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Tag: Development
Increasing mobile internet usage could add $795 billion to Africa’s GDP
Africa’s digital transformation is well underway, with mobile internet emerging as a significant catalyst for economic growth. A report by ‘The Economist Intelligence Unit’ estimates ... Read More
New ‘independent’ Africa credit rating agency on track to launch in 2025
A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on ... Read More
Africa — its resources and migration — takes centre stage at G7 summit in Italy
Italian Prime Minister Giorgia Meloni, whose Africa development plan has drawn criticism, has elevated the continent as a central theme and top priority at this ... Read More
Oracle Expands R&D Activities in Morocco to Engineer AI Solutions for Global Market
U.S. computer company Oracle has announced plans to further strengthen its research and development (R&D) capabilities in Morocco by growing its local workforce to 1,000 ... Read More
Global Gateway: EU holds its rank as top provider of ‘aid for trade’ in Africa and globally
The European Union remains the world’s biggest contributor of 'Aid for Trade', committing over €18 billion in 2021, with Africa being the largest recipient of ... Read More
France greenlights public funding for private projects in Morocco’s Sahara
France has allowed its development agencies to fund projects in the Moroccan Sahara, a move that implies a recognition of Moroccan sovereignty over the territory, ... Read More
MEPs accuse EU executive of ‘bankrolling dictators’, claiming Tunisia’s president pocketed EU aid
Senior members of the European Parliament (MEPs) have accused the EU executive of “bankrolling dictators”, claiming that the €150 million it gave to Tunisia last ... Read More
Middle-Income Countries Can Be New Drivers of Regional and International Development
Morocco has called on the Middle-Income Countries to build on their assets in order to be the new drivers of regional and international development in ... Read More
Germany to expand its engagement in Sahel despite Europe’s failed security strategy
Politicians and experts in Germany have called on the European country to continue its involvement in Africa’s Sahel region even after the 2020s did not ... Read More
Guinea: Rio Tinto set to launch $20bn ‘world’s biggest mining project’ after 27-year delay
Anglo-Australian mining giant Rio Tinto is poised to commence a "world’s biggest” $20 billion mining project in the Republic of Guinea this year, following a ... Read More