Africa Business Emerging Markets Features Headlines International

Trump’s Africa pivot: trade over aid as U.S. unveils commercial diplomacy strategy

The Trump administration has launched a bold new strategy to reshape U.S.-Africa relations, shifting focus from aid to aggressive commercial engagement. Announced in Abidjan on 14 May, the U.S. Commercial Diplomacy Strategy repositions diplomacy to prioritize trade, private investment, and strategic deal-making, aiming to counter China’s dominant economic presence across the continent. “From Washington we […]

Business Egypt Emerging Markets Features Headlines

Egypt mulls plans to establish three new free Zones

Egypt is considering building three new Free Zones, Prime Minister Mostafa Madbouly announced Sunday to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). The future Zones, Madbouly’s office indicated in a statement, will be Alexandria, the 10th of Ramadan, and the 6th of October cities. The office also indicated that […]

Business Finance Headlines Morocco

Private investment, Morocco’s way forward to bolster growth

Over the past two decades, investment in Morocco amounted to 30% of GDP annually, in an effort led by the state. This model has hit its limits as Morocco aspires to see the private sector playing a leading role in promoting investments and bolstering growth. The adoption of the investment charter last year aims to […]