Africa Americas Business Headlines International Morocco

Morocco, a gateway for US investments in Africa

Marrakech is currently hosting the US-Africa business summit, a forum that connects the business community in Africa and the US to prospect for win-win investment opportunities in the African infrastructure sector. Holding the event in Marrakech “is an enshrinement of the natural role of the Kingdom as a gateway to Africa and a link with […]

Africa Business Headlines International Morocco

Morocco to help African countries with 550k tons of fertilizers

Morocco’s phosphates and fertilizers producer OCP is addressing the shortage in fertilizer on the African continent by offering 180,000 tons of customized fertilizers in donations and 370,000 tons at a reduced price to help many African countries secure their soil nutrients needs amid a surge of prices in the international demand. The fertilizers market has […]

Africa Headlines International Morocco

Sahara: Malawi reiterates “unwavering” support for Morocco’s territorial integrity

Malawi’s Foreign Minister Ms. Nancy Tembo reiterated, Wednesday from Marrakech, her country’s “unwavering” support for Morocco’s territorial integrity and for the Autonomy Plan proposed to settle the Sahara issue. This came in a joint communique issued following a meeting between the Malawian Foreign Minister and her Moroccan peer Nasser Bourita on the sidelines of their […]

Africa Americas Business Headlines International Morocco

American & African economic operators discuss in Marrakesh joint business opportunities

Hundreds of African and American businessmen are discussing in Marrakesh partnership projects in various sectors including agribusiness, finance, energy, fertilizers, health, mining infrastructure, ICT, security and creative industries. A large American delegation, led by Alice Albright, CEO of the Millennium Challenge Corporation (MCC), is taking part in the 2022 U.S.-Africa Business Summit, held in Morocco’s […]

Headlines Morocco

Morocco-Water Stress: WB official calls for complementary policies as outlined in NMD

The water stress faced by Morocco requires the adoption of complementary policies such as those recommended in the New Development Model (NMD), the World Bank Director of Operations for the Maghreb and Malta, Jesko Hentschel, said Wednesday. “Recent events have shown that technical solutions are no longer sufficient to protect the economy against climate shocks […]

Africa Headlines International Morocco

Morocco: Royal Navy assists 236 would-be immigrants stranded in the Mediterranean

Coast guards of the Royal Navy operating in the Mediterranean Sea have provided assistance, from July 17 to 19, to 236 would-be immigrants, mostly Sub-Saharans, military sources said. The illegal immigrants, including 06 women, were in difficulty aboard makeshift boats, the source said. The rescued people received first aid on board the fighting units of […]

Americas Business Emerging Markets Headlines International Morocco

Vice Pdt. Kamala Harris Thanks Morocco’s King for Hosting U.S.-Africa Business Summit

U.S. Vice President Kamala Harris has thanked King Mohammed VI and the Corporate Council on Africa (CCA) for hosting the U.S.-Africa Business Summit which opened on 19 July in Marrakech. Addressing, remotely, participants in the summit from Washington D.C., the American Vice-President said: “I would like to thank the Corporate Council on Africa, His Majesty […]

Headlines Tunisia

Tunisia slaps $16,000-fine on Al Jazeera for publishing 25 July referendum opinion poll results

HAICA, Tunisia’s media watchdog, has fined Qatar based al Jazeera with around $16,300 fine for publishing 25 July referendum opinion poll results that the institution believes will influence voters. In a statement issued Tuesday, HAICA, Webdo Tunis reports, poll results, which were aired on the July 12, 2022 episode of “Al-Hassad,” could influence the will […]

Business Egypt Finance Headlines

AfDB allocates Egypt $271m credit line to finance food security and economic resilience program

The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to support efforts to mitigate the impact of the global shocks on the domestic economy from the Russia-Ukraine conflict and to preserve resilience, Abidjan-based bank said in a statement. The program […]

Africa Culture Headlines International Libya Lifestyle Tunisia

African shooting sports Federation moves championship form Libya to Tunisia

The African Shooting Sports Federation (ASSF) decided to withdraw the hosting of the African Shooting Championship from Libya due to the lack of government guarantees, Libya Observer reports. The board of the directors of the federation made the decision Monday during an e-meeting, the Libyan notes. Per the decision, the 15th edition of the African […]