Business Emerging Markets International

Africa and Caribbean must tap into $1 billion in export potential — ITC report

A new report published by the International Trade Centre (ITC) last Thursday urges countries in Africa and the Caribbean to tap into the more than $1 billion in export potential between both regions. ITC’s “Expanding African-Caribbean Trade“ report, released at the inaugural AfriCaribbean Trade and Investment Forum (AFCTIF) in Barbados, highlights partnerships such as between […]

Headlines Maghreb Morocco

Morocco Hosts UN Regional Counter-Terror Training Session for African Law Enforcement Agents

The UN Office of Counter Terrorism through its Program Office in Rabat for Counter-Terrorism and Training in Africa launched on Monday its 2nd specialized training session on counter-terrorism investigation skills. Twenty-four law enforcement agents from Benin, Burkina Faso, Chad, Mali, Nigeria and Senegal are taking part in the training to last till Sept.23. The training […]

Africa Asia Business Emerging Markets Headlines International

Positioning for growth: winds of change for Arab-Africa trade and investment?

The landmark multi-billion-dollar Arab-Africa Guarantee Fund (AAGF), which is due to start operations in 2023, could provide a boost to the Arab-Africa trade that has been static at 17% of the continent’s total trade for the last seven years. Despite centuries of exchanges, Arab-Africa trade has been static at 17% of the continent’s total trade […]

Africa Business Emerging Markets International

Nigeria still preparing for AfCFTA as eight African countries ready to start trading

Nigeria continues to lag behind in making the AfCFTA trade agreement operational, as a number of other African countries have been chosen to begin exchanging goods and services under the AfCFTA terms. Almost two years after the implementation of the African Continental Free Trade Area Agreement (AfCFTA), which came into force on 1 January 2021, […]

Business Headlines Mauritania Morocco

Morocco/Mauritania: Businessmen to explore joint investment opportunities

Moroccan and Mauritanian businessmen will meet on Sept.20 in Casablanca to discuss joint ventures and partnership projects in agriculture, energy, agri-food business, pharmaceutical industry and finance. The meeting is organized by the General Confederation of Moroccan Enterprises (CGEM) and the National Union of Mauritanian Employers (UNPM). The event aims to strengthen economic and commercial cooperation […]

Africa International

UN committee appeals to Benin and Zimbabwe to tackle minority group discrimination

The United Nations is urging governments of Benin and Zimbabwe to address alleged discrimination against minority and marginalized groups in their respective countries. The UN Committee on the Elimination of Racial Discrimination released last week its findings on progress in seven countries whose records were under review. The monitoring committee specifically expressed regret that Benin’s […]

Africa International

Kenya’s supreme court validates William Ruto’s win in presidential election

Kenya’s Supreme Court has unanimously validated the results of the disputed presidential election held last month in which Vice President William Ruto was declared winner with 50.5% of votes. The verdict — following a ruling on a number of petitions brought by Ruto’s closest challenger Raila Odinga — was delivered by Martha Koome, chair of […]

Africa Finance International

IMF approves $1.3bn loan for debt-stressed Zambia

Zambia, the first African country to default on its debt in the COVID-19 era, has won International Monetary Fund board approval for a $1.3bn support package, an important step towards the nation restructuring its debt and a boost for the global effort to help indebted developing nations. The lending plan — an Extended Credit Facility […]

Headlines International Morocco

Morocco reinforces artillery capabilities with Caesar howitzers

Morocco has received the first batch of its order of 36 Caesar howitzers as part of a push to modernize all segments of its air, sea and land forces, local media reports. The new procurement will deepen the gap between Morocco and its Algerian rival further reinforcing the capabilities of the Moroccan artillery. The French […]

Africa International

Macky Sall blames climate change for torrential rains

Senegalese President Macky Sall Saturday chalked the torrential rains that fell on capital Dakar and the entire country on climate change, Sene News reports. “The heavy rains are due to the climatic disturbances in the world. This makes the rains much more intense and the damage very important. The weather forecast had announced it: at […]