Americas Emerging Markets Headlines International Morocco

US First Lady to visit Morocco part of a coming trip to MENA region, Europe – Spokesperson

The First Lady of the United States Jill Biden will visit Morocco, part of a coming trip she is making to the Middle East, North Africa, and Europe shortly, her spokesperson Vanessa Valdivia announced on Friday. The Firt Lady’s visit to the kingdom is part of a tour of the Middle East, North Africa and […]

Asia Business Egypt Headlines International

Egypt in advanced talks to purchase 12 Chinese J-10 Vigorous Dragon fighter jets

Egypt is in advanced talks with China for the purchase of around 12 of the latest version of the J-10 Vigorous Dragon multirole combat fighter jet, The New Arab reports. Talks between the two sides started last year and the North African country is expected to send representatives of its Air force to the Chinese […]

Finance Tunisia

Tunisia warns IMF against red lines as talks for loan continue

Tunisia’s Foreign Minister Nabil Ammar indicated Thursday that the North African country is still in talks with the International Monetary Fund (IMF) for a $1.9-bllion loan, but warned there are red lines not to cross. “Tunisia will not break off negotiations with the IMF and its partners, but there is no question of crossing red […]

Africa Features Headlines International Morocco

Morocco Celebrates Africa’s Day and Its South-South Cooperation Policy

Morocco celebrated on Thursday Africa’s Day and its solidarity south-south cooperation spearheaded by King Mohammed VI for the emergence of a New, strong, stable, unified and prosperous Africa upbeat over its future. In a keynote address, Foreign minister Nasser Bourita said under the Royal farsighted leadership, Morocco has made African integration and South-South cooperation cornerstone […]

Africa Business Emerging Markets Finance Headlines International

Africa Day 2023: AU promotes AfCFTA, rejects great-power competition in Africa

The African Union (AU) used the celebrations of the 60th anniversary of ‘Africa Day’ this week to warn the continent not to become a “geo-strategic battleground” for global powers and also to promote the African Continental Free Trade Area (AfCFTA). Africa must not become a “geo-strategic battleground” for global powers, as it grapples with several […]

Business Emerging Markets Headlines Morocco

Industry takes lion’s share in Morocco’s government investment plan for 2023

The Moroccan government has approved 76.7 billion dirhams, or 7.67 billion dollars in investment projects, of which the industrial sector took the largest chunk. The government geared 53.6 billion dirhams to industry, that is 70% of the total investments planned this year, followed by desalination with 14% and renewable energies with 4%. In total 21 […]

Africa International

DR Congo slams regional forces for colliding with rebels

President Félix Tshisekedi of the Democratic Republic of Congo Thursday accused the regional forces deployed in the east of the central African country for cohabitation, except Burundi. Soldiers from Kenya, South Sudan, Uganda and Burundi have been deployed by the East African Community (EAC) in the east of Congo to back the local army struggling […]

Africa International

Fresh clashes in Guinea as anger mounts against military despite bans on protests

Mounting frustrations with Guinea’s interim military government have driven more people to join anti-government protests in the capital, Conakry, days after several private media and online outlets in the West African country launched a one-day boycott of news in protest at press and internet restrictions by the authorities. Seven people were killed on May 11 […]

Africa Community Headlines International

Rwanda’s fugitive ex-police chief arrested in South Africa over 1994 genocide

One of the last at-large suspects of the Rwandan genocide — a former police chief, Fulgence Kayishema — has been arrested in South Africa. He has allegedly orchestrated the killing of approximately 2,000 Tutsi refugees in 1994. The 62-year-old Kayishema was indicted by a UN tribunal on Rwanda in 2001 but has been on the […]

Africa Community Finance International

Staff at Cameroon’s branches of Standard Chartered Bank end strike over payment of bonus

Workers at Standard Chartered Bank in Cameroon have ended a several-day strike over the payment of a severance bonus amounting to more than one month’s salary per year of service, with no ceiling, and the payment of a bonus that does not include any discrimination or consideration based on performance and/or quality of service, Journal […]