Corporate Council On Africa

Morocco’s tomatoes production up 17% in 2014-2023

Morocco’s production of tomatoes grew by 17% between 2014 and 2023, the UN’s Food and Agriculture Organization (FAO) said. Production increased from 1.23 million tons a decade earlier to 1.44 in 2023, it said, noting a drop in some main markets. The EU expects Morocco to remain its main tomato supplier until 2035, due to […]

Israel, U.S. to build on Abraham accords to counter Iran

Israel and the U.S. plan to build on the regional alignment under the Abraham accords in order to counter Iran’s influence, US media reported. The renewed Israel-U.S. cooperation to curb Iran’s influence in the region will be discussed between Israeli Prime Minister Naftali Bennett, who is paying his first visit to Washington, and President Biden. […]

EU’s expanded carbon border tax set to hit African exporters hard

Recent amendments to the European Union’s Carbon Border Adjustment Mechanism (CBAM) are set to significantly affect African exporters, particularly those in industries with high carbon emissions, experts say. Introduced last month, these changes expand the scope of the CBAM to include indirect emissions — those generated by electricity used in production. This poses a serious […]