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Category: Business
AfDB forecasts 2.3 growth rate for Tunisia over 2023-2024 period
Tunisia will witness a 2.3 per cent economic growth rate in 2023 and 2024, the African Development Bank (AfDB) announced Wednesday, as it presented its ... Read More
Morocco a ‘strategic partner’, ‘not just any neighbor’ – Spanish FM
Spanish Foreign Minister, José Manuel Albares, has once again described Morocco as "a strategic partner,” saying it is “not just any neighbor" for Spain. "Morocco ... Read More
Fitch downgrades four Egyptian banks’ Issuer Default Ratings to “B”
Earlier this May, Fitch downgraded Egypt’s sovereign rating to "B" with a negative outlook. Three of the four banks, whose ratings it downgraded, are public ... Read More
Nigeria commissions Africa’s largest oil refinery in bid to end fuel imports
Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a ... Read More
AU Political Affairs Commissioner commends Morocco’s ‘unwavering’ commitment to democracy promotion
The Commissioner for Political Affairs, Peace and Security of the African Union (AU) Bankolé Adeoye commended, Tuesday in Rabat, Morocco's "unwavering" commitment to democracy promotion. ... Read More
Morocco’s UIR and Israel’s aerospace industries team up to set up excellence center
Rabat’s International University (UIR) and Israel’s Aerospace Industries (IAI) agreed to jointly set up a center of excellence on aeronautics, artificial intelligence, and innovation. A ... Read More
Renewable Energy: Morocco called to share its successful experience – AfDB President
Morocco is called upon to share its successful experience in renewable energies with African countries, said President of the African Development Bank (AfDB) Akinwumi Adesina, ... Read More
Egypt, UAE ink agreement to boost cooperation, investments
The UAE International Investors Council and the Egyptian-Emirati Business Council have signed a Memorandum of Understanding (MoU) to enhance cooperation and the existing investment partnerships. ... Read More
Morocco should build on its strategic metals to achieve industrial sovereignty
Rich in phosphates and cobalt deposits, Morocco is poised to attract investments in the fields of electric batteries and environment-friendly vehicles as it pushes to ... Read More
IMF $3bn bailout package for Ghana defies Akufo-Addo’s ‘Ghana beyond aid’ policy
Ghana, formerly praised for its stability and good governance, is finally getting some breathing room after Ghanian officials announced last week (18 May) that the ... Read More