Business Features Finance Headlines

Africa launches PAPSSCARD to reclaim financial sovereignty and boost trade

Africa has taken a major step toward financial self-determination with the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Announced during the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, the card aims to keep value, data, and economic benefits within Africa by processing payments entirely on the continent. The PAPSSCARD is a joint initiative […]

Algeria Headlines

Algeria hands 7-year jail sentence to French football journalist

A court in Tizi Ouzou has sentenced French journalist Christophe Gleizes to seven years in prison for “glorifying terrorism” and “possessing propaganda materials harmful to national interests.” But his genuine crime: reporting on football in the Kabylie region. Gleizes, a contributor to So Foot and Society magazines, had traveled to Algeria in May 2024 to […]

Asia Features Headlines International

China’s costly gamble: Niger exposes risks of regime-agnostic diplomacy in Africa

China’s long-held strategy of “regime-agnostic” engagement in Africa is under strain as mounting instability in Niger threatens billions in Chinese investments, says a new study. A new report by the Washington-based Africa Center for Strategic Studies warns that China’s transactional diplomacy — prioritizing control over constitutional legitimacy — has left its state-owned enterprises (SOEs) vulnerable […]

Emerging Markets Finance Headlines Morocco

AfDB provides Morocco over €300 Mln to enhance economic competitiveness & climate change resilience

The African Development Bank (AfDB) has approved a financing package of over €300 million for Morocco to support entrepreneurship, job creation, and climate resilience. The funding aims to enhance the country’s economic competitiveness, strengthen resilience to climate change, and promote inclusive growth through skills development and entrepreneurship. AfDB says €181.8 million will support the second […]

Business Emerging Markets Europe Headlines International Morocco

Morocco facilitates strategic transport corridors between Turkey and Africa

Morocco is positioning itself as a key facilitator in establishing historic logistics partnerships between Africa and Turkey, emphasizing South-South cooperation as the foundation for sustainable and sovereign development across both regions. Transport and Logistics Minister Abdessamad Kayouh announced Sunday in Istanbul that Morocco fully supports strengthening transport corridors between Africa and Turkey through sustainable, resilient, […]

Asia Business Emerging Markets Headlines International Morocco

Saudi business delegation explores investment opportunities in Morocco

A high-level delegation from the Federation of Saudi Chambers of Commerce started an official visit to Morocco Sunday, seeking to strengthen economic cooperation and explore new investment opportunities between the two kingdoms. The delegation, led by Federation President Hassan Al-Huwaizi, includes more than 30 Saudi investors and representatives from various government agencies. The visit aims […]

Algeria Columns Headlines Maghreb Morocco

Polisario’s recent targeting of civilians vindicates case for terrorism designation

The Polisario has added to its long record of terrorist acts a new attack near Smara. The separatist group claimed responsibility for firing projectiles aimed at civilians and landed near a UN peacekeeping mission team’s site. While the projectiles attack left no casualties or injuries, it highlights the terrorist threat posed by the Polisario and […]

Africa Business Emerging Markets Headlines International Morocco

Dakhla Atlantic port on track for 2029 launch

Construction of Morocco’s Dakhla Atlantique Port has reached 39% completion, with the project expected to be operational by early 2029. Located 40 km north of the southern city of Dakhla, the port is part of a strategy to boost trade and economic development in the southern provinces, the Sahara. The facility is designed to support […]

Emerging Markets Finance Headlines Morocco

Morocco’s GDP growth accelerates to 4.8% in first quarter 2025

Morocco’s economy confirmed its recovery momentum in 2025, with gross domestic product growing 4.8% in the first quarter compared to 3% in the same period last year, according to the High Planning Commission (HCP). The strong performance reflects marked progress in non-agricultural sectors and recovery in agricultural activity, driven by sustained growth in domestic demand. […]

Asia Columns Headlines International Maghreb Morocco

Free Syrian Party calls on Damascus to label Polisario terror organization & recognize Moroccanness of Sahara

The Free Syrian party, ex-National Salvation Front, has called on the new authorities in Damascus to include Polisario in the list of terrorist organizations banned in Syria for their participation in the bloody atrocities committed against the Syrian people. The party supports the bi-partisan legislation submitted by U.S. Republican Representative Joe Wilson to the Congress […]