Since Africa’s population has quadrupled since 1960, and is projected to double again by 2050, experts are pondering a crucial question for the future of the continent: how can enough work be created for the increasing numbers of youth arriving on the continent’s labor markets? Development economists have followed with a great concern that, in […]
Emerging Markets
Zimbabwe: China’s CNR acquires Williams Minerals lithium mine amid rising demand
China Natural Resources (CNR) has acquired Zimbabwe’s Williams Minerals lithium mine from Feishang Group and Top Pacific for $1.75 billion, the aim being to strengthen the Chinese company’s position in the lithium market and increase its capacity to supply the critical resource to its customers. This strategic move by CNR was motivated by the rising […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]









