Africa Europe Headlines International

Italy migration summit aims to help Africa reduce migrant flows to Europe

Mediterranean and Middle East countries are meeting in Rome on Sunday (23 July) in an international conference organized by the Italian government to boost efforts to stem illegal migration flows. The meeting is to discuss development projects in the Southern Mediterranean and North Africa and partnerships for projects in sectors including agriculture, infrastructure and health, […]

Americas Emerging Markets Headlines International Morocco

St. Vincent & the Grenadines reaffirms support for Morocco’s territorial Integrity, hails King’s leadership

St. Vincent and the Grenadines has reaffirmed support for Morocco’s territorial Integrity, and considered the Autonomy Plan as being the ‘unique solution’ to the Sahara Issue. This position was expressed in a joint communiqué issued at the end of talks held in Rabat on Friday between the Prime Minister of Saint Vincent and the Grenadines, […]

Africa Emerging Markets Headlines International

African startups defy global VC funding downturn, with M&A becoming the norm

African venture results have declined in recent quarters, echoing the trends in other startup regions around the world, but with $1.1 billion raised in the first half of 2023, Africa’s startup ecosystem shows resilience in the face of the global venture capital (VC) funding downturn. Despite VC funding slowly retreating from the African market this […]

Columns Community Europe Finance Headlines International Tunisia

MEPs reject EU deal with Tunis, call Kais Saied ‘cruel dictator’

Members of the European parliament rejected the money in return for migration curbs signed between the European commission and President Kais Saied. The deal includes nearly $1 billion in aid, loans and investments to help Tunisia stem the flow of migrants and comes at a context of outcry at Tunisian authorities’ brutal treatment of migrants. […]

Columns Europe Headlines International Maghreb Morocco

Calls mount on France’s Macron to recognize Sahara as part of Morocco

Influent members of the French political class urged Macron to recognize the Sahara as part of Morocco, following similar moves by the US and Israel. While France has supported Morocco’s autonomy initiative, the administration of President Macron has yet to make its stand clear on the matter amid a global momentum in favor of Morocco’s […]

Energy Europe Headlines International Morocco

Green Hydrogen: UK Oblin planning major zero-carbon project in Moroccan Sahara

UK Oblin group, which builds and operates hybrid utility scale solar, wind, hydro, biomass, waste to energy power stations, will carry out a major green hydrogen project in the Moroccan Saharan Dakhla-Oued Eddahab region. This zero-carbon project was disclosed following a visit paid lately by a delegation of investors, led by Oblin’s CEO, Brannan Tempest, […]

Africa Features Headlines International

Burkina Faso introduces new taxes to raise fund to fight terrorism

Burkina Faso has introduced new taxes including levies on telephone services in a bid to raise funds to be used in the fight against terrorism, the West African country’s news agency (AIB) announced. Aboubakar Nacanabo, the Minister of Economy announced the taxes on telephone services, re-subscription of private cable television channels and sale of land […]

Africa Features Headlines International

U.S pledges $380m in humanitarian aid for Africa

The United States will provide an additional $380 million in humanitarian assistance for Africa, top diplomat Antony Blinken announced Thursday. “With this funding, the United States has provided more than $4 billion in humanitarian assistance this fiscal year to respond to the needs of refugees, internally displaced persons, and people affected by conflict and crisis […]

Business Egypt Emerging Markets Headlines

Egypt turns to China, Italy to set up third domestic fertilizer complex

China’s Wuhan Engineering Co. and Italy’s Ballestra will help Egypt set up a new domestic fertilizer Complex, the third of the North African country. Egyptian President Abdelfattah al-Sisi discussed on Wednesday with officials from both foreign companies, “Ahram Online” reports citing the Presidential office. The future Complex will complement the existing production of phosphate and […]

Asia Business Finance Headlines International Tunisia

Saudi Arabia to provide Tunisia $500m as soft loan and grant

Saudi Arabia will give Tunisia $500 million as a soft loan and a grant to help improve its public finances with the national budget suffering a $2-billion deficit,  the Saudi state-run news Agency SPA reports. Tunisia is facing an acute economic crisis compounded by the pandemic coupled with a tense domestic political crisis. The North […]