Africa Business Emerging Markets Headlines International

Biden endorses AGOA extension, as African countries sought to boost benefits at Johannesburg summit

The US President Joe Biden endorsed the extension of the African Growth and Opportunity Act (AGOA) upon its expiry in September 2025. “I strongly support re-authorization of the African Growth and Opportunity Act — a landmark, bipartisan law that has formed a bedrock for US trade with sub-Saharan Africa for more than two decades,” said […]

Africa Emerging Markets Headlines International Morocco

2026 World Cup Qualifiers: Several African teams choose Morocco as a venue for their matches

Morocco will host nine matches this current November, as part of the opening rounds of the African qualifiers for the 2026 FIFA World Cup, which will be co-hosted by the United States, Canada, and Mexico. The Royal Moroccan Football Federation has stated in a post on its website that within the framework of activating the […]

Africa Business Emerging Markets Europe Headlines International Morocco

Europe-Africa Relations: Morocco pleads for co-development cooperation

President of the Moroccan Economic, Social and Environmental Council (CESE), Ahmed Réda Chami, called Friday, for an overhaul of the European vision vis-à-vis Africa, based on cooperation that “promotes co-development rather than extractivism.” Economic cooperation models between Europe and Africa should be reconsidered and re-oriented towards inclusive economic policies, promoting fairer trade, Chami said at […]

Americas Business Emerging Markets Headlines International Morocco

U.S. Commerce Department lowers duties on Moroccan phosphate imports

The U.S. Department of Commerce has decided to lower import duties on Moroccan phosphate fertilizers from 19.97% to 2.12%. U.S. farmers hailed the decision saying it will help ease the pressure and decrease fertilizer prices. The decision, which was announced Thursday, comes after Commerce officials conducted an administrative review on the countervailing duties (CVD) imposed […]

Africa Egypt Finance Headlines International

AfDB to provide $350m to Egypt before end of 2023

Abdourahmane Diaw, the African Development Bank (AfDB) country manager for Egypt, has revealed the Abidjan-based lender will provide the North African country with $350 million in financing for public and private development projects before the end of 2023. The financing will go to the private sector via credit lines to loaning companies and bank and […]

Africa Asia Finance International

Benin, Saudi fund to bolster cooperation

Benin and the Saudi Fund for Development (SFD) have discussed ways to strengthen partnership between the two sides following a meeting between SFD Chief Executive Officer Sultan Abdulrahman Al-Marshad and the West African country’s finance and economy minister Romuald Wadagni. During the meeting that took place in Riyadh, the Saudi capital hosting the headquarters of […]

Africa Business International

Benin debunks rumors of closure of border with Togo

Benin has branded rubbish rumors of closure of its border with Togo, triggered by a queue of trucks lining up on the Beninese side, at the northern border town of Ouake. Wilfried Léandre Houngbédji, spokesman for President Patrice Talon’s Administration said Tuesday October 31 that the long queue of trailers is due to the installation […]

Asia Egypt Finance Headlines International

UAE poised to inject more investments in Egypt’s economy

The United Arab Emirates will pump more investments in Egypt across various development sectors, the Gulf country’s minister of Investment Mohammed Al-Suwaidy has told Egyptian Premier Mostafa Madbouly. Al-Suwaidy conveyed to Madbouly UAE’s eagerness to invest in various development sectors, highlighting that the directive to do so was issued by President Sheikh Mohamed bin Zayed […]

Americas Emerging Markets Headlines International Morocco

Morocco & U.S. discuss economic cooperation, regional stability & security

U.S.-Morocco Africa Working Group, part of U.S.-Morocco Strategic Dialogue, met on Monday in Washington to discuss mutual efforts across the African continent to promote regional stability and security. The meeting was co-chaired by Principal Deputy Assistant Secretary of State for African Affairs Jonathan Pratt, Deputy Assistant Secretary of State for Near Eastern Affairs Joshua Harris, […]

Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian joint military commission meets in Nouakchott

The Moroccan-Mauritanian Joint Military Commission held its 4th meeting in Nouakchott on Tuesday to review means of strengthening military cooperation in the various areas of training and education. The meeting was co-chaired by Lieutenant General Mohammed Berrid, Inspector General of the Royal Armed Forces and Commander of the Southern Zone, and Chief of the General […]