The Bankers Association for Finance and Trade (Baft) has launched earlier this June a regional Africa council, bringing together senior banking leaders from institutions across the continent to provide guidance for the association’s members locally. The council will look to address common challenges faced by banks in Africa, including capital treatment for trade finance, transition […]
Africa
Moroccan medical aid to the African Union Commission received in Addis Ababa
Moroccan medical aid destined to the African Union Commission, in the context of the aid granted to several African countries, at the high instructions of King Mohammed VI, arrived Monday morning in Addis Ababa. The Moroccan medical aid meant to support African countries in their efforts to fight the coronavirus pandemic, was received at Bole […]
Morocco’s Noor Ouarzazate supports Africa’s Energy Transition – AfDB
Morocco’s Noor Ouarzazate solar complex, one of the largest solar parks in the world, is playing a key role in Africa’s energy transition, the African Development Bank (AfDB) says in a report posted on its website. Such projects, which aim to provide Africa with energy while preserving the environment, help lay the foundations for more […]
Royal humanitarian initiative for Africa, a tangible manifestation of regional solidarity – WHO
The World Health Organization (WHO) has commended the initiative of King Mohammed VI to grant medical aid to African countries as an act of benevolent generosity and a genuine and tangible manifestation of regional solidarity, in the fight against the Covid-19 pandemic. “The generosity of HM King Mohammed VI in sending medical aid to the […]
Zambia loses a third of mining revenues to Covid-19
The mining industry in Zambia, the country’s main provider of foreign exchange, brought in $60 to $65 million from February to April, compared to the $90 million expected. Zambia is the second largest copper-producing country on the continent. Severe global restrictions on movement have hit mining supply chains and hindered the export and sale of […]
Somalia, Somaliland sign a compromise after days of negotiation
A historic summit between Somalia and Somaliland ended Thursday in Djibouti with the signing of a five-point compromise including a code of conduct, a commitment to build confidence, and a promise to implement previous agreements on investment and humanitarian aid. The compromise was reached after several days of negotiations between the Somaliland President Muse Bihi […]
Kenya to sit as non-permanent member at UN Security Council in 2021-2022
The UN General Assembly on Thursday elected Kenya to fill an African seat on the Security Council in 2021-2022. Kenya will replace South Africa in January. The seat was viewed by another candidate, Djibouti, which lost in a second round of vote. In a departure from previous years when African countries used to choose a […]
China-Africa Summit: Polisario & Algeria Suffer another Diplomatic Setback
The Chinese government has excluded the polisario from the extraordinary China-Africa summit 2020, dealing a hard blow to the polisario and Algerian rulers who are disoriented and disheartened to see that all schemes hatched against Morocco’s territorial integrity are falling apart. Fearing to irk Beijing, Algerian President, Abdelmajid Tebboune did not utter a word on […]
Royal humanitarian initiative, African solidarity on the move
The royal initiative to provide humanitarian aid to African countries to help them in their efforts to fight the coronavirus pandemic has attracted world attention and continues to prompt praise for King Mohammed VI and for Morocco. African leaders have commended the royal gesture, Western capitals have praised it, and international media have largely relayed […]
US welcomes Morocco’s leadership in fight against COVID-19
The United States has joined the list of countries that commended Morocco’s humanitarian initiative to support several African states in their fight against COVID-19. The US embassy in Morocco tweeted Monday its appreciation for the Moroccan government’s initiative, stating that the US welcomes Morocco’s “leadership in the fight against COVID-19.” “We commend Morocco’s leadership in […]









