Africa Business Emerging Markets International

AfCFTA calls for streamlined customs processes, visa removal to unleash intra-Africa trade potential

The African Continental Free Trade Area (AfCFTA) needs to remove visas and reduce custom processes to ease movement of goods within the African continent — this is the main appeal voiced by the Pan-African Private Sector, under the umbrella body of the African Business Council (AfBC). During the AfCFTA Business Forum recently held in Cape […]

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Sudan fighting likely to affect supply chains, disrupt regional trade — analysts

As fierce battles between armed forces loyal to two rival generals continue raging and with Sudanese counting their losses, the wider region is already reeling from the impact of the one-week conflict due to Khartoum’s economic importance in Northeast Africa, according to analysts. Khartoum’s economic importance to its neighbors have already been felt and, as […]

Emerging Markets Europe Headlines International Morocco

UK Diplomat Magazine: “MENA Diplomat of the Year 2023” award goes to Moroccan ambassadoro

The “MENA Diplomat of the Year 2023” award was granted to Morocco’s Ambassador to the United Kingdom, Hakim Hajoui, during the 13th edition of the Diplomat magazine’s awards ceremony held on Monday. This award recognizes the forward-looking vision of King Mohammed VI and the exceptional progress scored by the North African Kingdom, said the Moroccan […]

Business Editorials Emerging Markets Headlines Morocco

First Morocco-made military vehicle to be unveiled during coming Industry Meeting Days

The first 100% Morocco-made military vehicle, an important step in the industrial development of the Kingdom, will soon be presented to the world during the next edition of the Industry Meeting Days to be held in Tangier, announced the manufacturer FAR Group AFRICA. FAR Group AFRICA will unveil the ‘African Lion’, the first military vehicle […]

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Study refutes claim all Chinese firms in Africa underpay local workers

Chinese firms operating in Africa are often accused of underpaying local workers, but a new study conducted by British experts in Angola and Ethiopia suggests that this reputation is undeserved. As Chinese companies have become active in sub-Saharan Africa, they’ve earned a reputation for paying their local workers less than their Chinese colleagues. But based […]

Business Emerging Markets Europe Headlines International Morocco

Maintaining ‘very good’ relations with Morocco is a must – Spanish officials

Spanish Presidency Minister Félix Bolaños on Friday said that his country must have “very good” relations with Morocco, calling the North African Kingdom a “strategic ally” in various areas. “Morocco is a strategic ally with which we must maintain a very good relationship for the good of our country,” said Bolaños, who was the guest […]

Africa Business Emerging Markets Headlines International

African govt’s should crack down on illicit trade to increase tax revenue — study

As 93% of the most climate-vulnerable countries in the Global South are “drowning in debt, according to a new research from ActionAid, experts warn that illicit trade greatly exacerbates this budgetary disaster, which in turn robs governments of massive amounts of tax revenue while undermining medical, environmental and economic health. The ActionAid study also rings […]

Africa Business Emerging Markets Headlines International

East African economies powering ahead, EAC may become continent’s next regional powerhouse

East Africa could soon become Africa’s economic powerhouse if ongoing plans to expand the seven-member East African Community (EAC) are implemented successfully, as latest figures from the International Monetary Fund (IMF) indicate. The EAC’s gross domestic product is expected to hit $346.17 billion in 2023, according to the IMF’s latest forecast, which can be attributed […]

Africa Business Emerging Markets International

Tanzania’s, Kenya’s flag carriers explore new cargo partnership

Air Tanzania Company Limited and Kenya Airways top officials have met to discuss the possibility for a cargo transportation collaboration aiming to increase value and reduce operating coasts. Kenya Airways Group managing director Allan Kilavuka, who visited Tanzania recently, said in a statement that the two airlines could cooperate in different areas, particularly in cargo […]

Business Emerging Markets Europe Headlines International Morocco

UK Parliament: Morocco showcases inclusive development of Saharan Provinces

Several British lawmakers were briefed earlier this week at the UK Parliament on the social and economic development achieved in Morocco’s southern provinces, and on the autonomy plan offered by Morocco for the Sahara under its sovereignty. After presentations made by member of Dakhla Oued-Eddahab regional council Mrs. Ghalla Bahiya, and Morocco’s Ambassador to UK […]