The Moroccan and Ivorian exporters’ associations, Asmex and Apex-CI, have decided to pool efforts to set up an African external trade association, Aujourd’hui Le Maroc reports. The decision came under a partnership deal signed by the two associations on May 25, marking the African World Day. The future African association will support and provide a […]
Tag: Africa
France adopts bill ratifying the end of CFA franc
The French Council of Ministers adopted Wednesday the bill ratifying the end of the CFA franc. This text formally validates the transformation of the West African currency, which will change its name to eco. It is a new step after the announcement made on December 21 by Presidents Emmanuel Macron of France and Alassane Ouattara […]
Facebook to build internet infrastructure in Africa
Facebook announced it will cooperate with a consortium of telecom businesses to build, 2Africa, the Africa internet infrastructure. 2Africa will involve Alcatel Submarine Networks, China Mobile International, Telecom Egypt and Vodafone who make up part of the partnering companies, Anadolu reports. The project, defined as a mammoth 22,990 mile-long undersea cable around Africa, according to […]
COVID-19: Containment costs Africa $65.7 billion a month
The containment imposed to limit the spread of COVID-19 costs Africa 2.5% of its GDP, equivalent to $65.7 billion per month, the Economic Commission for Africa (ECA) revealed in a report. Private companies approached by the authors of the report say they are working at only 43% of their potential. These estimates do not take […]
Coronavirus: EU sets up humanitarian air bridge to CAR, other African countries
The European Commission has set up an EU humanitarian air bridge to transport humanitarian workers and emergency supplies for the coronavirus response to some of most critical areas around the world. The first EU flight, operated in cooperation with France, is flying from Lyon to the Central African Republic this Friday. It will transport around […]
Pandemic continues spreading in Africa, Tanzania questions quality of Covid 19 tests
As the coronavirus pandemic continues spreading in Africa with over 45,500 confirmed cases and 1,820 fatalities, many questions are being raised on the quality of Covid 19 tests sent to the continent. President John Magufuli of Tanzania directly questioned the coronavirus test kits used in his country. Speaking Sunday from his residence in Chato, […]
COVID-19: WAEMU suspends temporarily Convergence Pact
The Conference of Heads of State and Government of the West African Economic and Monetary Union (WAEMU) decided to suspend temporarily the application of the Convergence, Stability, Growth and Solidarity Pact. The decision was made at an extraordinary session by videoconference on 27 April 2020 to address the health crisis in WAEMU countries. According to […]
COVID-19: African diaspora’s remittances to drop in 2020
The coronavirus pandemic and its economic consequences in host countries will have a negative impact on migrants’ money transfers to Africa, which are expected to fall sharply in 2020, according to World Bank experts. The COVID-19 pandemic is a blow to the economy of the countries on the African Continent, the experts say. In 2019, […]
UN sets up Africa regional knowledge hub to fight COVID-19
As the world grapples with the unprecedented COVID-19 global health crisis, the United Nations is spearheading a digital hub to house information and knowledge resources to assist crucial development system partners in fighting the pandemic in Africa., the UN said in a press release. The virus has caused a global crisis affecting the core of […]
Morocco denies banning drugs exports to African countries
Moroccan health authorities have refuted the press reports claiming that the Kingdom has banned the exports of drugs to African countries, particularly during the current global health crisis caused by coronavirus pandemic. The Moroccan ministry belied the press report, labeling as “false and baseless” its claims, which seek to tarnish Morocco’s image and its health […]









