Editorials Headlines Maghreb

UN Envoy De Mistura invites representatives of parties to Sahara conflict to bilateral consultations

The Personal Envoy of the UN Secretary-General for the Sahara, Staffan de Mistura, has invited the representatives in New York of Morocco, Algeria, Mauritania and Polisario “to informal bilateral consultations with him,” ahead of his upcoming briefing to the Security Council due next month. The announcement was made Tuesday by Mr. Stéphane Dujarric, Spokesman for […]

Business Emerging Markets

Botswana to buy 24% stake in Belgian diamond trader HB Antwerp

The Botswana government announced Monday that it will buy a 24% stake in the Belgian gem trader HB Antwerp, a move that is seen as a possible challenge to De Beers’s dominance of the southern African nation’s diamond industry. “Today is the dawn of a new era of a diamond industry in Botswana as we […]

Blogs Community Europe International

Kenya’s Ruto visits Germany, Belgium to seek trade deals with EU

Kenyan President William Ruto, now on a visit to Germany and Belgium, has invited German companies to invest in Kenya’s micro, small, and medium-sized enterprises. Ruto’s visit to Germany and Belgium is aimed at strengthening social and economic ties between Kenya and the European Union. During a meeting with German business leaders and investors, he […]

Africa Features Headlines International

DRC: UN chief “alarmed” by surge in violence, as militia executes 17 hostages

The escalating violence in the east of the Democratic Republic of Congo (DRC) has claimed more than 700 lives at the hands of militia fighters since December last year, the United Nations said Monday (27 March). This comes as the CODECO insurgents, a notorious militia operating in the region, a day earlier executed at least […]

Headlines Maghreb Morocco

Morocco maintains standing as most insulated country from terrorism in North Africa- Global Terrorism Index

Morocco remains the most secure country from terrorist attacks in the southern Mediterranean, said the Institute for Economics & Peace (IEP) in its 2023 Global Terrorism Index. Morocco took the 83rd place ahead of European countries such as Spain, the Netherlands and Austria underscoring its standing as the safest country in North Africa. “The countries […]

Business Emerging Markets Headlines Morocco

Morocco’s OCP posts record $11.28 bln revenue in 2022

Morocco phosphates and fertilizers producer OCP posted a record revenue of 11.28 billion dollars in 2022, up 40%, thanks to high prices as well as industrial flexibility, commercial agility, and efforts to reduce production costs. “OCP was able to fully leverage the benefits of higher prices, while calibrating production to match the attendant lower volumes, […]

Asia Business Emerging Markets Headlines International Morocco

Morocco, Cambodia sign agreement on air services, other deals in the pipeline

Morocco and Cambodia signed, in Rabat on Monday, an agreement on air services meant to promote tourism and trade between the two countries. The agreement signing took place during the meeting of visiting Cambodian deputy prime minister and minister of Foreign Affairs Prak Sokhonn with Morocco’s Foreign minister Nasser Bourita. The two officials welcomed the […]

Africa International

Nigeria to start national census May 3rd

Nigeria will conduct, as of May 3rd, the national population census, the first in 17 years, a state official said Monday. Garba Abari, Head of the National Orientation Agency, said the process will take three days and will wrap up on May 5. “The census is very important because it brings together development, planning, security, […]

Business Emerging Markets Finance Headlines Morocco

BMCE Capital, best investment bank in Morocco in 2023

BMCE Capital, the investment banking arm of Bank Of Africa-BMCE Group, has been awarded the prize of the “Best Investment Bank in Morocco in 2023” by the “International Investor Magazine”. This award confirms BMCE Capital’s position in investment banking, both nationally and continentally, and its quest for excellence in the service of its partners and […]