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Africa has imported $ 65.8 billion food in 2016 – Report

The African continent spent about $ 65.8 billion on food imports in 2016, a report released by Trade Law Center for Southern Africa (TRALAC) said. According to the report, trade data over the review period 2012-2016 reveal that on average Africa’s food trade deficit was around US$30 billion annually. It noted that from a high […]

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Africa must be allowed to play its role in tackling global challenges, Moroccan FM

Morocco has once again called for giving Africa the role it deserves in international affairs, stressing the critical need to allow the continent play its rightful role in tackling global challenges. Morocco is convinced that Africa can no longer be seen as a burden on the global community – the continent must play its role […]

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BCEAO projects WAEMU economy to grow 6.9% in 2017

The growth rate of the West African Economic and Monetary Union (WAEMU, or UEMOA as it is known by its French acronym) is expected to reach 6.9%, while at the continental level, the growth rate will stand at around 3%, according to the forecasts of the Monetary Policy Committee of the Central Bank of West […]

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ECOWAS Membership to Enable Morocco to Act as bridge between Europe & Africa- German Economist

As a member of the Economic Community of West African States (ECOWAS), Morocco would be better able to fulfill its desired role as a bridge between Africa and Europe, said Christoph Kannengießer, the chief executive officer of the German-African Business Association. The German expert told DW that Morocco’s bid to join the ECOWAS is a […]

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King Mohammed VI: Morocco’s Reintegration into AU, Watershed in Kingdom’s Foreign Policy

King Mohammed VI described Morocco’s reintegration into the African Union as a diplomatic breakthrough and a watershed in the North African Kingdom’s foreign policy. In a speech he addressed to the Nation Sunday, on the occasion of the 64th anniversary of the Revolution of the King and People, the Moroccan Sovereign said his country’s commitment […]

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Africa-US AGOA forum ends in Lomé with no change to the deal

African Growth and Opportunity Act (AGOA) free trade deal forum ended in Togo’s Capital Lomé on Thursday with no significant change to the deal. The annual forum, which is a platform for promoting stronger economic ties between the United States and qualifying sub-Saharan African countries that receive enhanced US market access under AGOA, ended with […]

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Africa’s population projected to reach 4.5 billion in 2100 – UN

Africa’s population is expected to reach 4.5 billion in 2100, 40% of humanity, compared to 1.3 billion (17% of the world’s population) in 2017, the UN Department of Economic and Social Affairs said in a new report, highlighting that nearly 1 billion will live in Nigeria alone. The continent will then have almost reached Asia, […]

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African fruit growers organizing to better access EU markets

A new pan-African fruit industry association, Afruibana, gathering fruit producers and exporters from Cameroon, Côte d’Ivoire and Ghana, was officially launched this week in Brussels. Open to African fruit and vegetable farmers, the new platform seeks to put in place strategies to improve the sector’s competitiveness and increase the access of African products to the […]

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AfDB, IsDB to Inject $2 billion in Africa

The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have agreed to jointly pull together the sum of $2 billion over the next three years to finance development projects in Africa, mainly in agriculture and food security, renewable energy, small and medium enterprises, and human development (health and education). To realize their shared […]

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Kenya to introduce new generic AIDS drug as fist country in Africa

Kenya is the first African country to start using a generic version of the latest AIDS drug that can improve and prolong the lives of people living with HIV, Kenya’s government and the global health initiative UNITAID on Wednesday announced. The East African nation will make the generic version of the new first-line drug, known […]

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