Africa Emerging Markets Headlines International Morocco

President of Comoros commends Moroccan King’s enlightened vision for a prosperous, autonomous Africa

The President of the Union of the Comoros, Azali Assoumani, commended King Mohammed VI’s enlightened vision for a prosperous and autonomous Africa, enjoying the place it deserves on the international stage. Speaking at the close of the 15th edition of the MEDays Forum, the Comorian Head of State and acting chairman of the African Union […]

Africa Energy Headlines International

Africa’s critical mineral value chains need to be enhanced to realize their full potential — experts

While Africa’s critical mineral reserves and mineral industry are possibly the largest in the world, if African countries are to harness the full potential of these essential resources, local and sustainable value chains must be established, according to experts. Home to 30% of the world’s mineral reserves — found in abundance in South Africa, Zimbabwe, […]

Africa Community Europe Headlines International

German president’s apology for colonial-era killings in Tanzania, a welcome first step

During a visit to Tanzania, German President Frank Walter Steinmeier has asked the country and its people to forgive Germany’s colonial abuses under its colonial rule. Steinmeier’s move to ask for forgiveness from the descendants of hundreds of thousands of victims of violence committed by German colonial rulers more than a century ago has been […]

Africa Business Emerging Markets Headlines International

Biden endorses AGOA extension, as African countries sought to boost benefits at Johannesburg summit

The US President Joe Biden endorsed the extension of the African Growth and Opportunity Act (AGOA) upon its expiry in September 2025. “I strongly support re-authorization of the African Growth and Opportunity Act — a landmark, bipartisan law that has formed a bedrock for US trade with sub-Saharan Africa for more than two decades,” said […]

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Improved intra-Africa trade crucial for achieving food security — AGRA

Africa cannot achieve food security without improving intra-continent trade, according to a senior official of the Alliance for a Green Revolution in Africa (AGRA) who was speaking at the recent 2023 Africa Day for Food and Nutrition Security Commemoration and the Comprehensive Africa Agriculture Development Program (CAADP) Partnership Platform meeting in Lusaka, Zambia. Organized by […]

Africa Asia Business Emerging Markets International

IMF warns of Africa’s vulnerability to China’s slowing economy

While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the International Monetary Fund (IMF) has cautioned African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Xi’sUS$10 billion pledge for […]

Africa Americas Business Headlines International

US to remove Gabon, Niger, Uganda and CAR from AGOA trade program

US President Joe Biden announced on Monday (30 October) his intention to end the participation of Gabon, Niger, Uganda, and the Central African Republic (CAR) in the African Growth and Opportunity Act (AGOA) trade program, citing their failure to comply with the eligibility criteria. Launched in 2000, AGOA grants exports from qualifying countries duty-free access […]

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Hand-in-Hand Investment Forum aims to boost funding for agrifood systems in Sahel

Governments from Africa’s Sahel have recently met with potential donors and other organizations at the Hand-in-Hand Investment Forum 2023, organized by the Food and Agriculture Organization of the United Nations (FAO), where they presented dozens of projects aimed at boosting agricultural production and food security in a sustainable and profitable way. The FAO’s matchmaking initiative, […]

Africa Asia Business Emerging Markets International

Africa holds special place in India’s superpower ambitions

Diplomatic relations between India and Africa have expanded rapidly since the early 2000s but, with India aspiring to become the 21st century’s next superpower, the relationship between both sides will be driven by business links, trade and the joint efforts to reshape the international institutions. At the recent G20 summit in New Delhi, Indian Prime […]

Africa Business Emerging Markets Headlines International

Critical Minerals Africa Summit 2023 explored continent’s role in global mineral supply chains

The Critical Minerals Africa 2023 summit was held in Cape Town this week (17-19 October), with a high-level ministerial panel addressing the future of African mineral resource development, as the continent’s mineral reserves gear up to power a global energy transition. The Critical Minerals Africa 2023 summit, organized by Energy Capital & Power, serves to […]