Business Finance

Burkina Faso’s Trade minister steps down amid charges of fraud, embezzlement

Donatien Nagalo, Burkina Faso’s Minister of Industrial development, Trade, Crafts and Small and Medium-sized enterprises, stepped down Tuesday amid growing protests against his appointment by traders who accuse him of fraud and embezzlement, Anadolu news agency reports. “I Sincerely and honestly recognize that I am an honest and honest Burkinabe citizen, dedicated and committed to […]

Community Headlines International Morocco

COP-27: Morocco’s Princess Lalla Hasnaa Meets Congo’s Environment Minister

Morocco’s Princess Lalla Hasnaa, Goodwill Ambassador of the Congo Basin Climate Commission (CBCC) & the Blue Fund for the Congo Basin, conferred on Tuesday in Sharm el-Sheikh with Congo’s Environment Minister & coordinator of the Congo Basin Climate Commission, Ms. Arlette Soudan-Nonault, on the sidelines of the COP-27 Climate summit taking place in Egypt. Set […]

Business Europe Headlines International Morocco

COP-27: Switzerland pledges to cut its CO2 emissions in Morocco

Morocco and Switzerland have signed an agreement on environment protection on the sidelines of the COP-27 climate summit currently held in Sharm El Sheikh, Egypt. The agreement was inked Monday by Swiss President Ignazio Cassis and Moroccan minister of energy transition and sustainable development Leila Benali. Under this agreement, Switzerland pledges to reduce its CO2 […]

Americas Headlines International Maghreb Morocco

Defense: Morocco and U.S.A. discuss security cooperation, military readiness

Morocco and the United States, two friends and longstanding allies, are stepping up their military cooperation to counter common regional challenges and international threats. On Monday, U.S. Vice Chairman of the Joint Chiefs of Staff Adm. Christopher W. Grady met with Inspector General of the Royal Armed Forces of Morocco Lt. Gen. Belkhir El Farouk […]

Europe Headlines International Morocco

Spain-Morocco partnership, an example for countries in the region – FM Albares

The “mutually beneficial” partnership existing between Spain and Morocco is “an example to be followed by other countries in the region,” said Spanish Foreign Minister José Manuel Albares. The Spanish official said, on the sidelines of a Forum he was attending in Santa Cruz de Tenerife, that ties between the two countries are based on […]

Business Emerging Markets

AIF 2022 attracts record investment pledges, but fails in solving Africa’s infrastructure paradox

This year’s African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of historically low success rates in bringing projects into fruition. The vast networking event brings together African entrepreneurs, decision-makers, bankers. In 72 hours, the African Development Bank (AfDB) and its partners […]

Energy

Oil exploration in DRC’s peatlands, forests draws warnings of environmental catastrophe

Authorities in the Democratic Republic of the Congo’s (DRC) launched in July bids for 30 oil and gas blocks, with thirteen of them crossing through protected areas and national parks, the auction has caused uproar among environmentalists. The results of the bidding have yet to be announced, but while many of the country’s politicians and […]

Blogs Community

After Somalia, South African Islamic State-linked firms also targeted by US sanctions

The United States on Monday (7 November) imposed its second round of sanctions in less than a week on people and firms, this time targeting South African entities, who it says have provided financial or material support to the Islamic State (IS) group. Following the financial penalties against a Somali IS weapons trafficking cell imposed […]

Africa International

Rwanda accuses DRC jet of violating airspace after talks to resolve conflict

The Rwandan government said a Congolese army fighter jet violated its airspace on Monday (7 November), just 48 hours after a deal to defuse rising tensions between the two countries. A joint statement released late on Saturday (5 November) following talks between officials from the Democratic Republic of Congo (DRC) and Rwanda said both sides […]

Columns Headlines International Maghreb Morocco Opinions

Morocco returns from Arab summit with major diplomatic wins

Algeria did everything it could to make Morocco skip the Arab Summit, but in vain. The North African Kingdom emerged victorious from the summit which ended with a final declaration commending the role of Al Quds committee led by King Mohammed VI, condemned foreign interferences in Arab countries’ affairs, reaffirmed support for the unity of […]