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Category: Business
Mauritania, IsDB ink 2024-2026 support strategy framework agreement
Mauritania and the Islamic Development Bank (IsDB) signed Monday October 23 a new support strategy framework agreement under which the Saudi Arabia-based institution will provide ... Read More
GYPTO Pharma to manufacture drugs in KSA under $129m deal
Egyptian holding company GYPTO pharma and several other local companies signed Monday $129.44 million worth of contracts with Saudi Arabian Med City Pharma company to ... Read More
King Felipe VI highlights importance of Spain-Morocco relations
King Felipe VI of Spain highlighted, Monday in Bilbao, the importance of his country’s relations with Morocco and underlined that Morocco has "economic sectors with ... Read More
Morocco: Government to raise its budget by 6.3% in 2024
The Moroccan government has increased its general budget by 6.3% to about 62 billion dollars to meet increasing spending on social safety nets, earthquake reconstruction, ... Read More
Guinea: 34 financial officials banned from traveling amid funds embezzlement probe
As many as 34 people dealing with funds in several State entities, including the office of the President, have been banned from leaving the country ... Read More
Morocco, top outperforming FDI destination in 2023
Morocco was the top outperforming destination of the Greenfield Foreign Direct Investments (FDI) in 2023, as it attracted worldwide commitments totaling $34 billion worth of ... Read More
Critical Minerals Africa Summit 2023 explored continent’s role in global mineral supply chains
The Critical Minerals Africa 2023 summit was held in Cape Town this week (17-19 October), with a high-level ministerial panel addressing the future of African ... Read More
China’s BRI to continue bringing rails, roads and debt to Africa, though at slower pace — experts
As world leaders gathered in Beijing for China’s Belt and Road Initiative (BRI) forum this week, analysts see China as making a renewed focus of ... Read More
FDI Intelligence sheds light on Morocco’s automotive success story
Morocco’s automotive exports reached $8.8 billion between January and August this year, a jump of 35.6% year on year, says “FDI Intelligence” in its latest ... Read More
Morocco to build $500 mln stadium near Casablanca ahead of World Cup
Morocco is preparing to host the 2025 African Cup of Nations and the 2030 World Cup by building a new stadium worth 500 million dollars ... Read More