Americas Headlines International Morocco

US praises Moroccan King’s commitment to peace, security in the Middle East

US Secretary of State, Antony Blinken, has praised King Mohammed VI’s commitment to peace and security in the Middle East. During a phone call Wednesday with Foreign Minister Nasser Bourita, the U.S. top diplomat also welcomed continued “close” cooperation between Morocco and the United States, according to a press release issued Thursday by the State […]

Africa Business Emerging Markets International

West African agriculture: ECOWAS, partners launch committee for fertilizer control

The Economic Community of West African states (ECOWAS) and its regional partners have launched a strategic regional committee for fertilizer control to address West Africa’s fertilizer quality challenges. ECOWAS, in cooperation with the West African Economic and Monetary Community (UEMOA) and the Permanent Interstate Committee for Drought Control in the Sahel (CILSS), has officially launched […]

Africa Emerging Markets International

Nigeria: deepening currency crisis, soaring inflation are threats to country’s economy

Currency crisis in Nigeria deepens as its currency, the Naira, has dropped to ₦1,040 per dollar, which comes as a national industrial association has warned that soaring inflation is a threat to the country’s economy. In the parallel market, Nigeria’s currency has dropped to N1,040 per US dollar as supply surpassed demand, which was due […]

Columns Headlines International Maghreb Morocco

UN/Sahara: 4th Committee reiterates support for UN political process, reaffirms burial of referendum

The Fourth Committee of the UN General Assembly adopted, on Wednesday, a resolution reiterating its support for the political process carried out under the exclusive auspices of the United Nations for the settlement of the regional dispute over the Moroccan Sahara and reaffirming the final burial of the referendum. The resolution calls on all parties […]

Americas Emerging Markets Headlines International Morocco

WB, IMF & Morocco Call for Enhanced Global Action to Build Resilience for Better Future

The World Bank, the International Monetary Fund (IMF) and Morocco have launched a call for enhanced global action on common challenges in a bid to build resilience and expand opportunities for a better future. In a joint statement issued Wednesday in Marrakesh which is hosting the 2023 Annual Meetings of the WB & IMF, the […]

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France begins pulling out its troops from Niger after junta’s order

France has begun pulling out its troops from Niger after being ordered out of the West African nation by the military junta that ousted the pro-Paris president in a July coup, the military said Tuesday (10 October). “The first troops have left,” the spokesman of the French chief of staff said, confirming an earlier announcement […]

Africa Business Emerging Markets Headlines International

African govt’s to open aviation markets to address poor intra-African air connectivity

It’s high time to address the ‘embarrassingly low’ level of intra-African air connectivity which is depriving the continent and its people from reaching their full potential, an airline body chief has said. Addressing the recent annual general assembly of the Airlines Association of Southern Africa (AASA) that was held in Luanda in Angola, the airline […]

Africa Asia Business Emerging Markets Europe International

East Africa: EU Global Gateway struggles to challenge rival China’s BRI

To offer developing countries an “alternative” to China’s Belt and Road Initiative (BRI), the EU launched, in 2021, its €300 billion Global Gateway scheme but as Kenya’s case shows, the EU’s initiative struggles to challenge its Chinese rival. For the European Union, investing in trade routes is about economic development and a way to push […]

Africa Energy Features International

Victims, survivors sue TotalEnergies over 2021 terror attack in Mozambique

Seven survivors and relatives of victims have launched a legal action against French company TotalEnergies for “involuntary manslaughter and failure to assist a person in danger” following a bloody 2021 Islamic State-linked jihadist attack in northern Mozambique. Victims and their families accuse the French energy giant, which ran a $20 billion liquefied natural gas project […]

Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD backs Morocco’s efforts to speed up green energy transition

The European Bank for Reconstruction and Development (EBRD) is joining efforts with Moroccan Ministry of Energy Transition & Sustainable Development to accelerate the decarbonization of the electricity sector in Morocco. The two sides signed on Wednesday a MoU on the sidelines of the 2023 Annual Meetings of the World Bank & the International Monetary Fund […]