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Nigeria’s Naira, Kenyan Shilling worst hit of Africa’s devaluing currencies in 2023 with no hope in sight
African countries have faced a myriad of challenges in 2023, not the least of which was currency devaluation, with Nigeria’s Naira and Kenyan Shilling experiencing their largest drop in value against the greenback in 24 and 30 years respectively. While Nigeria and Kenya recorded significant growth across numerous industries, there were still instances of socio-economic […]
Automotive: German Prettl invests in a new factory in Tangier
The German group Prettl specializing in the manufacture of auto parts announced earlier this week the construction of a new industrial site in the ”Automotive City” in Tangier, for an €8 million investment. According to data presented during the groundbreaking ceremony for the new plant, the unit will have an overall production capacity of up […]
Mandela Peace Prize Goes to King Mohammed VI
King Mohammed VI of Morocco won the 2016 Mandela Peace Prize awarded by the Paris-based Mandela Institute. King Mohammed VI has been awarded the prize in recognition of his “contribution to the building of a society of justice and peace between humans and nations, in addition to his efforts to promote the development of Africa […]



