CDC Group, the British government’s overseas-investment arm, said it has invested $200 million in Morocco’s BMCE bank, which seeks to develop its activities on the African continent. The British group acquired nearly 5% in the bank’s capital after the investment, part of CDC’s plan to invest $4.5 billion in the African continent, the two institutions […]
Morocco woke up on Sunday to a human tragedy that cost the lives of 15 persons, mostly women, and wounded at least 20 others following a stampede during a food distribution operation in a village near Essaouira. The victims were crushed as hundreds of people, mostly women, gathered to collect baskets of food at the […]
South Africa’s economic growth will accelerate to 1.3 percent in 2019 from an estimated 0.9 pct in 2018, the World Bank said on Tuesday citing the implementation of structural reforms announced last year. The World Bank projects South Africa’s economic growth at 1.7% in 2020, and 1.8% in 2021. Economic growth would be supported by […]
