Africa Emerging Markets Headlines International

Ghana: Mahama returns to the presidency, promises a fresh start for economy

Ghana’s former president, John Dramani Mahama, has reclaimed the nation’s highest office following a decisive electoral victory. With just over 56% of the votes, he outpaced Vice President Mahamudu Bawumia, who conceded defeat and garnered about 41%. Mahama’s return comes amid deep economic hardships and high living costs that left voters eager for change. He […]

Africa Emerging Markets Finance Headlines International Morocco

AfDB contributes €104.7 million to boost water sector in Morocco, speed up ONEE digitalization

The African Development Bank (AfDB) has extended Morocco a €104.7 million loan to boost the water sector in the Kingdom. The funding is destined to speed up the digitalization processes of the National Office for Electricity and Drinkable Water (ONEE), boost drinking water production in several urban areas (Asfalou, Bouhouda and Agourai), and improve the […]

Emerging Markets Europe Headlines International Morocco

EU can rely on Morocco to strengthen long-standing relations, address challenges together – EU Official

EU High Representative for Foreign Affairs and Security Policy Kaja Kallas affirmed that the EU can “rely on Morocco to strengthen our long-standing relations and address challenges together.” “I know we can count on Morocco to reinforce our long-standing relations and tackle challenges together,” stated Kallas following a phone conversation on Monday with Moroccan Foreign […]

Headlines Mauritania Morocco

Mauritania committed to enhancing historic relations with Morocco – National Assembly Speaker

Speaker of Mauritania’s National Assembly Mohamed Bemba Meguet asserted that his country attaches top priority to promoting historic and brotherly relations with Morocco in various fields. During talks with Morocco’s Upper House Speaker, Mohamed Ould Errachid, in Rabat on Monday, Meguet stressed that Mauritania, State and people, attaches “paramount importance” to strengthening economic, cultural and […]

Egypt Energy Headlines

Egypt to add 18,550 MW of solar and wind energy to its power grid by 2030

The Egyptian New and Renewable Energy Authority has released a report on its official website detailing the private sector’s involvement in the development of electricity generation projects from solar and wind energy, aiming for a total capacity of 18,550 megawatts by 2030. The report highlights that new wind energy power plants, set to be operational […]

Headlines Morocco

Morocco to back UN Resolution for a Universal Moratorium on death penalty

Justice Minister Abdellatif Ouahbi said the Kingdom will vote in favor of the tenth United Nations resolution on a moratorium on the application of the death penalty. The resolution will be voted in the coming days during the next United Nations General Assembly, the minister told members of parliament. The decision marks a major shift […]

Africa Headlines International

Armed men kill 21 west of Niger’s capital

Armed men on motorcycles killed 21 people in Tillaberi region west of Niger’s capital Niamey, in yet a new incident that highlights the growing challenge of militancy in the military-ruled country. The attack, which targeted a bus near the border with Burkina Faso, was described as a “hateful and inhumane act” by the military in […]

Africa Business Columns Emerging Markets Headlines International Morocco

Mounting calls for strengthening Morocco-South Africa economic partnerships

South African Businessmen and economic stakeholders have joined their voices to those of politicians and activists to call for consolidating economic partnerships between their country and Morocco, a rising economic power in Africa. In this context, the CEO of Gauteng Tourism Authority (GTA), the government agency of the Gauteng province in South Africa, Stembiso Dlamini, […]

Africa Comments Emerging Markets Headlines International

Inflation-hit Nigeria to criminalize corn exports to meet local needs

Nigeria’s senate plans to pass legislation to criminalize the export of corn amid concerns over hunger and rising staple prices in Africa’s most populous nation. Nigeria has been grappling with a worsening food inflation which surged to 39.16% in October this year. This inflation has been exacerbated by climate conditions, currency devaluation and the removal […]

Africa Headlines International

Senegal’s Faye pushes for dialogue, calls for easing tensions between ECOWAS and AES

Senegalese president Bassirou Diomaye Faye said he has stepped up his efforts to foster reconciliation with Burkina Faso, Niger, and Mali following their withdrawal from the Economic Community of West African States (ECOWAS), adding that he is making progress with each of these nations. After leaving ECOWAS in January, citing lack of support for combating […]