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 […]

Americas Emerging Markets Finance Headlines International Morocco

Morocco respects fiscal transparency requirements – US State Department

Morocco respects the requirements of fiscal transparency, the U.S. State Department points out in its annual Fiscal Transparency Report. Of the 141 countries evaluated, the governments of 72 countries met minimum requirements of fiscal transparency in 2022, says the report, which was released this Tuesday June 27. Sixty-nine countries did not meet the minimum requirements […]

Africa Americas Europe Finance International

Mozambique’s ex-finance minister to be extradited to US for role in bond fraud

Mozambique’s former Finance Minister, Manuel Chang, will reportedly be extradited to New York next month to face charges in the United States over his role in a $2 billion bond fraud scandal involving also Credit Suisse Group AG that paid $475 million for its role in alleged fraud, a UN prosecutor said on Monday June […]

Americas Emerging Markets Headlines International Morocco

Chile reaffirms unwavering support for Morocco’s Autonomy Initiative

Chile has reaffirmed its “unwavering” support for the autonomy initiative proposed by Morocco with a view to finding a definitive solution to the regional dispute over the Sahara. “Chile’s position is unwavering in its support for Morocco’s territorial integrity. This is a matter of principle in its foreign policy, which remains unchanged and is one […]

Americas Business Columns Emerging Markets Headlines International Morocco

Morocco, “the art of navigating global disorder” (Bloomberg)

Morocco “shows the art of navigating global disorder”, underlines the U.S. Bloomberg agency, noting that the Kingdom “is walking a diplomatic tightrope that many middle-income nations in an increasingly polarized world, from South Africa to Brazil, are struggling to navigate.” Despite being battered by the Covid-19 pandemic, rising US-China tensions and the war in Ukraine, […]

Americas Headlines International Maghreb Morocco

US urges Algeria to back efforts by UNSG’ s envoy to Solve Sahara Conflict

The United States has recently called on Algeria to fully commit to the UN-led political process and to support the ongoing efforts by UN Secretary General’s Personal Envoy for the Sahara Staffan de Mistura to solve the regional dispute. In a phone call between US Deputy Secretary of State Wendy Sherman and Algerian Foreign Minister […]