Africa International

Rwanda: Plan to hold presidential, parliamentary polls simultaneously

Rwanda plans to amend its constitution to allow for presidential and parliamentary elections to be held at the same time. A statement said the cabinet approved at last week’s meeting a proposal by President Paul Kagame to amend the country’s constitution to allow “harmonization of parliamentary and presidential elections calendars”. Authorities however did not provide […]

Africa Business Emerging Markets Features Headlines International

China’s investment in Tanzania soars, as trade relationship with Nigeria takes dip

China’s investment in Tanzania has hit a record $1.8 billion since President Xi Jinping’s visit in the East African country 10 years ago, while bilateral trade between China and Nigeria has taken dip by about a third in 2022 compared to 2021. China’s direct investment stock in Tanzania is 2.5 times that of 2012, according […]

Africa International

In Ghana, US VP Harris promises to boost ties, investment for Africa

US Vice President Kamala Harris arrived Sunday (26 March) in Ghana for the start of a weeklong visit to Africa intended to deepen her country’s relationships amid global competition over the continent’s future. “I’m very excited about the future of Africa,” Harris said and added that she wanted to promote economic growth and food security […]

Americas Headlines International Morocco

Football: Morocco-Brazil (2-1) victory in a friendly, 1st Arab win over Selecao

The Atlas Lions, the semi-finalist in Qatar’s World Cup 2022, continue to rewrite football history. On Saturday, Morocco defeated Brazil 2-1 in a friendly match played in Tangiers, becoming the first ever Arab team to defeat the five-time world champions. The Midfielder Sofiane Boufal opened the score in the 29th minute with spinning move in […]

Culture Europe Headlines International Morocco

Morocco condemns burning of Quran in Copenhagen

Morocco has condemned in the strongest terms the burning of a copy of the Holy Quran in the Danish capital of Copenhagen in front of the police. “Although this heinous act was committed in front of the diplomatic representation of another Muslim country, the Kingdom of Morocco considers it a provocative act that also concerns […]

Americas Columns Finance Headlines International Opinions Tunisia

US urges Tunisia to reach deal with IMF to avoid collapse

US Secretary of State Antony Blinken urged Tunisia to speed up efforts in order to reach a deal with the International Monetary Fund that would spare it economic collapse. “The most critical thing they can do on the economic side is actually get an IMF agreement,” Blinken said at a senate hearing in a statement […]

Africa Business Emerging Markets Headlines International Morocco

Morocco resumes tomatoes exports

Morocco resumed the exports of tomatoes capped at 1000 tons daily, professionals said, after a ban that lasted weeks. Morocco had banned exports of tomatoes to African markets and reduced shipments to Europe after prices surged to unprecedented levels. The government spokesman Mustapha Baitas had said that the measures were aimed at reducing prices in […]

Africa Business Emerging Markets Headlines International

Soaring fertilizer prices hit African small-scale farmers, deepening food crisis

Rapidly rising fertilizer prices are forcing farmers to reduce output and the world’s poorest continent is expected to be hardest hit, with Angola, Malawi and Zimbabwe most at risk in the Southern African region, according to Food and Agriculture Organisation (FAO). Sanctions on entities within major fertilizer exporter Russia after the invasion of Ukraine and […]

Africa Asia Business Emerging Markets Finance Headlines International

Burking Faso proposes establishing joint Russia-Africa bank to promote trade

Africa should aim at creating a joint bank with Russia to facilitate financial transactions between both sides and promote trade, according to one of Burkina Faso’s leading political figures. “I think that when it comes to strengthening cooperation with Russia in key areas of the economy, it is very important that we explore the possibility […]

Africa Business Emerging Markets International

Extended Ukraine Black Sea grain export deal to help ease hunger across Africa

The extension of the UN-brokered Black Sea Grain Initiative and, in turn, the newly-arrived wheat imports from Ukraine could help ease hunger in drought-stricken areas in Africa and bring down high food prices, according to Kenyan economists. Earlier in the week, 30,000 tons of wheat arrived in Kenya under the Black Sea Grain Initiative, in […]