St. Vincent and the Grenadines has reaffirmed support for Morocco’s territorial Integrity, and considered the Autonomy Plan as being the ‘unique solution’ to the Sahara Issue. This position was expressed in a joint communiqué issued at the end of talks held in Rabat on Friday between the Prime Minister of Saint Vincent and the Grenadines, […]
Emerging Markets
African startups defy global VC funding downturn, with M&A becoming the norm
African venture results have declined in recent quarters, echoing the trends in other startup regions around the world, but with $1.1 billion raised in the first half of 2023, Africa’s startup ecosystem shows resilience in the face of the global venture capital (VC) funding downturn. Despite VC funding slowly retreating from the African market this […]
Egypt turns to China, Italy to set up third domestic fertilizer complex
China’s Wuhan Engineering Co. and Italy’s Ballestra will help Egypt set up a new domestic fertilizer Complex, the third of the North African country. Egyptian President Abdelfattah al-Sisi discussed on Wednesday with officials from both foreign companies, “Ahram Online” reports citing the Presidential office. The future Complex will complement the existing production of phosphate and […]
African energy experts make progress on continental power system masterplan
Energy stakeholders from across Africa who convened at a recent meeting in Benin’s capital, Cotonou, managed to made significant strides in the establishment of the African Single Electricity Market (AfSEM) and the development of the Continental Power Systems Master Plan (CMP), paving the way for major developments to come in the energy sector. The importance […]
Rabat and Moscow Discuss Bilateral Ties and Upcoming Russia-Africa Summit
The Moroccan-Russian relations and the 2023 Russia-Africa Summit due in St. Petersburg July 27-29 were at the center of talks held Wednesday in Moscow between Moroccan ambassador to Russia Lotfi Bouchaara and deputy foreign minister Mikhail Bogdanov. The two parties also discussed bilateral political dialogue on regional issues of common concern, said the Russian foreign […]
Morocco receives agreement in principle to obtain status of sectoral dialogue partner from ASEAN
Morocco received the agreement in principle to obtain the status of Sectoral Dialogue Partner from the Association of Southeast Asian Nations (ASEAN), at the 56th meeting of foreign ministers of member countries held on July 11 and 12, 2023, in Jakarta, Indonesia. Morocco, the first African country to benefit from this status, aims through this […]
African Union’s inclusion in G20 receives broad support at India meeting
There has been no disagreement thus far among various Group of 20 (G20) nations over India’s proposal to include the African Union (AU) into the global group, with the United States saying it will work closely with the Indian presidency on a joint communique at the 3rd Sherpa Meeting in Hampi, India. Since Indian Prime […]
Côte d’Ivoire freezes 2023-2024 cocoa exports due to bad weather
The world’s largest producer of cocoa, Côte d’Ivoire, has suspended its 2023-2024 exports citing bad weather that has caused the death of at least 30 people since April 2023. Yves Brahima Koné, head of the country’s cocoa regulator, told media that the freeze will deal a blow to buyers who are big raw materials trading […]
Egypt mulls plans to establish three new free Zones
Egypt is considering building three new Free Zones, Prime Minister Mostafa Madbouly announced Sunday to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). The future Zones, Madbouly’s office indicated in a statement, will be Alexandria, the 10th of Ramadan, and the 6th of October cities. The office also indicated that […]
Shell, Morocco sign LNG supply agreement
Morocco’s electricity and water utility ONEE signed a deal to buy from Shell 0.5 billion cubic meters of liquified natural gas (LNG) over 12 years in a push to increase the share of natural gas in its energy mix, Morocco’s ministry of energy transition said. In the first years, the LNG will be supplied via […]









