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Casablanca Hosts 5th International Africa Development Forum

Over 1200 African businessmen and senior government officials from nearly 40 countries are taking part in the 5th International Africa Development forum which opened doors Thursday in Casablanca, Morocco’s economic capital, under the theme: “New Inclusive Growth Models in Africa”. The two-day event seeks to promote trade and investment between African countries which are urged […]

Somali forces end deadly al-Shabab hotel siege; UN warns of full-blown famine

An attack claimed by the al-Shabab armed group on a popular hotel in the centre of the Somali port city of Kismayo killed nine civilians on Sunday, October 23, as the World Food Program (WFP) warned it is only a matter of time before the conflict-torn Somalia is hit with a full-blown famine and people […]

Morocco’s fertilizers and car exports hit $20 bln

Morocco’s exports of phosphates and fertilizers as well as the sales of its automotive sector hit a record 20 billion dollars that helped mitigate a surging trade deficit due to higher energy, food and equipment prices. Morocco’s exports of phosphates and derivatives rose 54.8% to 10.3 billion dollars, while the automotive sector’s imports rose 35% […]