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US-Zambia inaugural business summit to boost trade, investment
Zambia is hosting a two-day business summit in Lusaka this week to try to attract American investors to the country, in effort to diversify the economy and decrease dependence on extractive industries such as copper, according to Zambian officials. Moving away from dependence on extractive industries, which account for most of the country’s exports, is […]
Africa gets 85% of Morocco’s Foreign Direct Investments, AfDB
The African Development Bank (AfDB) commended Morocco’s commitment to economic development in Africa, saying that the Kingdom gears 85% of its foreign direct investments to the continent. In a statement issued following the visit of the AfDB President Akinwumi Adesina to Morocco last week, the Bank described the Kingdom as “one of AfDB’s best performing […]
MENA Region: Economies expected to grow by 5.5% in 2022 – World Bank
The economies of the Middle East and North Africa (MENA) region are expected to grow by 5.5% this year —the fastest rate since 2016—followed by a slowing of growth to 3.5% in 2023, the World Bank says. Yet this growth is uneven across the region, as countries, still struggling to overcome the lasting effects of […]



