Africa Emerging Markets Headlines International Technology

Cassava Technologies teams up with Nvidia to launch Africa’s first AI factory

Cassava Technologies, founded by Zimbabwean telecom mogul Strive Masiyiwa, has announced a groundbreaking collaboration with Nvidia to establish Africa’s first AI factory. The initiative, which will integrate Nvidia’s advanced computing and AI software into Cassava’s South African data centers by June 2025, aims to equip African businesses, governments, and researchers with world-class AI infrastructure. This […]

Business Emerging Markets Europe Headlines International Morocco

Morocco, a key market with great potential, Airbus official says

Airbus’s Executive Vice President International, Wouter Van Wersch, described Morocco as a key market for the aircraft manufacturer, citing its “enormous” growth potential. “The Kingdom is a key country for Airbus. We have long-lasting relations and we aim to continue expanding our bilateral ties. It’s very important to us,” Wersch told MAP in an interview, […]

Business Emerging Markets Headlines Morocco

Tanger Med climbs in Alphaliner global container port ranking

Tanger Med jumped to the 17th position among the World’s largest container ports, Alphaliner said in its recent ranking. The Moroccan port won two places after it handled 10.24 million TEU containers in 2024, compared to 8.61 million the previous year. Tanger Med Port, at the gate of the Gibraltar Strait, outperformed all Mediterranean and […]

Americas Business Emerging Markets Headlines International Morocco

U.S. trade mission to visit Morocco in May 2025 to explore joint business opportunities

A U.S. trade mission will visit Morocco in May 2025 to explore joint business and investment opportunities offered in the North African Kingdom & Africa in agrifood and other sectors. The Western U.S. Agricultural Trade Association (WUSATA) and the 15 Western Region Departments of Agriculture announced participation in the trade mission offering U.S. exporters an […]

Business Emerging Markets Headlines Morocco

Morocco’s dam filling rate improves on recent rainfall

Dam filling rate increased to an average of 37% in Moroccan dams totalling 6.3 billion cubic meters, thanks to recent rainfall which revived farmers’ hopes after a prolonged drought. The rate improved from 26% last year, thanks to a sustained rain and snowfall that has continued across the Kingdom since early March. The filling levels […]

Business Emerging Markets Europe Features Headlines International

DP World appoints Mota-Engil to develop DRC’s first deep-water Banana Port

DP World has appointed Portuguese construction giant Mota-Engil to oversee the development of the Banana Port, the Democratic Republic of Congo’s (DRC) first deep-water maritime gateway. Located in Kongo Central province along the Atlantic coast, the port is expected to revolutionize trade in the DRC and strengthen regional economic networks. Banana Port, one of Africa’s […]

Business Emerging Markets Headlines Morocco

IATA supports Morocco’s airports strategy 2030 to turn country into major global aviation hub

The International Air Transport Association (IATA) has lauded Morocco’s “Airports Strategy 2030” aimed at modernizing airport infrastructure, enhancing the passenger experience, and turning the country into a major global and regional aviation hub. Aviation is a key pillar of Morocco’s economy. In 2023, aviation (including aviation-related tourism) supported856,000 jobs and contributed 7.9% ($11.2 billion) to […]

Africa Emerging Markets Headlines International Morocco

AU PSC calls for integrating environmental dimensions in peace, security & development strategies in Africa

The Peace and Security Council (PSC) of the African Union (AU) underscored the importance of integrating environmental and climate dimensions, including agricultural adaptation, into peace, security, and development strategies in Africa. In a communiqué issued on Saturday following a meeting on “Climate Change: Challenges to Peace and Security in Africa,” held recently under the chairmanship […]

Africa Americas Emerging Markets Finance Headlines International

Ethiopia implements taxation overhaul to address USAID funding gap

Ethiopia’s parliament has enacted a sweeping tax reform targeting both private and public sector employees to fill the financial void created by USAID’s recent funding suspension. The newly established Ethiopian Disaster Risk Response Fund will channel these tax revenues toward critical projects previously sustained by USAID, which had been Ethiopia’s foremost development and humanitarian partner. […]

Africa Emerging Markets Headlines International Morocco

Coming Crans Montana Forum to focus on royal vision for promoting the Atlantic as a lever for economic, social development

The upcoming edition of the Crans Montana Forum, scheduled to take place in Casablanca April 24 to 26, will feature several sessions dedicated to the vision of King Mohammed VI regarding the promotion of the Atlantic as a lever for economic and social development. The announcement was made by Jean-Paul Carteron, Founder and President of […]