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Gulf states expand economic influence in Africa, challenging European dominance — ECFR report

In recent years, the Gulf monarchies have pivoted towards a more geo-economic strategy in Africa, diversifying their engagements from security and political interests to economic development, says a new report by the European Council on Foreign Relation (ECFR), noting that the Gulf expansion could also exacerbate the ongoing decline in European involvement in the continent. […]

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Poor infrastructure hampering intra-Africa trade, report finds

A recent report by the Mauritius Commercial Bank Group has highlighted the significant barriers posed by Africa’s inadequate transport and logistics infrastructure, which continue to hinder the region’s trade potential. Despite Africa’s growing economy, intra-Africa trade still accounts for a mere 16% of the continent’s total trade. The report, entitled ‘Harnessing Africa’s Trade Potential: Strategies […]

Africa Columns Headlines International Morocco

Morocco’s AU PSC Chairmanship in March, Renewed Commitment to Peace & Stability in Africa

Morocco’s chairmanship of the African Union (AU) Peace and Security Council (PSC) for the month of March was an opportunity to reaffirm the Kingdom’s strong commitment to peace and stability in Africa. In line with the vision of King Mohammed VI, who has consistently advocated for an Africa that believes in its ability to shape […]

Africa Emerging Markets Headlines International Morocco Technology

Fez to host 1st International Congress on Entrepreneurship & Innovation Ecosystems in Africa

The first edition of the International Congress on Entrepreneurship and Innovation Ecosystems in Africa will take place on April 4-5 in Fez. This congress will bring together experts, researchers, and entrepreneurs to discuss entrepreneurial dynamics and innovation ecosystems in Africa. The program features plenary conferences, debates, and a series of thematic workshops on topics such […]

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EU’s expanded carbon border tax set to hit African exporters hard

Recent amendments to the European Union’s Carbon Border Adjustment Mechanism (CBAM) are set to significantly affect African exporters, particularly those in industries with high carbon emissions, experts say. Introduced last month, these changes expand the scope of the CBAM to include indirect emissions — those generated by electricity used in production. This poses a serious […]

Africa Emerging Markets Headlines International Morocco

AU PSC calls for integrating environmental dimensions in peace, security & development strategies in Africa

The Peace and Security Council (PSC) of the African Union (AU) underscored the importance of integrating environmental and climate dimensions, including agricultural adaptation, into peace, security, and development strategies in Africa. In a communiqué issued on Saturday following a meeting on “Climate Change: Challenges to Peace and Security in Africa,” held recently under the chairmanship […]

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 […]

Africa Business Emerging Markets Europe Headlines International Morocco

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, […]

Africa Business Emerging Markets Headlines International Morocco

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 […]

Africa Business Emerging Markets Headlines International Morocco

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 […]