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Category: Business
OECD report highlights Morocco’s progress in tax transparency
A report by the Organization for Economic Cooperation and Development (OECD), published this week, highlighted the efforts and progress made by Morocco in tax transparency. ... Read More
Morocco’s automotive industry attracts over €300 Mln new investment
Stellantis group, one of the world’s leading automakers, announced on Wednesday a new investment of over €300 million in its Kenitra manufacturing facility aimed at ... Read More
EIB supports Morocco’s railway infrastructure upgrading with €200 Mln loan
The European Investment Bank (EIB) and the Office National des Chemins de Fer (ONCF) have signed on Wednesday a €200 million (2.1 billion dirhams) financing ... Read More
Kenyan MPs demand more details on secret $5bn railway loan deal with China
Some Kenyan lawmakers are demanding to see more documents from a secret $5bn loan agreement with a Chinese bank that financed a cross-country railway, with ... Read More
Qatar deposits $1bn in Egypt’s Central Bank
The Qatar Investment Authority (QIA) deposited $1 billion at the Central Bank of Egypt (CBE) at the time the Gulf country was close to a ... Read More
Burkina Faso’s Trade minister steps down amid charges of fraud, embezzlement
Donatien Nagalo, Burkina Faso’s Minister of Industrial development, Trade, Crafts and Small and Medium-sized enterprises, stepped down Tuesday amid growing protests against his appointment by ... Read More
COP-27: Switzerland pledges to cut its CO2 emissions in Morocco
Morocco and Switzerland have signed an agreement on environment protection on the sidelines of the COP-27 climate summit currently held in Sharm El Sheikh, Egypt. ... Read More
AIF 2022 attracts record investment pledges, but fails in solving Africa’s infrastructure paradox
This year's African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of ... Read More
Blood diamonds: Botswana wins bid to host anti-conflict diamond watchdog
Botswana, the world’s second-largest diamond producer, has won its bid to host the permanent secretariat of the Kimberley Process (KP), the grouping that certifies that ... Read More
AfDB supports Agricultural and Social Security Coverage programs in Morocco with $286 million loans
The African Development Bank (AfDB) will grant Morocco two loans worth $286 million to finance two programs related to the development of cereal growing and ... Read More