Prince Moulay Rachid

IFC injects $37 Mln in Morocco’s BLS Logistics Company

The International Finance Corporation has announced a $37 million investment in Morocco’s logistics service provider BLS to support the company’s growth strategy and strengthen Morocco’s position as a regional logistics and trade hub. The IFC funding will help BLS finance its expansion plans, which include creating an estimated 500 new jobs by 2030 through the […]

Africa’s 2023 investment hotspots list dominated by Kenya, Egypt, Nigeria and S.Africa — report

Kenya, Egypt, Nigeria, and South Africa have emerged as the top investment destinations in Africa for funding in 2023, as the quartet of markets collectively accounted for a dominant 68% share of the continent’s total investment influx last year, according to a new report. The report entitled ‘The Africa Investment Report 2023’ provides a compelling […]

Mounting calls for strengthening Morocco-South Africa economic partnerships

South African Businessmen and economic stakeholders have joined their voices to those of politicians and activists to call for consolidating economic partnerships between their country and Morocco, a rising economic power in Africa. In this context, the CEO of Gauteng Tourism Authority (GTA), the government agency of the Gauteng province in South Africa, Stembiso Dlamini, […]