Africa Emerging Markets Headlines International

Mali: Tragedy strikes informal mining sector, dozens perish in mine collapse

A devastating collapse at an illegal gold mine near Kéniéba in Mali’s western Kayes region has claimed over 40 lives, predominantly women, highlighting the perilous nature of informal mining operations in one of the world’s major gold-producing nations. The tragedy occurred when prospectors entered abandoned open-pit areas in search of remaining gold deposits. This catastrophe, […]

Africa Business Emerging Markets Headlines International

Mali: Barrick’s CEO says ‘difficult decision’ must be made soon on reopening its gold mine amid dispute

Barrick Gold’s CEO Mark Bristow has said operations at its shuttered Loulo-Gounkoto mine in Mali will restart once the country’s junta authorities allow it to resume gold shipments. Operations at the site were halted in January 2024 after the Malian government blocked gold shipments and seized approximately $245 million worth of gold. Bristow emphasized that […]

Africa Asia Emerging Markets Finance Headlines International

Investment risk in Africa ten times lower than in L’America, Eastern Europe — AfDB chief

African leaders and business executives, at the World Governments Summit in Dubai, sought to strongly challenge the persistent myths about investment risks in Africa. Speaking in one of the panels, Akinwumi Adesina, president of the African Development Bank (AfDB), presented data revealing that Africa’s risk profile is far lower than commonly believed, with a loss […]

Africa Business Columns Emerging Markets Europe Headlines International Morocco

Morocco, a strategic partner for security and prosperity in Sahel (British Think Tank)

Morocco is emerging as a key security and economic partner in the Sahel, a region grappling with rising insurgency, transnational crime, and shifting political alliances. With strategic initiatives such as the Morocco Atlantic Initiative, the North African nation is strengthening ties with landlocked Sahel countries, offering them vital access to global trade routes and positioning […]

Emerging Markets Energy Europe Finance Headlines International Morocco

Germany backs Morocco’s OCP green hydrogen plant with $32 Million

Germany is backing Morocco’s green hydrogen production with a $32 million (€30 million) investment in OCP Group’s green hydrogen plant in Jorf. The funding by the German PtX Development Fund is intended to support sustainable fertilizer manufacturing, according to German media reports. The PtX Development Fund, endowed with a budget of €270 million, is initiated […]

Africa Emerging Markets Finance Headlines International

Sumsub’s report highlights key challenges faced by African crypto industry in 2025 and beyond

As the African crypto-currency industry navigates a pivotal period of growth, crypto providers will have to address three critical challenges, including security threats, technology capabilities, and regulation, in order for the industry to succeed in 2025, says a new State of the Crypto Industry 2025 report. The Sumsub’s newly released report, which provides an in-depth […]

Americas Emerging Markets Headlines International Morocco

Sahara: Colombian Congress renews support for Morocco

The Speaker of the Colombian Congress, Senator Efraín Cepeda, has reiterated the legislative body’s unwavering support for Morocco regarding the Sahara issue, highlighting the importance of strengthening bilateral trade ties. In a press release issued following a meeting with Moroccan Ambassador to Colombia, Farida Loudaya, the Colombian Congress Speaker expressed his opposition to the stance […]

Asia Business Emerging Markets Energy Headlines International Morocco

Morocco picks Mitsubishi advanced turbines for Al Wahda power plant

Morocco’s National Office of Electricity & Drinking Water (ONEE), has selected Mitsubishi Power and its M701JAC gas turbines for the Al Wahda open-cycle gas turbine (OCGT) power plant. The 990 MW Al Wahda project consists of two 495 MW open-cycle gas turbines (OCGT) using gas – and diesel as an emergency fuel – with the […]

Business Emerging Markets Headlines Morocco

Morocco’s prolonged drought compromises 2025 crop, diminishes livestock

Morocco’s farming sector is facing dim prospects if there is no rainfall this winter, agriculture minister Ahmed El Bouari said. The current farming season has received insufficient rainfall, 53% less compared to the average of the last 30 years, El Bouari said. Only the Loukous region in northwestern Morocco, or 25% of all Moroccan pasture […]

Culture Emerging Markets Europe Headlines International Morocco

Morocco guest of honor at Paris Book fair and agriculture expo

Morocco has received the distinction of being the guest of honor of two international events in Paris, the book fair and the agricultural exhibition. French minister Rachid Dati said Morocco will be celebrated in the Paris book fair on April 11-13. She made the announcement ahead of her visit to Morocco’s Sahara where she will […]