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In historic ruling, Uganda’s high court orders ‘decolonization’ of Kampala’s streets, landmarks

Uganda’s High Court has ordered the renaming of streets, roads, and landmarks in the nation’s capital city Kampala that honor British colonial figures, marking a significant step in the country’s ongoing decolonization efforts. Justice Musa Ssekaana ruled that Kampala Capital City Authority (KCCA) must take measures to rename these public spaces, ensuring that the new […]

Business Emerging Markets Headlines Morocco

Phosphates giant OCP reports $9.7 billion revenue in 2024, up 6%

Morocco’s phosphates and fertilizer giant, OCP, said its revenue grew 6% in 2024 to 9.7 billion dollars, following improving demand in the international markets. The group, which will issue detailed financial results at a later date, plans to go green by 2040 as it forges ahead to rely on renewable energies and desalinated water by […]

Africa Features Headlines International

African economies struggle to recover from ongoing impact of Russia-Ukraine war

Three years after Russia’s invasion of Ukraine, African economies continue to grapple with the long-term effects of the conflict, with many nations still feeling the sting of rising inflation, disrupted supply chains, and escalating debt risks. A new report from the Overseas Development Institute (ODI) highlights that while some regions, such as East Africa, have […]

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Arab leaders reject Trump’s Gaza plan, endorse Egyptian reconstruction proposal

Arab leaders have firmly rejected US president Donald Trump’s controversial plan to displace Palestinians from Gaza and redevelop the region, endorsing an Egyptian-proposed reconstruction plan instead. The $53 billion plan, approved at an emergency summit in Cairo on Tuesday (4 February), aims to rebuild Gaza while keeping Palestinians in the enclave and excluding Hamas from […]

Asia Business Emerging Markets Headlines International Morocco

Morocco defense industry: creation of company to produce components of WhAP 8×8 armored vehicle

Morocco’s defense industry is gaining momentum with the establishment of a local company dedicated to the production of components for the WhAP 8×8 armored vehicle in collaboration with India’s Tata Advanced Systems. Based in Casablanca, Metlonics Morocco SARLAU will produce essential parts for the WhAP 8×8 armored vehicles designed for the Royal Moroccan Armed Forces. […]

Americas Business Emerging Markets Headlines International Morocco

First batch of 6 Apache helicopters arrives in Morocco

Six AH-64E Apache helicopters have been received by Morocco, in a drive to modernize the air force’s capabilities in an uncertain environment. The delivery is part of an order made in 2019 for 36 Apache helicopters and related equipment for a total cost estimated at $4.2 billion. A Moroccan Royal Armed Forces account on X […]

Business Emerging Markets Headlines Morocco

Tanger Med industrial hub reports 174 billion dirhams in business volume for 2024

Tanger Med Port Authority has released its 2024 annual results, revealing strong performance across its industrial sector with a business volume of 174 billion dirhams and over 10 billion dirhams in private investments. The Tanger Med industrial platform attracted 10.06 billion dirhams in investment during 2024 while creating a cumulative total of 14,034 new jobs. […]

Headlines Tunisia

Tunisia tries dissidents on charges of conspiracy against state

Tunisia began a trial against 40 high-profile defendants on the charge of conspiring against state security. The trial involves former diplomats, politicians, and journalist amid protests at the President’s use of the judiciary to silence dissidents. Protests have erupted in Tunis calling the trial “fabricated” and denouncing the “authoritarian” rule of president Kais Saied. The […]

Business Emerging Markets Headlines Morocco

Morocco’s tourism revenue up 10% in January

Morocco’s tourism continues its impressive performance with 10% increase in receipts to 8.8 billion dirhams or 880 million dollars, the foreign exchange office said. Remittances from Moroccans living abroad rose 0.5% to 950 million dollars in the first month this year. Foreign direct investments jumped 24% to 500 million dirhams, helping attenuate the country’s current […]

Africa Emerging Markets Headlines International Morocco

Morocco takes over North Africa vice-presidency of African Ministers’ Council on Water

Morocco has taken over the vice-presidency of the African Ministers’ Council on Water (AMCOW) for the North African region for the 2025-2027 term. This came during the 6th extraordinary session of the Executive Committee of the AMCOW Board of Directors, held on Monday. Speaking at the session via videoconference, Morocco’s Minister of Equipment and Water […]