Africa Americas Business Columns Emerging Markets Features Headlines International

What US elections could mean for Africa’s trade and investment

The upcoming high-stakes presidential election in the United States will be consequential to every region of the world, not least Africa, as its result will determine the nature of future interactions between this leading global power and African countries, according to experts and observers. While Democratic Vice President Kamala Harris and Republican former President Donald […]

Africa Business Emerging Markets Headlines International Mauritania

Mauritania/Senegal: Towards strengthened cooperation

The thirteenth session of the Mauritania-Senegal Joint Cooperation Commission, held in Nouakchott, reviews existing agreements and explores new areas for mutually beneficial collaboration. This year’s session prioritized sectors crucial to economic and social development, including fisheries, energy, transport, higher education, livestock, trade, and digital technology. The discussions aim to produce recommendations that will shape future […]

Business Emerging Markets Finance Headlines International Morocco

IFC, MIGA, International Banks partner with Morocco’s Tanger Med Port Complex to expand truck and passenger terminal

The International finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), both members of the World Bank Group, have partnered with Tanger Med Port Complex, the leading industrial port complex in the Mediterranean, to expand the truck and passenger terminal and strengthen Morocco’s strategic position as a hub for regional and global trade, IFC […]

Asia Business Emerging Markets Headlines International Morocco

Automotive: Morocco, leading exporter to Europe, outperforming China in 2023

Morocco has become the largest automotive exporter to the European Union. With a robust growth trajectory in finished vehicle production, the country’s trade with Europe is set to further expand in the coming years, said London-based magazine “Automotive Logistics”. In 2023, Morocco’s automotive exports to the EU saw a substantial increase, reaching a value of […]

Emerging Markets Europe Headlines International Morocco

Morocco’s FM highlights significance of strengthened ties with France

Morocco’s foreign minister Nasser Bourita highlighted the depth of relations with France which came following Paris unequivocal support for Morocco’s sovereignty over the Sahara. In an interview with Le Point, Bourita said the visit by Macron to Morocco on October 28-30 marked “the beginning of a new chapter in Moroccan-French relations under the leadership of […]

Africa Emerging Markets Energy Headlines International Morocco

Nigeria-Morocco gas pipeline in land acquisition stage

A gas pipeline that will connect Nigeria to Morocco has reached the land acquisition stage, the Nigerian National Petroleum Company Limited (NNCPL) said. Surveys are currently underway for Environmental and Social Impact Assessments of the project that will cost some 25 billion dollars and benefit 13 countries in West Africa. The update was given at […]

Emerging Markets Energy Finance Headlines Libya

Libya to lead Arab countries in economic growth by 2025, IMF forecasts

The International Monetary Fund (IMF) has projected that Libya will lead the Arab world in economic growth by 2025, anticipating an impressive growth rate of 13.7%. According to a recent report from the IMF, Libya’s economic growth is expected to escalate from a modest 2.4% in 2023 to this remarkable figure in 2025, positioning the […]

Africa Emerging Markets Finance Headlines International

Bridging the gap: multibillion-dollar FASA fund to finance agri-SMEs in Africa

Norway, South Korea, the United Kingdom, and the United States have officially launched a multi-donor “fund of funds”, known as FASA, whose aim is to address the financing challenges faced by agricultural small and medium-sized enterprises (agri-SMEs) across Africa. Over the next 10 years, the “Financing for Agricultural Small and Medium Enterprises in Africa” Fund, […]

Emerging Markets Headlines International Mauritania Morocco

Morocco, Mauritania determined to upgrade their military cooperation

Morocco and Mauritania have voiced their shared determination to upgrade their military and defense cooperation. This came during a meeting held in Marrakech between Inspector General of the FAR and Commander of the South Zone, Mohammed Berrid, and Mauritanian Minister of Defense Hanena Ould Sidi, on the sidelines of Marrakech Air Show 2024. The meeting […]

Africa Asia Emerging Markets Headlines International Morocco

Marrakech Air Show 2024: Moroccan military cooperation discussed with UAE, Cape Verde

Moroccan military and defense cooperation with the United Arab Emirates and Cape Verde was discussed on the sidelines of Marrakech Air Show 2024 held October 30 through November 2. In this connection, Inspector General of the FAR and Commander of the South Zone, Lieutenant General Mohammed Berrid, held separate meetings Thursday with Chief of Staff […]