CAF / COMEX: Unanimous decision leads Morocco to win AFCON 2025 bid

This Wednsday September 27, the verdict is in! The executive committee of the Confederation of African Football (CAF) voted unanimously for Morocco. The Kingdom will therefore organize the next African Cup of Nations (CAN 2025) for the second time in its history. The long-awaited meeting of the CAF Executive Committee took place in Cairo. The […]

Egypt: OCI’s Amsterdam relocation gets green light

Egypt’s Orascom Construction Industries (OCI) said shareholders had approved its offer to acquire its ordinary shares listed in Cairo in exchange for cash or OCI shares listed in Amsterdam. Shortly after the report, the company’s shares rose 1.7% to 267.86 Egyptian pounds at the close in the capital, the strongest since January 22nd. The stock […]

Brain drain: Africa to lose skilled workforce due to Germany’s new migration policy

Germany’s plan to establish migrant centers in five African countries to offer a select category of Africans the possibility of settling on its soil is likely to encourage brain drain, which will occur due to the exit of skilled people from the continent, experts have warned. The new fast-track procedure proposed for skilled labor essentially […]