border-morocco-algeria

Food security, at heart of Morocco’s African policy- minister

Morocco has placed utmost priority on food security in its wider African policy, under the leadership of King Mohammed VI, foreign minister Nasser Bourita said. Morocco has relied on three levers to boost African food security: Morocco’s fertilizers and phosphates giant OCP, the agriculture ministry, and a south-south cooperation approach spurred by the king, Bourita […]

Mastercard ventures into African fintech, snapping up $5.2bn stake in continent’s no.1 telco

Mastercard has acquired a minority stake in the fintech subsidiary of South African telecommunications giant MTN in a deal valued at a whopping $5.2 billion, whereby the partnership will see Africa’s biggest mobile company to strategically leverage the US giant’s technology for its payments and remittance expansion in the continent. By snapping up the minority […]

Somalia formally joins East Asian Community but enormous security challenges remain

Somalia has finally been admitted to the East African Community (EAC) as its eighth member, thirteen years after its original application to join, as the economic bloc seeks to expand free trade across the region. Somalia was officially admitted to the East African Community (EAC) at the Summit of the East African Community (EAC) Heads […]