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Africa’s venture-capital market shrunk by whooping 40% in 2023, as startups struggle

The African venture-capital (VC) market witnessed a 40% drop in funding from the previous year in the first six months of 2023, reflecting cautious investor sentiment and sparking concerns for startups’ future. In the first half of 2023, a mere 263 VC deals were executed, collectively accounting for $2.1 billion, which represents a 40% decline […]

Gitex Africa opens in Marrakech with participation of 1400 exhibitors

Gitex Africa, the continent’s largest technology festival, opened in Marrakech Monday with the attendance of 1400 exhibitors and 45,000 participants from 130 countries. Through the third edition of this event Morocco strengthens its foothold as a hub for technological innovation in Africa. Different stands explore the latest innovation technologies and artificial intelligence as well as […]

Morocco: Prominent Journalist Arrested over Sexual Assaults Complaints

The Moroccan police arrested Taoufiq Bouachrine, a prominent columnist and editor in chief of Akhbar Al Yaoum, one of the leading papers in the country, following complaints of sexual assaults filed against him. Local media said that 20 plain-clothed policemen raided the office of Akhbar Al Yaoum in Casablanca and arrested Bouachrine. The Arabic-language newspaper […]