MEDI1TV Afrique : JT Economie - 01/04/2025
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00:00Hello and welcome to your economic meeting on Médien.
00:12We start with national news, the X-Lynx project, which aims to move towards the United Kingdom of green energy,
00:19from solar and wind sources in Morocco, could meet 8% of the country's electricity needs.
00:26Sir Nick Harvey emphasizes the importance of this initiative to reduce energy infrastructures and strengthen the country's energy independence.
00:35He also highlights the crucial role that Morocco could play in the British energy strategy
00:41and, according to him, diversifying energy sources and moving away from fossil fuels is essential
00:47not only to meet climate commitments but also to protect consumers from market fluctuations.
00:53For Sir Nick Harvey, strengthening energy independence goes through innovative solutions such as the X-Lynx project.
01:00He highlights Morocco's major asset, a constant supply of solar and wind,
01:05unlike the British climate, which does not allow enough energy to be produced.
01:10This direct connection with Morocco would therefore allow to alleviate the limits of British renewable infrastructures,
01:16often affected by meteorological whims.
01:19In addition to guaranteeing a stable energy source, X-Lynx is part of a 300-year trade relationship between the United Kingdom and Morocco.
01:28This partnership could create hundreds of jobs and promote the increase in competence of the local workforce.
01:35Still in the kingdom, Morocco has successfully raised 2 billion euros on the euro-obligation market,
01:40benefiting from a strong boost in investors.
01:43This show, motivated by more attractive European rates, will finance infrastructure projects related to the 2030 World Cup.
01:50This operation has aroused great interest among international investors, with offers exceeding 6.75 billion euros.
01:58Nadia Ftah, Minister of Economy and Finance, had recently stated that Morocco had an increased need for euros compared to dollars.
02:06This orientation has been translated by the drop in the income of Moroccan obligations to the euro.
02:11An operator of the market emphasizes that this fund raising was anticipated from the end of 2024,
02:16while funding was mainly focused on the local market.
02:21The show has also been influenced by favorable monetary conditions in Europe.
02:26Analysts believe that the choice of the euro is strategic, benefiting from more competitive interest rates than those of the dollar,
02:32especially since the US Federal Reserve has not yet reduced its directorial rate.
02:37According to estimates, investors expected by 2035, including reconstruction costs after the 2023 quake, could exceed 35 billion dollars.
02:47Despite its status as a speculative country by rating agencies, Morocco continues a strategy aimed at optimizing its debt cost.
02:56Staying in Africa, the World Bank is financing several projects aimed at promoting education and developing energy resources in Mauritania.
03:04This is what the Mauritanian Ministry of Economy and Finance said.
03:08The Board of Directors of the World Bank approved, at its meetings held on March 21 and 27,
03:15the financing of two structural projects aimed at supporting the education, energy and mining sectors in Mauritania.
03:22With a funding of 137 million dollars, the first joint project between Mauritania and Chad
03:28aims to support the education sector at the regional level.
03:33As for the second project, it is aimed at developing energy and mining resources,
03:38with a funding estimated at 82.5 million dollars, the ministry said.
03:44The Board of Directors of the World Bank discussed on Monday the approval of a new phase of the Women's Autonomization Project
03:51and demographic dividends in sub-Saharan Africa.
03:54According to the ministry, Mauritania will benefit from a funding of 20 million dollars.
04:00The competition authority condemns Apple to 150 million euros in fines.
04:05The regulator judges that the implementation of LabTracking Transparency,
04:09Apple's new rules for advertising tracking, which appeared in 2021, is anti-competitive.
04:15It was a very long-awaited decision by the actors in the advertising sector in France,
04:20who are congratulating themselves today on a great victory.
04:23The French decision could trigger similar investigations
04:26aimed at companies in Germany, Italy, Poland and Romania.
04:30And its anti-trust authorities associated with Paris and Brussels regularly exchange on this subject.
04:35These new rules around the limitation of advertising tracking, introduced by the group in 2021,
04:41have represented a major upheaval for the monetization of free applications on iPhones and iPads.
04:47Direction Asia, Japan, Korea and China unite in the face of the American customs offensive.
04:54The ministers of industry and commerce of the three countries met urgently in Seoul
04:59to discuss a free trade agreement in the face of the withdrawal of customs rights decided by Washington.
05:05Discussions on such an agreement had begun in 2013 and took place until 2019 before marking the step.
05:12They were relaunched in 2024 on the occasion of an exceptional tripartite summit
05:17bringing together the leaders of the three countries in Seoul.
05:20For Japan, Korea and China, it is a matter of progressively intensifying their cooperation
05:26in order to create a predictable commercial environment, stabilize supply chains
05:31and improve communication on export controls.
05:35In Europe, they represent about 20% of the world's population,
05:39a quarter of the global economy and 20% of global trade.
05:43We come to the end of this economic news.
05:46Have a good rest of the program on Mediain.