Africa Business Emerging Markets Headlines International Morocco

Africa’s top 500 companies: champions in mining, oil, construction powering ahead

‘A revival with fanfare’ is how the latest ranking of the most important 500 African companies drawn up by Jeune Afrique magazine might be best described, with profits amounting to $80,84bn in total. After analyzing the results of more than 1,200 companies, the French-language pan-African weekly news magazine unveiled its exclusive ranking of the 500 […]

Africa Americas Headlines International

US VP Harris’ weeklong trip to Africa in March, a bid to counter China, Russia

The US Vice President Kamala Harris will travel to Africa later this month where she is scheduled to visit Zambia, Ghana, and Tanzania. The week-long trip is seen as part of Joe Biden administration’s effort to bolster its relationships with the continent, as competitors like Russia and China have made inroads in the region. During […]

Africa Emerging Markets Energy Europe Headlines International

Africa’s green hydrogen potential, vital for Europe’s future energy security

The European Union is eyeing the potential of Africa’s yet-to-be-developed green hydrogen industry, deepening climate and energy partnerships in the process, as evidenced by the recently inked $34 billion deal for a giant green hydrogen project in Mauritania. After a recent rush on Africa’s natural gas resources following the Russia-Ukraine war flare up in March […]

Africa Business Emerging Markets Europe Headlines International

Brain drain: Africa to lose skilled workforce due to Germany’s new migration policy

Germany’s plan to establish migrant centers in five African countries to offer a select category of Africans the possibility of settling on its soil is likely to encourage brain drain, which will occur due to the exit of skilled people from the continent, experts have warned. The new fast-track procedure proposed for skilled labor essentially […]

Africa Americas Community Headlines International

Blinken hails Niger as model of cooperation, promises to ‘deliver results’ in Sahel

The United States and its Western allies must demonstrate they “can deliver results” in Africa’s Sahel region, US Secretary of State Antony Blinken has said during his visit to Niger, pledging humanitarian assistance for displaced people and support for the country’s efforts to combat violent extremism. Blinken’s trip to the West African country — the […]

Africa Americas Headlines International

Blinken wraps up Ethiopia visit, starts ‘historic’ trip to Niger at ‘critical juncture’ for Sahel

US Secretary of State Anthony Blinken, who has just wrapped up his visit to Ethiopia, is historically the first US secretary of state due to arrive in Nigeria this March 16, amid concerns over Sahel security and growing Russian and Chinese influence. Top diplomat Antony Blinken has embarked on his latest official trip to the […]

Africa Business Europe Headlines International

EU needs to strengthen cooperation with Africa on trade in services — ECFR study

Trade in services is critical for improving the competitiveness of African economies and improved trade in services with African countries could help the European Union diversify its supply chains, strengthening resilience and reducing dependencies on China and other Asian countries, according to a new policy brief published by the Brussels-based European Council on Foreign Relations […]

Business Emerging Markets International

Tanzania ranked among Africa’s top investment destinations

The number of registered business projects in Tanzania increased by 128% in February, highlighting the success of the government’s pro-business stance that is sending a positive message to prospective investors. The 7,370 jobs expected from the new projects in February represent a 493% increase over those created by projects registered a year ago, according to […]

Africa Americas International Maghreb

US special forces train West African armies in annual Flintlock counterterrorism drills

As extremist violence in the Sahel region spreads southwards toward coastal states, military personnel from several African countries, including Morocco, are being trained in counter-insurgency tactics as part of the annual United States-led military exercise known as Flintlock. The US military launched on march 1 its annual military training exercise, which is aimed at helping […]

Africa Business Emerging Markets Headlines International Morocco

Food Security in Africa: Microsoft, OCP Africa pool efforts to support smallholder farmers

Microsoft, through its Africa Transformation Office, and Morocco’s OCP Africa announced at the 5th United Nations Conference on the Least Developed Countries (LDC5), held in Doha, March 5-9, a partnership to support smallholder farmers and other stakeholders across Africa by 2025. OCP Africa, an African company that provides fertilizer solutions tailored to local conditions and […]