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 […]

Business Emerging Markets Headlines Morocco

Bloom Consulting: Morocco 4th most attractive African country for trade

Morocco is the fourth most attractive African country and 50th worldwide for trade, according to a ranking published by Spanish consulting firm Bloom Consulting. The Spanish consulting firm, specializing in Nation Branding, has published its report “Country Brand Ranking Trade – Edition 2022-2023”. In this ranking, the kingdom is in fourth place in Africa, behind […]

Asia Business Emerging Markets Headlines International Morocco Technology

Morocco eyes military gains from restored ties with Israel

Israeli air force commander General Tomer Bar is paying his first official visit to Morocco since the two countries restored ties in 2020, followed by similar visits of top army commanders auguring well for defense cooperation as Rabat seeks state-of-art military technology and investments. The visit features talks with his Moroccan peer General El Abd […]

Africa Emerging Markets Headlines International

AU summit: G20, BRICS as Africa’s route to greater global influence

The summit of the African Union (AU) in February 2023 has shown that the bloc is in the process of accession to the G20 grouping as a member while also becoming a participant of the BRICS+ meetings, which would in turn enhance Africa’s global influence. While Africa lacks a permanent seat on the UN Security […]

Africa Business Emerging Markets Headlines International

Ghana, Gambia join DCO seeking to build tech-based economies

Ghana and Gambia, both of which were recently welcomed as new members of the Digital Cooperation Organization (DCO), are now gearing up for tech-based economies where knowledge on 4IR is the new business capital. As legacy economies continue to fall out of favor the world over, the two west African countries are ramping up efforts […]

Africa Business Emerging Markets Europe International

EU-Kenya business forum: Ruto pushes for EU-EAC economic partnership deal

The first European Union-Kenya Business Forum concluded on Wednesday Feb.22 in capital, Nairobi, with Kenya’s William Ruto urging the EU to conclude economic partnership deal with the East African Community (EAC) regional bloc. The two-day forum brought together more than 500 participants including politicians, business executives, experts and diplomats. Ruto participated in the signing of […]

Africa Emerging Markets International

Nigeria election: leading presidential candidate Peter Obi still faces many challenges

With elections in Nigeria are just days away, the country’s politics might be on the verge of total upheaval with Peter Obi, a wealthy businessman, leading most election polls and threatening to reshape the established political order. The more established candidates Atiku Abubakar of the Peoples’ Democratic Party, and Bola Tinubu of the All Progressives […]

Africa Business Emerging Markets Europe Headlines International

African exporters to be most severely affected by EU’s incoming carbon border tariff — study

Concern is growing across Africa about the implications of the European Union’s decision to proceed with the implementation of a carbon border adjustment mechanism (CBAM) as a way of preventing so-called ‘carbon leakage’ by imposing a tariff on imports equivalent to the carbon prices being paid by European companies. The CBAM will be implemented later […]

Business Emerging Markets Europe Headlines International Morocco

Morocco, UK discuss ways to enhance bilateral trade

Visiting British Minister of State for Business and Trade Nigel Huddleston discussed with a number of Moroccan officials ways of enhancing trade between the two countries, particularly through the proposed maritime link between Morocco and the United Kingdom. “Morocco is the UK’s fourth largest trading partner in Africa and this is an opportunity to further […]