Africa Business Emerging Markets Headlines International

Biden endorses AGOA extension, as African countries sought to boost benefits at Johannesburg summit

The US President Joe Biden endorsed the extension of the African Growth and Opportunity Act (AGOA) upon its expiry in September 2025. “I strongly support re-authorization of the African Growth and Opportunity Act — a landmark, bipartisan law that has formed a bedrock for US trade with sub-Saharan Africa for more than two decades,” said […]

Africa Emerging Markets Headlines International Morocco

2026 World Cup Qualifiers: Several African teams choose Morocco as a venue for their matches

Morocco will host nine matches this current November, as part of the opening rounds of the African qualifiers for the 2026 FIFA World Cup, which will be co-hosted by the United States, Canada, and Mexico. The Royal Moroccan Football Federation has stated in a post on its website that within the framework of activating the […]

Africa Business Emerging Markets Europe Headlines International Morocco

Europe-Africa Relations: Morocco pleads for co-development cooperation

President of the Moroccan Economic, Social and Environmental Council (CESE), Ahmed Réda Chami, called Friday, for an overhaul of the European vision vis-à-vis Africa, based on cooperation that “promotes co-development rather than extractivism.” Economic cooperation models between Europe and Africa should be reconsidered and re-oriented towards inclusive economic policies, promoting fairer trade, Chami said at […]

Americas Business Emerging Markets Headlines International Morocco

U.S. Commerce Department lowers duties on Moroccan phosphate imports

The U.S. Department of Commerce has decided to lower import duties on Moroccan phosphate fertilizers from 19.97% to 2.12%. U.S. farmers hailed the decision saying it will help ease the pressure and decrease fertilizer prices. The decision, which was announced Thursday, comes after Commerce officials conducted an administrative review on the countervailing duties (CVD) imposed […]

Americas Emerging Markets Headlines International Morocco

Morocco & U.S. discuss economic cooperation, regional stability & security

U.S.-Morocco Africa Working Group, part of U.S.-Morocco Strategic Dialogue, met on Monday in Washington to discuss mutual efforts across the African continent to promote regional stability and security. The meeting was co-chaired by Principal Deputy Assistant Secretary of State for African Affairs Jonathan Pratt, Deputy Assistant Secretary of State for Near Eastern Affairs Joshua Harris, […]

Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian joint military commission meets in Nouakchott

The Moroccan-Mauritanian Joint Military Commission held its 4th meeting in Nouakchott on Tuesday to review means of strengthening military cooperation in the various areas of training and education. The meeting was co-chaired by Lieutenant General Mohammed Berrid, Inspector General of the Royal Armed Forces and Commander of the Southern Zone, and Chief of the General […]

Africa Business Emerging Markets Headlines International Morocco

OCP Africa presents solutions for better food security at African Agricultural Technology Conference

OCP Africa, a subsidiary of Morocco’s OCP Group, has presented innovative solutions that could revolutionize agricultural practices in Africa. The presentation was made at the African Agricultural Technology Conference 2023, held in Nairobi October 30 – November 3 under the theme “Agricultural resilience through innovation.” OCP Africa explained to participants and visitors solutions to ensure […]

Africa Asia Business Emerging Markets International

IMF warns of Africa’s vulnerability to China’s slowing economy

While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the International Monetary Fund (IMF) has cautioned African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Xi’sUS$10 billion pledge for […]

Africa Americas Business Emerging Markets Headlines International Mauritania

U.S. reinstates Mauritania into AGOA after four-year hiatus

US President Joe Biden announced the eligibility of Mauritania for benefits under the African Growth and Opportunity Act (AGOA), which affects market access, investment, and reduced or eliminated tariffs on U.S. imports, four years after his predecessor Donald Trump suspended the Western African country over its failure to make progress on human rights – namely, […]

Business Emerging Markets Europe Headlines International Mauritania

Norwegian STAR SEAFOOD to invest €100m in Mauritania

STAR SEAFOOD, a Norwegian Seafood Company, is mulling plans to inject €100 million into Mauritania’s Nouadhibou free trade area for a three-phase project that will generate more than 2,800 jobs. The chairman of the authority of the FTA of Nouadhibou (the country’s second city) Ba Abdoulaye Mamadou met Monday October 30 with representatives of the […]