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Category: Business
Tunisia warns IMF against red lines as talks for loan continue
Tunisia’s Foreign Minister Nabil Ammar indicated Thursday that the North African country is still in talks with the International Monetary Fund (IMF) for a $1.9-bllion ... Read More
Africa Day 2023: AU promotes AfCFTA, rejects great-power competition in Africa
The African Union (AU) used the celebrations of the 60th anniversary of 'Africa Day' this week to warn the continent not to become a “geo-strategic ... Read More
Industry takes lion’s share in Morocco’s government investment plan for 2023
The Moroccan government has approved 76.7 billion dirhams, or 7.67 billion dollars in investment projects, of which the industrial sector took the largest chunk. The ... Read More
Staff at Cameroon’s branches of Standard Chartered Bank end strike over payment of bonus
Workers at Standard Chartered Bank in Cameroon have ended a several-day strike over the payment of a severance bonus amounting to more than one month’s ... Read More
Nigeria emerges as Africa’s FDI hub of digital technology
Nigeria emerges as Africa's top destination for foreign direct investment (FDI), having reportedly attracted over 30% of the FDI in the continent’s tech ecosystem and ... Read More
Irrevocable rejection of a Polisario request against Morocco-GB Association Agreement confirmed
The London Court of Appeal on Thursday irrevocably rejected the appeal of the pro-separatist NGO ”WSC” against a previous decision of the Administrative Court, rejecting ... Read More
Green Transport: Marrakesh to receive 20 electric buses from South Korea
Korea’s International Cooperation Agency (KOICA) will donate Moroccan city of Marrakesh 20 electric buses worth $7.5 million. These zero emission buses will help improving air ... Read More
Arab world urges Morocco to show the way in automobile industry
The Arab parliament has urged Morocco to make available its experience and know-how in the automobile industry to other Arab countries so the latter can ... Read More
Africa’s FDI in 2023 led by mining, gas sectors, but global headwinds loom
Foreign direct investment (FDI in Africa looks set for a strong 2023 thanks to some lucrative mining and gas projects, but an IMF report warns ... Read More
DRC files new complaint to ICC against M23 rebels, Rwanda’s military
The International Criminal Court (ICC) received a new complaint from the Democratic Republic of the Congo (DRC) on Tuesday (23 May), calling on it to ... Read More