Africa Emerging Markets Headlines International

Trade barriers removal will unleash AfCFTA and unlock Africa’s economic potential — UNCTAD

Addressing non-tariff measures and fostering regulatory convergence could unlock $7.1 billion in annual welfare gains, boost intra-Africa trade by 6%, and raise wages across the continent, says a recent report published by the United Nations Conference on Trade and Development (UNCTAD). While highlighting the transformative potential of the African Continental Free Trade Area (AfCFTA), the […]

Columns Europe Headlines International Morocco

Morocco, Portugal, Spain officially appointed hosts of FIFA 2030 World Cup

Morocco, Portugal and Spain have officially been appointed as host countries for the 2030 FIFA World Cup by the FIFA Congress, convened Wednesday in Zurich in an extraordinary session by videoconference. During the session, chaired by FIFA president Gianni Infantino from Zurich, Congress members also approved awarding the three centenary matches to Uruguay, Argentina, and […]

Algeria Asia Columns Headlines International Morocco

Assad’s fall brings Damascus closer to Rabat; Algiers’ military support to ousted regime prompts indignation

The collapse of Assad dictatorship opens a new chapter in the Moroccan-Syrian relationship after the toppled regime supported for decades the Polisario separatist group and the Algerian junta against Morocco’s territorial integrity. In November 2011, the Moroccan embassy was attacked by pro-Assad protesters in Damascus, prompting the ambassador’s recall and the closure of the premises. […]

Asia Headlines International Morocco

Arab Information Ministers Council commends Bayt Mal Al-Quds for supporting Jerusalem inhabitants

The Executive Office of Arab Information Ministers Council hailed the efforts made by Bayt Mal Al-Quds Asharif Agency, the executive arm of Al-Quds Committee chaired by King Mohammed VI, for supporting the Palestinian people and preserving the Arab and Islamic identity of the holy city. In a resolution adopted at the end of its meetings, […]

Africa Business Emerging Markets Headlines International

Intra-Africa trade hampered by high costs, cumbersome border procedures — TMA report

Trade among African countries within the African Continental Free Trade Area (AfCFTA) is hampered by inefficient border procedures, complex documentation requirements and the lack of harmonization of regulatory regimes, all of which create major business obstacles, a new report by TradeMark Africa (TMA) says. The report, titled ‘Trade Facilitation Report: Driving African Trade through Digitalization’, […]

Africa Headlines International Morocco

Morocco produces Africa’s first Mpox tests

A Moroccan company has produced Africa’s first Mpox test, as the continent struggles to contain the spread of the virus, AP reported. The jabs are being produced by Moroccan startup Moldiag after the virus was declared a global emergency by the World Health Organization. The company last month began accepting orders from Burundi, Uganda and […]

Africa Europe Headlines International

France starts withdrawal from Chad as longstanding military presence winds down

French military forces have begun pulling out of Chad, marking the end of a long era of defense cooperation in the region. The withdrawal process, which started with the departure of two Mirage fighter jets, follows Chad’s sudden decision to terminate its defense agreement with Paris. Although details about the timetable and the fate of […]

Africa International

Sudan: ICC indictment begins against Ali Kushayb, former Janjaweed leader

Former Janjaweed leader Ali Mohammed Ali Abd-Al-Rahman, also known as Ali Kushayb, faces charges of crimes against humanity and war crimes at the International Criminal Court (ICC). The alleged crimes were committed in 2003 and 2004 during the Darfur conflict in Eastern Sudan. This landmark case marks the first trial of a Sudanese official for […]

Africa Emerging Markets Headlines International

Ghana: Mahama returns to the presidency, promises a fresh start for economy

Ghana’s former president, John Dramani Mahama, has reclaimed the nation’s highest office following a decisive electoral victory. With just over 56% of the votes, he outpaced Vice President Mahamudu Bawumia, who conceded defeat and garnered about 41%. Mahama’s return comes amid deep economic hardships and high living costs that left voters eager for change. He […]

Africa Emerging Markets Finance Headlines International Morocco

AfDB contributes €104.7 million to boost water sector in Morocco, speed up ONEE digitalization

The African Development Bank (AfDB) has extended Morocco a €104.7 million loan to boost the water sector in the Kingdom. The funding is destined to speed up the digitalization processes of the National Office for Electricity and Drinkable Water (ONEE), boost drinking water production in several urban areas (Asfalou, Bouhouda and Agourai), and improve the […]