Energy Headlines Morocco

COP-27: Morocco’s King leadership hailed by high-level meeting of three African Climate Commissions

The high-level meeting of the three African Climate Commissions has praised the leadership of King Mohammed VI and Morocco’s noteworthy support on the sidelines of the COP-27 climate change summit currently held in Sharm el Sheikh, Egypt. In a press release issued at the end of the high-level meeting, participants recognized Morocco’s role and contributions […]

Finance Headlines

Egypt unveils $40.7m fund to invest in cutting carbon emissions projects

The Egyptian government launched a fund for investment in projects issuing carbon certificates with an authorized capital of EGP 1 billion ($40.7 million). The fund, dubbed EgyCOP, will finance Egyptian companies’ projects that reduce carbon emissions through the issuance of globally-accredited certificates from Switzerland’s The Gold Standards Foundation, the Arab country said in a statement. […]

Headlines Morocco

International Exhibition & Museum of Al-Seerah al-Nabawiyya and Islamic Civilization inaugurated in Rabat

The international Exhibition and Museum of Al-Seerah al-Nabawiyya (life of the Prophet) and Islamic civilization in Rabat was inaugurated Thursday by Crown Prince Moulay El Hassan. The exhibition hosted by the Islamic World Educational, Scientific and Cultural Organization (ICESCO) in Rabat, is placed under the high patronage of King Mohammed VI. Crown Prince Moulay El […]

Africa Europe Headlines International

France suspends development assistance to Mali, irks NGOs

France has suspended its development aid to Mali in an additional action confirming showdown between the two countries. “Owing to the attitude of the Malian junta, allied with Wagner’s mercenaries, we have suspended our official development assistance to Mali,” the foreign ministry of the European country said in a statement. The statement added that Paris […]

Africa Community International

WHO plans clinical trials for Ebola vaccine in Uganda as doctors face poor protection

Three trial vaccines for Ebola will arrive in Uganda next week, the World Health Organization (WHO) announced during the G20 meeting in Indonesia, in an effort to stem the outbreak of the deadly disease that was declared in late September and that has since then claimed at least 55 deaths. “Today I’m pleased to announce […]

Africa Finance International

Guinea: Minister of Infrastructure & Transport fired over alleged corruption

Guinea President Mamady Doumbouya has sacked the Minister of Infrastructure and Transport, Yaya Sow, under investigation since November 7 over alleged corruption attempt in his department. A statement read on the national TV RTG announcing the firing said the move was taken because of the launch of a judicial investigation by the Court of Repression […]

Africa International

Equatorial Guinea: President Obiang runs again for office, seeking to extend record 43-year rule

President Teodoro Obiang of Equatorial Guinea, the world’s longest-standing leader, is running for office again in Sunday elections, as he wants to extend his 43-year authoritarian rule in the oil-rich Central African nation. His party confirmed that Obiang would run in the elections to be held on Sunday (20 November). The world’s longest-standing president is […]

Columns Europe Headlines International Maghreb Opinions

Algeria: “A rotten regime saved, for now, by gas” – The Economist

The British magazine, The Ecomist, published recently a very critical story on the economic, political and social situation in Algeria that it described as dismal. “…Algeria’s economy and politics are both sclerotic, its leadership repressive yet feeble, its role in Africa and the Arab world self-regarding but unappreciated.” It is in these words that the […]

Business Energy Headlines International Morocco

Bloomberg picks Marrakech for global economy forum, lauds King’s climate action leadership

International financial news agency Bloomberg said it picked Marrakech to host its first conference titled “Bloomberg New Economy Gateway Africa,” in June 2023, highlighting Morocco’s climate leadership in Africa under the leadership of King Mohammed VI. Michael R. Bloomberg made the announcement on the closing day of the Bloomberg New Economy Forum in Singapore. This […]

Columns Europe Headlines International Opinions

European parliament urged to review deal with pro-Russia Algeria

A group of influential members of the European Parliament (MEPs) urged the head of the European Commission to review the association agreement with Algeria, a country that is about to pump 17 billion dollars into Russian coffers in arms deals that would give Moscow a financial boost. MEPs from different groups sent a letter to […]