Africa Finance Headlines International

World Bank disburses 1.149 billion FCFA to support victims of floods in the Senegal River Valley

The World Bank is collaborating with Senegal to address severe flooding in the Senegal River Valley, exacerbated by exceptional rainfall and the influence of the Manantali and Diama dams. In this vein, the World Bank has stepped in with 1.149 billion FCFA through the Senegal River Valley Development and Resilience Project, the organization announced. The […]

Africa Emerging Markets Finance Headlines International

Bridging the gap: multibillion-dollar FASA fund to finance agri-SMEs in Africa

Norway, South Korea, the United Kingdom, and the United States have officially launched a multi-donor “fund of funds”, known as FASA, whose aim is to address the financing challenges faced by agricultural small and medium-sized enterprises (agri-SMEs) across Africa. Over the next 10 years, the “Financing for Agricultural Small and Medium Enterprises in Africa” Fund, […]

Americas Culture Headlines International Morocco

Azoulay highligts Morocco’s exceptional position among Nations before WINEP delegation

Moroccan King’s Advisor and Founding President of Essaouira-Mogador Association, André Azoulay, highlighted earlier this week in Essaouira, the specificity and coherence of Morocco’s strategy in the Mediterranean and among nations, during a working session with the management team of the Washington Institute for Near East Policy (WINEP). Gathered at Bayt Dakira, more than thirty directors […]

Africa Features Headlines International

UN report reveals widespread job losses across Africa, deepening unemployment crisis

A new United Nations report has unveiled a troubling trend in global unemployment, with African nations bearing a disproportionate burden of job losses between 2018 and 2023. Eight African countries rank among the world’s 22 nations experiencing the most severe unemployment increases, according to the World Social Report 2024. The findings, released by the UN […]

Algeria Headlines International Maghreb Morocco

UN Security Council foils Algeria’s maneuvers to eschew responsibility on Sahara issue

Algeria tried in vain to omit itself from being mentioned in the latest UN Security Council resolution on the Sahara that called on it to resume roundtables as a main party to the Sahara conflict. The resolution renewing the mandate of the UN mission in the Sahara, considered 2007- the year Morocco submitted its autonomy […]

Asia Culture Headlines International Morocco

Dar Al Maghreb Pavilion in Doha inaugurated by Princess Lalla Hasnaa, Sheikha Al Mayassa Bint Hamad Al-Thani

Princess Lalla Hasnaa, accompanied by Sheikha Al Mayassa Bint Hamad Al-Thani, inaugurated, on Friday in Doha, Morocco’s “Dar Al Maghreb” pavilion, a space dedicated to Moroccan culture and history, set up to mark the Qatar-Morocco 2024 Year of Culture. The pavilion, focal point of this cultural event that celebrates the exceptional relationship between Morocco and […]

Emerging Markets Headlines International Mauritania Morocco

Morocco, Mauritania determined to upgrade their military cooperation

Morocco and Mauritania have voiced their shared determination to upgrade their military and defense cooperation. This came during a meeting held in Marrakech between Inspector General of the FAR and Commander of the South Zone, Mohammed Berrid, and Mauritanian Minister of Defense Hanena Ould Sidi, on the sidelines of Marrakech Air Show 2024. The meeting […]

Africa Headlines International

Totalenergies divests from South Africa’s offshore gas

French energy giant Totalenergies divested from its offshore gas operations in South Africa due to the lack of a gas market in the country. There was no South African market to be able to monetize any gas found, said CEO Patrick Pouyanne after the French company reported its third quarter results. The move by Totalenergies […]

Asia Business Energy Headlines International Morocco

Gotion Power Morocco partners with Acwa power in $800mln wind project

Gotion Power Morocco, a subsidiary of Chinese giant Gotion High Tech, signed a deal under which Saudi Arabia’s ACWA Power will build a 500MW wind plant, worth 800 million dollars. The plant will be equipped with 2000 MW battery storage system and will help power the EV battery plant that Gotion Power Morocco is building […]

Algeria Americas Columns Europe Headlines International Morocco

Sahara/UN: Washington & Paris support for Morocco’s autonomy plan knocks out Algerian regime

The delusional and autocratic Algerian regime has suffered in New York its worst ever diplomatic setback at the UN Security Council over the Sahara issue. Serving as a non-permanent member at the Security Council for a limited period, the reckless Algerian rulers, who are suffering from delusions of grandeur, thought their country has become a […]