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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 […]

Nigeria’s oil production hampered by theft

Nigeria is reinforcing security to tackle oil theft and the vandalism targeting its onshore pipeline and oil fields, but the issue is still far from being resolved. In April, Nigeria recruited 1,486 personnel to boost internal security operations in the country’s crude production heartland, according to local media sources. Nigeria is Africa’s largest oil producer […]

Morocco-Kenya: Laayoune Dakhla regions sign partnership deal with Mandera County, signaling rapprochement between the two countries

Moroccan Saharan regions of Dakhla-Oued Eddahab and Laayoune-Sakia El Hamra signed on Thursday in Laayoune a partnership agreement with Kenya’s Mandera County Government, a move aimed at strengthening South-South cooperation and consolidating further Morocco’s relations with African countries. The agreement was inked by President of Laayoune-Sakia El Hamra Regional Council, Sidi Hamdi Ould Errachid, and […]