased by 1.0%, or 0.2% less than in October.
02:27Loans to households have progressed by 0.9% over a year, or a tenth of a point more than
02:33in October and the fifth rise in a row since June, while remaining drawn by loans to
02:39consumption.
02:40Real estate loans have also slightly accelerated to 0.9%, but remain far from the level of
02:46growth higher than 5% observed until mid-2022 before the rapid rise in rates.
02:52We are still in Europe, the production of renewable energy in Portugal reached a new
02:58record in 2024, providing nearly 71% of the electricity consumed thanks to an increase
03:05in the installed capacity.
03:07According to data from the National Energy Network, for a total of 36.7 terawatt-hours
03:14in renewable energy, hydroelectricity produced 28% of the electricity consumed in the country
03:20last year, followed by wind 27%, photovoltaic energy 10% and biomass 6%.
03:28It is the production of photovoltaic energy that has experienced the strongest rise in
03:34a year at 37%, while the total consumption of electricity reached its highest level
03:40since 2010.
03:41The production of non-renewable energy accounted for only 10% of the total consumption, almost
03:47all of it coming from natural gas.
03:50Natural gas consumption, mainly imported by sea from Nigeria and the United States,
03:56fell by 17% last year, its lowest level since 2003.
04:02We continue our newspaper in China.
04:04The electric vehicle manufacturer BYD announced a strong increase in sales in 2024, a new
04:11sign of the company's booming growth despite many challenges on the international market.
04:17The company sold more than 4.2 million vehicles in 2024, all categories combined,
04:24an increase of 41.3% compared to 2023.
04:29The Chinese manufacturer had already announced in October that it had surpassed its world rival Tesla for the first time
04:35in terms of quarterly sales figures.
04:38The rapid growth of BYD sales and other electric vehicle manufacturers on the
04:43national market has been partly facilitated by generous subsidies from Beijing.
04:49The United States and Canada increased customs rights on Chinese electric vehicles by 100% in 2024.
04:56Despite these obstacles, BYD sold more than 57,000 vehicles out of China in December,
05:02an increase of 58.3% over a year.
05:06This is the end of your newspaper.
05:07Thank you for following it.
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