Africa Headlines International

Kenya’s Generation Z rising: scores killed, wounded after police shoot at anti-tax hike protestors

At least five demonstrators were killed and dozens were wounded when Kenyan police on Tuesday (25 June) opened fire on angry protestors some of whom breached the parliament complex in Nairobi to express dissatisfaction with proposed tax hikes. The mainly youth-led rallies, which started last week, have caught President William Ruto and his government off […]

Africa Business Emerging Markets Headlines International

Ethiopia emerges as top FDI destination in East Africa, surpassing Kenya, Uganda

Ethiopia attracted a staggering $3.3 billion in foreign direct investments (FDI) in 2023, surpassing its neighbors Kenya and Uganda, and hence has emerged as the leading destination for FDI in East Africa. The latest World Investment Report published by the United Nations Conference on Trade and Development (UNCTAD) has highlighted Ethiopia’s position as a beacon […]

Algeria Community Europe Headlines International Maghreb

UN urged to send international committees to monitor human rights in Tindouf camps in Algeria

Human rights activists have launched an urgent appeal on the United Nations to lift the blockade on the Tindouf camps in southwestern Algeria and allow access to the camps, which are witnessing an unprecedented deterioration of human rights conditions, as reported by several international organizations. On the sidelines of the 56th session of the Human […]

Africa Emerging Markets Finance Headlines International

Foreign investments in Africa decline 3% in 2023- UNCTAD

Foreign investment flows to Africa dropped by 3% in 2023 to $53 billion, despite an increase in investments in green energy projects, the UN Conference on Trade and Development (UNCTAD) said. While Egypt and South Africa drove the overall investment trend in the continent, countries such as Morocco and Mauritania are expected to benefit from […]

Emerging Markets Finance Headlines Morocco

Morocco central bank cuts key interest rate as inflation drops

Morocco’s central bank cut its borrowing rate to 2.75% from 3% as inflation drops thanks to lowering food prices and easing external inflationary pressures, the bank said following its board meeting. “On the basis of all these considerations, the Board considered that the calibrated tightening of monetary policy, the regular monitoring of the transmission of […]

Asia Columns Headlines International Morocco

Palestinian officials, personalities hail Morocco’s new medical assistance as an illustration of King’s unwavering support for Palestinian Cause

Several Palestinian officials and personalities have hailed the new medical assistance dispatched to Gaza at the instruction of King Mohammed VI, saying that this royal move illustrates again the Sovereign’s unwavering support for the Palestinian Cause. These Palestinian officials and personalities expressed their thanks and gratitude to King Mohammed VI, Chairman of the Al-Quds Committee, […]

Africa Americas Headlines International

US top military officers for critical talks in Africa after Niger ousting to secure foothold in the region

The United States military commander is making a rare trip to Africa for talks on maintaining some of his troops’ presence in West Africa, after US troops were forced to withdraw from Niger and Chad and the Sahel countries’ shift to Russia for security. Chairman of the Joint Chiefs of Staff General CQ Brown arrived […]

Africa Headlines International

Kenyan police deployed for controversial UN-backed peacekeeping mission in Haiti

A contingent of 400 Kenyan police officers, the first of a 1,000-strong force, departed early Tuesday (25 June) for a controversial UN-backed mission in Haiti to combat the influence of powerful criminal gangs that have brought turmoil and violence to the Caribbean nation. A day earlier, Kenyan President William Ruto held a ceremony in the […]

Emerging Markets Finance Headlines Morocco

WB supports Morocco’s efforts to improve public sector with $600 Mln funding

The World Bank has approved $600 million funding to Morocco to enable the North African Kingdom finance two projects destined to improve public service and performance. The first project, which gets a $350 million support, aims to improve the governance, restructuring, competitive neutrality, and performance monitoring of state-owned enterprises (SOEs). The 2nd project, entitled “Public […]

Asia Columns Community Headlines International Morocco

Morocco sends medical supplies via land route to Gaza

king Mohammed VI, Chairman of Al-quds Committee, ordered the delivery of 40 tons of medical aid in solidarity with Palestinians in Gaza, Morocco’s foreign ministry said. The shipment will follow the same unprecedented route as the aid sent in March. In March, Morocco was the first nation to use the Kerem Shalom border crossing to […]