Morocco approves investment projects worth $2.4 bln despite Covid-19

Investors have shown eagerness to carry out their projects in Morocco despite Covid-19 with 45 projects approved by the government worth $2.4 billion. The sectors of energy infrastructure and telecommunications took 65% of all investment, followed by industry and retail with 16% and tourism with 11%, head of Morocco’s investment promotion agency Hicham Boudraa said. […]

UAE, other Arab countries oppose appointment of former Algerian top diplomat as UN envoy to Libya

The United Arab Emirates expressed its opposition to UN Secretary-General Antonio Guterres’s decision to appoint former Algerian Foreign Minister Sabri Boukadoum as UN envoy to Libya, Libya Observer reports, citing diplomatic sources. The Gulf country told the Security Council that some Arab countries and Libyan parties reject Boukadoum’s nomination. Guterres last week proposed Boukadoum to […]

Morocco’s AFCON 2025 becomes CAF’s biggest commercial win

Morocco’s hosting of the 2025 Africa Cup of Nations is setting a new commercial benchmark for African football, with the Confederation of African Football calling it the most lucrative edition in the tournament’s history. CAF said in a statement it has secured 23 sponsors for the event, more than double the nine partners it landed […]