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 […]

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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 […]

Africa Community Emerging Markets Headlines International Morocco

Morocco vows to strengthen active cooperation, solidarity with Africa

Morocco has renewed its strong and voluntary commitment to Africa and vowed to strengthen further its policy of active cooperation and solidarity with the continent, while reiterating its determination to work with African countries to achieve the objectives of the continental agenda 2063, aimed to build up a dynamic, strong, democratic and sustainable Africa. The […]

Business Egypt Emerging Markets Headlines

Egypt inks 3 framework agreements for car manufacturing with international, local car companies

The Egyptian government signed Thursday three framework agreements for automobile manufacturing with the aim of to achieve bonded cooperation between Egyptian government representatives and companies, working to achieve the goals of the National Automotive Development Program. The agreements were signed by representatives of the government, including Amr Noureldin, Legal Advisor to the CEO of the […]

Africa Business Emerging Markets Headlines International

Slow takeoff for Africa’s AfCFTA: Tanzania joining FTA in July, Nigeria not yet ready

The African Continental Free Trade Area (AfCFTA) market has been a long time coming, but several African nations and major companies have finally started shipping goods and trading a trickle of goods under the AfCFTA agreement signed in 2018. Tanzania is one of the African countries that have decided to take part in a new […]

Africa Business Columns Emerging Markets Headlines International Morocco Opinions

African food security, Morocco matches words with action

Morocco has offered 2000 tons of fertilizers in aid to Gabonese farmers in a series of similar moves that Rabat promised to take to alleviate the fertilizers crisis on the continent. The donation was made to Gabonese farmers as part of directives of King Mohammed VI who held talks on February 15 with Gabon’s president […]

Africa Asia Emerging Markets Headlines International

Africa unhappy with Western-led order, but rejects system led by Chinese, Russian autocrats — report

Global attitudes toward China and Russia have shifted since the Kremlin’s invasion of Ukraine, but African countries’ discontent with the West has not translated into a desire for Beijing or Moscow to wield greater influence over the international order, the annual report of the Munich Security Conference has found. Critics have accused African governments of […]

Africa Business Emerging Markets Headlines International Technology

Africa’s internet speed is rapidly improving — Ookla Speedtest Global Index

A number of African countries have surged in global rankings that gauge internet speeds at telcos and internet service providers, according to the Speedtest Global Index of median mobile internet download speeds by Ookla, a global network intelligence and connectivity research firm. As investments into network infrastructure and deployment on the continent intensify, by the […]