Seminar-in-Tanzania-on-Sahara

Winning Development Battle, Arab States’ Greatest Challenge

Morocco’s King Mohammed VI underscored that the greatest challenge thrown at Arab states lies in winning the battle for development, deeming that this goes through ensuring capacity-building, combating poverty and vulnerability and overcoming hurdles to inter-Arab economic and commercial cooperation. “The greatest challenge for us is to win the battle for development by making up […]

Morocco allocates $1 billion to mitigating drought

King Mohammed VI ordered the allocation of 10 billion dirhams ($1 billion) to mitigate the impact of drought on farmers, the Royal Palace said. Morocco has registered a rainfall deficit of 64% jeopardizing this year’s harvest and putting farmers in a difficult financial position. Hassan II fund for economic and social development will contribute by […]

East African Community to benefit from Somalia’s entry and DRC president’s re-election

Somalia’s entry into the East African Community (EAC) and the re-election of the Congolese president are likely to provide an important impetus to the financial services, banking and tourism, as well as to investments in renewable energy, oil, transport and logistics, all of whom are set to drive business opportunities in the East African region […]