Bourita

UK, Morocco diversify partnership on back of stronger political ties

Morocco and the UK have agreed to strengthen cooperation in various development areas at the end of their strategic dialogue, which wrapped up with the support of the UK for Morocco’s autonomy plan for the Sahara. In a joint statement issued after the dialogue, attended by foreign secretary David Lammy, the two countries signed a […]

Remittance costs in Sub-Saharan Africa remain high despite fintech’s effort to slash fees

Sub-Saharan Africa remains the world’s most expensive region when it comes to transferring remittances, with an average cost of transferring money of 8.37% in the second quarter of 2024, according to the World Bank’s most recent report. This cost remains significantly above the global average, despite the increasing importance of remittances in the region’s economies. […]

Africa should declare state of emergency on energy

In sub-Saharan Africa, where more than 600 million people still lack access to electricity, the continent would need to declare a state of emergency on the energy sector, the Managing Director of Sahara Power Group, Kola Adesina said. According to Mr. Adesina, energy is a critical component of driving economic growth and prosperity. The continent […]