World bank Morocco

Tokyo urges Japanese private sector to invest — and beat China — in Africa

Japan, which lags behind other major economies when it comes to investment in Africa, has been increasingly concerned that the pandemic has weakened African economies and worsened their dependence on Chinese investment and aid. US investment in Africa is seven times larger than that of Japan, that of the UK and France is more than […]

Morocco sets 2040 coal phase-out target, accelerates renewable energy projects

Morocco has pledged to phase out coal-fired power generation by 2040, conditional on international support, or in the 2040s unconditionally, marking its first official coal exit timeline. The commitment, outlined in the country’s updated Nationally Determined Contribution (NDC), follows Morocco’s 2023 decision to join the Powering Past Coal Alliance (PPCA) and signals a major shift […]

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 […]