Africa Business Emerging Markets Features Headlines International

Trump’s Africa pivot: trade over aid as U.S. unveils commercial diplomacy strategy

The Trump administration has launched a bold new strategy to reshape U.S.-Africa relations, shifting focus from aid to aggressive commercial engagement. Announced in Abidjan on 14 May, the U.S. Commercial Diplomacy Strategy repositions diplomacy to prioritize trade, private investment, and strategic deal-making, aiming to counter China’s dominant economic presence across the continent. “From Washington we […]

Africa Emerging Markets Headlines International Morocco

Fez Stadium ready for African cup of nations

The Grand Stade de Fès, in one of Morocco’s ancient capitals, is ready to shine on the continental stage. With its grand reopening scheduled for June 6, 2025, just in time for a friendly between Morocco’s Atlas Lions and Tunisia, the stadium now symbolizes Morocco’s bold ambitions for the 2025 Africa Cup of Nations. Thirteen […]

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Kenya at the heart of Africa’s illicit gold trade, new report reveals

Kenya has become a major transit hub for smuggled gold from conflict-ridden African countries, with illicit exports far exceeding official figures, according to a new SwissAid report. While the government declared only 672 kilograms of gold exports in 2023, the report estimates that over two tons — possibly far more — are illegally trafficked through […]

Business Emerging Markets Headlines International Morocco

The Guardian: Casablanca Finance City, gateway for international investment into Africa

The Casablanca Finance City impressive growth and its rapidly mushrooming new high-rise buildings stand as a model for African development and a gateway for international investment into Africa, said the Guardian daily. The attractive tax regime of Morocco’s financial center has brought in entities from across the globe. It now hosts 240 companies, including Huawei […]

Africa Business Emerging Markets Headlines International Morocco

Morocco, leading host of data centers in Africa

Morocco hosts currently 23 data centers, becoming the leading host country in Africa, said Global Finance Magazine, affirming that the Kingdom’s desire to secure its data sovereignty has also contributed to the boom of this high-tech & IT business. The North African kingdom has adapted quickly to the digital age. In 2020, the Agency for […]

Africa Headlines International

Sudan’s fragile peace under strain as JEM condemns cabinet dissolution

In a move that has stirred political tremors across Sudan’s already fragile transition, the Justice and Equality Movement (JEM) has sharply criticized the newly-appointed Prime Minister Kamal Idris’s decision to dissolve the national Cabinet, calling it a flagrant breach of the Juba Peace Agreement. The dissolution, enacted just days ahead of Eid al-Adha, swept away […]

Africa Headlines International

Nigeria’s defense chief proposes border fence to combat worsening insecurity

Nigeria’s Chief of Defense Staff, General Christopher Musa, has proposed a bold and controversial solution to the country’s escalating insecurity: fencing the nation’s entire land borders with its four neighbors, namely Niger, Cameroon, Benin, and Chad. Speaking at a security conference in Abuja on Tuesday (3 June), Musa said the porous borders have allowed armed […]

Africa Headlines International Morocco

Gambia’s President sends message to King Mohammed VI

Gambia’s President Adama Barrow has sent a written message to King Mohammed VI. The message was handed over by Gambia’s foreign minister Mamadou Tangara to his Moroccan peer Nasser Bourita during a meeting held Tuesday in Rabat. In a press statement, Mr. Tangara stressed the importance of holding regular consultations between the two countries on […]

Africa Business Emerging Markets Europe Headlines International Morocco Technology

UK CRCE company wins 2nd welding contract for Moroccan water pipeline project

CRC Evans (CRCE), a leader in welding, welding technology, and coating services, has won a major contract renewal to provide project management and pipeline welding services for a transformational water pipeline project in Morocco. State-owned OCP Group is constructing a 219-km water pipeline to transport desalinated water from its facilities in Jorf Lasfar on the […]

Business Emerging Markets Headlines International Morocco

Several international firms competing for $1.5 bln Casablanca Airport expansion

A total of 28 international firms are bidding for the $1.5 billion Casablanca Airport expansion, according to Moroccan press reports. The list of the bidders includes 4 Moroccan companies, 14 Chinese firms, 5 Turkish companies, and 1 company each from Spain, Egypt, India, Greece, and Switzerland. In preparation for the 2030 World football Cup which […]