Moroccan industrial unit

Africa’s palm oil sector to see prices falling in 2023 as output rises

Although palm oil production has been linked to environmental damage and human rights abuses, it remains an important industry providing jobs and contributing to economic growth in several countries in Africa. The global palm oil market size reached US$53.1bn in 2022 and looking forward, the market is expected to reach US$67.6bn by 2028, exhibiting a […]

Moroccan Scientists Invent Efficient Wastewater Filter

A team of Moroccan researchers have designed an efficient filter system for the treatment of rural wastewater. The system uses layers of soil and gravel which clean domestic waste water, make it suitable for agriculture irrigation. The multi-soil-layering (MSL) system was successfully tested by scientists of Morocco’s Cadi Ayyad University. The results of the tests […]

Angola’s first successful IPO may pave way for privatization of conglomerates

In a major development in Africa’s capital markets, Angola has launched its first initial public offering (IPO), which could lead to a slew of privatizations of some of the country’s biggest conglomerates. In June, Banco BAI, Angola’s largest private bank, floated a 10% stake following the country’s first initial public offering (IPO), viewed by observers […]