Africa Business Finance International

Sub-Saharan Africa income further falls behind rest of the world

Sub-Saharan Africans’ income is further decreasing compared to the rest of the World amid a lackluster economic growth, the International Monetary Fund Said. Amid a surge in geopolitical conflicts and climate change devastating impacts, Sub-Saharan African economies would only grow by 3.8% this year, up from 3.4% in 2023, the IMF said in a report. […]

Africa Algeria Headlines International Morocco

Algeria harasses Moroccan players, confiscates Jerseys showing Kingdom’s full map

Algerian authorities held visiting RS Berkane team for more than ten hours at Algiers airport, after confiscating their jerseys showing a full Morocco map, including the Sahara territory. Two-time CAF Confederation Cup winner RS Berkane travelled to Algiers to play title-holder USM Alger on Sunday. But the harassment of Algerian authorities is casting a political […]

Emerging Markets Headlines International

Mali relies on Morocco, a friendly country, to pursue its reconstruction & stabilization

Morocco is one of the friendly countries on which Mali relies to pursue its reconstruction and stabilization, Malian Prime Minister, Choguel Kokalla Maïga, said. Maïga made the remarks when receiving the Moroccan delegation which participated in the Week of Malian Expert Surveyors (April 18-20), where the Kingdom was the guest of honor. The Malian PM […]

Business Emerging Markets Headlines International Morocco

Royal Air Maroc & Safran enhance their partnership in aircraft engines maintenance

Royal Air Maroc and Safran have agreed to foster their partnership in aircraft engines maintenance, the backbone of a secure and reliable air travel system. The agreement was inked in Casablanca by Hamid Addou, CEO of RAM, and Jean-Paul Alary, CEO of Safran Aircraft Engines, in the presence of Mohamed Abdeljalil, Minister of Transport. Safran […]

Europe Headlines International Morocco

Morocco on course to take full-control of Sahara air space management

Spain has confirmed it was working on handing over the management of the Sahara air space to Morocco, which has followed a gradual approach to end Spanish colonial residues in the territory. Spain, the former colonial power, has retained control over the Sahara air space from the Canary Islands. The Spanish government said in a […]

Africa Americas Headlines International

Could Chad be the next Sahel state to end military cooperation with the US?

Chad has sent a letter threatening to end security cooperation with the US, a move already taken by neighboring Niger last month amid growing ties between Sahel military-ruled countries and Russia, CNN reported. Sahel countries- Burkina Faso, Mali, and Niger together with Chad- have already ended France’s military presence in the region, marking an anti-Western […]

Business Emerging Markets Europe Headlines International Morocco

Morocco’s RAM officially tenders for new airplanes

RAM has tendered on April 15 to buy a new fleet of planes as the company opens new routes and braces for an increasing demand by tourists on Morocco destination. The news was confirmed to Reuters by RAM CEO Abdelhamid Addou, who said the airlines plans to quadruple its fleet from 52 over the next […]

Africa Business Emerging Markets Headlines International Morocco

FAO warns of rising hunger levels in Africa, despite farm potential

Hunger levels in Africa are following a worrying trajectory despite the continent’s potential in terms of arable land and abundant resources, FAO chief QU Dongyu said. The lingering impact of the Covid 19 pandemic, raging conflicts, the adverse effects of climate change and economic shocks have worsened hunger prospects in Africa, Dongyu told the 33rd […]

Europe Headlines International

Global Gateway: EU holds its rank as top provider of ‘aid for trade’ in Africa and globally

The European Union remains the world’s biggest contributor of ‘Aid for Trade’, committing over €18 billion in 2021, with Africa being the largest recipient of EU Collective Aid for Trade, followed by Asia and Europe, according to the latest EU Aid for Trade Progress Report. This amount represents 47% of all Aid for Trade originating […]

Africa Asia Headlines International Mauritania

Africa, Middle East crises high on agenda at G7 foreign ministers meeting in Italy

As foreign ministers of the Group of Seven (G7) major democracies have gathered on the Italian island of Capri, Middle Eastern and African issues are also high on the agenda during the three days of talks. The continuing escalation of tensions in the Middle East — between Israel and Iran, the war in Gaza, and […]