Business Finance Headlines Morocco

Davos: Morocco enters new development phase to build social state (Gov’t Chief)

Morocco is entering, thanks to the leadership of King Mohammed VI, a new phase of its development characterized by the building of a Social State, the Head of Government, Aziz Akhannouch, said on Wednesday in Davos. In one year, the government has fulfilled the royal agenda by putting in place the regulatory framework for compulsory […]

Americas Business Finance Headlines International Morocco

Aya Gold & Silver Company raises $70 Mln for its projects in Morocco

Canadian company Aya Gold & Silver has raised $70 million for the development of its Moroccan Boumadine and Zgounder mining projects, near Ouarzazate. On Tuesday, Aya firm announced it has agreed to sell 8,485,000 common shares to Eight Capital and Desjardins Capital Markets, as joint bookrunners and co-lead underwriters, together with a syndicate of underwriters. […]

Africa Headlines International Morocco

Rabat hosts unprecedented exhibition of Benin’s contemporary art under the theme “from restitution to revelation”

The Mohammed VI Museum of Modern and Contemporary Art in Rabat hosts from January 18 to May 15, 2023 an exhibition of Benin’s contemporary art under the theme “Art of Benin yesterday and today: from restitution to revelation”. The exhibition explores part of the history and heritage of Benin, will be an opportunity for art […]

Americas Columns Headlines International Morocco

Washington plans to establish military industrial base in Morocco- media

Washington is reportedly planning to establish a military industrial base in Morocco, which plays a leading role in combating terrorism, as well as in view of its integration into the international military equation. In this connection, US President Joe Biden has instructed Defense Secretary Lloyd Austin to prepare an emergency plan to establish the military […]

Asia Community Headlines International

UN Security Council urged to include Yemen Houthis on terror list

Saudi envoy to the United Nations, Abdallah Al-Mouallimi, has called the Security Council to include the Yemeni Houthi group on the list of terrorist organizations, saying this has become an urgent and necessary matter. Speaking at the Security Council special session on the Yemeni crisis earlier this week, Al-Mouallimi said the Houthi militia has refused […]

Americas Headlines International Libya

Libya: US intelligence agency demands Haftar to let Dbeibeh government to operate in east

The Director of the US Central Intelligence Agency (CIA), William Burns, has demanded that the commander of the Libyan National Army (LNA), Khalifa Haftar, should cooperate with the Government of National Unity in Tripoli headed by Abdul Hamid Dbeibeh and enable it to operate in eastern Libya. This, said Burns, will preserve the principle of […]

Business Egypt

Egypt to launch first-ever corn tender

Egypt’s General Authority for Supply Commodities will launch its first-ever corn tender on January 19th, a statement by the Ministry of Supply and Internal Trade said. The tender according to the ministry aims at providing fodder for the kids of poultry jam. The authority announced practice No. (1) for the year 2022/2023 for the supply […]

Africa International

Ethiopia: Head of Supreme Court, her deputy resign

Meaza Ashenafi, President of Ethiopia’s Federal Supreme Court and her deputy, Solomon Areda Waktolla have thrown in the towel, more than three years into their jobs. The pair were nominated by Prime Minister Abiy Ahmed to the House of People’s Representatives (HPR) on 01 Nov. 2018. They have both received a unanimous vote from the […]

Africa International

Equatorial Guinea: President’s son arrested for selling aircraft belonging to national carrier

Ruslan Obiang Nsue, a son of Equatorial Guinea’s President Teodoro Obiang Mbasogo, has been placed under house arrest for the alleged sale of an airplane belonging to the country’s flagship airline Ceiba Intercontinental, reports say. State television (TVGE) Tuesday reported that Obiang Nsue allegedly sold the jet, ATR 72-500, to the company Binter Technic, which […]

Africa Community Finance Headlines International

EAC members bicker over who will host regional central bank to be set up in 2023

A decision to set up the East African Monetary Institute (EAMI) — the Central Bank of East Africa — which is widely seen as a key institution required in implementing a single currency regime, will be made this year, East African Community (EAC) Secretary-General Peter Mathuki has said. Member states have so far failed to […]