Africa Energy Headlines International Morocco

AIF-2019: Moroccan to Chair Steering Committee of AfDB Desert to Power Initiative

Mustapha Bakkoury, CEO of the Moroccan Agency for Sustainable Energy (Masen), was appointed, Tuesday in Johannesburg, chairman of the steering committee of the “Desert to Power” initiative, which aims to develop the use of renewable energy in several African countries. The appointment took place on the sidelines of the second edition of the Africa Investment […]

Africa Business Headlines International Morocco

Morocco’s Wafa Assurance acquires 65% of Cameroon insurer Pro Assur

Moroccan insurance company Wafa Assurance said it completed the acquisition of 65% of Cameroon’s Pro Assur, a company created in 2000. The transaction, taking the form of share acquisition and capital increase, was approved by Cameroon’s and Morocco’s regulatory authorities, Wafa Assurance said in a statement. The deal is meant to help Pro Assur develop […]

Africa Business Headlines International Maghreb Morocco

AIF 2019: Morocco highlights its attractiveness in Johannesburg

A strong Moroccan delegation is taking part in the second edition of the Africa Investment Forum, or the African Davos as it is called, to present to African and international investors the assets of Morocco, and also to expound the key role it plays in the promotion of the continent’s development. On the opening day […]

Africa Headlines International

Cameroon: Paul Biya set February 2020 for legislative polls

Cameroon’s presidency announced on Sunday that parliamentary elections will be held in the first quarter of 2020. The elections were postponed twice due to growing threats from armed separatists in the two English-speaking regions and attacks from Boko Haram terror group in the country’s farthest Northern region. Separatists have vowed to disrupt the elections in […]

Africa Europe Headlines International

Interpol rescues 64 human trafficking victims in Mali

In Mali, Police forces have rescued some 64 victims of human trafficking and people smuggling in an operation in coordination with Interpol, local media reported. The victims were women and girls targeted for sexual exploitation and forced labor in the mining sector and forced begging, Interpol said in a statement. “Police also conducted raids at […]

Africa Business Headlines International Tunisia

African countries discuss foreign currencies & monetary independence in Tunisia

A three-day international Conference opened in Tunis on Nov 7. Entitled “Quest for Economic and Monetary Sovereignty in 21st Century Africa: Lessons and Prospects”. This conference gathers economists, financials, businessmen, experts and leaders of opinion from African countries and from all over the world. Foreign currencies and monetary independence are the main issues on the […]

Africa Headlines International

African Countries, the Least Connected in the World – ITU

Sub-Saharan Africa has the highest number of people offline out of the 3.6 billion without access to internet connection, a new report by the International Telecommunications Union, ITU, has revealed. According to the report, Europe is the region with the highest Internet use (82.5 per cent), while Africa is the region with the lowest (28.2 […]

Africa Business Europe Headlines International Morocco

Second EU-Africa Business Summit Convenes in Marrakech

Following the successful first edition, the EU-Africa Business Summit returns to Marrakech November 28-29, with the participation of influential African and European policymakers, business leaders and experts. Over two days, the Summit will provide a platform for engaging debates, high-level panel discussions and inspiring sharing and steering sessions on industrialization and value chain development, rural […]

Africa Americas Egypt Headlines International

Negotiations on Renaissance Dam in Washington went well

Delegations from Egypt, Ethiopia, and Sudan met in Washington on Wednesday around President Donald Trump to continue discussions over the Grand Ethiopian Renaissance Dam (GERD). The meeting was extended to the US Secretary of the Treasury and the President of the World Bank. President Trump said in a tweet that “the meeting on the Grand […]