Former Spanish FM Ana-Palacio

Recent rainfall augurs well for Morocco’s crop year, floods Casablanca

Morocco is witnessing abundant and more evenly distributed rainfall this year auguring well for the agricultural season after years of draught that affected output especially in the southern region. Dams especially in drought hit areas such as Souss are being filled and five of the biggest dams in the country have already hit their maximum […]

India-Africa trade gains momentum, projected to cross $100 billion in 2024

Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries. Speaking at the Confederation of Indian Industry (CII) and Exim Bank of India conclave […]

Africa’s digital development needs boost from AfCFTA, import duties cuts — World Bank

African countries face higher tariffs and tend to import relatively low-quality digital goods compared to other regions, especially in low-income nations, a recent research by World Bank economists has found. Despite relying heavily on imports, tariffs that African countries impose on imported digital goods are about three times higher than other regions, the research has […]