Energy Finance Headlines Libya

UN, Washington call for Libyan talks to resolve Central Bank crisis

The United Nations and the US have called for an “urgent” meeting of Libyan political leaders to address the crisis of the Central Bank of Libya (BCL) and the blockade of oil production and exports. The UN Support Mission in Libya expressed “deep concern” over the worsening situation and convened a meeting to seek a […]

Africa Emerging Markets Headlines International Mauritania Portrait

Election to the presidency of the AfDB: Mauritania’s Ousmane Kane in the starting-blocks

The African Development Bank (AfDB), headquartered in Abidjan, Côte d’Ivoire, will elect a new president in May 2025. As the candidacy period approaches in September 2024, several names are emerging as potential contenders. Among the prominent candidates is Ousmane Kane from Mauritania, a former AfDB Vice-President for Institutional Services and a close associate of Mauritanian […]

Egypt Emerging Markets Headlines Technology

WIPO: Egypt in the top 100 global science and technology clusters

Egypt has secured the 95th rank in the top 100 science and technology clusters in the 2024 Global Innovation Index. This recognition positions Cairo as the only North African cluster on the list, according to the World Intellectual Property Organization (WIPO) report. The report noted that from 2019 to 2023, Cairo filed 166 patent applications […]

Emerging Markets Europe Headlines International Morocco

Morocco, a football heavyweight- Le Point writes

Thanks to its achievements in global competition, its infrastructure and training programs, Morocco has become a “football heavyweight”, Le Point wrote. In a detailed article, the famous French publication, cites the most recent achievements of Morocco’s football squads, notably the World Cup semifinal in Qatar and the bronze medal in the Paris Olympics. This breakthrough […]

Business Finance Headlines Libya

New board of Central Bank of Libya confirms start of duties from Tripoli headquarters

The Board of Directors of the Central Bank of Libya, appointed by the Presidential Council, announced on Monday (August 26) evening that it has fully assumed its management duties. The announcement was made through a statement on the bank’s Facebook page. In the statement, the board affirmed its dedication to ensuring a smooth transition and […]

Asia Business Emerging Markets Europe Headlines International Morocco

Morocco posts record blueberry exports in 2023/2024 season

Morocco posted a new blueberries export record in the 2023/2024 season at 67,300 tons, up 25% from last season, despite drought. Spain stood as the largest destination for Moroccan blueberries with 30% of all exports, followed by the UK, the Netherlands, Germany, and France, East Fruit reported. Morocco’s blueberries were also exported to the Gulf, […]

Business Emerging Markets Headlines Morocco

Agadir among top three best winter sun destinations – The Telegraph

“The Telegraph” has listed Morocco’s coastal city of Agadir in the top three best winter sun destinations, among 15 great destinations for travelers amid the rising cost of living, alongside locations such as Cape Verde, Cambodia, Vietnam, and others. Agadir ranked third among 15 destinations chosen as “great spots, providing affordable seasonal escapism for keen […]

Africa Business Emerging Markets Energy Europe Headlines International

Turkey seeks to strengthen foothold in Africa’s gold, oil markets

Turkey is following in the footsteps of China and Russia in seeking to strengthen its foothold in the continent focusing mainly on oil and gold. Next month, Turkey will send the research vessel Oruc Reis to explore offshore oil blocks in Somalia, where Ankara has its largest overseas military base and manages key infrastructure. Turkish […]

Africa Emerging Markets Headlines International

Africa to have six cities with over 10m by 2035

Amid a rapid population growth, Africa will count six cities with over 10 million people by 2035, the Economist Intelligence Unit said. With the continent’s population boom, Angola’s capital, Luanda, and Tanzania’s commercial hub, Dar es Salaam, will join the metropolises of Cairo, Kinshasa, Lagos and Greater Johannesburg, it said. Paid urbanization is also triggering […]

Africa Emerging Markets Headlines International

Botswana’s record-breaking diamond: A Gem of historic proportions

In a discovery that has sent shockwaves through the gemstone world, a massive 2,492-carat diamond has been unearthed in Botswana, potentially claiming the title of the second-largest gem-quality diamond ever found. This extraordinary find has not only captivated diamond enthusiasts but also highlighted Botswana’s growing prominence in the global diamond industry. The gem, recovered from […]