The Africa Finance Corporation (AFC) has called on African governments to tap into over $4 trillion in untapped domestic capital to bridge the continent’s widening infrastructure gap. In its 2025 State of Africa’s Infrastructure report, the AFC emphasized that pension funds, sovereign wealth funds, commercial banks, and reserves collectively hold the capital needed to transform […]
Moroccan authorities announced on Monday the seizure of nearly three tons of cannabis in two separate anti-drug operations carried out in the cities of Agadir (southern Atlantic coast) and Nador (North eastern region). In Agadir, two people, aged 37 and 39, were arrested by the local security agents at a road checkpoint .They were on […]
African Export-Import Bank (Afreximabank) plans to disburse about $85 billion in support of intra-African trade until 2021, Benedict Okey Oramah, the president and chairperson of the bank said. Speaking on the sidelines of the 32nd African Union Summit, Oramah said the move is crucial to achieving African economic integration. He said the bank is working […]
