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Morocco’s Banks Invested over $1.8 Bln in African Countries
Moroccan banks have invested more than $1.8 billion in 25 African countries between 2007-2017, says a report released by the Moroccan ministry of economy & finance. These investments represent 52.2 pc of total Moroccan funds injected in Africa. Over 16.4 pc of the Moroccan investments were made in the telecom sector, 12.3 pc in industry […]
African Union pushes for acceleration of electrification in the continent
Africa needs to accelerate the financing for energy access in the continent with clear targets and steps for ensuring the achievement of universal energy access by 2030 — this appeal was made during a recent presidential roundtable on the side-lines of the 36th AU Summit. The event which was organized by the AU Commission (AUC) […]
Libya: Oil fields closed and exports suspended by Eastern Authorities
Authorities in Eastern Libya announced on Monday, August 26, 2024, the closure of all oil fields and terminals and halted exports indefinitely amid a severe political crisis with the UN-recognized government in Tripoli. This move comes in response to Tripoli’s takeover of the Central Bank and the replacement of its governor, Al Siddik al Kabir, […]



