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AU Summit: Morocco’s Historic Participation after a 33-year Absence

Prince Moulay Rachid, the brother of King Mohammed VI of Morocco, takes part in the 29th Summit of the African Union (AU), which opened this July 3 in Addis Ababa, Ethiopia, under the theme: “Harnessing the Demographic Dividend through Investments in the Youth”. The participation of Morocco in this African summit is of great importance […]

Germany extends Morocco loans, grants worth €701.3Mln

Germany will extend Morocco loans and grants worth €701.3Mln within the framework of financial and technical cooperation between the two countries. Three agreements related to the funding were signed Wednesday in Rabat by Minister of Economy and Finance Mohamed Benchaaboun, and Germany’s Ambassador to Morocco Götz Schmidt-Bremme. The agreements reflect the excellence of cooperation relations […]

French billionaire faces fraud allegations over African port deals

French billionaire Vincent Bolloré is facing fresh fraud allegations from a coalition of African groups, accusing him and his family of benefiting from illegal port concessions across several African nations. The complaint, filed with the French National Financial Prosecutor’s Office (PNF) on Wednesday (19 March), targets Bolloré SE and its former logistics arm, Bolloré Africa […]