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Category: Business
Africa’s ultra-wealthy population to grow by 65% in next decade but thousands flee their home — report
Africa has seen a rise in its number of billionaires and its millionaire population is set to rise by 65% over the next 10 years, ... Read More
Rabat hosts 33rd FAO Regional Conference for Africa
The 33rd session of the Food and Agriculture Organization’s Regional Conference for Africa (ARC33) kicked off on Thursday in Rabat, under the chairmanship of Head ... Read More
Liberia renews support for Morocco’s territorial integrity, sovereignty over the Sahara
Liberia reaffirmed, on Thursday in Rabat, its support for Morocco's territorial integrity and sovereignty over all its territory, including the Moroccan Sahara. This position was ... Read More
Sahara: Spanish firms interested in investment opportunities in Dakhla-Oued Eddahab Region
Spanish investors have shown great interest in the untapped business opportunities offered in Morocco’s Dakhla-Oued Eddahab region, a gateway to African market, as Madrid and ... Read More
Aeronautics: Big U.S. companies set up in Morocco plant specialized in passenger-to-freighter conversion
American companies Kansas Modification Center (KMC), Stratos Industries, and Integrated Aerospace Alliance (IAA) have chosen Casablanca to install their plant specialized in the conversion of ... Read More
IMF sees Morocco’s economic growth at 3.1% in 2024, 3.3% in 2025
The IMF said Morocco’s economic growth would pick up slightly to 3.1% this year and 3.3% next year, forecasting a return of inflation to pre-pandemic ... Read More
Chinese oil firm loans Niger $400 million
China National Petroleum Corporation (CNPC) agreed to offer a loan of 400 million dollars to the Niger government, which is struggling with the impact of ... Read More
Morocco bolsters its regional air power deterrence
Morocco is set to reinforce its battle-hardened air power capabilities through the acquisition of fighter jets and the upgrade of existing ones as well as ... Read More
Wood Processing, catalyst for Africa’s industrialization – report
More investments in the wood processing industries would be conducive to African industrialization and integration, said the African natural Resources Management and Investment Center. In ... Read More
‘Historical reversal’: World Bank warns of widening gap between poorest and wealthy nations
One-half of the world’s 75 poorest countries — more than half of whom are in Sub-Saharan Africa — are facing a widening income gap with ... Read More