Africa Emerging Markets Finance Headlines International Morocco

Maroc Telecom gets €370 Mln funding from IFC to support operations in Chad, Mali

The International Finance Corporation has agreed to provide Maroc Telecom two loans totaling €370 million to enable the Moroccan telecom group support its subsidiaries in Chad and Mali. The IFC funding will help to enhance mobile connectivity and improve the quality of mobile internet. It will also support the rollout of 4G services, bringing faster, […]

Africa Community Headlines International

World refugee day: West and Central Africa face unprecedented displacement crisis

A growing convergence of conflict, climate shocks, and waning international support has driven displacement in West and Central Africa to record levels, with nearly 13 million people uprooted, according to the UN Refugee Agency (UNHCR). Commemorating the World Refugee Day on June 20, the Pretoria-based Institute for Security Studies highlighted in an analysis that “displaced […]

Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD lends Morocco’s ONEE €300 Mln to support its financial & climate resilience

The European Bank for Reconstruction and Development (EBRD) provides Morocco’s Office National de l’Electricité et de l’Eau potable (ONEE) €300 million loan to strengthen the financial & climate resilience of the utility company and support its digitalization projects. The Moroccan National Office of Electricity & Drinking Water is involved in generation, transmission and renewables. The […]

Africa Business Emerging Markets Europe Headlines International

Niger nationalizes French uranium giant Orano’s Subsidiary amid sovereignty push

Niger’s military regime has nationalized Somaïr, the subsidiary of French uranium giant Orano, escalating tensions between Niamey and Paris in a move that symbolizes the regime’s sovereignty-focused policies since taking power in 2023. The nationalization announcement, delivered through state television during a council of ministers report, cited Orano’s “irresponsible, illegal and disloyal behavior” and characterized […]

Africa Headlines International

Sudan: UN raises alarm over surge in sexual violence as war enters third year

The United Nations has condemned the alarming scale of sexual violence unfolding in Sudan’s conflict, as the war between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) enters its third year. Marking the International Day for the Elimination of Sexual Violence in Conflict on Thursday, June 19, the UN’s acting Resident and […]

Headlines International Libya

Dozens feared dead in Libyan shipwrecks as migrant death toll rises in Mediterranean

At least 60 migrants are feared dead following two tragic shipwrecks off the Libyan coast in the past week, according to a report released few hours ago by the International Organization for Migration (IOM). The first incident occurred on June 12 near Tripoli, leaving 21 people missing, including women and children, with only five survivors. […]

Europe Headlines International Morocco

Morocco takes part in parliamentary conference on interfaith dialogue

A Moroccan MP delegation is taking part in the 2nd Parliamentary Conference on Interfaith Dialogue which opened Thursday in Rome under the theme: “Strengthening trust and embracing hope for our common future”. The three-day event is organized by the Inter-Parliamentary Union (IPU) and the Italian Parliament in cooperation with NGO Religions for Peace. The conference […]

Asia Business Emerging Markets Features Headlines International

Abu Dhabi hosts inaugural Global South Economic Forum amid calls for new economic order

The first Global South Economic Forum (GSEF) convened this week in Abu Dhabi, gathering over 100 delegates from more than 20 developing nations to chart a path toward a more equitable global economic system. Held alongside the G7 Summit, the forum aimed to amplify the voice of the Global South amid shifting geopolitical and economic […]

Business Emerging Markets Headlines International Morocco

Moroccan Central Bank partners with IFC to promote Morocco’s agricultural financial inclusion

Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) signed a partnership deal on Wednesday, June 18, in Rabat, meant to achieve two key objectives: improving the resilience of agricultural operations and fostering inclusive and sustainable growth. According to a joint press release, this partnership reflects the shared ambition of both institutions to promote an […]

Americas Features Headlines International

Trump administration eyes sweeping Africa travel ban expansion

The Trump administration is considering a dramatic expansion of its travel ban, potentially targeting 36 additional countries — 25 of them in Africa — with full or partial visa restrictions, according to a leaked State Department cable. Signed by Secretary of State Marco Rubio, the memo cites a 60-day deadline for affected nations to meet […]