Africa Business Emerging Markets Headlines International

AU’s Flagship ‘Single African Air Transport Market’ project to boost tourism & trade — COMESA

Africa needs to establish a unified market for air transport to boost tourism and trade in the continent, according to a senior official of the Common Market for Eastern and Southern Africa (COMESA). Speaking during a recent workshop hosted in Egypt, Adikiny Olwenge, team leader at COMESA’s SATSD program, advocated for the development of an […]

Emerging Markets Europe Headlines International Lifestyle Morocco

88% of Moroccan professional football players are based in Europe

A new study showed that Morocco has 689 football players in different championships abroad, 88% of them in Europe. The study, conducted by the Moroccan football federation, FRMF, and the council for the Moroccan community abroad, CCME, was unveiled at a ceremony attended by national squad coach Walid Regrarui, and players of the national team. […]

Africa Business Emerging Markets Headlines International

Sub-Saharan Africa’s mobile economy projected to boom till 2030 — CSMA study

Sub-Saharan Africa is well on its way to reach 87% smartphone adoption by 2030, driven by falling prices and digital-native users, says a recent report, that also projects that the region will likely witness a surge in smartphone adoption and the rise of 5G technology. In an era characterized by technological advancements, the mobile market […]

Africa Asia Business Emerging Markets Energy Headlines International

Cameroon: new frontline in China-Australia trade war?

Despite being sued by Australia’s Sundance Resources, Cameroon is set to begin in August the construction of a railway line with two China-affiliated businesses, connecting the coast to substantial iron ore deposit on Congo Republic border. In December 2020, the Perth-based Sundance Resources and two other Australian mining companies, who aspired to develop one of […]

Americas Business Emerging Markets Headlines International Morocco

Morocco, MERCOSUR poised to strengthen relations

Ways to strengthening trade relations between Morocco and the Economic Community of South American Countries/Southern Common Market (MERCOSUR) were at the center of talks visiting President of the MERCOSUR Parliament Rubén Anibal Basigalupe and his accompanying delegation held with Moroccan officials and MPs. The purpose of the MERCOSUR parliamentary delegation’s visit to the Kingdom is […]

Africa Business Emerging Markets International

Nigeria: lawmakers denounce launch of ‘Nigeria Air’ by Buhari gov’t as “fraud”

Nigeria’s dreams for a domestic airline crash-land, as the lawmakers slammed the launch of the country’s new flag carrier Nigeria Air just days before the end of the administration, declaring it a “fraud”. Nigeria’s House of Representatives dubbed the purported 26 May launch of the Nigeria Air as “fraudulent,” while local media reported that major […]

Africa Business Emerging Markets Finance Headlines International

East African households urged to have own grain reserves to eliminate food insecurity

African households are highly recommended to have their own grain reserves as one of the solutions to food insecurity, The East African Business Council (EABC) has suggested in a new report that analyzes the effect of food inflation in the region. The EABC, a regional private sector body, says the grain reserves held by households […]

Africa Business Emerging Markets Finance Headlines International

Africa: Digital transformation in banking industry well underway — report

Banking access across Africa has increased in 2022, with 48% of the population having access to banking services, compared to 45% in 2017, according to the latest edition of the African Digital Banking Transformation Report, that attributes the growth to the popularity of mobile money and digital banking. Overall, the new survey paints a picture […]

Columns Emerging Markets Headlines International Maghreb Morocco

Israel’s recognition of Moroccanness of Sahara, just a matter of time

More and more influential Israeli politicians and senior personalities are pushing their government and country to officially recognize Morocco’s sovereignty over its entire Saharan territory following in the footsteps of Washington. All experts say :“it is just a matter of time” in view of the solid cooperation ties that are gaining momentum in all sectors […]

Africa Emerging Markets Finance Headlines International Morocco

AfDB supports Morocco’s healthcare in rural areas with €120 Mln funding

The African Development Bank has announced a €120-million funding to support Morocco’s efforts to improve women-children’s healthcare in rural areas, especially in the regions of Beni Mellal-Khenifra, Draa-Tafilalet and Guelmim-Oued Noun. The bank’s financial support is destined to improve access to healthcare centers, modernize health services through innovative solutions that improve connectivity and streamline their […]