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USA appoints A. Robinson as new Prosper Africa Coordinator

The United States Agency for International Development, USAID, announced Wednesday the appointment of a former deputy coordinator of Private Sector Program at the State Department, British A. Robinson, as the new coordinator of Prosper Africa (the U.S. Government initiative to increase trade and investment between African nations and the United States). Robinson, according to the […]

Africa Americas Business Emerging Markets Headlines International Morocco

Rabat: African Atlantic countries agree to strengthen partnership for shared peace and prosperity

The African countries bordering the Atlantic Ocean have agreed in Morocco to enhance their partnership and integration for shared peace, stability, and shared prosperity. At the end of their 3rd ministerial meeting held Wednesday in Rabat, these countries adopted an action plan conducive to integration and co-development in African-Atlantic region. To achieve the sought goals, […]

Americas Business Emerging Markets Headlines International Morocco

Bloomberg highlights dynamics of Morocco’s pharma industry

US agency Bloomberg has highlighted the dynamics of the Moroccan pharmaceutical industry as well as the Kingdom’s efforts to promote local production so as to foster Africa’s health sovereignty. A robust homegrown industry would help Africa ensure adequate supplies of critical treatments, said Lamia Tazi, chief executive officer of Moroccan pharmaceutical group SOTHEMA, in an […]

Americas Features Headlines International Morocco

Morocco pledges to play active role in combating synthetic drug threats

Morocco’s active role in the fight against synthetic drugs was highlighted during a virtual ministerial meeting to Launch the Global Coalition to Address Synthetic Drug Threats. The coalition, set up at at the initiative of US Secretary of State Antony Blinken, is meant to pool efforts to prevent the production and trafficking of illicit synthetic […]

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African immigrants celebrate their blended heritage on US Independence Day

Immigration from Africa to the United States has increased dramatically in the past three decades and these migrants turned to the US in pursuit of safety, opportunities and economic prospects, according to two latest studies on this topic. As the US commemorates 247 years of independence on Tuesday (5 July), African immigrants celebrated Independence Day […]

Americas Headlines International Morocco

Morocco-USA: King hails steady developing relations, deeply rooted friendship and cooperation

King Mohammed VI has hailed in a message to President Joe Biden on the celebration of the United States’ Independence Day the steady developing relations binding the two countries, relations that are rooted in friendship and cooperation. In the message of congratulations to President Biden, the Sovereign underlined “Our ties, which are steeped in history […]

Africa Americas Headlines International

Côte d’Ivoire, USA ink deals to build Data Center and administrative digital city

Cote d’Ivoire will soon have its own national Data center and administrative digital city under two agreements signed between the African country and Cybastion Institute of Technology, a consortium of companies based in the U.S and member of U.S Chamber of Commerce. Amadou Coulibaly, Cote d’Ivoire Minister of Communication and Digital Economy signed the deals […]

Africa Americas Europe Finance International

Gabon to borrow $52m from U.S.-based Santander bank to buy payload military carrier

Gabon is set to apply for a $52 million loan from Boston-based Santander bank to place order for a C295 military carrier from European multinational aerospace corporation Airbus. The aircraft will beef up the operation capacities of the air forces, local media “Gabon Review” reports. C295, according to experts, is a new-generation tactical airlifter in […]

Africa Americas International

Sahel: exploring nexus between arms and human trafficking — UN report

A dizzying array of illegal weaponry dots market stalls across the Sahel, fueling violence and insecurity in this 6,000-km-wide belt in the middle of Africa, where smuggling networks exploit the ensuring desperation of people, leading to such deadly disasters as the recent shipwreck off the coast of Greece, according to the latest series of reports […]

Africa Americas Business International

Africa’s fintech revolution: market to reach $65bn in revenue by 2030, but challenges remain

Africa’s fintech market is poised for significant growth, projected to reach a $65 billion in revenue by 2030, which represents a 13-fold increase over 2021, according to a new study conducted by consulting firm Boston Consulting Group (BCG) and QED Investors, a global VC based in the US. This development will make Africa the world’sfastest-growing […]