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Cotonou to host first Auto Moto Show on October 12-15

Benin’s economic capital Cotonou will host on October 12-15, the country’s auto moto show, dubbed “Cotonou Auto Moto Show”, with the aim to provide a platform to stakeholders of the sector to promote their services. Bruno Gnide Houenou, the chairman of the show, said that the exhibition will also offer users and enthusiasts of vehicles […]

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Saudi startup supporter VMS acquires minor stakes in Egyptian startup accelerator ‘Cash Cows’

Saudi Arabia-based venture studio VMS has acquired a minority stake in Egyptian start-up accelerator ‘Cash Cows’ as part of a strategic partnership agreement aimed at supporting the entrepreneurial ecosystem in both countries, reports say. ‘Cash Cows’ in a press release indicated that the partnership aims to bring together resources, expertise and support to help the […]

Americas Business Columns Emerging Markets Headlines International Morocco

Morocco, “the art of navigating global disorder” (Bloomberg)

Morocco “shows the art of navigating global disorder”, underlines the U.S. Bloomberg agency, noting that the Kingdom “is walking a diplomatic tightrope that many middle-income nations in an increasingly polarized world, from South Africa to Brazil, are struggling to navigate.” Despite being battered by the Covid-19 pandemic, rising US-China tensions and the war in Ukraine, […]

Emerging Markets Europe Headlines International Morocco

Sahara: Switzerland supports Morocco’s “serious and credible” efforts for reaching lasting political solution

Switzerland has commended Morocco’s “serious and credible” efforts aimed at reaching a lasting political settlement to the Sahara issue, saying the autonomy plan proposed by the North African Kingdom offers a realistic solution to this regional dispute. Speaking to journalists at the end of a working meeting he held Friday in Rabat with his Moroccan […]

Africa Emerging Markets Finance International

Bill Gates urges Nigeria’s leaders to do more to help ordinary people amid economic reforms

Bill Gates who is visiting Nigeria this week has urged the government to increase funding for vital solutions, emphasizing the West African nation needs to do more than $10 per person for health care each year. The American business mogul, co-chair of the Bill & Melinda Gates Foundation, is in Niger and Nigeria this week […]

Business Editorials Emerging Markets Headlines Morocco

Morocco’s OCP plans its own ammonia plant worth $7 bln

Morocco’s fertilizer manufacturer, OCP, said it plans to invest 7 billion dollars in an industrial complex that will help it produce green ammonia from hydrogen produced from renewable energies in the southern region of Tarfaya. The project- which will also include a desalination plant- is part of the already announced $13 bln-project to fully shift […]

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Senegal to stage first “Invest in Senegal” Forum on July 6-8

Senegal’s investment promotion and grand projects agency, APIX, will organize on July 6-8 the country’s first “Invest in Senegal” Forum seeking the development of local and regional markets. APIX in a statement argues that the event is meant to draw benefits of the African Continental Free Trade Area (AfCFTA) and promote investment opportunities in Senegal […]

Business Emerging Markets Features Headlines Morocco

IMF Chief Impressed by Morocco’s Economic progress

The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]

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South Korea keen to invest in several areas in Niger

South Korea is considering investing in multiple areas in Niger, chairman of the Asian country’s Private employers’ Council told President Mohamed Bazoum. Chey Tae won “Anthony” who also doubles as Chairman of SK Inc., a holding and IT services company headquartered in Seoul, met with the Nigerien leader in Paris. Both sides, according to the […]

Business Emerging Markets Headlines Morocco

Morocco’s aviation sector experiencing “remarkable” evolution, a business strategist tells Forbes

Morocco’s aviation sector is experiencing “remarkable” evolution, and the Kingdom, a vibrant and strategic country in North Africa, is emerging as a key player in this field, states US Forbes Magazine in an article by a business strategist. “The global aviation industry is expected to grow over the next 10 years, and I believe Morocco […]