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Category: Business
Morocco should build on its strategic metals to achieve industrial sovereignty
Rich in phosphates and cobalt deposits, Morocco is poised to attract investments in the fields of electric batteries and environment-friendly vehicles as it pushes to ... Read More
IMF $3bn bailout package for Ghana defies Akufo-Addo’s ‘Ghana beyond aid’ policy
Ghana, formerly praised for its stability and good governance, is finally getting some breathing room after Ghanian officials announced last week (18 May) that the ... Read More
Tanger Med Port, world’s 4th best performing container port- WB ranking
The World Bank issued its ranking of the globe’s best performing container ports, giving the fourth place to Tanger Med, which has outperformed African and ... Read More
DRC leader’s upcoming visit to China to pave way for signing of key trade, mineral deals
President of the Democratic Republic of the Congo (DRC), Felix Tshisekedi, will pay a state visit to China from 24-29 May where he is expected ... Read More
Sweden’s SKF Invests $4.9 Mln in Factory in Morocco
SKF, the world's biggest bearings maker, announced on Monday a $4.9 million investment earmarked for building a manufacturing site in Tangier in Morocco. The Swedish ... Read More
AfDB loans partial credit worth $345 million for green, social projects
The African Development Bank Group, AfDB, has greenlighted a partial credit guarantee of $345 million to Egypt for the financing of green and social projects, ... Read More
G7 Summit 2023: Africa demands seat at global table as nations eye its resources
As the leaders of the Group of Seven (G7) wealthy democracies converge for a summit in Japan, winds of change are blowing for Africa, which ... Read More
Nigeria should stop depending on oil, gas revenues — WTO chief
The World Trade Organization chief has urged Nigeria to see alternative revenue sources as the oil and gas industry becomes less lucrative. Speaking during a ... Read More
Morocco: King chairs ministerial council, approves appointments in senior positions
King Mohammed VI chaired a ministerial council focusing on the farm output and decrees relating to defense as well as the approval of nominations to ... Read More
Egypt’s central bank hires Barclays Bank to advise on sale of stakes in United Bank
The Central Bank of Egypt (CBE) has handpicked Barclays Bank as an international sell-side advisor for the sale of its 99% stake in the state-owned ... Read More