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AfDB supports modernization of Morocco’s railways with €300 million

The African Development Bank (AfDB) has earmarked €300 million for the Moroccan Railways Office (ONCF), that financed the project meant to increase the capacity of the Tangier-Marrakech railways axis, said the AfDB in a press release. Thanks to this financing coupled with technical assistance, the AfDB supports the modernization of the railways sector in Morocco […]

Africa needs $15bn to increase local manufacturing of mineral fertilizers to boost self-reliance — AU

The Africa Fertilizer and Soil Health summit held in Kenya’s capital Nairobi has recently closed with a 10-year action plan, as the African Union (AU) has said a $15 billion private sector investment is needed to increase manufacturing of mineral fertilizers in Africa. The Africa Fertilizer and Soil Health summit that took place last week […]

Morocco’s ECOWAS Membership, “Win-Win” Deal (German-African Business Association

Morocco’s integration into the Economic Community of West African States is a “win-win” deal, says CEO of the German-African Business Association, Christoph Kannengieber. “ECOWAS will not be weakened by an economically strong country such as Morocco, and as an ECOWAS member, Morocco would be better able to fulfill its desired role as a bridge between […]