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Senegal abandons Akon’s futuristic city project
The Senegalese government has officially ditched a land deal with American-Senegalese singer Akon, effectively halting his ambitious plan to build a futuristic, cryptocurrency-powered city dubbed “Akon City.” The project, first announced in 2018, promised a $6 billion “real-life Wakanda”, a high-tech utopia powered by renewable energy and using Akon’s own digital currency, AKoin. The city […]
IFC to help Crédit du Maroc Bank facilitate development of SMEs, women’s entrepreneurship, green projects
The International Finance Corporation (IFC) will help Crédit du Maroc Bank facilitate the development of small and medium-sized enterprises (SMEs), women’s entrepreneurship, and green projects with a $100 million financing package. This agreement is in line with IFC’s strategy in Morocco, which aims to support private sector-led economic growth and job creation by promoting the […]
Moroccan King’s strategic initiatives for developing countries highlighted at MICs conference in Manila
The strategic initiatives spearheaded by King Mohammed VI in favor of developing countries were highlighted at the ministerial conference of middle-income countries (MICs) held in Manila, Philippines, April 28 – 29. During the conference, marked by the official handover of the MICs Group chairmanship from Morocco to the Philippines, Morocco’s Permanent Representative to the United […]



