Africa Emerging Markets Finance Headlines International

AfDB loans Côte d’Ivoire €165m to finance key programs of country’s National Development Plan 2021-2025

The African Development Bank (AfDB) announced Monday the approval by its board of directors of two loans valued at €165 million earmarked for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Program, an important aspect of the country’s National Development Plan 2021-2025. The first loan is worth €120 million and the second […]

Africa Headlines International

War in Sudan: warring generals agree to ‘face-to-face’ meeting as UN warns of ‘catastrophe’

A grouping of eight East African countries, IGAD, has said both Sudan’s warring generals agreed to hold a face-to-face meeting as part of efforts to implement a cease-fire and initiate political dialogue to end the country’s devastating war. In a meeting of the leaders of the Inter-Governmental Authority on Development (IGAD) held in Djibouti, the […]

Asia Business Finance Headlines International

China’s plans to boost renminbi use in Africa face serious headwinds — CEIP study

While China has announced plans to boost the use of the Chinese currency renminbi in Southern Africa, part of Beijing’s efforts to diminish use of the dollar, a new study by Carnegie Endowment for International Peace (CEIP) highlights a number of major obstacles that stand in the way of BRICS’ de-dollarization efforts. In a visit […]

Africa Headlines International

At ECOWAS summit, West African leaders set terms for lifting Niger sanctions

At a recent summit of the Economic Community of West African States (ECOWAS), regional leaders decided to keep sanctions imposed on Niger after a July military coup and said they would need to see progress towards a transition to civilian rule before easing the measures. The West African leaders met Sunday (10 December) for a […]

Africa Headlines International

Mali: UN peacekeeping mission officially ends its decade-long deployment

The United Nations mission in Mali, known as MINUSMA, officially ended a 10-year deployment in the West African country on Monday (11 December), its spokesperson said, in a pull out ordered by Mali’s military leaders. The United Nations Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) was established in April 2013 to support political processes in […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco’s Guelmim-Oued Noun region, part of EBRD’s Green Cities Program

The European Bank for Reconstruction and Development (EBRD) has included Guelmim-Oued Noun region into its Green Cities Program and will thus contribute with a €12 million loan to improve drinking water supply in rural areas and upgrade four existing wastewater treatment plants. “This is a trigger investment that will initiate the region’s participation in the […]

Algeria Americas Columns Headlines International Maghreb Morocco

Will Washington succeed in engaging Algiers amid imminent listing of Polisario “Terror Organization” ?

The Biden administration has intensified lately political and military consultation with the Algerian regime in a bid to de-escalate tension with neighboring Morocco, Washington’s strategic ally and partner. However, several experts wonder whether the U.S. overture to Algeria will hold given the impulsive diplomacy of a country controlled by an oppressive and corrupt junta swaying […]

Algeria Columns Headlines International Maghreb Morocco

UN General Assembly reaffirms exclusivity of UN political process to resolve Sahara issue

The United Nations General Assembly adopted a resolution reaffirming its support for the political process conducted under the exclusive auspices of the UN Security Council for the resolution of the regional dispute over the Moroccan Sahara, and reiterating the definitive burial of the referendum. The General Assembly thus confirmed the resolution adopted by the 4th […]

Algeria Americas Columns Community Headlines International Maghreb Morocco

US recognizes Algeria’s role in perpetuating Sahara conflict

The US is clearly blaming Algeria for perpetuating the Sahara conflict by hampering UN efforts to reach a mutually acceptable political solution based on compromise, in line with Security Council resolutions which since 2007 have been describing Morocco’s autonomy plan as serious and credible. This was the summary of an interview with Deputy Assistant Secretary […]

Americas Columns Emerging Markets Headlines International Morocco

Morocco’s King represented at investiture ceremony of newly elected President of Argentina

King Mohammed VI was represented at the investiture ceremony of the new Argentine President, Javier Milei, which took place on Sunday in Buenos Aires, by speaker of the House of Representatives Rachid Talbi El Alami. The official investiture ceremony of Javier Milei took place at the headquarters of the Argentine Congress, in the presence of […]