Africa Europe Headlines

Sweden cuts African development funds, Norway boosts humanitarian support

Sweden and Norway have taken sharply different paths on aid to Africa, with Stockholm cutting aid while Oslo increases allocations for humanitarian support. On Dec. 8, Sweden announced it will phase out bilateral development assistance to five countries, including four in Africa: Zimbabwe, Tanzania, Mozambique and Liberia. The goal was to free up about 10 […]

Africa Business Emerging Markets Headlines International

AfDB urges improved African refining capacity to tap into vast mineral wealth

Africa needs developing industrial processing capacity to tap into its strategic mineral reserves, the African Development Bank (AfDB) said. In a detailed report dubbed, A Dozen Critical Minerals for Africa’s Inclusive Growth and Development, the development bank revealed stark imbalances. Despite 29% of global bauxite reserves, 64% of manganese, and 70% of cobalt production, Africa […]

Africa Headlines International Morocco

First African Summit on Health Systems charts continent’s transition from dependency to sovereignty

The first African Summit on Health Systems and Health Sovereignty concluded on Saturday with the adoption of the “Dakhla Declaration” that charts the continent’s transition from dependency to sovereignty. This Declaration reaffirms the right to health for all, equity, intra-African solidarity, and the continent’s leadership in defining its own health solutions. Through this Declaration, health […]

Africa Business Community Emerging Markets Headlines International Morocco

Africa asserts mineral sovereignty through Marrakech Declaration on critical metals

Africa has taken decisive steps to reclaim control over value creation from its natural resources as global demand for critical metals accelerates. The Marrakech Declaration adopted by Morocco’s International Mining Congress, held Nov. 24 -26, marks a strategic milestone in continental resource governance. The energy transition narrative long focused on replacing fossil fuels with renewable […]

Africa Business Emerging Markets Headlines International

Africa yet to tap into gold wealth as prices hit record high

Gold prices surged to historic highs in 2025, repeatedly approaching $4,000 an ounce, according to the World Gold Council, as geopolitical tensions, global inflation and aggressive central bank buying drove demand for the safe-haven metal. The rally has reignited debate over Africa’s role in the global gold market. The continent holds nearly 30% of global […]

Africa Business Emerging Markets Headlines International Morocco

Dakhla Atlantic Port advances with strategic African integration vision

Dakhla Atlantic Port remains a strategic lever for southern provinces development, embodying Morocco’s vision of a strong Atlantic facade open to Africa and the Sahel. King Mohammed VI emphasized during the 45th Green March anniversary that this mega-project positions Dakhla-Oued Eddahab as a new African economic integration interface, ensuring continental influence. The project aligns with […]

Business Emerging Markets Headlines Morocco

Tourism investment growth across Africa highlighted at Morocco showcase summit

The second Morocco Showcase Summit convened November 19-20 in Casablanca with renewed ambitions positioning tourism investment as a rapidly growing sector across Morocco and Africa. Jointly organized by the Moroccan Society of Tourism Engineering (SMIT) and API Events, the gathering attracted over 300 participants including experts, investors, operators, and national and international tourism decision-makers from […]

Africa Columns Community Headlines International Morocco

In Morocco, Africa stands united against child soldiers

The African Ministerial Conference on Disarmament, Demobilization and Reintegration (DDR) of child soldiers, held Thursday in Rabat, was crowned with the adoption of a joint statement, pledging to combat the recruitment and use of children in armed conflicts. The Rabat Declaration, endorsed by participating African Ministers and Heads of delegations, is a collective African response […]

Africa Finance Headlines International

New debt tracker signals shift toward Africa’s financial sovereignty

In a landmark move to address Africa’s mounting debt crisis, finance ministers across the continent have adopted the African Debt Monitoring Mechanism (ADMM) — a real-time, continent-wide system designed to track both domestic and external debt. Approved during the 8th Ordinary Session of the African Union’s finance-focused committee in South Africa, the ADMM is hailed […]

Business Features Finance Headlines

Debt Dilemma: Sub-Saharan Africa Faces Costly Trade-Off in Funding Shift

Sub-Saharan African nations are facing mounting fiscal strain as they increasingly turn to domestic banks to fund government budgets, the International Monetary Fund (IMF) warned in its latest Regional Economic Outlook. With global capital markets still hesitant and aid flows uncertain, governments are borrowing more at home — paying higher rates and placing pressure on […]