Africa Business Emerging Markets Europe Headlines International

Spain to launch seasonal workers program for Senegalese

Spain is expanding its so-called circular migration program to its first sub-Saharan African country by hiring at least 100 Senegalese to boost Spain’s agricultural sector, while also seeking to reduce the death toll of Africans illegally migrating to Europe. By including Senegal into the program, companies in Spain will be able to hire at least […]

Business Emerging Markets Europe Headlines International Morocco

Morocco, pillar of stability in the region (Várhelyi)

Morocco is a flagship country and a pillar of stability in the region, said Thursday in Rabat, the European Commissioner for Neighborhood Policy and Enlargement, Olivér Várhelyi, who stressed the “extreme importance” of the Morocco-EU partnership. In a global context marked by multiple challenges, it is not easy to find stable partners like Morocco, hence […]

Africa Emerging Markets International

Nigeria: Opposition parties challenge election results, call for annulment

While Bola Ahmed Tinubu was officially declared the winner of last Saturday’s presidential election in Nigeria, two major opposition parties say the results were rigged and have vowed to challenge the results in court. Nigeria’s opposition renewed calls for the election result to be overturned on Thursday, March 2, a day after the country announced […]

Africa Business Emerging Markets Headlines International

East Africans’ real income to rise under AfCFTA — World Bank

East Africa is set to benefit from swift implementation of the African Continental Free Trade Area (AfCFTA), according to the World Bank, and this will be accomplished particularly by lowering trade expenses related to trade facilitation, as well as decreasing the costs of non-tariff policies and non-tariff obstacles. The AfCFTA has been well-designed to strengthen […]

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Namibia launches residence by investment program to lure foreign investors

Namibia and Henley & Partners, the global leader in residence and citizenship planning have unveiled a Residence by Investment Program in view of attracting foreign investment to boost the economic growth of the Southern African country. The program, Namibia Daily News report, offers a renewable five-year work permit to successful investors who invest a minimum […]

Africa Business Emerging Markets Headlines International

Nigeria, South Africa ‘gray-listed’ by global anti-money laundering watchdog

The inclusion of Nigeria and South Africa, the continent’s leading economies, on a ‘gray list’ by the Financial Action Task Force (FATF) could present far-reaching setbacks to the two countries’ economic growth. The warning by the Paris-based FATF, a global anti-money laundering and terrorism financing watchdog, comes in the midst of a difficult financial phase […]

Africa Business Emerging Markets Headlines International

Equality drive: African female entrepreneurs want equal opportunities within AfCFTA

While Africa claims top three spots in Mastercard Index for highest concentration of women business owners in the world, a great majority of females on the continent are still struggling with gender biases in their every-day lives. Women leaders from across Africa attending a recent first International Conference on Women’s Transformational Leadership, in Juba, South […]

Business Emerging Markets Headlines Morocco

Abundant rainfall augurs well for 2023 crop year

The recent rainfall across Morocco has dissipated fears of another dry year auguring well for the crop year and filling dams. Farmers in different regions in Morocco bore the brunt of consecutive years of drought that slashed crops, emptied dams and depleted ground water. With the latest rainfall, the average dam filling rate returned to […]

Africa Business Emerging Markets Headlines International

Africa must combat illicit trade in natural resources — reports

To protect its abundant natural resources, African countries need to make concerted efforts to combat illicit resource trade, according to reports from the African Development Bank (AfDB) and United Nations Environment Program (UNEP). Africa boasts a significant amount of the world’s natural resources, both renewable and non-renewable, including arable land, oil, natural gas, minerals and […]

Business Emerging Markets Europe Finance Headlines International Morocco

Removal from Gray List, a scathing disavowal of Morocco’s detractors within European Parliament

The decision, taken Friday in Paris, by the Financial Action Task Force (FATF) to remove Morocco from the gray list, confirms the regional and continental leadership of the Kingdom in terms of sound financial governance and stands as a scathing disavowal of the Kingdom’s detractors within the European Parliament. The FATF’s members decided, unanimously, to […]