Africa Business Headlines International

Despite its mineral wealth, Africa accounts for only 2.4% of global GDP — ECOWAS

Africa accounts for only 2.4% of global Gross Domestic Products (GDP), although the continent has approximately 30% of the earth’s remaining mineral resources, Economic Community of West African States (ECOWAS) revealed last week. Despite Africa’s disproportionately low share of the global GDP, the continent has the largest reserves of precious metals with over 40% of […]

Africa Energy Europe Headlines International

New EIB study confirms Africa’s €1 trillion green hydrogen potential

Harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, and transform access to clean water and sustainable energy, according to a new report by the European Investment Bank (EIB). Africa could make $1.1 trillion from the sale […]

Business Europe Headlines International Morocco

MoU on cybersecurity signed in Rabat

A memorandum of understanding relating to an investment project in the outsourcing sector was signed This week in Rabat between the Ministry of Digital Transition and the French Thales group. Under the MoU, the French entity is committed to invest more than 350 million dirhams in the cybersecurity sector, through the establishment of a nearshore […]

Africa Business Emerging Markets International

Côte d’Ivoire, Ghana cocoa growers step up fight to improve farmers’ pay

Although Côte d’Ivoire is the world’s top cocoa producing country, accounting for around 45% of the global cocoa beans production, the country receives just 4% of the chocolate industry’s estimated annual returns worth $100bn. Being on the “front lines of the climate crisis,” cocoa farmers in the region harvests suffer, so do their livelihoods, according […]

Business Emerging Markets Headlines International Morocco

Morocco’s Mohammed VI International University Hospital obtains ISO 9001 V-2015 certification

The Mohammed VI International University Hospital of Bouskoura has obtained ISO 9001 V-2015 certification. Through this new certification, the Hospital is thus strengthening its commitment to a policy of continuous improvement in the quality and safety of care. The hospital’s approach is centered on “patients” and is essentially based on respect for their rights and […]

Headlines International Morocco

FIFA: Yassine Bounou among seven candidates vying for the Best Goalkeeper Award 2022

Moroccan international Yassine Bounou, Goalkeeper of the Spanish club Sevilla, is on the award’s list for the best goalkeeper in the world in 2023. The International Federation of Football Associations (FIFA) revealed Thursday the seven best goalkeepers in the world, who compete for the award for the best in the world. The list includes the […]

Africa Community Headlines International

Comoros to assume Africa Union chairmanship in 2023

Comoros will assume for the first time the chairmanship of the African Union in 2023 as Senegal’s mantle comes to end this month. The island takes the new role after the contender Kenya pulled out its bid, Africa News reports. President Azali Assoumani and his Kenyan counterpart William Ruto had been separately lobbying for the […]

Africa Headlines International

Ghana, Burkina Faso re-affirm cooperation to fight terrorism against backdrop of diplomatic crisis

Ghana Thursday announced commitment to deepen cooperation with Burkina Faso in the fight against terrorism in the sub-region after a brief diplomatic crisis between the two. The move came following a one-day visit to Burkina Faso of Ghana’s home security Minister Albert Kan-Dapaah, during which he conveyed a message from President Akufo-Addo to the Burkinabe […]

Asia Features Headlines International Morocco

Pakistan invites Morocco to take part in naval exercise Aman-2023

Pakistan has invited Morocco to take part in the 8th Naval Exercise Aman (Peace) to be organized in February next year by this South-Asian Muslim country. The invitation was extended during a visit paid by Chief of Pakistan Naval Staff Admiral Muhammad Amjad Khan Niazi to the North African Kingdom, according to press reports. During […]

Asia Business Emerging Markets Headlines International Morocco

Automotive Industry: Japanese Sumitomo strengthens its presence in Morocco; targets 16,000 new jobs by 2028

The Japanese Sumitomo corporation intends to expand its operations in Morocco with the launch of nine new industrial units for the manufacturing of wiring and components in different regions of the Kingdom for a total investment of 1.96 billion dirhams. The framework agreement between Morocco and Sumitomo corporation for the development of these industrial projects […]