Africa Headlines International Morocco

Morocco denounces Polisario’s membership in AU free trade area

Morocco denounced as an anomaly the membership of the Polisario entity in the African Union’s free trade accord, citing that the self-declared SADR republic lacks the attributes of a state. Speaking at the end of the African Union’s summit in Niamey, foreign minister Nasser Bourita made it clear that Morocco’s membership in the AfCFTA shall […]

Africa Business Headlines International

African Union braces for free trade area

The African Union summit in Niamey brought together heads of state in the continent to launch a continental free-trade zone that, if successful, would unite 1.3 billion people and create a $3.4 trillion economic bloc. So far, 54 African State agreed on the accord setting up the African Continental Free Trade Area (AfCFTA), which would […]

Africa Business Headlines International Morocco

Morocco reports trade surplus with Africa despite drop in exports

Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion dirhams in goods to Africa in 2018. The continent takes 7.8% of Morocco’s exports. Over four years, Morocco’s exports to Africa grew 29% while imports dropped 5% as the Kingdom […]

Africa Algeria Headlines International Morocco

Sahara: Indonesian Prof. Urges Polisario to Accept Morocco’s Autonomy Plan

Indonesian university professor Mawardi Ismail has urged the polisario to drop the unrealistic option of independence and accept the pragmatic autonomy plan offered by Morocco for a lasting and peaceful resolution of the Sahara regional conflict. Addressing the 10th international academic research seminar held on Monday at United Nations under the theme: “Territorial autonomy as […]

Africa Business Emerging Markets Energy International

Dozens die in petrol tanker blast in Nigeria

At least 50 people were killed in Nigeria when fuel from a crashed truck that they were siphoning up caught fire, local media reported. The incident happened on Monday afternoon after a fuel tanker trying to avoid a pothole overturned and fell off the road in Ahumbe village in Benue State, according to a spokesman […]

Africa International

West Africa to introduce regional visa to boost tourism

In the Nigerian capital of Abuja, heads of state from the Economic Community of West African States (ECOWAS) have confirmed their intent to create a common regional Visa called ECOVISA. The recommendation was contained in the final communiqué of the 55th Ordinary Session of the Conference of Heads of State and Government of ECOWAS Member […]

Africa Business Finance International

Central Africa’s exports shrink in Q1 2019—Central Bank

The Bank of Central African States, also known as Banque des Etats de I’Afrique Centrale (BEAC), this week said the prices of 28 commodities exported by the six states of the regional bloc (CEMAC) accounting for 90% of export values, declined by 6.2% during the first quarter of 2019. The regional bloc consists of Cameroon, […]

Africa Energy Headlines International Mauritania

New gas discovery boosts Mauritania and Senegal production potential

Gas production potential bodes well for both Mauritania and Senegal after 30 meters of net gas pay was found in the greater Tortue Ahmeyim offshore project on the border between the two West African nations. The finding was made by Dallas-based operator Kosmos Energy, which has a joint-venture with BP in the area as well […]

Africa Americas Columns Headlines International Maghreb Morocco Opinions

US Migration Policy Institute Sheds lights on Morocco’s Migration Strategy

Morocco, which has seen its share of emigration and more recently become a springboard for other migrants on their way to Europe, has since the beginning of the 21st century become a default destination for many sub-Saharan migrants, writes the Washington-Based Migration Policy Institute (MPI). In its latest analysis focusing on Morocco’s migration policy, MPI […]

Africa Headlines International

Ethiopia eyes 3 million jobs in 2019-20; Economic growth expanded 9.2% in 2018-19

Ethiopia plans to create about 3 million jobs in the 2019-2020 fiscal year. The announcement was made by Prime Minister Abiy Ahmed while he was presenting the country’s annual report to the House of Peoples’ Representatives at the national parliament. In his address, he raised issues on sustaining economic development and peace and security, as […]