Business Emerging Markets

Togo launches Yearbook Togo 2022-2023 report to lure investors

Togo’s Minister for Investment, Rose Kayi Mivedor, unveiled Tuesday Yearbook Togo 2022-2023, an economic report presenting the country’s economic potential, as a tool to lure Foreign Direct Investment (FDI). “The Yearbook Togo 2022-2023 was published with the aim of making economic data accessible and providing an overview of achievements – completed and in progress – […]

Business Culture Finance Lifestyle

Guinea to revamp two-star Labe tourism hotel

The Guinean tourism ministry has signed a deal with SAB-TRANSIT SAU to refurbish and expand state-owned two-star tourism hotel Labe located in Labe, the capital of “Moyenne Guinee”, as part of the West african country’s efforts to revamp tourism potential, local reports say. Alpha Soumah, Minister of tourism signed an agreement with Elhadj BAH Mamadou […]

Columns Finance Headlines Opinions Tunisia

Did Tunisian President receive Polisario chief for $200 mln Algerian loan?

The unilateral invitation by Tunisian president to polisario chief and Algerian proxy Brahim Ghali continues to spill ink. Maghreb Intelligence reports that Tunisia’s president rolled the red carpet for the Polisairo leader in return for a promise to receive a meagre $200 million loan from Algiers. President Kais Saied- who ironically often brags about defending […]

Business Headlines Morocco

Dakhla hosts international investors forum Sept. 18-19

The Moroccan southern city of Dakhla will host the Forum of International Investors on September 18-19, to consolidate economic relations, promote the region’s economy and make its potential and investment opportunities known to foreign business community. The forum, themed “The Dakhla-Oued Eddahab region, future growth hub for international companies,” aims to promote business networking between […]

Business Finance

Int. airlines promised to receive some of their funds trapped in Nigeria

The Central Bank of Nigeria said (26 August) it has made US$ 265 million available for release to international airlines shortly after the Dubai-based Emirates airline announced that it has put a hold on flight operations in and out of Nigeria due to its inability to repatriate funds from the West African country. The money […]

Business Finance

Africa’s crypto challenges: crackdown, ban or regulation in wake of rising scams

Despite rising interest all across the continent, trade in cryptocurrencies remains banned — in part due to concern about soaring losses arising from crypto scams — by most African governments save for the Central African Republic (CAR). The latest Chainalysis report indicates that losses arising from cryptocurrency scams rose by 60% in the first seven […]

Business Emerging Markets

Côte d’Ivoire plans to increase to 30 per cent domestic production of medicine by 2025

Côte d’Ivoire is mulling plans to bring to 30 per cent the national production of medicine by 2025, up from current 6 per cent, Health Minister Pierre N’Gou Dimba said last Sunday. “In the roadmap that the President of the Republic gave me as Minister of Health, it is to increase from 6% to 30% […]

Finance Headlines Tunisia

Tunisians queue for basic commodities as shortages worsen

Queues have become a new reality in Tunisia which faces a shortage of fuel, sugar, rice, cooking oil, butter, semolina, bottled water and even coffee, local media reported. The shortage of fuel and foodstuff is the utmost reflection of the disarray the Tunisian economy faces as public debt widens to unsustainable levels and talks for […]

Business Headlines Maghreb Morocco Tunisia

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

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 unjustified provocative action against Morocco. It is inconceivable that Moroccan financial and services companies, which employ thousands of people in Tunisia, will continue making business as usual amid a serious […]

Business Europe Headlines International Morocco

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

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 General of Fertilizers Europe. Hansen made the remarks to European press as the global battle for fertilizer, a vital commodity for food production, has emerged as one of the by-products […]