Africa Headlines International

Botswana vows to ship 20,000 elephants to Germany amid trophy hunting dispute

Angered by a proposal in Berlin to restrict the import of hunting trophies, Botswana’s President Mokgweetsi Masisi has threatened to send 20,000 elephants to Germany, claiming that, contrary to some misconceptions in Europe, an explosion in the number of the mammals roaming his country has produced a “plague”. In comments published by German tabloid Bild […]

Business Emerging Markets Headlines

Chocflation: Ghana mulls 100% cocoa price hike amid perfect storm of multiple crises

Ghana, the world’s second-largest cocoa producer, considers doubling farmgate price of the crop to combat smuggling amid a global shortage, as the country’s share of the whole sale market price shrinks to 16% from 44% in mid last year. The Ghana Cocoa Board and the country’s government are reportedly muling a significant increase — potentially […]

Americas Columns Emerging Markets Finance Headlines International Morocco

Washington funds projects in Laayoune & Dakhla, confirming U.S. recognition of Moroccanness of Sahara

The U.S. government has decided to finance economic empowerment projects in the Moroccan Saharan cities of Laayoune and Dakhla, confirming Washington’s recognition of Morocco’s sovereignty over its entire Saharan territory. An estimated total budget of $1.5 million has been earmarked for projects seeking to improve employment, labor, and training in the two Moroccan Saharan cities. […]

Africa Egypt Finance Headlines International

The six African countries with highest debt to GDP ratios

Sudan, Cabo Verde, Mozambique, Republic of the Congo, and Egypt have been listed as countries with the highest debt to GDP ratio in the African continent. This came in a report by Yahoo Finance which listed 30 countries with the highest debt to GDP ratio. The report noted that Emerging economies and low-income economies are […]

Africa Business Community Headlines International

Southern Africans face famine threat due to El Nino

Food security outlook has been seriously undermined in southern Africa due to the disastrous impact of the El Nino weather, which triggered extreme droughts and heatwaves that destroyed crops. Zimbabwe is on the brink of declaring a drought emergency, following the example of neighboring Zambia and Malawi. Water shortage in Africa’s south means millions risk […]

Europe Headlines International Morocco

Moroccan Police arrest INTERPOL-wanted Dutch national of Egyptian origin

Police officers of the town of Guercif arrested, on Monday, a 63-year-old Dutch national of Egyptian origin, who was the subject of an international arrest warrant issued by German judicial authorities.   A check of the database of the International Criminal Police Organization “INTERPOL” revealed that the suspect was wanted internationally under an arrest warrant […]

Business Emerging Markets Energy Headlines

EU’s Critical Raw Materials Act aimed at breaking China’s grip on Africa — study

The European Union’s recently agreed-upon Critical Raw Materials Act (CRMA) does not target China but is aimed “simply [at] diversifying sources of supply,” a senior EU official has said, just as a recent study highlighted the bloc’s continuing efforts to close deals with resource-rich African nations to reduce its dependence on China for critical raw […]

Africa Headlines International

Senegal’s new president Faye vows ‘systemic change’, names firebrand opposition leader Sonko as PM

Only hours after being sworn in as Senegal’s president on Tuesday (2 April), Bassirou Diomaye Faye named popular opposition figure Ousmane Sonko as the nation’s prime minister. At 44, former tax inspector Bassirou Diomaye Faye is Senegal’s youngest president ever elected. During his campaign, he vowed to fight corruption, promised to renegotiate oil, gas and […]

Blogs Community Headlines Morocco

Morocco dam filling rate improves to 30.7% on recent rainfall

Torrential rain in different Moroccan regions last week boosted water reservoirs reaching an average of 30.7%, compared with 23% few days ago. While the recent rain is a boon for a drought-hit farming sector, it reached a surplus in some northern dams and mitigated water shortage in other areas. The region of Souss, a key […]

Columns Europe Headlines International Morocco

France greenlights public funding for private projects in Morocco’s Sahara

France has allowed its development agencies to fund projects in the Moroccan Sahara, a move that implies a recognition of Moroccan sovereignty over the territory, Moroccan media reported. The decision was reported by LeDesk and confirmed by Medias24 which reported that it will be officially announced during the visit of the French foreign trade minister […]