Economy
Two months after the outbreak of war in Iran, a global energy shock is forcing millions of households in Africa and South Asia to abandon cleaner cooking fuels and return to charcoal and firewood. The surge in fuel prices has disrupted access to liquefied petroleum gas and other modern energy sources,......
Royal Air Maroc is preparing a major expansion of its international network in 2026 as part of its strategy to position Casablanca as a global aviation hub and reinforce Morocco’s role as a crossroads between continents. Starting next year, the national carrier will introduce a new wave of direct......
Freeport-McMoRan has confirmed the deaths of all seven workers who went missing following a catastrophic mudflow at its Grasberg copper and gold mine in Indonesia. The discovery of the remaining five bodies on October 5 marked the end of a nearly month-long search and rescue mission that followed the......
A whirlwind tour of Africa by Sheikh Mansour bin Jabr bin Jassim Al Thani has drawn global attention due to the unprecedented scale of his financial commitments. The Qatari sheikh, a member of Qatar’s ruling family, has announced over $100 billion in investment promises across six African nations,......
During the USA-Africa Business Summit held in Luanda, United States officials reiterated their strong commitment to the Lobito Corridor project. This major railway link connects the port of Lobito in Angola to the Katanga province in the Democratic Republic of Congo and Zambia’s Copperbelt region. Troy......
Morocco remains steadfast in its support for the African Continental Free Trade Area (AfCFTA), reaffirmed by Minister of Industry and Trade, Ryad Mezzour, during the 57th session of the Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development......
Morocco is emerging as a prominent destination for mining investments, securing the fourth position among African nations. This achievement positions Morocco ahead of countries like the Democratic Republic of Congo and Zambia, showcasing its growing attractiveness in the sector. Several factors contribute......
Africa’s automotive industry is poised for transformation as Morocco, the Democratic Republic of Congo (DRC), and Zambia collaborate on a pioneering electric mobility initiative. This regional effort, aimed at developing a robust electric vehicle (EV) value chain, was launched in Lusaka, Zambia,......
The Lobito Corridor is a large-scale infrastructure project that aims to connect Angola's Atlantic Ocean coast to the mining regions of the Democratic Republic of Congo (DRC) and Zambia. This project, which has garnered significant attention, is being promoted by US President Joe Biden during his......
In a strategic move to bolster regional economic integration and sustainable development, the G7 nations have set their sights on revitalizing a critical trade corridor that traverses three mineral-rich African countries. The Lobito Corridor, a multimodal transportation network spanning Angola, the Democratic......
