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China’s billion-dollar promise: fueling Africa’s growth

China has unveiled an ambitious plan to strengthen its partnership with Africa, pledging $51 billion in fresh financing and promising to create at least one million jobs. President Xi Jinping announced this initiative at a major China-Africa cooperation summit in Beijing, attended by delegates from over 50 African nations. The comprehensive package includes support for […]

Morocco’s Foreign Investment Surges 63% in First Quarter of 2025

Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]

Dublin to open embassy in Rabat to bolster cooperation ties with Morocco

The imminent opening of an embassy of Ireland in Morocco was at the center of talks held Tuesday remotely between Moroccan Foreign Minister Nasser Bourita and his Irish peer Simon Coveney. Ireland, a non-permanent member of the Security Council, is “one of the few member countries of the European Union not present in North Africa, […]