Algerian Generals

AfDB invests $11m in Luxemburg-based BluePeak Private Capital Fund for SME in Africa

The African Development Bank, AfDB, has made equity investment worth $11 million in Luxemburg-based BluePeak Private Capital Fund to support mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa. The Abidjan-based bank in a statement said BluePeak – a flagship private capital fund – will provide growth capital to middle-sized companies […]

Morocco, ‘Major Economic Force in Sub-Saharan Africa’- UN Magazine

Africa Renewal, a magazine issued by the Africa Section of the UN department of public information, published an article detailing how Morocco gradually established itself as a major economic force in sub-Saharan Africa. “Slowly and steadily, Morocco has been establishing itself as a major economic force in sub-Saharan Africa, even as it eyes gaining readmission […]

Morocco emerges as biggest EU wheat importer

Morocco has imported more soft wheat from the EU following a drought that compromised the country’s harvest last year. The North African country is planning an additional purchase of 1.5 million tons in the March-May period, Reuters reported. Revived black sea competition have helped push down prices although these remain still higher compared to the […]