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Category: Business
Morocco to invest $10.8 bln to develop irrigation over 2020-2027
The Moroccan government has earmarked 10.8 billion dollars or 115 billion dirhams to expand irrigation programs from 2020 to 2027. This came at a meeting ... Read More
Morocco, China poised to promote trade
Morocco and China signed, Wednesday in Rabat, a memorandum of understanding (MoU) on the creation of a working group for the facilitation and promotion of ... Read More
Morocco & UK Central Banks hold workshop on cybersecurity for top African & Mideastern bankers
Nearly 30 senior executives representing twenty Central Banks from Africa and the Middle East attended a cybersecurity workshop organized Nov.28-29 in Rabat by Morocco’s Bank ... Read More
BMW distributor in Egypt unveil plans to invest $100m
The official importer and distributor of BMW in Egypt, Global Auto Group, has announced plans to inject $100 million meant to develop its services and ... Read More
US-Africa summit: Biden aims to boost trade, investment, food security; are the ambitions too high?
US President Joe Biden will be hosting some 45 heads of state from across the African continent in Washington, DC, on 13-15 December for the ... Read More
Africa’s top finance industry players meet in Togo to discuss economic recovery
African finance ministers and central bank governors are meeting in Lomé, Togo, this Nov. 28-29 for the African Finance Industry Summit (AFIS) to discuss how ... Read More
Morocco’s OCP reports record $8.37 billion in Q3 revenue
Morocco’s phosphates and fertilizers exporter OCP said its revenue up to September this year grew to 89 billion dirhams or 8.3 billion dollars after the ... Read More
Sahel instability threatens to turn Burkina Faso’s gold boom to bust
The impoverished citizens of Burkina Faso have missed out on a gold mining boom over the last decade, as the West African country loses territory ... Read More
EU grants West Africa 96m euros to ramp up local food production
The European Union, EU, has allocated 96 million euros for West African states to support the region to build resilience and local food production capacity ... Read More
Rabat’s new bus station inaugurated by King Mohammed VI
King Mohammed VI on Monday inaugurated the new bus station of Rabat, a project constituting a fundamental component in the restructuring of the capital's southern ... Read More