Africa Headlines International

EAC states increase trade with Africa

While East African Community (EAC) member states are increasingly trading with one another and with other African countries, latest statistical data have shown that many other nations on the continent, such as Cameroon, still have marginal trade with Africa despite AfCFTA implementation. According to the latest data by the EAC Secretariat, the seven EAC member […]

Asia Business Emerging Markets Headlines International Morocco

China’s Hailiang, Shinzoom to join Morocco’s EV battery ecosystem

China’s copper foil producer Hailiang and anode maker Shinzoom signed a deal with Tanger Tech to build two plants for a total investment close to $1 billion, adding to a list of Chinese electric battery investors in the Kingdom. Hailiang signed a deal with Tanger Tech to build a copper factory for a total cost […]

Africa Americas Asia Emerging Markets Headlines International

Africa’s AI sector becomes new battleground in US-China race for the continent

Artificial Intelligence (AI) is fast becoming the latest frontier in the competition between the United States and China in Africa, as African countries are set to gain from both AI superpowers’ keen interest in collaboration to advance AI innovation on the continent. The US was the leading source of top computer programs known as AI […]

Asia Headlines International Morocco

Developments of situation in Palestine discussed in Manama by Moroccan and Palestinian Foreign Ministers

Developments on the Palestinian scene were at the focus of a meeting in Manama Tuesday between Moroccan and Palestinian Foreign Ministers, Nasser Bourita and Mohamad Mustafa, who is also Palestine’s Prime Minister. During the meeting that reviewed means of promoting relations between the two brotherly countries, Bourita reiterated Morocco’s constant position, under the leadership of […]

Europe International Morocco

Morocco-Serbia: Royal Atlantic Initiative Highlighted in Belgrade

The Royal Initiative for the Atlantic was highlighted at a conference at Belgrade’s Faculty of Diplomacy and Security, on the theme “Priorities and ambitions of Moroccan diplomacy – Case study: the Royal Initiative for Atlantic Morocco”. During this meeting, Morocco’s ambassador to Serbia, Mohamed Belhaj, stressed that the Royal Atlantic Initiative was of great strategic […]

Algeria Asia Columns Headlines International Morocco

Bahrain: Algeria fails to include Sahara issue in Arab Summit agenda

The Algerian regime has suffered another humiliating diplomatic setback following its failure to include the Sahara issue in the agenda of the upcoming Arab summit due in Bahrain May 16. According to diplomatic sources, the Arab League has rejected the Algerian hostile and provocative move, affirming that the Pan-Arab Organization respects the sovereignty of Arab […]

Business Emerging Markets Europe Headlines International Morocco

Fitch Solutions expects nearly 17 Mln tourist arrivals in Morocco in 2024

Morocco’s tourist arrivals are expected to reach 16.8 million in 2024 against the 14.5 million recorded in 2023, says Fitch Solutions Company in its latest business monitoring report. The strong growth will be driven by increasing arrivals from key source markets such as France, Spain and Belgium. France is expected to be Morocco’s largest arrivals […]

Africa Algeria Business Egypt Headlines International Morocco

Egypt, Algeria, Morocco, Nigeria among largest global wheat importers

Egypt will be the largest global wheat importer in 2024/25 (July-June) as the country recovers from a foreign exchange reserve crisis and seeks to rebuild inventories, the US department of agriculture USDA said. “In addition to wheat milled for domestic use, Egypt is also expected to continue exporting some wheat flour to nearby countries such […]

Africa Europe Headlines International

Senegal retrieves Senghor’s library from France

The Senegalese government has bought 344 books owned by its former President Leopold Senghor, after it managed to stop them from being auctioned in France. Senghor served as the first president of independent Senegal from 1960 to 1980. He is also better known for his central role in developing Negritude, an intellectual movement that defended […]

Africa Finance Headlines International

Africa needs $15bn to increase local manufacturing of mineral fertilizers to boost self-reliance — AU

The Africa Fertilizer and Soil Health summit held in Kenya’s capital Nairobi has recently closed with a 10-year action plan, as the African Union (AU) has said a $15 billion private sector investment is needed to increase manufacturing of mineral fertilizers in Africa. The Africa Fertilizer and Soil Health summit that took place last week […]