Category: Business

A perfect storm: debt crisis looms for Ghana, other emerging economies in Africa

October 3, 2022

Ghana is a classic case of emerging economies in Africa and other parts of the world who have been caught in a perfect storm and ... Read More

Morocco-Mauritania: First operational plan to implement convention on maritime fisheries, aquaculture

October 1, 2022

Morocco and Mauritania signed, on Friday in Nouakchott, the first operational plan for the years 2023-2024, relating to the implementation of the framework convention in ... Read More

Moroccan banks control 21% of the west African market

October 1, 2022

Thanks to decades of investments, Moroccan major banks increased their market share in the 8 countries of the West African economic community (ECOWAS) to 21%. ... Read More

Gabon launches 3rd airline to fly oil & gas companies’ staff

October 1, 2022

Gabon’s civil aviation, ANAC, has issued an operation permit to Gabon Aero Solutions, a private airline using helicopters, to transport personnel of oil and gas ... Read More

AfDB Lends Morocco €199 Mln for Climate Resilient Crops

September 30, 2022

The African Development Bank has approved a €199 million loan to finance Morocco’s competitive & resilient cereal development program to help boost food security, nutrition, ... Read More

UNDP loans Cameroon $21m to strengthen SMEs’ resilience

September 30, 2022

The UNDP and Cameroon have inked a loan deal of $21 million earmarked to strengthen the resilience of Small and Medium Enterprises (SMEs) of the ... Read More

Kenya’s policy reversal: from Ruto’s anti-China campaign to more pragmatic stance

September 30, 2022

While Kenya’s newly elected President William Ruto, ran his election campaign on an anti-China platform, the language of his new administration now stands in a ... Read More

Portugal to recruit 400 Moroccan workers amid labor shortage

September 29, 2022

Portugal, which is faced with a labor shortage, is set to recruit 400 Moroccans who will work in the farming sector, under a Memorandum of ... Read More

African Stability and Liquidity Mechanism could help avert debt crisis — study

September 29, 2022

The looming debt crisis in Africa can only be resolved with a more stable and liquidity market in African government bonds, argue Daniel Cohen, the ... Read More

Monetary policy by itself not enough to ease inflation – Cent Bank governor says

September 29, 2022

Morocco’s central bank has hiked its key rates by 50 basis points to 2% to tame a soaring inflation, but this measure alone is not ... Read More