Africa Business Emerging Markets Europe Headlines International

Niger nationalizes French uranium giant Orano’s Subsidiary amid sovereignty push

Niger’s military regime has nationalized Somaïr, the subsidiary of French uranium giant Orano, escalating tensions between Niamey and Paris in a move that symbolizes the regime’s sovereignty-focused policies since taking power in 2023. The nationalization announcement, delivered through state television during a council of ministers report, cited Orano’s “irresponsible, illegal and disloyal behavior” and characterized […]

Emerging Markets Finance Headlines Morocco

WB supports Morocco’s social protection efforts with $250 Mln funding

The World Bank has agreed to provide Morocco $250 million funding to support the country’s social protection system which has improved living standards of vulnerable households and expanded access to essential services. In December 2023, Morocco launched the Direct Social Benefit (DSB) program as a key component of the national social protection reform. As of […]

Business Emerging Markets Headlines Morocco

Aeronautics: Over 150 companies operate in Morocco, generating $2.8 billion in Annual Revenue

Morocco is strengthening its position as a global aerospace hub with over 150 companies operating in the country and generating $2.8 billion in annual revenue, said Moroccan Minister of Industry & Commerce Ryad Mezzour at Paris Air Show 2025. The production sites are concentrated in Casablanca, Tangier, Rabat and Fez. They employ 26,000 individuals and […]

Africa Headlines International

Sudan: UN raises alarm over surge in sexual violence as war enters third year

The United Nations has condemned the alarming scale of sexual violence unfolding in Sudan’s conflict, as the war between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) enters its third year. Marking the International Day for the Elimination of Sexual Violence in Conflict on Thursday, June 19, the UN’s acting Resident and […]

Egypt Emerging Markets Finance Headlines

Egypt’s path to economic recovery hinges on IMF reforms, fiscal discipline

As Egypt navigates its economic recovery, a notable divergence has emerged between Government projections and IMF estimates regarding public debt reduction. While the Egyptian Government targets a reduction of public debt to 85% of GDP by the end of FY2024/25 and to 80% by mid-2027, the IMF forecasts a slower decline from 92.9% to 73.9% […]

Headlines International Libya

Dozens feared dead in Libyan shipwrecks as migrant death toll rises in Mediterranean

At least 60 migrants are feared dead following two tragic shipwrecks off the Libyan coast in the past week, according to a report released few hours ago by the International Organization for Migration (IOM). The first incident occurred on June 12 near Tripoli, leaving 21 people missing, including women and children, with only five survivors. […]

Europe Headlines International Morocco

Morocco takes part in parliamentary conference on interfaith dialogue

A Moroccan MP delegation is taking part in the 2nd Parliamentary Conference on Interfaith Dialogue which opened Thursday in Rome under the theme: “Strengthening trust and embracing hope for our common future”. The three-day event is organized by the Inter-Parliamentary Union (IPU) and the Italian Parliament in cooperation with NGO Religions for Peace. The conference […]

Business Features Finance Headlines

Qatar bank seeks U.S. enforcement of $1bn arbitration award against South Sudan

Qatar National Bank (QNB) has petitioned a U.S. federal court to enforce a $1.02 billion arbitration award against South Sudan, stemming from an unpaid wartime loan originally intended to stabilize the fledgling nation’s economy. Filed in the U.S. District Court for the District of Columbia, QNB’s request asks the court to treat the International Centre […]

Asia Business Emerging Markets Features Headlines International

Abu Dhabi hosts inaugural Global South Economic Forum amid calls for new economic order

The first Global South Economic Forum (GSEF) convened this week in Abu Dhabi, gathering over 100 delegates from more than 20 developing nations to chart a path toward a more equitable global economic system. Held alongside the G7 Summit, the forum aimed to amplify the voice of the Global South amid shifting geopolitical and economic […]

Business Emerging Markets Headlines International Morocco

Moroccan Central Bank partners with IFC to promote Morocco’s agricultural financial inclusion

Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) signed a partnership deal on Wednesday, June 18, in Rabat, meant to achieve two key objectives: improving the resilience of agricultural operations and fostering inclusive and sustainable growth. According to a joint press release, this partnership reflects the shared ambition of both institutions to promote an […]