President of Zimbabwe & South Africa

Red Sea crisis to affect global trade, fuel inflation in Africa and beyond

Escalating attacks by Yemen’s Houthi rebels on ships in the Red Sea have not only unraveled a key global trade route, sending shipping and insurance costs soaring, but they are also threatening to again push up the cost of living in Africa that is already struggling with crippling debt. The Red Sea crisis and the […]

US Government Blended-Finance Fund invests $600,000 to empower women in Africa

The US Agency for International Development has announced $500,000 in funding and $100,000 in technical assistance to the Women’s World Banking Asset Management (WAM) blended-finance fund.   Joining USAID, the Overseas Private Investment Corporation (OPIC) announced its intent to provide $25 million in financing to the fund. The financing will help mobilize commercial investment to […]

Despite earthquake, Morocco’s tourism industry shows resilience on path to new record

Morocco is on course to break its tourist arrivals record with 11.5 million people visiting the country up to September this year, a figure that exceeds total arrivals in 2022, the tourism ministry said. “Timing couldn’t be more perfect to announce record September arrivals than during the Annual Meetings of the World Bank and IMF […]