Africa Business Emerging Markets Headlines International

East Africans’ real income to rise under AfCFTA — World Bank

East Africa is set to benefit from swift implementation of the African Continental Free Trade Area (AfCFTA), according to the World Bank, and this will be accomplished particularly by lowering trade expenses related to trade facilitation, as well as decreasing the costs of non-tariff policies and non-tariff obstacles. The AfCFTA has been well-designed to strengthen […]

Africa International

Security forum in Senegal focuses on preventing violent extremism in Africa

Discussions about the fight against rising violent extremism in Africa, particularly in the Sahel region, are dominating a meeting of security experts in Dakar, Senegal, this week, which is happening against the backdrop of increasing Islamist militant attacks and growing instability. While scores of conferences, forums and training exercises have been held over the past […]

Europe Finance Headlines International Morocco

EU supports Morocco’s socioeconomic development with €500 Mln funding

The European Union announced on Thursday a new financial package worth €500 million for Morocco. The financial support will enable the North African Kingdom to carry out five projects aiming to strengthen further social protection, green transition, financial inclusion, reform of public administration and improvement of management of migration. The new cooperation deals were inked […]

Columns Europe Headlines International Morocco Opinions

French President downplays crisis with Morocco

In his first comment on the frost between Morocco and France, President Macron boiled the issue down into a mere “controversy”, a statement that failed to convince the political class in Rabat. Speaking publicly on France’s African strategy, Macron spoke about what he described as “friendly” ties with his majesty but denied any involvement of […]

Africa International

Protest takes in place in DRC ahead of President Emmanuel Macron’s slated visit

A few dozen Congolese demonstrated Wednesday in front of the French embassy in Kinshasa to reject the planned visit of French President Emmanuel Macron, reports say. The protesters chanted “Macron assassin” or “Macron get out”, some waving Russian flags. “Rwanda, a country which has been attacking us for more than 25 years, leaving over forty […]

Africa Business Headlines International

African companies prefer trading with non-African countries, ignoring local FTAs

African exports to other continents surpass the continent’s intercontinental trade, the United Nations Conference on Trade and Development (UNCTAD) has found, with Africans preferring import tariffs provided by the United States, European Union, Canada, and Japan (the “Quad nations”). Despite growing calls for increased intraregional trade, companies in Africa are taking advantage of preferential trade […]

Energy Europe Headlines International Morocco

Oil exploration: UK Genel Company signs association deal with Morocco

British company Genel Energy announced a petroleum agreement and association contract sealed with the Office National des Hydrocarbures et des Mines (ONHYM) for offshore exploration in Lagzira block in Morocco. The deal sets out an eight-year exploration term consisting of three phases. The Lagzira block (formerly Sidi Moussa) is a large offshore license that hosts […]

Africa Community Headlines International

Six countries, Somali Americans call for end to violence in breakaway Somaliland

Six countries have issued a joint statement expressing concern over escalating fighting in the northern breakaway region of Somaliland, as also Somali-American demonstrators called for an unconditional cessation of hostilities. Qatar, Somalia, Turkey, the United Arab Emirates, the United Kingdom and the United States have expressed concern over fighting around a disputed town in Somaliland, […]

Europe Features Headlines International Morocco

EU Commissioner Oliver Varhelyi visits Morocco amid tensions with European Parliament

European Union commissioner for Neighborhood & Enlargement Oliver Varhelyi started Monday a two-day visit to Morocco amid tensions with the European Parliament following the orchestrated smear campaign carried out by some MEPs against the North African Kingdom. In his twitter account, Mr. Varhelyi said talks in Rabat will focus on how to deepen further strategic […]

Africa Features Headlines International

Tanzania opposition figure comes back home after years in exile

Tanzanian opposition politician Godbless Lema has returned home after two years in exile in Canada over threats to his life following a disputed election. A huge crowd came to welcome the former lawmaker from the main opposition Chadema party who fled the country in November 2020, AFP reports. Lema said he “wept” upon seeing such […]