Africa Finance Headlines International

Race to lead AfDB heats up as Adesina’s tenure nears end

As Akinwumi Adesina prepares to step down after a transformative decade as President of the African Development Bank (AfDB), five candidates from across the continent are competing to succeed him in an election set for 29 May in Abidjan, Côte d’Ivoire. Five contenders — Swazi Tshabalala (South Africa), Amadou Hott (Senegal), Samuel Munzele Maimbo (Zambia), […]

Africa Business Emerging Markets Headlines International

New cross-border highway to connect Uganda, South Sudan, and CAR in major trade boost

In a landmark move to deepen regional integration and boost trade, Uganda, South Sudan, and the Central African Republic (CAR) have agreed to construct a 1,800-kilometre cross-border highway linking Kampala to Bangui via Juba. The ambitious infrastructure project, announced following a Tripartite Ministerial Meeting in Kampala, will be implemented in two phases. Initial efforts will […]

Columns Europe Headlines International Maghreb Morocco

French center for visa applications processing opens in Laayoune, a materialization of France’s support to Morocco’s sovereignty over its Sahara

French Ambassador to Morocco, Christophe Lecourtier, inaugurated this Tuesday a visa-applications processing center, “TLS Contact”, in Laayoune, translating France’s commitment to supporting the autonomy initiative under Moroccan sovereignty for the Sahara. The inauguration of this center, affirming the strengthening of French consular presence in the Southern Provinces, bears political and symbolic dimensions beyond mere service […]

Asia Columns Headlines International Maghreb Morocco

Syrian Authorities confirm closure of premises occupied by polisario separatists in Damascus; reaffirm respect of Morocco’s sovereignty

Syrian authorities have confirmed the closure of the premises occupied by the Algeria-backed polisario separatists in Damascus and reaffirmed their commitment to respecting the Kingdom’s national sovereignty and territorial integrity. This came as a Moroccan technical delegation is visiting Syria to supervise the reopening of Morocco’s embassy in Damascus, as announced by King Mohammed VI […]

Emerging Markets Energy Europe Finance Headlines International Morocco

Green Finance: Morocco’s OCP Group gets €365 Mln financial support from Italy’s SACE Group

Moroccan state-owned OCP Group and Italian SACE group have agreed to a €365 million green financing facility, the first of its kind under OCP’s Green Finance Framework and the first guaranteed by SACE Push Strategy in Morocco. This strategic partnership reinforces OCP’s commitment to sustainability and innovation in plant nutrition solutions. SACE, Italy’s insurance and […]

International Mauritania

Mauritania deepens media reform ties with global press watchdog

In a gesture of transparency and international cooperation, Mauritania’s Minister of Culture & Communication, El Housseine Ould Medou, welcomed on May 26 a high-level delegation from Reporters Without Borders (RSF) in Nouakchott. The visiting mission, led by RSF’s Director General Thibaut Bruttin, forms part of the organization’s regional tour to assess and support press freedom […]

Asia Business Emerging Markets Headlines International Morocco

India’s Samta Metals & Alloys invests $70 Mln in recycling plant in Morocco

India’s Samta Metals & Alloys, a subsidiary of the Indian Samta Group, is building an aluminum & copper recycling plant in the Atlantic Free Zone, located in the city of Kenitra, Morocco. An investment of $70 million will be injected in this eco-friendly factory to be built over a 36,600-sq-m area. It is expected to […]

Business Emerging Markets Europe Headlines International Morocco

Catalan delegation on economic mission to Morocco

A high-level economic and institutional delegation from Catalonia is expected in Morocco this Tuesday on a three-day strategic business mission, aimed at strengthening commercial and economic relationships between the northeastern Spanish region and the kingdom. This initiative represents a significant step in expanding cross-border cooperation between two economically dynamic regions. The mission, organized by Foment […]

Business Emerging Markets Headlines International Morocco

Global economy under pressure: Morocco navigates between challenges and opportunities

Morocco finds itself strategically positioned between significant challenges and emerging opportunities as global economic tensions reshape international trade patterns. During a comprehensive economic briefing held Monday in Casablanca, Allianz Trade’s Africa and Middle East economist Lluis Dalmau Taulés analyzed how escalating U.S.-China trade conflicts are creating both risks and potential advantages for Moroccan businesses. The […]

Africa Headlines International

Senegal’s corruption probe deepens with indictment of fifth ex-minister

Senegal’s sweeping anti-corruption campaign has reached a new milestone as former community development minister Amadou Mansour Faye becomes the fifth top official from the previous government to be indicted. The High Court of Justice, a special tribunal established to try ex-officials, charged Faye with embezzling over $4.6 million in public funds and ordered his immediate […]