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Category: Business
“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook
The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director ... Read More
Amid escalating food crisis, African agriculture is set for fertilizer boom
With an estimated 346 million people across Africa being negatively impacted by a severe food crisis, according to the Food and Agriculture Organization (FAO), a ... Read More
Morocco’s green norm wins IFOAM-Organics International (OI) recognition
Bio-Maroc certificate, Morocco’s green norm , is now an international norm after the certificate received the recognition of IFOAM-Organics International (OI), an international organic farming ... Read More
Morocco, China share ambition to promote a ‘triple win’ cooperation in support of Africa
Morocco and China share the ambition to establish a "triple win" South-South cooperation in support of Africa's all-out development, Moroccan Foreign Minister Nasser Bourita said ... Read More
Morocco to import 5 mln tons of soft wheat in 2022-2023- Intecereales says
French soft wheat exporters (intercereales) said Morocco could import up to 5 million tons this 2022-2023 season. France has already exported 1 million tons of ... Read More
The African currency rollercoaster ride: struggling against super-strong US dollar
As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to ... Read More
Africa’s richest nations, including Morocco, control 66% of continent’s total wealth
Only three African nations control about 56% of the continent’s total wealth, according to the 2022 Africa Wealth Report published by UK investment consultancy firm ... Read More
Morocco-Mauritania: Businessmen Pushing for Stronger Economic Partnership
About one hundred Mauritanian companies took part Tuesday in Casablanca in the 2nd Moroccan-Mauritanian economic forum, a platform seeking to enhance dialogue and contacts between ... Read More
Kenya adopts new pro-business stance towards Morocco – media
Kenya has adopted a new pro-business stance towards Morocco, writes the Kenyan economic newspaper Business Today, in an analysis published on Saturday, following Kenyan President ... Read More
Spanish Barceló Group to invest $47 million in tourism sector in Morocco
Barceló Group, a Spanish company specializing in hospitality and travel, plans to invest 47 million in the tourism sector in Morocco through the acquisition and ... Read More