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Category: Business
IMF warns of Africa’s vulnerability to China’s slowing economy
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
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
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
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
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
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
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
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
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
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