Africa Business Emerging Markets Features Headlines International

Namibia launches residence by investment program to lure foreign investors

Namibia and Henley & Partners, the global leader in residence and citizenship planning have unveiled a Residence by Investment Program in view of attracting foreign investment to boost the economic growth of the Southern African country. The program, Namibia Daily News report, offers a renewable five-year work permit to successful investors who invest a minimum […]

Business Egypt Features Finance Headlines

World Bank grants Egypt $9.13 M to expand the greater cairo air pollution management and climate change project

Egypt has secured $9.13-million grants from the World Bank for the expansion of the management of e-waste and healthcare waste under Greater Cairo pollution reduction project, the country’s Ministry of International Cooperation said in a statement. The grant would reinforce the original project’s environmental benefits, both locally and publicly, by improving e-waste and healthcare waste […]

Africa Energy Headlines International

Uganda set to begin oil drilling after French court dismisses case against TotalEnergies

A French court has dismissed a landmark lawsuit against controversial TotalEnergies projects in east Africa, which was filed by six French and Ugandan activist groups in 2018, using a 2017 law on multinationals operating outside France. This was the first time that NGOs tried to halt an oil project through a Paris courthouse. As Uganda […]

Africa Business Emerging Markets Headlines International

Nigeria, South Africa ‘gray-listed’ by global anti-money laundering watchdog

The inclusion of Nigeria and South Africa, the continent’s leading economies, on a ‘gray list’ by the Financial Action Task Force (FATF) could present far-reaching setbacks to the two countries’ economic growth. The warning by the Paris-based FATF, a global anti-money laundering and terrorism financing watchdog, comes in the midst of a difficult financial phase […]

Asia Headlines International Morocco

Morocco explains its vote for a UN resolution asking Russia to leave Ukraine

Morocco voted in favor of a UN General Assembly resolution last week breaking away with its previous abstentions. Moroccan foreign minister Nasser Bourita said the vote was in favor of the UN charter and in support of the territorial integrity of UN member states as well as in support of the peaceful resolution of conflicts. […]

Community Headlines Tunisia

Tunisia: Official doubles down on position, rules out apologies for racist statement

Tunisia’s top diplomat Nabil Ammar Tuesday said the North African country will not apologize for shocking statements, branded “racist” by many, made by President Kais Saied against Sub-Saharan migrants. President Kais Saied sparked an outcry last week after he made extremely hateful and racist remarks against African migrants who arrive in his country on their […]

Asia Egypt Finance Headlines International

Qatar, Egypt consider launching joint investment fund

Qatar and Egypt are studying possibilities to set a joint investment fund, Egyptian Minister of Planning Hala Al-Saeed told Bloomberg Tuesday following the signing of a set of agreements between the two countries to abolish double taxation aimed at boosting investments from the gas-rich Gulf state in Egypt. Saeed did not provide details about the […]

Africa Headlines International

Nigeria’s opposition parties reject ruling party’s victory over irregularities

Nigeria’s two main opposition parties on Tuesday called for the cancellation of the country’s weekend presidential elections won by Ruling party candidate Bola Tinubu, on the grounds of “massive manipulations” of the results. The Nigerian federal electoral body, INEC, crowned Tinubu winner of Saturday presidential poll after partial count of the votes. Tinudu of All […]

Europe Headlines International Morocco

Sahara: Austria considers Autonomy Plan as ‘Serious and Credible Contribution’ to UN-led Political Process

Austria considers the autonomy plan for the Sahara, presented by Morocco in 2007, as a “serious and credible contribution” to the UN-led political process and as a basis for a solution agreed upon by the parties. This came in the joint statement adopted at the end of the meeting, Tuesday in Rabat, between the Federal […]

Africa Americas Asia Columns Headlines International Maghreb Morocco Opinions

Boston Herald: Iranian drones deployed in North Africa pose threat to Morocco

The Iranian drones, which are being deployed in North Africa, are posing a direct threat to Morocco, said American daily Boston Herald, noting that Moroccan diplomats are actively raising the issue with Western governments. In an Op-Ed published lately, columnist Llewellyn King said that the Mullah regime, in collusion with Algeria, is supplying the Polisario […]