Europe Headlines International

President Macron reduced France to ‘geopolitical insignificance’- The Telegraph

French President Emmanuel Macron’s foreign policy, which appears to be motivated solely by his personal glorification, has reduced France to geopolitical insignificance, the British daily The Telegraph wrote on Thursday. The French president seems to believe that he combines the strategic genius of a Napoleon, the diplomatic cunning of a Talleyrand and the heroic stature […]

Emerging Markets Finance Headlines Morocco

Arab Monetary Fund supports Morocco’s financial & banking sector with $277 Mln loan

The Arab Monetary Fund has agreed to provide Morocco a $277 Million loan to support the country’s financial and banking sector and enable it maintain its economic stability amid a soaring global inflation due to the Russia-Ukraine war. The loan, announced on Thursday by the fund, will strengthen control & supervision of Moroccan financial and […]

Africa Europe International

Mali: Germany set to withdraw its troops by 2024, as Islamic State conquers key town

Germany is counting on nine to 12 months to withdraw its soldiers from Mali, just as jihadists affiliated to Islamic State group have made a significant advance to take Tidermene in the southeastern part of the country, further isolating the regional capital Menaka. Germany’s withdrawal was imposed by the new realities of the West African […]

Business Emerging Markets Europe Headlines International Morocco

Conference in Madrid highlights importance of Morocco-Spain fixed link project

The strategic importance of the fixed link project, through the Strait of Gibraltar, between Morocco and Spain, for both kingdoms and for Europe and Africa was the focus of a conference held this week in Madrid. During this meeting, held at the Casa Árabe, an institution under the Spanish Ministry of Foreign Affairs, on the […]

Africa Headlines International

Burkina Faso declares ‘general mobilization’ after series of terrorist attacks

Burkina Faso’s military junta declared a ‘general mobilization’ which should help the army to recapture 40% of the country’s territory, which is controlled by terrorists affiliated with Al-Qaeda and the Islamic State group, as the deadly insurgency continues. The goal of the ‘general mobilization’ is to give the state “all necessary means” to combat a […]

Africa Energy International

Central Africa’s new gas mega-project to provide millions with access to electricity

With more than 60% of Central Africa’s population having no access to electricity, the ambitious Central African Pipeline System (CAPS) project aims to change that with a network of pipelines, refineries and gas-fired power plants stretching across 11 countries in the region. However, the proposal by the Central Africa Business Energy Forum to build 6,500 […]

Africa Business Emerging Markets International

Kenya’s economy powers ahead to overtake Angola, as Ethiopia stretches its lead

The size of Kenya’s economy will overtake that of Angola, Africa’s leading oil producer, this year even as Ethiopia stretches its lead, according to the projection presented in the International Monetary Fund’s (IMF) latest World Economic Outlook. The IMF projects Angola’s gross domestic product (GDP) to shrink during the period, hence catapulting Kenya, whose economy […]

Business Emerging Markets Headlines Morocco

Morocco suspends VAT for agricultural production tools

The Moroccan government adopted a decree canceling the value-added tax on agriculture inputs in a bid to lower food prices. The measure is in line with government efforts to curb inflation for farm produce after food inflation soared 20.1% in February. The VAT exemption covers production equipment and other products used to maintain plants in […]

Europe Headlines International Morocco

Morocco thwarts migrants’ mass storming of Ceuta enclave

  Moroccan authorities foiled an illegal migration attempt by nearly 150 sub-Saharan migrants in an area near the Spanish-occupied enclave of Ceuta.   At least 70 migrants were arrested in the operation which left 14 security forces and 6 migrants injured, the interior ministry said in a statement.   The crossing attempt was violent with […]

Africa Americas Business Emerging Markets Headlines International

South Atlantic Peace & Cooperation Zone holds VIII ministerial meeting in Cape Verde

The Cape Verdean island of São Vicente will host next week the first ministerial meeting of the South Atlantic Peace and Cooperation Zone (Zopacas) in more than 10 years, according to an official source. The VIII ministerial meeting of the organization will be held on April 18, at the Oceanographic Center of Mindelo, island of […]