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African economies to remain resilient despite financial headwinds — AfDB report

Despite the tightening global financial conditions, African economies are expected to remain resilient with a stable outlook in 2023-2024, according to a report by the African Development Bank (AfDB) that however urges bold policy actions to mobilize and leverage private financing for development in the continent. Africa’s average GDP growth is projected to stabilize at […]

Around 40 pc of Morocco’s Citrus Output Exported to EU

Around 40 pc of Morocco’s citrus production are exported to the EU, Morocco’s major trade partner, with 30-35 pc going to Russia and a further 15-17 pc to North America, while the local market absorbs 70 pc of the output. The Moroccan citrus industry is expected to produce 2.4 million metric tons (MT) during the […]

Nollywood: Nigeria’s ambitious $100m film city project launched in Lagos

Lagos State Governor on Wednesday (18 October) initiated the commencement of an ambitious $100 million Lagos Film City project, which aspires to transform the landscape of Nigeria’s entertainment industry. Presiding over the groundbreaking ceremony for the Film City, Governor Babajide Sanwo-Olu said the proposed project would amplify the voices of the country’s diverse communities and […]