North Africa Post
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Business Headlines Maghreb Morocco

Morocco’s Tourism sector gets support from EBRD & UNWTO

North Africa Post

The World Tourism Organization (UNWTO) has teamed up with the European Bank for Reconstruction & Development (EBRD) to help tourism industry recover from the covid-19 impact in several countries, including Morocco. The coronavirus lockdown has affected many sectors of the global economy, with tourism being among the hardest hit as worldwide destinations introduced restrictions on […]
Africa Emerging Markets Headlines International

Senegal abandons Akon’s futuristic city project

North Africa Post

The Senegalese government has officially ditched a land deal with American-Senegalese singer Akon, effectively halting his ambitious plan to build a futuristic, cryptocurrency-powered city dubbed “Akon City.” The project, first announced in 2018, promised a $6 billion “real-life Wakanda”, a high-tech utopia powered by renewable energy and using Akon’s own digital currency, AKoin. The city […]
Business Emerging Markets

EBRD Steps Up Cooperation With Morocco To Higher Levels

North Africa Post

The European Bank for Reconstruction & Development has enhanced its presence in Morocco with the opening of a second office in the North African Kingdom. The Bank’s first office is based in Casablanca, Morocco’s economic capital, while its 2nd office was opened Wednesday in the Northern city of Tangier. It primary goal is to support […]