Morocco finalized an equity investment deal worth €10 billion with the Development Bank of Central African States, a move that further strengthens Morocco’s financial footprint on the continent. The deal was signed in Rabat this week by Morocco’s economy Minister Mohamed Boussaid and the vice president of the Development Bank of Central African States Zounguere […]
The implementation of the African Continental Free Trade Area (AfCFTA) is likely to increase the volume of intra-African trade from the current 16% to over 40% by 2045. However, to reach this goal, African countries should promote the free movement of people across their borders to boost intra-African trade, says Stephen Karingi, director at the […]
The recent $14 bln deal between Morocco’s water and electricity provider ONEE and a consortium comprising TAQA Morocco and Nareva, provides for setting up desalination plants across Morocco, in response to the country’s strategy to reduce reliance on dams and groundwater in a context of drought. Under this deal, Morocco will add 900 million cubic […]
