Category: Business

Will Moroccan banks & businesses suspend operations in Tunisia over Sahara ?

August 29, 2022

Several experts wonder whether Moroccan banks and businesses operating in Tunisia will leave or halt operations in response to President Kais Saied’s premeditated, hostile and ... Read More

Food Security: Europe forced to turn to OCP to meet its fertilizers needs

August 29, 2022

One of the few viable alternatives to Russian fertilizer is Morocco, which already accounts for 40% of Europe’s imports of phosphate, said Jacob Hansen, Director ... Read More

Launch of nearly $20 million-initiative to transform agricultural interventions in Africa

August 28, 2022

The African Agricultural Transformation Initiative (AATI), Endowed with a budget of $19.6 million until 2025, has been launched to improve sustainable development in Africa by ... Read More

China pledges to waive some Africa loans to defy debt-trap diplomacy claims

August 26, 2022

China has announced plans to waive 23 interest-free loans to 17 African countries that were due in 2021 amid a growing rivalry with the West ... Read More

New shipping lines boosted Morocco-Saudi Arabia trade Exchanges

August 25, 2022

The Jeddah port has contributed to enhancing commercial ties with Morocco and supporting Saudi exports through six new maritime lines and basic services that played ... Read More

Morocco well-placed to benefit from reconfiguration of global supply chains- specialized media

August 25, 2022

Morocco has bolstered its standing as a strategic business hub offering propitious conditions for industrial firms seeking to stabilize their supply chain after the recent ... Read More

Morocco: Imported inflation leaves little room for fiscal or monetary intervention

August 25, 2022

Morocco, like most energy importing countries, is facing the fallout of an imported inflation that sent up the prices of basic commodities in the international ... Read More

Saudi central bank grants license to two new fintech firms

August 24, 2022

The Saudi Central Bank (SAMA) Tuesday issued operation permits to “Lean Technologies” and “Mod5r”, two companies which will provide Open Banking Solutions. The permits are ... Read More

TotalEnergies abandons Algeria project for bureaucracy problems

August 24, 2022

French giant Total Energies has ditched a petrochemical project in Arzew in Oran in Western Algeria, a withdrawal that analysts blamed on Algeria’s bureaucracy. The ... Read More

State of Angola’s economy taking centre stage in the polls

August 24, 2022

After the last decades of civil war, an oil boom, corruption scandals, the state of Angola’s economy will be one of the biggest and most ... Read More