Category: Business

Benin scraps visa requirements for Chinese tourists, investors

September 4, 2023

Benin’s President Patrice Talon has abolished entry visa for Chinese investors and tourists wishing to visit the West African country, his office has announced on ... Read More

Dutch company N-Sea contributes to Nigeria-Morocco gas pipeline development with survey operations

September 4, 2023

N-Sea, a Netherlands-based underwater solutions provider, is contributing to the development of the Nigeria-Morocco Gas Pipeline (NMGP) project through survey operations. The company has collaborated ... Read More

Morocco’s trade deficit narrows on lower energy imports

September 4, 2023

Morocco’s trade deficit shrank 6.5% as the country’s energy imports dropped 20%, Morocco’s foreign exchange office said. Energy imports stood at 69 billion dirhams, offsetting ... Read More

Algerian diplomacy on damage control mission after BRICS debacle

September 2, 2023

Algeria’s foreign minister Ahmed Attaf is on a damage control mission after BRICS rejected his country’s bid, exposing the false promises of President Tebboune who ... Read More

Morocco’s Abdellatif Jouahri among World’s Best Central Bank Governors

September 2, 2023

Abdellatif Jouahri, the governor of Bank Al-Maghrib, is among the best Central Bank Governors in the world, according to the latest ranking issued by US ... Read More

Morocco’s OCP revenue down 33% in 2023 first half

September 1, 2023

Morocco’s phosphates and fertilizers producer, OCP, said its revenue in the first six months this year dropped 33% to $3.76 bln due to lower prices. ... Read More

Africa’s recovery and future will take center stage at IMF-WB meeting in Marrakech

September 1, 2023

There will be "a very strong focus on the African continent” during the annual meeting of the World Bank Group (WB) and the International Monetary ... Read More

East Africa’s weakening currencies don’t improve trade balances, defying economic theories

September 1, 2023

The depreciation of all domestic currencies in the East African region over the past year has not led — in a defiance of conventional economic ... Read More

Climate Technologies: U.S. Dalrada Corp. sets up subsidiary in Morocco

August 31, 2023

U.S. Dalrada Financial Corporation, a leader in climate technology, clean energy, and precision manufacturing, has announced the setting up of a subsidiary in the Moroccan ... Read More

Samsung gets golden license to set mobile phone factory in Egypt

August 31, 2023

Egypt Wednesday August 30 accorded South Korean tech giant Samsung a golden license to set up a mobile phone plant to produce, after the North ... Read More