Africa Finance Headlines International Maghreb Morocco

Morocco Hosts Africa Blockchain Summit 2019

The second Africa Blockchain Summit (ABS 2019) will be held in Morocco’s capital city of Rabat Nov.21 under the theme: “Blockchain at the service of the financial sector”. The event is organized by Bank Al-Maghrib (Central bank) and Paris Europlace in cooperation with HPS and Talan. It will bring together central banks, monetary and financial […]

Africa Headlines International Morocco

Morocco, Rwanda Agree to Step up Cooperation in Poultry

Morocco and Rwanda have agreed to bolster their cooperation in poultry industry which plays a key role in ensuring food security in the African continent. The agreement was inked, on Wednesday in Kigali, by Mohamed Youssef Alaoui, Head of Moroccan Poultry Federation and Andrew Butare, President of Rwandan Poultry Industry Association. The signatories pledge to […]

Africa Finance Headlines International Maghreb Morocco

Morocco’s Banque Centrale Populaire acquires majority shares in Cameroon’s BICEC bank

Morocco’s Banque Centrale Populaire, BCP, has acquired 68.5 per cent of Cameroon’s Banque Internationale du Cameroun pour l’épargne et le crédit (BICEC). Till that acquisition, the assets were owned by French group BPCE (Banque Populaire et Caisse d’épargne).   The deal was signed Tuesday at BICEC headquarters in Douala, Business in Cameroon reports. Kamal Mokdad, […]

Africa Business Headlines International

Three African countries named rising stars of global trade

Standard Chartered which has recently released its Trade20 Index, identifying the 20 world economies with the greatest potential for commercial growth, has listed three African countries as rising stars of global trade. These are Côte d’Ivoire (top), Kenya (3rd) and Ghana (13th). The study, which examined 66 markets around the world, found that while existing […]

Africa Asia Headlines International Maghreb Morocco

Morocco’s King Calls on Islamic Countries to Take Joint Action against Climate Change

King Mohammed VI has called on Islamic countries to adopt a common action to counter the challenges of climate change, saying no single country, whatever its capabilities, can effectively address the pressing environmental problems and their negative effects which go beyond geographic borders. In a message addressed to the 8th Islamic Conference of Environment ministers, […]

Africa Business Headlines International

Côte d’Ivoire: Tourism contributes up to 6.25% to GDP

Tourism is currently contributing about 6.25% to Côte d’Ivoire’s GDP thanks to the current tourism infrastructure and investments, Ivorian Minister of Tourism, Siandou Fofana said. According to the minister, the government is now focusing on the strategy “Sublime Côte d’Ivoire” whose implementation, “will list the country among the Top 5 African tourism destinations by 2025.” […]

Africa Energy Headlines International

Climate change: Nigeria gets €150 million from the EU

The European Union has allocated Nigeria €150 million to help the West African nation meet the challenges of climate change. According to Ketil Karlsen, the head of the EU delegation in Nigeria, the funding will be mainly used to develop renewable energy projects. The EU official also announced that another €8 million will be earmarked […]

Africa Europe Headlines International

France supports Sudan’s transitional government; to host conference with Khartoum’s international creditors

France has voiced “unconditional support for the democratic transition” in Sudan and vowed a €60 million aid, including 15 million that will be made available very quickly. President Emmanuel Macron of France made the announcement Monday after a meeting in Paris with Sudanese Prime Minister Abdallah Hamdok, whose government is tasked with leading the country’s […]

Africa Headlines International Maghreb Morocco

Sahara: Pdts of Burkina Faso, Comoros, Sao Tome & Principe Back UN-Exclusive Process

The Presidents of Burkina Faso, Comoros and Sao Tome and Principe have expressed , at the UN General Assembly, strong support to the process initiated under the exclusive auspice of the United Nations to reach an enduring political solution to the Sahara issue. “Burkina Faso reiterates its support for the ongoing political process, led under […]

Africa Headlines International

Senegalese President Pardons Jailed Mayor

Senegalese President Macky Sall has pardoned the former mayor of Dakar, Khalifa Sall, who was jailed in 2018 on corruption charges. The former mayor was arrested in March 2017 on suspicion of embezzling 1.8 billion CFA francs ($3 million) in public funds. Last year, he was sentenced to five years in jail. Khalifa Sall said […]