Category: Business

IMF warns of Africa’s vulnerability to China’s slowing economy

November 1, 2023

While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the ... Read More

U.S. reinstates Mauritania into AGOA after four-year hiatus

November 1, 2023

US President Joe Biden announced the eligibility of Mauritania for benefits under the African Growth and Opportunity Act (AGOA), which affects market access, investment, and ... Read More

Norwegian STAR SEAFOOD to invest €100m in Mauritania

November 1, 2023

STAR SEAFOOD, a Norwegian Seafood Company, is mulling plans to inject €100 million into Mauritania’s Nouadhibou free trade area for a three-phase project that will ... Read More

US to remove Gabon, Niger, Uganda and CAR from AGOA trade program

October 31, 2023

US President Joe Biden announced on Monday (30 October) his intention to end the participation of Gabon, Niger, Uganda, and the Central African Republic (CAR) ... Read More

Togo’s capital to host AFIS annual summit Nov. 15-16

October 31, 2023

Africa's financial industry platform (AFIS) has chosen Lome as host of its second Annual Summit on November 15 and 16, 2023, for the second time ... Read More

Morocco, Germany poised to promote security cooperation

October 30, 2023

Morocco and Germany have signed on Monday a joint declaration of intent aimed at strengthening cooperation between the two countries’ Interior Ministries in the areas ... Read More

EU-Namibia business forum strengthens cooperation in GH2 and critical raw materials

October 30, 2023

Namibia will no longer export unprocessed mineral products, President Hage Geingob has told the recent EU-Namibia Business Forum held in Belgium, part of the African ... Read More

Renault to start production line of Kardian new model in Morocco’s Casablanca by H1 2024

October 30, 2023

Automaker Renault will launch by first half (H1) of 2024 a plant in Morocco’s city business hub of Casablanca to manufacture its newly unveiled Kardian ... Read More

Hand-in-Hand Investment Forum aims to boost funding for agrifood systems in Sahel

October 30, 2023

Governments from Africa’s Sahel have recently met with potential donors and other organizations at the Hand-in-Hand Investment Forum 2023, organized by the Food and Agriculture ... Read More

Morocco, 5th global destination in 2024 – Lonely Planet

October 30, 2023

The Australian travel guide book publisher Lonely Planet has ranked the kingdom of Morocco fifth of its top 10 destinations for the year 2024. The ... Read More