Business Emerging Markets Europe Finance Headlines International Morocco

Casablanca Stock exchange showcases its assets in London

Officials from the Casablanca Stock exchange held meetings with investors in London to showcase the competitive advantages it offers as well as Morocco’s business climate. The bourse has a pivotal role to play in funding Moroccan enterprises and it is set to attract more companies seeking better financing opportunities, including SMEs, Casablanca Stock Exchange head […]

Asia Egypt Finance Headlines International

Japan pledges over $700 million for Cairo’s fourth metro line

Japan will finance the construction of Cairo’s fourth metro line to the tune of $700 million. The announcement was made Sunday during a visit to Egypt by the Japanese Prime Minister Fumio Kishida. This Japanese investment is one of the largest packages to support the plan to develop transportation in Egypt. The fourth phase of […]

Africa International

Senegal reports first Crimean-Congo hemorrhagic fever fatality

Senegal Sunday registered the first death of Crimean-Congo hemorrhagic fever (CCHF), a widespread disease caused by a tick-borne virus (Nairovirus) of the Bunyaviridae family. The ministry of Health in a statement indicated that a patient who tested positive to the virus causing hemorrhagic fever, died at a local hospital on outskirt of capital Dakar. The […]

Africa Business Emerging Markets Europe Headlines International

Africa’s booming oil exports to Europe to result in more pollution

Majority of oil trade routes are now at least five times longer as supplier and buyer dynamics have changed dramatically after the Western sanctions imposed on Russia over its invasion of Ukraine, raising the prospect of increased emissions. Most pre-war oil trade routes that took 5-6 days prior to the Russia-Ukraine war can now take […]

Africa Headlines International

First humanitarian aid plane lands in Sudan

A first plane loaded with “eight tons” of aid including “surgical equipment” landed on Sunday in Sudan where it should allow “to treat 1,500 patients” in the country where most hospitals are out of order because of the fighting between the two rival generals. The plane, which also carries humanitarian personnel, took off from Amman […]

Africa Emerging Markets Energy Europe Headlines International

Nigeria’s NNPC, Norway’s Golar ink MoU to build floating LNG plant

The Nigerian National Petroleum Company (NNPC) Ltd, Africa’s biggest oil producer, has signed a memorandum of understanding (MoU) with a Norwegian company to build a floating LNG plant in the West African country to boost its domestic supplies and exports. Nigeria’s state oil giant has inked the MoU with Golar Liquefied Natural Gas Energy (GLNG) […]

Asia Columns Emerging Markets Finance Headlines International Morocco

Morocco’s King urges Arab financial institutions to pool efforts in face of global economic, climate challenges

King Mohammed VI of Morocco said Arab financial institutions should pool effort to address economic challenges in a context of geopolitical tensions and inflationary pressures while working together to fund climate action and concessionary finance in the region. To rise up to global challenges and risks to energy and food security in particular, “we clearly […]

Africa Headlines International Morocco

Third group of 154 Moroccans repatriated from Sudan Friday

A third plane of Royal Air Maroc coming from Sudan landed early Friday afternoon at Mohammed V International Airport, carrying 154 Moroccan nationals and a Senegalese student evacuated from Sudan, after the deterioration of the security situation in this country. A total of 293 Moroccans had arrived Wednesday from Sudan in two RAM flights carrying […]

Africa Headlines International Morocco

Mysterious disappearance of two Moroccan Cyclists in Burkina Faso

Two Moroccan cycling adventurers remain missing after entering Burkina Faso on their way to Niger, raising many questions on their whereabouts and sparking fears over their fate. The Moroccan Embassy in Ouagadougou is working with local authorities to solve the mystery of the two Moroccan nationals, Abderrahmane Serhani and Driss Fatihi, who vanished between Burkina […]

Africa Business International

Côte d’Ivoire, The Gambia ink three agreements

Côte d’Ivoire and The Gambia signed Thursday three agreements spanning several areas. Ivorian President Alassane Ouattara made the announcement following a meeting with his visiting Gambian counterpart Adama Barrow. The agreements, Ouattara told the media, touch on air cooperation that will lead to flight connection between the two countries via the national carriers of both […]