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Foreign investments in Africa decline 3% in 2023- UNCTAD
Foreign investment flows to Africa dropped by 3% in 2023 to $53 billion, despite an increase in investments in green energy projects, the UN Conference on Trade and Development (UNCTAD) said. While Egypt and South Africa drove the overall investment trend in the continent, countries such as Morocco and Mauritania are expected to benefit from […]
After FIFA, the World Bank sets up regional HQ in Morocco
Rabat, Morocco’s capital city, will host the new regional headquarters of the World Bank, according to local press report. The move strengthens the Kingdom’s economic attractiveness and position as a gateway to African markets. Morocco has gained the trust of the World football governing body for hosting FIFA Africa Office. The World bank followed suit, […]
US to ponder ‘next way forward’ on Sudan, as generals choose fighting over talks
The United States is increasingly frustrated that Sudan’s warring factions are not taking advantage of talks initiated by Washington and Riyadh aiming to reach a permanent ceasefire as they originally agreed, according to US State Department sources. Therefore, U.S . will decide in the coming days with its partners how to proceed on mediation, a […]



