Africa Emerging Markets Headlines International Morocco

Morocco pleads for ethical, sovereign African AI before AU-PSC

Morocco pleaded Thursday before the Peace and Security Council of the African Union (AU-PSC) for an ethical, responsible, beneficial, and sovereign African AI and suggested a series of concrete measures to fulfil this goal and build an African elite in AI. “The future of AI in Africa can’t sidestep the need to build an African […]

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Agenttravel Magazine names Royal Air Maroc best airline connecting Spain to Africa

Royal Air Maroc (RAM) has once again been recognized as the best airline connecting Spain to Africa at the 30th “Travelranking” awards by specialized magazine Agenttravel. The award was presented on Thursday in Madrid, acknowledging the airline’s consistent efforts to enhance the customer experience. Awarded by experts from the travel and tourism industry in Spain, […]

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UNECA: Morocco, driver of Africa’s economic integration

Morocco, with its strong tax policies and investment in strategic infrastructures, can help to drive and speed up economic integration in Africa, according to the United Nations Economic Commission for Africa In a tweet posted following the meeting held Monday in Addis Ababa between ECA Executive Secretary Claver Gatete and Morocco’s Industry & Trade Minister […]

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Morocco reaffirms its firm commitment to Africa’s free trade area

Morocco has reaffirmed on Monday, during the 57th session of the United Nations Economic Commission for Africa (UNECA) and the Conference of African Ministers of Finance, Planning and Economic Development in Addis Ababa, its unwavering commitment to the African continental free trade area (AfCFTA). The commitment was renewed by Minister of Industry and Trade, Riyad […]

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African economic growth set to rebound despite persistent challenges

Africa’s gross domestic product is projected to grow by 3.8% in 2025 and 4.1% in 2026, establishing the continent as the second-fastest growing global region, according to economic forecasts released during the 57th Conference of African Ministers of Finance, Planning, and Economic Development in Addis Ababa. Economic experts acknowledge African economies’ remarkable resilience but caution […]

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Russia’s agri exports to Africa surge in 2024, boosting Kremlin’s influence

Russia significantly boosted its agricultural exports to Africa in 2024 by 19%, reflecting the country’s growing economic influence across the continent amid the continuing war in Ukraine. During the previous fiscal year, Russia’s agricultural exports to Africa surpassed $7 billion, according to a statement released by the Agricultural Export Center (Agroexport), with Egypt, Algeria, and […]

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China’s expanding port presence in Africa sparks concerns over security and sovereignty

Chinese state-owned firms are playing a dominant role in port development across Africa, with a presence in 78 ports across 32 countries as builders, financiers, or operators, sparking concerns about China’s long-term geo-strategic aims. According to a new report by the Washington-based Africa Center for Strategic Studies, these Chinese firms are not only builders and […]

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Jeune Afrique’s ranking lists Morocco among major economic powers in Africa

Morocco confirms its position amongst the continent’s major economic powers, Paris-based Jeune Afrique magazine stresses in a press release announcing its 26th exclusive ranking of the 500 largest African companies. While the overall sales of the Moroccan companies ranked amount to $55.9 billion, or 7.6% of the ranking total, their sectoral diversity constitutes “a real […]

Africa Emerging Markets Headlines International Morocco

Malaria in Africa: Mapping Economic Impact and Success Stories

Africa continues to bear the heaviest burden of malaria globally, with the disease slashing GDP growth by approximately 1.3 percentage points annually in the most affected nations. This economic drain, resulting from mounting medical costs, widespread absenteeism, and diminished productivity, compounds the public health crisis across the continent. Besides, climate change threatens to worsen the […]

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AI breaks language barriers, spurs digital access across Africa

Groundbreaking artificial intelligence technologies are dismantling longstanding language barriers across Africa, democratizing digital access for millions, previously excluded from the global information economy. LugandaGPT leads this transformation by enabling indigenous language speakers to engage with online content that has historically remained confined to dominant global languages. This technological revolution captured attention during the AI Summit […]