Business Features Finance Headlines Tunisia

Tunisian President Removes Finance Minister Amidst Economic Crisis, Appoints Judge as Successor

In a significant move, the President of Tunisia dismissed Sihem Boughdiri from her position as Finance Minister on Wednesday February 5, appointing Michkat Khaldi, a prominent judge, as her replacement. Khaldi, who took the official oath at Carthage Palace, assumes the role at a time when the country’s economic situation is dire. Boughdiri, who had […]

Business Emerging Markets Headlines

Africa’s small-scale coffee farmers brace for new EU anti-deforestation law

The new European Union anti-deforestation law, which aims at protecting dwindling forests by outlawing products sourced from deforested areas, is closely watched in parts of Africa, with some local traders arguing that the new rules effectively dissuade European companies from purchasing their coffee. Some industry sources have cautioned that the new rules requiring companies to […]

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African smallholder coffee farmers’ livelihood jeopardized by new EU deforestation law

Many African smallholder coffee farmers are now finding their main source of income in jeopardy after the European Union announced its plan to outlaw products sourced from deforested areas, which, as critics point out, could penalize so-called smallholder coffee farmers in Africa. In 2023, the EU established mandatory rules, known as EUDR, for companies dealing […]

Business Emerging Markets

Abidjan-based Banque Nationale d’investissement pledges to back coffee, cocoa exporters with around $274 million for new season

Banque Nationale d’Investissement (BNI), also known as National Bank of Investment, vowed to support exporters of coffee and cocoa of Côte d’Ivoire with around $274 million for a new season starting in few days, Abidjan Net reports. Jerôme Ahua, Deputy Director of the bank, made the announcement during a networking event of coffee and cocoa […]

Business Emerging Markets

Promising Prospects for Moroccan-Indonesian Economic Ties, The Jakarta Post says

Indonesian daily, The Jakarta Post, wrote on Sunday about the promising prospects for the development of economic ties between Indonesia and Morocco, which the paper described as a “regional power in North Africa.” Morocco is a “promising market as well as a gateway to both African and European countries for Indonesian products and investment, as […]