Senegalese presidential plane Pointe Sarène

IFC to support Morocco’s major development, investment reforms

The International Finance Corporation (IFC) intends to support the Moroccan government in its multiple reforms to ensure post-Covid economic recovery and plans to invest $300 million for fiscal year 2021. In this vein, the IFC and the Ministry of Economy and Finance signed Wednesday Wednesday a memorandum of understanding to strengthen their partnership and stimulate […]

Congo halts cobalt exports following glut

The Democratic Republic of the Congo said it will stop exporting cobalt for four months amid an oversupply in the global market. Since the beginning of the year, cobalt oversupply sent prices down by approximately 11.32%. DRC is the world’s largest cobalt producer with some two thirds of global reserves. Cobalt is a rare metal […]

Football: Will Morocco Join Spain-Portugal’s 2030 World Cup Bid ?

Morocco’s historic performance in FIFA World Cup 2022 has lifted the country’s global football status and enhanced its chances of joining the bid of Spain and Portugal to host the 2030 World Cup finals. Morocco’s Atlas Lions gained worldwide praise and respect in Qatar’s World cup tournament after eliminating Spain and then Portugal in knockout […]