textile factories open in Tangier May 2019

Morocco advance to quarter-finals of U20 Africa Cup of Nations-2025

Morocco Under-20 football national team sealed top spot in Group B with a commanding win over Tunisia 3-1 on Wednesday and advanced to the quarter-finals of CAF U20 Africa Cup of Nations currently hosted by Egypt. The goals of the young Atlas Lions were scored by Ayman Arguige (44th minute), Ismail Bakhty (86th minute) and […]

IFC plans investment fund to help African film industry grow

The International Finance Corporation (IFC) said it is working with the African Development Bank (AfDB) and Nigeria’s EbonyLife Media to study the feasibility of launching a pan-African investment vehicle targeting the continent’s film sector. The initiative aims to unlock fresh private and institutional capital to help African producers create and distribute stories for global audiences, […]

High cost prompts Senegal to cancel desalination deal with Acwa power

Senegal plans to cancel a 32-year deal with Saudi company Acwa power due to its high cost, Senegalese water minister Cheikh Tidiane Dieye said. The deal, valued at $800 million, was signed by outgoing president Macky Sall in his final days in office. New president Basirou Faye promised to review a set of deals signed […]