Africa Business Emerging Markets Headlines International

Ghana orders foreigners to exit its gold market as part of reform

Ghana has ordered all foreigners to exit trading in its gold market, as part of a new legislation that aims to streamline and formalize gold trade in the country, ensuring that Ghana benefits fully from its gold resources. The Ghana Gold Board (GoldBod) now holds exclusive control over the buying, selling, assaying, and export of […]

Africa Emerging Markets Headlines International Morocco Technology

Gitex Africa opens in Marrakech with participation of 1400 exhibitors

Gitex Africa, the continent’s largest technology festival, opened in Marrakech Monday with the attendance of 1400 exhibitors and 45,000 participants from 130 countries. Through the third edition of this event Morocco strengthens its foothold as a hub for technological innovation in Africa. Different stands explore the latest innovation technologies and artificial intelligence as well as […]

Business Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian partnership cuts watermelon prices in half in Nouakchott

An agricultural partnership between Moroccan and Mauritanian private producers is yielding significant benefits for consumers in Nouakchott, as locally grown “Moroccan watermelons” flood the market at dramatically reduced prices. The cooperation, established during the joint commission meeting between the two countries in February 2024, has enabled Moroccan watermelon varieties to be cultivated in Mauritania’s Rosso […]

Business Emerging Markets Features Headlines

As Africa’s debt crisis threatens progress, experts urge bold, homegrown solutions

Africa’s mounting debt burden — now standing at 64.3% of the continent’s GDP — is choking vital investments in health, education, and infrastructure, warns the United Nations Economic Commission for Africa (UNECA). Speaking at a recent Africa Regional Forum on Sustainable Development, UNECA executive secretary Claver Gatete painted a sobering picture: out of 144 Sustainable […]

Asia Emerging Markets Headlines International Morocco

Oman reiterates support to Morocco’s territorial integrity, commends King Mohammed VI for efforts to promote peace, security in Africa

The Sultanate of Oman voiced, on Sunday, its support for the territorial integrity and sovereignty of the Kingdom of Morocco over its entire national territory, and commended the pioneering role played by King Mohammed VI in promoting peace, security, and stability in Africa. This came in a joint communiqué issued at the close of the […]

Africa Business Emerging Markets Headlines International

Côte d’Ivoire warns of more expensive cocoa after US tariffs

Chocolate prices are set to surge further as Côte d’Ivoire warns prices of key ingredient cocoa are set to skyrocket following Trump’s tariffs. The US proposed 21% tariffs on Côte d’Ivoire imports, the highest among West African nations. However, Washington said the new tariff would enter into force after 90 days. “When you tax our […]

Business Emerging Markets Europe Headlines International Libya

Italy’s exports to Libya surge by 34% in 2024

The Italian Embassy in Libya announced a significant boost in bilateral trade, with Italian exports to Libya reaching €2.27 billion in 2024, marking a remarkable 34.2% increase from the previous year. This surge highlights Italy’s continued dominance in the Libyan market, with various sectors contributing to the growth, including medical supplies (up 44.7%), automotive products […]

Africa Emerging Markets Finance Headlines International

Africa emerges as prime destination for global private capital

In an era of profound global realignment, Africa stands at a transformational crossroads. The continent, with its burgeoning middle class, vast natural resources, and demographic dividend, represents an increasingly attractive frontier for international investors seeking diversification and enhanced returns. Recent geopolitical shifts have triggered a fundamental reconfiguration of global trade patterns and investment flows. These […]

Emerging Markets Europe Headlines International Morocco Technology

Gibraltar Fixed Link Project: Morocco & Spain agree on advancing engineering studies

Moroccan and Spanish experts have agreed to advance engineering studies related to the fixed link project across the Strait of Gibraltar at a meeting held Thursday in Madrid between officials from the Moroccan National Company for the Studies of the Strait of Gibraltar (SNED) and the Spanish Society for Fixed Communication Studies across the Strait […]

Asia Emerging Markets Headlines International Morocco

Morocco, Philippines celebrate 50th Anniversary of establishment of diplomatic ties

King Mohammed VI and President Ferdinand Romualdez Marcos Jr. of the Philippines have exchanged congratulatory messages on the occasion of the 50th anniversary of the establishment of diplomatic relations between the two countries. In his message, the King underlined the importance he attaches to the close, longstanding bonds enjoyed by the two countries in various […]