Asia Business Emerging Markets Headlines International

China’s FM on Africa charm offensive tour calls for Gaza ceasefire

China’s Foreign Minister Wang Yi has kicked off his inaugural trip of 2024 that takes him to four countries around Africa, focusing on diplomacy, economics, and security issues on the continent. During his first stop in Cairo, the top Chinese diplomat called for a ceasefire in Gaza and the start of the implementation of the […]

Africa Business Emerging Markets Headlines International Morocco

Nigeria: Akwa Ibom State, OCP Africa, NSIA Set to Promote Cooperation in Agricultural Sector

Strengthening cooperation in the field of agriculture was at the heart of recent discussions between Akwa Ibom State, in southeastern Nigeria, OCP Africa, a subsidiary of the OCP Group, world leader in the production and export of phosphates, and the Nigeria Sovereign Investment Authority (NSIA). The strategic meeting was held at the request of the […]

Africa Asia Business Emerging Markets Headlines International

Resource curse: more Africa countries could benefit from China’s new tariff-free policy

China’s recent announcement that it was expanding its tariff-free policy to additional African countries, namely Angola, Gambia, Congo, Madagascar, Mali and Mauritania, may be a catalyst for new opportunities amid criticisms about the trade imbalance, according to experts. The Chinese government announced on 25 December 2023 that it was granting the additional six African states […]

Africa Business Emerging Markets Headlines International

Africa Collective to showcase continent’s opportunities during its week-long agenda in Davos

Africa Collective, an independent, business-driven network dedicated to creating a platform for exchange and action on African topics, will kick off a series of activities during the time of the World Economic Forum (WEF), which takes place January 15-19  in Davos, Switzerland. Held in partnership with the African Continental Free Trade Area (AfCFTA) Secretariat, Africa […]

Asia Business Egypt Emerging Markets Headlines International Morocco

Morocco, UAE, Egypt, Jordan, Bahrain team up in industrial partnership

Morocco joined an Arab industrial cooperation partnership bringing together the UAE, Egypt, Jordan and Bahrain aiming to promote investments and economic development. The partnership’s MoU was signed in Manama by the five countries during a high-level ministerial meeting, attended by Moroccan industry minister Ryad Mezzour. The partnership offers a promising cooperation platform to support sustainable […]

Africa Business Emerging Markets Headlines International

Rwanda poised to invest in tourism in Gabon

Rwanda Development Board (RDB) is mulling plans to invest in Gabon’s tourism sector in a bid to make travel easy for visitors of the two countries. RDB chairman Francis Gatare led a delegation that met this week with General Brice Clotaire Oligui Nguema, the transitional leader of the central African country. Talks between the two […]

Columns Emerging Markets Europe Features Headlines International Morocco

Algeria suffers its first 2024 diplomatic setback as it clutches at South Africa’s straw

Algeria and its ally South Africa have both ensued a painful diplomatic setback when Morocco won the presidency of the UN Human Rights Council by a comfortable majority of votes. The two resource-rich African countries have waged a campaign against Morocco’s bid using all sorts of propaganda in defiance of an African consensus backing Morocco’s […]

Emerging Markets Finance Headlines Morocco

Morocco’s economic growth to improve to 3.2% in 2024 despite drought

Morocco’s economic growth would pick up to 3.2% in 2024 from 2.9% expected in 2023, amid persisting drought but improving exports, planning agency HCP said. The forecast is closer to that of the World Bank which sees the economy growing by 3.1% this year after 2.8% last year. The agency expects Morocco to reap a […]

Africa Americas Columns Emerging Markets Europe Headlines International Morocco

Washington, NGOs, pundits congratulate Morocco on election to Presidency of UNHRC

The United States has congratulated Morocco on its election to the Presidency of the UN Human Rights Council for 2024, while committing to strengthening bilateral cooperation for the sake of the promotion of human rights in the world. “My heartfelt congratulations to Morocco and Ambassador Omar Zniber after being elected President of the UNHRC in […]

Africa Business Emerging Markets Europe Headlines International Morocco

UK seeks to build mutually beneficial partnership with Morocco

British Envoy for the UK-African Investment Summit 2024 (UK-AIS), Alastair McPhail, expressed eagerness to “building a modern partnership of mutual benefit with Morocco.” “We look forward to building a modern partnership of mutual benefit based on respect with Morocco and others,” McPhail told the press after talks in Rabat with Minister of Foreign Affairs, Nasser […]