Africa Finance International

Malawi granted IMF food-shock funding to mitigate impact of global food shortage

The International Monetary Fund (IMF) has approved financing to cope with rising global food prices for Malawi, the first low-income nation to receive financing from the IMF under a new tool intended to help countries cope with global food price shocks. The number of Malawians facing food insecurity has doubled to 20% of the population […]

Africa International

Ethiopian Airlines-led consortium to help newcomer Nigeria Air take-off

Ethiopian Airlines, Africa’s largest air carrier by fleet size, is reviving Nigeria’s bid for a national flag carrier, as it seeks to build its regional network and add to its portfolio of stakes in airlines across the continent. After many failed attempts to launch a profitable airline, Nigeria’s federal government has enlisted Ethiopian Airlines to […]

Business Finance

The African currency rollercoaster ride: struggling against super-strong US dollar

As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to inflationary pressures. With around half of all international trade invoiced in dollars, a stronger greenback hurts consumers across the world — including in Africa — that use dollars to pay […]

Business Finance

Malawi’s intra-Africa trade rises to 32%, boosted by AfCFTA — Brookings study

Trade exchange between Malawi and other countries in the African region has improved over the years, with statistics showing that Malawi now accounts for 32% of intra-Africa trade A recent study published by Brookings Institution Africa Growth Initiative indicates that at 32%, Malawi ranks on position seven out of 13 countries that have improved performance, […]

Africa Headlines International Morocco

Sahara: Malawi reiterates “unwavering” support for Morocco’s territorial integrity

Malawi’s Foreign Minister Ms. Nancy Tembo reiterated, Wednesday from Marrakech, her country’s “unwavering” support for Morocco’s territorial integrity and for the Autonomy Plan proposed to settle the Sahara issue. This came in a joint communique issued following a meeting between the Malawian Foreign Minister and her Moroccan peer Nasser Bourita on the sidelines of their […]

Africa Headlines International Maghreb Morocco

Malawi opens Consulate General in Laayoune

Malawi has inaugurated this Thursday a consulate general in Laâyoune, thus marking its firm support for Morocco’s sovereignty over its Sahara and for its territorial integrity. The inauguration ceremony took place in the presence of the Foreign Minister of Malawi, Eisenhower Nduwa Mkaka, and his Moroccan peer Nasser Bourita. Malawi’s foreign minister Eisenhower Nduwa Mkaka […]

Africa Headlines International Morocco

Malawi joins African countries having consulates in Moroccan Sahara

Malawi will open on Thursday a consulate general in the Moroccan Saharan city of Laayoune, joining nearly thirty African, Arab and Caribbean countries which have already installed diplomatic representations since end of 2019, in Laayoune and Dakhla, pearl of Moroccan Sahara. The announcement of this new consulate was made Tuesday in Rabat by Malawi’s foreign […]

Africa Headlines International Morocco

Malawi reiterates unwavering support for Morocco’s territorial integrity

Malawi has reiterated Wednesday its unwavering and continued support for Morocco’s territorial integrity and commended the Kingdom’s efforts to reach a political solution for this regional dispute.   The remarks were made by Malawian Foreign Minister Eisenhower Nduwa Saxon Mkaka during a video conference meeting with his Moroccan peer Nasser Bourita.   According to a […]

Africa Headlines International Morocco

More countries join their voice to Morocco against separatism in Africa

The Malawi is the latest African country that reiterated its steady support for Morocco’s unity and territorial integrity. The position was reaffirmed by Malawi’s foreign minister Eisenhower Nduwa Mkaka in statement to the Press after talks with Morocco’s foreign minister Nasser Bourita. The Malawi foreign minister said his country backs a solution to the Sahara […]

Algeria Headlines Morocco

UN unveils another fake news circulated by Algerian APS

The UN has denied as false reports by Algeria’s state-run news agency Algerie Presse Service (APS) that Morocco “failed” to become a member of the United Nations Human Rights Council (UNHRC). The strongly-worded denial inflicted another blow to the official news outlet, known for circulating “fake news” on sensitive topics. In its report, APS claimed […]