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Africa’s twin drain: climate disasters and illicit fund transfers erode infrastructure and growth

Africa is losing billions each year to twin economic threats: climate-induced natural disasters and illicit financial flows, a new series of reports reveal. According to a new report by the Coalition for Disaster Resilient Infrastructure (CDRI), natural disasters inflict $12.7 billion in annual damage to infrastructure across the continent. Floods alone account for nearly 69% […]

Morocco, pillar of African cooperation under reign of King Mohammed VI

King Mohammed VI stands as a champion of intra-African solidarity, matching words with action through the launch of initiatives that aimed at spurring African economic integration, protecting the rights of Africans, promoting religious tolerance and safeguarding peace and stability. Integration With more than 50 visits paid to different African countries during 26 years of his […]

Morocco wins presidency of the UN Economic Commission for Africa

Morocco won the presidency of the UN Economic Commission for Africa (ECA), in an event that highlights the Kingdom’s clout and leadership within the continent. The one-year-term presidency will feature the chairmanship by Morocco’s industrial minister Ryad Mezzour of the Confederation of African Ministers for Finance, Planning, and Economic Development. Algeria, as was expected, attempted […]