Business Emerging Markets Europe Headlines International Morocco

Morocco’s CGEM Hails British Justice’s Rejection of Pro-Separatist Action, Calls ‘Victory’ for Both Countries’ Businesses

British Justice’s rejection of pro-separatist action, a ‘victory’ for both countries’ businesses, CGEM says London Court of Appeal’s rejection of the case brought by pro-separatist NGO WSC against the Morocco-UK trade agreement is a victory for Moroccan and British companies, says the General Confederation of Moroccan Businesses (CGEM). The CGEM welcomed in a press release […]

Africa Business Emerging Markets Headlines International

Civil unrest in Africa hits 6-year high, driven by political tensions, food insecurity — report

Businesses operating in Africa “are grappling with an unprecedented rise in disruption, linked to protests, demonstrations and rioting,” according to a latest research by risk intelligence firm Verisk Maplecroft, which also suggests that the situation will deteriorate over the course of 2023. The surge in civil unrest in Africa, driven by political tensions, food insecurity, […]

Algeria Business Energy Europe Headlines International

Algeria: After denying any desire to withdraw, TotalEnergies slips away secretly from Arzew project

TotalEnergies has abandoned the polypropylene plant project at Arzew, located on the Algerian coast, near Oran. However, no official announcement has been made by the French group. It was until May 18 that the British oil services company Petrofac revealed that STEP Polymers SPA (a 100% subsidiary of the Algerian state company Sonatrach) had awarded […]

Algeria Europe Headlines International

Algerian Connection: Spain seizes a 322-Kg cocaine shipment en route to Oran

Spanish authorities have seized lately 322 kg of cocaine at Algeciras Port (Cadiz). The cocaine, worth several million US dollars, was concealed in a container coming from Brazil and heading to Oran, Algeria. The new seizure confirms international intelligence reports saying that Algeria has become a gateway for South American drug cartels seeking access to […]

Columns Emerging Markets Europe Headlines International Morocco

An Ode to Morocco on the Financial Times

The charm of Morocco with all its picturesque landscape, enchanting centuries-old cities, and enchanting cultural diversity, arts, cuisine and smells were neatly woven in a story by the Financial Times’ travel editor Maria Shollenbarger, who gave the reader a sense of the Morocco experience. Shollenbarger traveled with her 80-year-old mother who came all the way […]

Africa Asia Business Community International

Kenyans question security of IT systems after alleged Chinese hacking of gov’t data

Media report about a series of digital intrusions against key Kenyan ministries and state institutions allegedly carried out by Chinese hackers has sparked debate in the East African country about the security of the nation’s systems. The report about China, Kenya’s largest creditor, carrying out hacking attacks on the East African country’s government that was […]

Americas Emerging Markets Headlines International Morocco

US First Lady to visit Morocco part of a coming trip to MENA region, Europe – Spokesperson

The First Lady of the United States Jill Biden will visit Morocco, part of a coming trip she is making to the Middle East, North Africa, and Europe shortly, her spokesperson Vanessa Valdivia announced on Friday. The Firt Lady’s visit to the kingdom is part of a tour of the Middle East, North Africa and […]

Asia Business Egypt Headlines International

Egypt in advanced talks to purchase 12 Chinese J-10 Vigorous Dragon fighter jets

Egypt is in advanced talks with China for the purchase of around 12 of the latest version of the J-10 Vigorous Dragon multirole combat fighter jet, The New Arab reports. Talks between the two sides started last year and the North African country is expected to send representatives of its Air force to the Chinese […]

Africa Features Headlines International Morocco

Morocco Celebrates Africa’s Day and Its South-South Cooperation Policy

Morocco celebrated on Thursday Africa’s Day and its solidarity south-south cooperation spearheaded by King Mohammed VI for the emergence of a New, strong, stable, unified and prosperous Africa upbeat over its future. In a keynote address, Foreign minister Nasser Bourita said under the Royal farsighted leadership, Morocco has made African integration and South-South cooperation cornerstone […]

Africa Business Emerging Markets Finance Headlines International

Africa Day 2023: AU promotes AfCFTA, rejects great-power competition in Africa

The African Union (AU) used the celebrations of the 60th anniversary of ‘Africa Day’ this week to warn the continent not to become a “geo-strategic battleground” for global powers and also to promote the African Continental Free Trade Area (AfCFTA). Africa must not become a “geo-strategic battleground” for global powers, as it grapples with several […]