Mauritania has a central role to play in Morocco’s Atlantic initiative aiming to offer access to the ocean to landlocked Sahel countries and promote regional economic integration and shared development. Morocco’s foreign minister Nasser Bourita made the remarks at a joint press conference in Rabat with his guest Mauritania’s foreign minister Salem Ould Merzoug. King […]
Business
Africa’s 2023 investment hotspots list dominated by Kenya, Egypt, Nigeria and S.Africa — report
Kenya, Egypt, Nigeria, and South Africa have emerged as the top investment destinations in Africa for funding in 2023, as the quartet of markets collectively accounted for a dominant 68% share of the continent’s total investment influx last year, according to a new report. The report entitled ‘The Africa Investment Report 2023’ provides a compelling […]
Managem to increase revenue thanks to gold, copper projects – CEO
Morocco’s largest mining company Managem plans to increase its revenue by 50% from 9 billion dirhams currently, as it plans to increase gold and copper production starting from 2025, the company CEO Imad Toumi said. The company has resumed gold production in Sudan which represents 15% of its revenue, Toumi told Medias24. He said the […]
Tunisia’s autocrat curbs central bank independence
Tunisia’s president Kais Saied extended his power grab to the central bank, undermining the independence of the monetary policy in a country that suffers from an aggravating fiscal and economic crisis. Saied made the statement as he seeks direct financing of the state budget by the central bank, a move many economists warn would further […]
Morocco’s 2024 challenges: water scarcity, inflation- World Economic Forum
Morocco should prepare to address the challenge of drought and inflation in 2024, the World Economic Forum (WEF) said. In its Global Risks Report, the WEF identified water supply and inflation among the most pressing issue Morocco would face this year as the country braces for the sixth consecutive dry year. Inflation was contained in […]
Morocco, Germany sign agreement to implement 2nd Phase of agricultural & forestry Dialogue
Morocco and Germany signed, Saturday in Berlin, an agreement to implement the second phase of the “Agricultural and Forestry Technical Dialogue” (DIAF) project, as part of bilateral cooperation between the two countries. The agreement, signed on the sidelines of the Berlin International Green Week, focuses on organic production and exchanges between the two countries in […]
Kampala NAM Summit supports UN political process on regional dispute over Sahara
The 19th Summit of the Non-Aligned Movement (NAM) reaffirmed, at the end of its proceedings Saturday in Kampala, Angola, its support for the UN political process concerning the regional dispute over the Sahara, with a view to reaching a “mutually acceptable political solution.” The Heads of State and Government of the Non-Aligned Movement welcomed the […]
Morocco-Spain cooperation in security, migration realms marked by ‘high level of efficiency’ – Spanish Interior Minister
Cooperation in the security and migration fields between Morocco and Spain is marked by a “high level of efficiency”, Spanish Interior Minister Fernando Grande-Marlaska said on Friday in Rabat. “Collaboration between Rabat and Madrid is marked by a high level of efficiency, particularly in the fight against irregular migration, human trafficking, drug trafficking and organized […]
SIEPA to convene in Dakar Jan 23-24
Le Salon International de l’Enérgie et du Pétrole en Afrique, better known as SIEPA, is taking place January 23-24 in Dakar, Senegal. It will provide an opportunity to discuss the prospects opened up by this very large gathering. According to the official website of the summit, participants will shed light on energy prospects in Africa […]
AfDB to hold Annual Meetings in Nairobi May 27-31
The African Development Bank, AfDB, will hold its 59th annual meetings this year in Nairobi from May 27 to 31, the Abidjan-based lender has announced. Topics to be addressed include the lack of climate finance for African priorities and the high cost of capital to invest in sustainable infrastructure for green growth and a just […]









