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Medi1TV Afrique
  • 12/12/2024
MEDI1TV Afrique : JT Economie - 11/12/2024

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Transcription
00:00Hello and welcome, it's time for your Economy News.
00:11We start our edition of this Wednesday in Morocco.
00:15The Institute of Research in Solar Energy and New Energy has signed a financial aid contract
00:20worth 13.5 million euros with the German Development Bank.
00:26This financial support aims to support the creation and development of the Green H2E platform.
00:32This contract provides a first payment of 3.5 million euros.
00:36The platform, co-developed by the Institute of Research in Solar Energy,
00:41the OCP Group and the Mohamed VI Polytechnic University,
00:45will play a key role in the industrial deployment of the green hydrogen sector
00:50and its applications in Morocco.
00:52It will allow to explore, test, demonstrate and adapt to the local context
00:57the innovative technologies of this promising sector.
01:01In Morocco, the African Development Bank once again supports
01:05the National Office for Electricity and Water on the fringes of the African Investment Forum in Rabat.
01:11The Pan-African institution has signed a financing agreement of 104.7 million euros in favor of the office.
01:18This agreement aims to digitize the processes of the ONEE,
01:22strengthen the production of drinking water in several urban conglomerates
01:26and improve the performance of drinking water supply systems in several regions of the kingdom.
01:32This financing marks a major turning point, being the first support of the ONEE BAD
01:37for innovative operations in the field of digitization of office activity.
01:43Note that the cooperation between the ONEE and the BAD in the sectors of drinking water
01:48and sanitation dates back to 1978,
01:51with a global financial contribution of 9 billion dirhams from the BAD.
01:56The ONEE remains the first partner of the BAD in Morocco and internationally.
02:01Now let's move on to international economic news.
02:04The United Arab Emirates, which hosts the regional headquarters of many companies,
02:09imposes a tax on the benefits of multinationals.
02:13It should expect 15% of the profits of the companies concerned
02:17and will be applied from January 2025.
02:20According to the Emirati Ministry of Finance,
02:23this measure will allow the country to diversify its economy
02:26and above all to respect its commitment to implement the solution of the two pillars
02:31of the Organization of Cooperation and Economic Development,
02:34which aims to establish a fair and transparent fiscal system.
02:38In total, nearly 140 states agreed at the end of 2021
02:43on a minimum taxation of multinationals under the OECD agenda,
02:48consisting of two pillars.
02:49The first aims at a better distribution of the tax on digital giants
02:54and the second, a minimum tax of 15% on companies.
02:59The measure will apply to multinationals whose consolidated global turnover
03:04has risen to at least €750 million
03:08over at least two of the previous four financial exercises.
03:12Direction now Germany.
03:14Inflation has continued to rise in November,
03:17drawn by the prices of services,
03:19but without changing the expectations of the new drop in rates by the European Central Bank.
03:23According to the Institute of Statistics,
03:25the index of consumption prices has increased by 2.2% over a year
03:30in the first European economy.
03:32While the European Central Bank has committed to a cycle of drops in direct rates,
03:37the annual inflation rate has continued to progress,
03:40after reaching 2% in October,
03:42an increase compared to September estimated at 1.6%.
03:46The harmonized index of prices used by the European Central Bank
03:50has on its side reached 2.4% in Germany in November over a year,
03:55above the 2% target set for the medium term.
03:59Service prices were over 4% in November over a year,
04:04thus staying well above global inflation,
04:07with spikes in insurance prices and plane tickets.
04:11This rebound in German inflation is also the result of basic effects
04:15on energy prices,
04:16which fell less quickly to 3.7% over a year than in previous months.
04:22In addition to international economic news,
04:24the global trade in wood and paper products
04:28fell by 12% in the previous year compared to 2022,
04:32exports reaching $482 billion,
04:36according to a FAO report.
04:38According to the United Nations Organization for Food and Agriculture,
04:432023 was marked by a drop in the production of forest products.
04:47Only wood-based panels have recorded a marginal drop in their production.
04:52The most significant drop in volume value of trade
04:56for most products
04:57translates into a drop in the price of forest products.
05:01Paper production declined in Europe and North America,
05:04stagnated in Africa, Latin America and the Caribbean,
05:08and increased only in the Asia-Pacific region,
05:11mainly carried by China.
05:13At the global level, paper and cardboard production
05:15contracted between 2019 and 2023,
05:18going from 404 to 401 million tons,
05:23notably due to the decline of the paper press
05:26in favor of digital media.
05:28This is the end of our edition today.
05:30Good luck with the programs on our antenna.