Latest news with #AMCI
AU Financial Review
3 days ago
- Business
- AU Financial Review
Billionaire bust-up spells trouble for decades old mining empire
About of geological challenges at Queensland's Ironbark coal mine won't help a sale process that was already struggling to find a buyer, but the majority owner of the mine, AMCI, has bigger problems right now. For close to 40 years, AMCI's global mining and commodity trading empire was built on mutual trust and consensus decisions between its founding fathers, German-born American billionaires Hans Mende and Fritz Kundrun. But trust between the two octogenarians has been lost, and consensus between the pair is increasingly rare.
Ya Biladi
06-06-2025
- Business
- Ya Biladi
Ghana and Morocco to simplify residency, work toward visa-free mobility
In a significant shift in its position on the Sahara issue, Ghana has expressed its support for Morocco's autonomy plan, describing it as the «only realistic and sustainable basis for a mutually acceptable solution» to the regional dispute. The announcement came during a joint statement delivered in Rabat by Ghanaian Foreign Minister Samuel Okudzeto Ablakwa and his Moroccan counterpart, Nasser Bourita. The two also held a press briefing following the signing of the declaration and a memorandum of understanding on political consultations. This endorsement reflects a broader strengthening of ties between the two countries, particularly in areas such as people-to-people mobility, economic cooperation, and academic exchange. As part of this deepening partnership, both sides announced plans to simplify residency procedures for Moroccan and Ghanaian citizens, with the aim of eventually removing visa requirements altogether. Facilitating Mobility to Strengthen Cooperation In their joint statement, the ministers reaffirmed their commitment to promoting tourism, trade, and economic development between Morocco and Ghana. They also expressed their intention to finalize a visa exemption agreement for holders of ordinary passports. In the interim, Minister Bourita announced the immediate implementation of the Electronic Travel Authorization to Morocco (ETAM) system for Ghanaian citizens, allowing them to obtain visas online within 24 hours. «We've agreed to make mobility easier for our citizens», said Minister Ablakwa during the press briefing. «Although there is already a direct air link between Ghana and Morocco, the visa has been the main barrier to trade, tourism, and people-to-people exchange. Now, with this new measure, that barrier is lifted. This will significantly boost tourism and trade, especially since Morocco is a very popular destination». Investing in Human Capital Through Academic Exchange Both countries also emphasized the importance of investing in human capital and strengthening academic and cultural exchanges. Minister Bourita announced that the Moroccan Agency for International Cooperation (AMCI) would increase the number of scholarships awarded to Ghanaian students from 90 to 140 annually, across various disciplines. «This is excellent news for us», said Ablakwa. «Our universities will also welcome Moroccan students, particularly those interested in English-language programs and African studies. We'll soon have a specific agreement in place to facilitate this academic cooperation». Economic and Agricultural Cooperation Ghana and Morocco also reaffirmed their economic partnership, which was initially cemented in 2017 during King Mohammed VI's visit to Accra through the signing of 25 cooperation agreements. According to Ablakwa, these agreements have already «greatly boosted bilateral trade». «We believe that a reciprocal visit would significantly strengthen our ties. Today's meeting lays the groundwork for a future meeting between the King and President John Dramani Mahama», he added. Looking ahead, the two countries agreed to deepen cooperation in agriculture and food security, areas with strong economic potential for Africa. The partnership will focus on producing fertilizers tailored to local conditions, including soil types, climate, and staple crops. Ghana, the world's second-largest cocoa exporter, will be a key focus. «Ghana currently spends nearly $3 billion annually on food imports. Our new President is committed to reversing that trend», said Ablakwa. «Morocco's expertise in agriculture, agri-food, and fertilizer production gives it a clear advantage. Moroccan experts will soon collaborate with their Ghanaian counterparts to determine the best fertilizer type for our needs, starting with the cocoa sector, which is a vital crop for us». At the regional level, Minister Bourita praised Ghana's continued commitment to African integration, highlighting its active role in ECOWAS, its hosting of the African Continental Free Trade Area (AfCFTA) Secretariat, and its accession as a full member of the International Organization of La Francophonie (OIF) in October 2024.
Yahoo
17-04-2025
- Business
- Yahoo
Spokane selected to host AMCI convention
Apr. 16—Spokane has been selected to host the 2026 AMCI Annual Meeting, Visit Spokane announced on Wednesday. Founded in 1963, the AMC Institute is a non-profit trade organization that seeks to advance professionalism and industry standards for association managed companies, according to its website. The annual meeting in Spokane is scheduled for February 8-13 in 2026. "We are incredibly proud to host the" AMCI Annual Meeting in 2026, Ruth Fitzgerald, Visit Spokane's vice president of sales, said in a news release. "We look forward to welcoming the attendees and providing them memorable experiences to keep Spokane at the forefront of their minds for future conventions." The AMCI convention will welcome executives from the organization's companies and representatives from major hotel chains and destination organizations. The Davenport Grand Hotel will host the convention while the Spokane Convention Center will sponsor a "Taste of Spokane" reception for the group. For more information, go to
