Funding destined to infrastructure development in Africa hits $100 billion in 2018, the Infrastructure Consortium for Africa (ICA) has announced. The ...
PSA-FCA merger could bring new automotive investments to Morocco- Industry Minister
A merger between French automaker PSA, which already operates a plant in Kenitra, and Italian FCA could pave the way for the setting up of a FIAT fact...
World Bank commends Morocco’s Doing Business progress, calls for more growth
Despite Morocco’s significant progress on the Doing Business index, much remains to be done for Morocco to move from 2.8% growth expected this year to...
Up to 124 billion dirhams invested in Sahara in 44 years- weekly
When Morocco retrieved the southern provinces from the yoke of Spanish colonialism, Laayoune was a smaller town lacking basic infrastructure and servi...
IsDB & EIB commit $1billion each to co-finance green projects
The Islamic Development Bank (IsDB) and the European Investment Bank pledged to commit $1b each in co-financing green projects, during the 2019 Sukuk ...
Egypt to create 12 investment zones – Minister
Egyptian Minister of Investments and International Cooperation Sahar Nasr has announced a government plan to establish about 12 investment zones in th...
Morocco’s Wafa Assurance acquires 65% of Cameroon insurer Pro Assur
Moroccan insurance company Wafa Assurance said it completed the acquisition of 65% of Cameroon’s Pro Assur, a company created in 2000. The transaction...
Morocco’s RAM could breath sigh of relief as Boeing prepares to lift 373 MAX ban
Morocco’s Royal Air Maroc (RAM) could breath a sigh of relief after Boeing announced that its 737 MAX aircrafts could resume flying again by January. ...
AIF 2019: Morocco highlights its attractiveness in Johannesburg
A strong Moroccan delegation is taking part in the second edition of the Africa Investment Forum, or the African Davos as it is called, to present to ...
Morocco hosts Libya’s first international economic forum
Morocco hosted the first Libyan economic forum where the UN-backed Government of National Accord seeks a bigger role of the private sector and closer ...