Africa Business Headlines International

TICAD VII: UNIDO, FAO launch initiative to accelerate youth employment in Africa’s agricultural sector

The United Nations Industrial Development Organization (UNIDO), the Food and Agriculture Organization of the United Nations (FAO) and the African Union (AU), together with numerous additional partners, have launched the Flagship Initiative to Accelerate Youth Employment in Agriculture and Agribusiness in Africa. The Initiative was launched Thursday on the sidelines of the seventh Tokyo International […]

Americas Finance Headlines International Maghreb Tunisia

USAID donates Tunisia $335mln to finance democratic transition, economic development

The United States has granted Tunisia a donation worth $335 million to finance projects and programs designed to boost economic and social development through encouraging entrepreneurship and improving governance. The donation is part of a US cooperation and support program extending over a five-year period (2019-2024), says TAP news agency. The Aid will fund projects […]

Africa Asia Business Headlines International

Toyota to install a car assembly plant in Côte d’Ivoire

Japan’s car company Toyota will soon set up a car assembly plant in Côte d’Ivoire. This is the purpose of an agreement the company signed Thursday August 29 in Yokohama, Japan, with the Ivorian government. The document was signed by the Ivorian transport minister, Amadou Koné, and the CEO of Toyota, Ichiro Kashitani, on the […]

Asia Finance Headlines International Maghreb Morocco

Moroccan, Japanese Banks sign partnership agreement on sideline of TICAD summit

Two of Morocco’s leading banking groups, Banque Centrale Populaire and Attijariwafa Bank, have signed partnership agreements with Japanese banking institutions, on the sidelines of the 7th Tokyo International Conference on African Development (TICAD-VII), currently held in Yokohama. Thus, Banque Centrale Populaire, BCP, and Japan’s second largest banking group Sumitomo Mitsui Banking Corporation (SMBC) signed, on […]

Africa Asia Business Headlines International

Japan vows to boost private sector investment in Africa

Japanese Prime Minister Shinzo Abe on Wednesday said his country will offer enhanced trade insurance to boost private sector investment in Africa. Abe made the statement at the opening ceremony of the Tokyo International Conference on African Development opened in Yokohama on Wednesday. The meeting attended by a few dozen African leaders and representatives of […]

Africa Asia Business Headlines International Morocco

Over 20 African presidents in Japan for TICAD7

Over twenty African leaders are participating in the seventh edition of the Tokyo International Conference for African Development (TICAD) summit that opened proceedings Wednesday in Yokohama, Japan. The summit, held under the topic “Advancing Africa’s Development through People, Technology and Innovation” is attended by more than 4,500 delegates. Morocco is represented at the event by […]

Finance Headlines Morocco

Morocco’s Attijariwafa Bank Signs Integrity Agreement with GCF

Attijariwafa Bank, one of Morocco’s largest banks, has signed a Memorandum of Understanding (MoU) with the Independent Integrity Unit (IIU) of the Green Climate Fund (GCF) to cooperate and consult on integrity matters. The agreement covers information-sharing, joint investigations and collaborations, as well as capacity-building support with the Bank’s Compliance Office. The MoU will complement […]

Africa Europe Finance Headlines International

G7 leaders approve $251 million in support of women in Africa

The G7 leaders have approved about $251 million in support of the African Development Bank’s AFAWA initiative to back women entrepreneurs in Africa.   French President Emmanuel Macron, as the current G7 president, made the announcement to reporters on Monday. He said the AFAWA initiative, comes from an African organization, the African Development Bank, which […]

Finance Headlines Maghreb Morocco

Maroc Telecom to invest 10 billion dirhams to develop telecommunications

Maroc Telecom announced Monday it will invest 10 billion dirhams over the coming three years to promote telecommunications in Morocco. “As part of its proactive investment policy, Maroc Telecom has signed the sixth investment agreement with the Government for the development of telecommunications in the Kingdom,” said the leading telecom operator in a statement. “Under […]

Asia Business Headlines International Maghreb Morocco

Japan reaffirms its rejection of separatism in Maghreb

Japan was the latest in a series of global powers that strongly reiterated their rejection of the Algerian-backed separatism in southern Morocco. The Japanese stance on the Sahara issue was expressed by Middle East and North Africa director at the foreign ministry Katsuhiko Takahashi who reaffirmed his country’s non-recognition of the Polisario self-declared SADR republic, […]