Business Headlines Morocco Technology

Moroccan court finds Maroc Telecom guilty of unfair competition practices

A Moroccan court found Maroc Telecom guilty of abusing its position as the market leader and ordered it to pay 6.36 billion dirhams to Wana Corporate who brought the case. The verdict is the second against Maroc Telecom after telecoms regulator ANRT fined the company 3.3 billion dirhams for failing to respect fair competition provisions. […]

Africa Emerging Markets Europe International

Rapprochement with Russia not at expense of another partner – Chad’s top diplomat

Mahamat Saleh Annadif, Chad’s Foreign Minister, indicated Monday January 29 that last week trip by the country’s transitional leader to Russia was meant to diversify partners, not exclude others. Mahamat Idriss Deby met last week with Russia’s Vladimir Putin in Moscow in a visit that his office said was to strengthen ties with Russia. Chad […]

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Red Sea crisis to affect global trade, fuel inflation in Africa and beyond

Escalating attacks by Yemen’s Houthi rebels on ships in the Red Sea have not only unraveled a key global trade route, sending shipping and insurance costs soaring, but they are also threatening to again push up the cost of living in Africa that is already struggling with crippling debt. The Red Sea crisis and the […]

Europe Headlines International

Germany to expand its engagement in Sahel despite Europe’s failed security strategy

Politicians and experts in Germany have called on the European country to continue its involvement in Africa’s Sahel region even after the 2020s did not turn out as expected for Berlin. According to Deutsche Welle, Africa’s Sahel is considered a strategic location for Germany, which has long been a significant player in stabilization and development […]

Africa Business International

BRICS delegation visits Niger

Ali Mahamane Lamine Zeine, Niger’s Premier, welcomed Monday January 29 a delegation of the BRICS, few days after his international tour that took him to Russia and Iran, two-member countries of the intergovernmental organization. The visit comes as Niger seeks to diversify its partners after it scaled down ties with former colonial power France. BRICS […]

Business Emerging Markets Europe Headlines International Morocco

Barcelona, Bilbao host business meetings to bolster investment dynamic between Morocco & Spain

Two Business Forums are held this Monday in Barcelona and Tuesday in Bilbao to discuss ways of strengthening the investment dynamic between Morocco and Spain. The forums, bringing together over two hundred Moroccan and Catalan and Basque business leaders, are part of the implementation of the Morocco-Spain Joint Declaration drawn up in April 2022 after […]

Africa Business Emerging Markets Europe Headlines International Morocco

Italy-Africa Summit kicks off in Rome with Morocco’s participation

The Italy-Africa summit, held under the theme “A Bridge for Common Growth,” kicked off on Monday in Rome, with the participation of Aziz Akhannouch, Morocco’s Head of Government, who is representing King Mohammed VI at the event. During the Conference, Italy will share with African countries the guidelines of the “Mattei” Plan, which Rome intends […]

Africa Algeria Columns Energy Headlines International

ECOWAS: Withdrawal of Mali, Burkina Faso & Niger from African Bloc Kills Algeria-Nigeria Pipeline Project

Mali, Burkina Faso, and Niger have announced their withdrawal from the Economic Community of West African States (ECOWAS), dealing a hard blow to France and the Algerian regime which is serving the agenda of the former French colonial power in the region. In a joint statement released Sunday, the three Sahel countries said they took […]

Africa Algeria Columns Headlines International Maghreb

Algeria threatens Mali with ‘civil war’

Algeria has doubled down on violating the sovereignty of its neighbor Mali by addressing the Malian people directly, threatening them with “civil war,” in the latest episode of a diplomatic showdown that triggered Bamako to declare an Algeria-brokered peace deal null and void. In a statement, the Algerian foreign ministry failed to respond to the […]

Africa Asia Finance Headlines International

Japan, Côte d’Ivoire sign €5.3m deal to support rice production

Japan will provide Côte d’Ivoire with equipment worth €5.3 million to support the West African country’s national plan to grow rice and consequently reduce its dependence on importation. Ivorian Minister Finance Adama Coulibaly and country presentative of Japan International Cooperation Agency (JICA) Usui Yukichi signed last week the equipment financing. The West African country plans […]