Business Emerging Markets Headlines International Morocco

Morocco set to strengthen foothold in Mediterranean’s maritime logistics with Nador West Med

Morocco, which is already operating the Mediterranean’s largest container Port, Tanger Med, is poised to inaugurate another deepwater port dubbed Nador West Med, which would further strengthen the country’s role at the heart of global maritime traffic. While Tanger Med has a nominal capacity of 9 million containers, Nador will start with a capacity of […]

Africa Business Emerging Markets Headlines International

Ethiopia to build Africa’s largest airport

Ethiopia plans to build what would be the largest airport on the continent, with four-runways at an estimated cost of $6 billion. The airport will be located near the resort town of Bishoftu (Oromia region), 45 km from the country’s capital and will span over an area of 35 sq.km, Mesfin Taseu, CEO of the […]

Asia Community Headlines International Morocco

Palestinian PM expresses gratitude to King Mohammed VI for his sustained support of Palestinian cause

Palestinian Prime Minister Mohammad Mustafa expressed on Monday in Ramallah his thanks and gratitude to the Kingdom of Morocco and King Mohammed VI for their “sustained efforts in favor of the Palestinian cause.” During a meeting in the Holy City with Ismail Ramli, the coordinator of programs and projects for Bayt Mal Al-Quds Asharif Agency […]

Africa Headlines International Morocco

Morocco’s King represented at investiture ceremony of President Paul Kagame of Rwanda

King Mohammed VI was represented at the investiture ceremony of Rwanda’s president, Paul Kagame, by President of the Higher Council for Education, Training and Scientific Research, Habib El Malki. Rwandan President Paul Kagame was sworn in on Sunday August 11 for a fourth term, following the presidential election held last July, where he won in […]

Africa Headlines International

Sierra Leone hands down harsh sentences to soldiers involved in failed coup

A military court in Sierra Leone has delivered severe punishments to 24 soldiers for their involvement in last year’s attempted coup against President Julius Maada Bio. Following an eight-month trial, the soldiers received lengthy prison terms, with some facing up to 120 years behind bars. The foiled coup, which occurred in November, involved an attack […]

Europe Headlines International Morocco

Visa exemptions for Moroccan, Azerbaijani travelers enter into force on August 28

Visa exemptions for Moroccans and Azerbaijanians visiting either country enter into force on August 28. The announcement was made by Morocco’s Embassy in Azerbaijan which said this comes in enforcement of the agreement signed by the two countries to exempt ordinary passport holders from visa requirements. “As of this date (August 28, 2024) Azerbaijani nationals […]

Africa Business Emerging Markets Headlines International

Infrastructure bottlenecks undermine South Africa’s growth

Once the largest economy in the continent, South Africa reels under infrastructure degradation that risks ditching the country’s economic growth, according to S&P Global Market Intelligence. Infrastructure dysfunctions, notably irregular electricity, supply hit production at Africa’s most industrialized nation, stoked unrest and worsened the country’s macroeconomic balances. Thea Fourie, Director for Sub-Saharan Africa Economics and […]

Africa Algeria Columns Europe Headlines International

Cracks Appearing in Algiers-Moscow Relations following Ukraine’s Support to Tuareg Separatists in Mali

Russia is reportedly angry with Algeria, its traditional ally, for failing to tip it off over the support provided by Ukraine’s military intelligence to a coalition of Tuareg separatists and jihadists who fought the Wagner group and Malian armed forces near Algerian border last week. According to press reports, tensions running high between the two […]

Africa Business Emerging Markets Headlines International

Ghana, Africa’s top gold producer, opens its first refinery after centuries of mining

Ghana, Africa’s biggest gold producer, has launched its first-ever refinery after centuries of mining of the valuable commodity, in a bid to reap more value from its abundant natural resources. The Royal Ghana Gold Refinery is set to refine 400 kilograms of gold a day, sourcing the raw material primarily from artisanal and small-scale mines, […]

Africa Headlines International

Uganda’s Deadly Landfill Collapse Claims 21 Lives as Rescue Efforts Continue

A devastating landslide at Kampala’s only landfill site has resulted in at least 21 deaths, with rescue workers still searching for survivors. The tragedy occurred after weeks of heavy rainfall caused a massive mound of garbage to collapse, burying nearby homes as residents slept. President Yoweri Museveni has ordered the relocation of all residents living […]