Africa Americas Finance International

Ex-Guinea leader, son of Mali’s ex-president sanctioned by US for right abuses

The United States has imposed sanctions on more than 40 people and entities for alleged rights abuses from nine countries, which include asset freezes of Guinea’s former President Alpha Conde and Karim Keita, son of former Malian President Ibrahim Boubacar Keita. The US Treasury’s Office of Foreign Assets Control (OFAC) said in a statement the […]

Business Egypt Europe International

Egypt, EU mull plans for joint business forum to lure more European investments

Egyptian Ministry of Trade and Industry and the European Union (EU) are contemplating the organization in the arab country of a joint business forum meant to attract further European investments in the Egyptian market and boost exports to Africa. Ahmed Samir, the Egyptian Minister of Trade according to his department held an extensive discussion session […]

Africa Business Headlines International Technology

Kenyan techprenour who teaches tech skills to sustainably solve poverty named CNN’s Hero of the Year

Nelly Cheboi from Kenya has been named the CNN’s 2022 Hero of the Year, honored for her efforts in providing computer training for rural Kenyan schoolchildren through her non-profit TechLit Africa. Online voters selected Cheboi as the top winner from a field of 10 heroes. The CEO and founder of TechLit Africa grew up in […]

Asia Business Emerging Markets Headlines International Morocco

Challenges facing Arab region are sometimes due to policies and behaviors of some Arab countries towards others -King

The challenges which the countries of the Arab region are currently facing, and which threaten their security and stability, are sometimes due to the policies and behaviors of some Arab countries towards other Arab nations, said King Mohammed VI. In a speech to the 1st China-Arab Summit, held Friday in Riyadh, Saudi Arabia, the Sovereign […]

Africa Community Finance Headlines International Morocco

Morocco Contributes $5 Mln to African Development Fund

Morocco has contributed $5 million to the African Development Fund (ADF), which provides concessional funding for projects, technical assistance for studies and capacity-building activities in Africa. The Moroccan contribution was made during the Fund’s 16th replenishment meeting convened in Tangier Dec.5-6 to raise money for low-income African countries to enable them counter social and economic […]

Asia Business Headlines International Morocco

King Mohammed VI expresses Morocco’s resolve to bolster China-Arab Strategic Partnership

King Mohammed VI has expressed Morocco’s resolve to bolster China-Arab Strategic Partnership, while remaining committed to the just, legitimate causes of Arab countries and while helping to bring about a more equitable and balanced global political and economic system. In a speech addressed to the 1st China-Arab Summit, held Friday in Riyadh, Saudi Arabia, the […]

Africa Business Europe International

Germany boosts aid for African deals to woo allies, counter China’s charm offensive

Germany is set to increase its state guarantees for business investments in African countries, a move widely interpreted as being aimed at diversifying trade relations and to make it more independent from China. In September, China removed tariffs on 98% of agricultural and mineral imports from nine of Africa’s poorest countries. The decision follows Chinese […]

Asia Business Headlines International Morocco

Akhannouch Represents Morocco’s King in Arab-Chinese Summit in Riyadh

Head of Moroccan Govt. Aziz Akhannouch is representing King Mohammed VI in the 1st Arab-Chinese summit to open this Friday in Riyadh, to give a new momentum to economic, scientific and technological partnership between Beijing and Arab countries. The summiteers will also discuss multiform cooperation prospects in various strategic sectors for shared prosperity as well […]

Business Headlines Morocco

World Cup: Moroccans rush for tickets to Doha

RAM has added another airplane bringing the total number of special fights to Qatar it has programmed to 8 carrying 2500 fans. Moroccan fans have drawn so far in this tournament spectacular scenes of non-stop cheering for the Atlas Lions, hoisting national flags and intonating cheers. Morocco made it on top of its group beating […]

Africa Business International

Mozambique: Court sends ex-president’s son, 10 accomplices, to prison for corruption

A court in Mozambique has sentenced the son of a former president, two ex-spy bosses, and eight others to years in prison for their part in a corruption scandal which saw hundreds of millions of dollars in government-backed loans disappear, crashing the southern African nation’s economy. Nineteen people, including state security officials, went on trial […]