Xlinks, which plans to export renewable energy from Morocco to the UK, said it is also assessing feasibility of other links with markets including Germany. This came in a statement in response to a Bloomberg article claiming the British company is abandoning the UK for the German market. “Xlinks was founded to promote the development […]
Business
AfDB warns of linking African loan payment to critical resources
Head of the African Development Bank called for an end to loans in exchange for oil or critical minerals, which helped countries like China control vast resources in the continent. In an interview with the Associated press, AFDB chief Akinwumi Adesina explained how such loans lead to undervaluing natural resources of African countries and further […]
Nigeria secures financial requirements for Niger rail link
Nigeria said it had secured 1.3 billion dollars needed to build a rail connection with neighboring Niger, a landlocked country. The news was announced by Nigeria’s transport minister Ahmed Alkali who said the China Civil Engineering Construction Company (CCECC) would provide 85 percent of the money while the Nigerian government would provide 15 percent. The […]
Morocco’s MASEN, main interlocutor for green hydrogen investors
Morocco’s green hydrogen offer to investors has assigned a prominent role to the country’s sustainable energy agency MASEN as the main interlocutor for investors. The agency is tasked with examining projects by investors and coordinating between them and authorities. On March 10, the Prime Minister’s office said the offer is ready and promised 1 million […]
Africa imports 70-80% of its drugs, losing $2.6tn yearly due to ill-health — AfDB chief
Africa imports between 70 and 80% of its medicines, according to Akinwumi Adesina, the President of the African Development Bank (AfDB), who also warned that the continent suffers an annual loss of $2.6 trillion yearly due to lack of productivity caused by ill-health. Speaking at a recent ceremony in Lagos where he was honored with […]
De-dollarization in Africa: could BRICS currencies challenge greenback?
A recent report by Sputnik Africa claiming that the use of the Russian ruble for trade between Russia and Africa has more than doubled since 2022 is challenged by other sources that report a sharp dip in the share of ruble payments from 23.7% in mid-2022 to 12.7% in mid-2023. Russian ruble usage in international […]
Nigeria’s intention to join BRICS will not be influenced by West — FM
Nigeria will apply for membership of the BRICS in the next two years and it intends to join the group with or without pressure from the West, the country’s foreign minister Yusuf Tuggar has said. During a recent three-day working visit to Russia, where he held talks with his Russian counterpart Sergey Lavrov, Tuggar re-iterated […]
Morocco says its strawberries safe, denies slur reports
Morocco’s agriculture ministry strongly denied reports on foreign media and social media claiming the Kingdom’s exported strawberries are infected with hepatitis A. The ministry’s strong rejection of such allegations followed a similar denial by Morocco’s food safety agency which conducted tests on the strawberries unveiling the fallacy of the rumors spread on social media. The […]
Morocco-Peru Political Consultations: Lima praises Atlantic Initiative launched by King Mohammed VI
Peru has praised the Atlantic Initiative, launched by King Mohammed VI, a move aimed at transforming this continental maritime space into a zone of peace, stability, and development. This position was expressed at the seventh edition of the Morocco-Peru Political Consultations Mechanism, held this week in Lima. The edition coincides with the 60th anniversary of […]
United Airlines to launch Marrakech-New York direct flights
United Airlines has signed a deal with Morocco’s tourism authorities to launch a direct air route linking Marrakech to New York. The deal was signed between the airlines and Morocco’s tourism promotion office as it eyes more American visitors to the Red city. United Airlines will be using its Boeing 767-300 with 167 seat capacity […]









