PSA car factory Kenitra

UN, AU welcome signing of grain deal in Turkey

The United Nations and the African Union (AU) have welcomed the signing in Turkey of an agreement on the export of Ukrainian grain via the Black Sea, describing it as “successful development” for the continent which faces an increased risk of famine. Russian and Ukrainian officials have signed a UN-backed deal aimed at allowing grain […]

Angola: new Cabinda oil refinery secures funding led by Gemcorp, AFC, Afreximbank

Gemcorp Holdings Ltd. (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of Cabinda Oil Refinery in Angola with a US$335-million project financing facility. The announcement comes as the project spearheaded by Gemcorp, a UK-based asset management company, to build a refinery in Angola has been well behind schedule, […]

EIB Head Expected in Morocco on June 29 for an Official Visit

President of the European Investment Bank (EIB) Group, Nadia Calviño, will pay an official visit to Morocco from June 29 to July 1, 2026, as part of efforts to strengthen the strategic partnership between the European financial institution and the Kingdom. During the visit, Calviño will hold talks with several members of the Moroccan cabinet […]