Africa Emerging Markets Headlines International Morocco

Morocco leader in electronic security in Africa – Global Digital Quality of Life Index

Morocco ranks first in Africa in matters of electronic security, as revealed in the 2023 edition of the global Digital Quality of Life Index, established by Surf Shark, a security company based in Amsterdam. The Kingdom has also advanced two spots globally compared to the previous ranking. According to the authors of the DQL Index, […]

Africa Emerging Markets Energy Headlines International

Namibia: how Africa’s newest petro-state can avoid resource curse

Last year’s discovery off the shores of Namibia of an estimated 11 billion barrels of crude holds the promise of untold riches for this nation of 2.7 million people, but capitalizing on the bounty while avoiding the ills that afflict resource-rich countries in Africa — a phenomenon known as ‘resource curse’ — may prove challenging. […]

Americas Emerging Markets Headlines International Morocco Technology

Moroccan University Wins 5 Gold Medals at IWA 2023

The Mohammed V University of Rabat won five gold medals and 13 innovation masters at the World Creativity & Innovation Week “IWA 2023”, held online last week in Las Vegas. The awards were presented to Professor Hassan Ammor, director of the Mohammadia School of Engineering (EMI) and his team, made up of Samiya Qanoune, Zakaria […]

Community Emerging Markets Europe Headlines International Morocco

Morocco-Germany: Seminar on cooperation development held in Berlin

The development of Moroccan-German cooperation was the focus of a seminar held in Berlin on Friday by the German-Moroccan Skills Network “DMK”. The meeting, placed under the theme “Strategic dialogue to promote development cooperation”, was held as part of the commemoration of the 60th anniversary of the signing of the cooperation agreement between Morocco and […]

Africa Business Headlines International

Intra-Africa trade remains ‘difficult’ amid forex shortage, poor infrastructure — Standard Bank’s report

Intra-country trade in 10 key African countries remains difficult amid currency volatility and international capital flight, as business struggle to find the foreign currency, most notably the dollar, needed to pay for imports, according to the 2023 Standard Bank Africa Trade Barometer (ATB). The key finding in the study conducted by Standard Bank, Africa’s largest […]

Africa Energy Headlines International

Nigeria secures $13bn oil and gas investment

Nigeria has successfully attracted a total of $13 billion in investment commitments in its oil and gas sector from major international energy companies, according to Olu Verheijen, the special adviser on energy to the country’s President Bola Tinubu. Verheijen said that she has partnered with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and they have […]

Africa International

CAR: Ex-president Bozizé handed life sentence in absentia

Central African Republic’s (CAR) exiled former President François Bozizé, who became a rebel leader, has been sentenced in absentia to forced labor for life for conspiracy and rebellion, the country’s authorities said on Friday (22 September). A judgement from the CAR’s justice ministry said the ex-president was sentenced on Thursday (21 September). Two of Bozizé’s […]

Europe Finance Headlines International Morocco

Earthquake: Germany ready to support Morocco’s reconstruction efforts

The German Federal government has voiced readiness to support Morocco’s reconstruction of the Atlas Mountain villages destroyed by the devastating earthquake that hit the country on Sept.08. The supportive stand was expressed Thursday by German State Secretary Jochen Flasbarth in a tweet posted following his meeting in Rabat with Moroccan foreign minister Nasser Bourita He […]

Africa Business Headlines International

Coup contagion fears threaten new investment, ratchet up interest rates in Africa — experts

The apparent coup trend in Africa, creating a belt of countries that now stretches from the Atlantic Ocean to the Indian Ocean, is adding to other major concerns deterring many investors from the continent — a wave of debt crises, tense geopolitics, and an extreme vulnerability to climate change. There have been nine coups in […]

Africa Finance Headlines International

Senegal gets €76m credit facility from WADB for two development projects

Senegal has secured a €76-million credit facility from Lome-based West African Development Bank (French acronym BOAD) for the implementation of two development projects. The bank okayed the loan during its 137th extraordinary summit that took place on September 20 in Cote d’Ivoire. The first project, valued at €23 million, concerns the construction and exploitation of […]