Business Emerging Markets Features Headlines

AGOA’s Sunset Sparks Rethink of U.S.–Africa Trade Future

As the African Growth and Opportunity Act (AGOA) quietly expired on 30 September, uncertainty looms over U.S.–Africa trade ties, though business leaders and policy experts insist this is “no cliff edge,” as African Report calls it — but a wake-up call. At the recent Global Africa Summit in Washington, D.C., U.S. trade advisors said African […]

Americas Features Headlines International

USAID shutters after 63 years, leaving Africa at a crossroads

In a landmark shift in U.S. foreign policy, the U.S. Agency for International Development (USAID) officially closed its doors on Tuesday (1 July), with all operations absorbed by the State Department. The decision, driven by President Trump’s executive order and enacted by Secretary of State Marco Rubio, marks the end of a 63-year institution central […]

Americas Business Finance Headlines International

African nations, health workers hit hard by Trump’s USAID programs’ suspension

The sudden halt in USAID funding by US president Donald Trump has sparked a growing crisis for non-governmental organizations (NGOs) and healthcare workers across Africa, who are now scrambling to cope with the financial and logistical fallout. The US Agency for International Development (USAID) last week announced the suspension of its programs in several African […]

Africa Americas Finance Headlines International

USAID, AfDB partner to promote social, economic development in Sahel

The US Agency for International Development aid (USAID) and the African Development Bank (AFDB) signed a $600 million deal to promote social and economic development projects in the Sahel. The co-financing agreement will be used to support good governance, resilient agriculture, private sector development, water security, sanitation, and health systems. The agreement “reflects a joint […]

Africa Americas Business Emerging Markets Headlines International Morocco

Morocco’s OCP, USAID to work together on Africa’s agricultural development

Morocco’s phosphates and fertilizers giant OCP signed a deal with USAID to work on joint projects focusing on African agricultural development. The agreement was signed during a visit to University Mohammed VI Polytechnic by Samantha Power, USAID Administrator. Under the deal, the two parties will work on a project dubbed “Space to Place” that will […]

Americas Community Emerging Markets Finance Headlines International Morocco

U.S. supports Morocco’s cooperative resilience efforts to mitigate climate change

USAID chief Samantha Power has announced the launch of a new initiative destined to help Moroccan vulnerable cooperatives and entrepreneurs in rural areas adapt to climate change, grow their economic activities, and build resilience to climate shocks and water scarcity. The announcement of the new Cooperative Resilience Program was made by Smantha at the Mohammed […]

Africa Headlines International

UN raises $630mil, short of target $1bn, to tackle Ethiopia’s dire humanitarian crisis

A United Nations-led donor event held in its headquarters in Geneva on Tuesday (16 April) managed to secure financial pledges only for about two-thirds of the $1 billion it was seeking to raise to assist millions of Ethiopians affected by conflict, drought and floods. The donor conference raised about $630 million, thus falling short of […]

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Southern Africa hit by extreme drought, leaving some 20 millions facing hunger

The unprecedented drought that has enveloped large parts of southern Africa since late last year has impacted more than 6 million people in Zambia, 3 million of them children, nearly half of Malawi’s population and 30% of Zambia’s, United Nations Children’s Fund (UNICEF) has warned. The drought in Zimbabwe, Zambia and Malawi has now reached […]

Americas Emerging Markets Finance Headlines International Morocco

U.S. supports Morocco’s post earthquake recovery with over $12 Mln funding

The U.S. Agency for International Development (USAID) has announced $12.6 million funding in support for Morocco’s post-earthquake recovery efforts. After the deadly Al Haouz earthquake of Sept.8, Morocco, under the leadership of King Mohammed VI, set out an ambitious five-year plan for “integrated reconstruction and general upgrading of the affected regions” that focuses on a […]

Americas Finance Headlines International Morocco

Earthquake: USAID lauds Morocco’s response, acts of generosity & pledges $1 Mln initial humanitarian aid

The U.S. Agency for International Development (USAID) has praised Morocco’s leadership of the humanitarian response to the devastating earthquake that hit the country on Sept.08. The Agency Administrator Samantha Power has voiced her country’s commitment to support the Government of Morocco’s recovery efforts, as the North African Kingdom’s works to provide immediate, life-saving humanitarian assistance […]