Africa Emerging Markets Finance Headlines International Morocco

AfDB garners $29.2 billion in its investment forum in Rabat

Curtains fell on the Africa Investment Forum in Rabat which helped the African Development Bank (AfDB) mobilize a total funding of $29.2 billion for 47 projects, covering critical areas such as water supply, energy, transport, mining, pharmaceuticals, private equity, tourism, and infrastructure. The event drew 2,300 investors and delegates from 83 countries, AfDB chief Akinwumi […]

Africa Business Emerging Markets Headlines International Morocco

Rabat to host Africa Investment Forum in December

The Africa investment forum, which mobilized so far investments totaling 180 billion dollars, will hold its flagship event in Rabat on December 4-6, the African Development Bank (AfDB) said. Dubbed “Market Days,” the event will bring together investors, private sector firms on the continent together with government officials and international financial institutions. Since its creation […]

Emerging Markets Europe Finance Headlines International Morocco

Mohammed VI Fund for Investment, EIB sign new €500M financing package

the European Investment Bank (EIB) will extend the Mohammed VI Fund for Investment (FM6I) a new financing package worth €500 million. The Mohammed VI Fund for Investment (FM6I) and the European Investment Bank (EIB) have signed a mandate letter covering a financing package of 500 million euros for the Fund. The financing-related mandate letter, signed […]

Africa Business Columns Emerging Markets Headlines International Morocco

Africa Investment Forum: Morocco’s King Calls for Boosting Entrepreneurship to unleash Africa‘s Full Potential

King Mohammed VI has called for bold and innovative initiatives to encourage private entrepreneurship avail the huge business opportunities offered in the African Continent. In a message addressed to participants in the 4th Africa Investment Forum, which opened in Marrakech under the theme: “Unlocking Africa’s Value Chains”, the Monarch urged African countries to adopt an […]

Business Features Finance Headlines

Africa agribusiness set to become $1 trillion ‘new oil’ industry by 2030 — AfDB

Africa’s agribusiness sector is expected to grow to become a $1 trillion industry by 2030, participants at a recent Africa Investment Forum (AIF) have concluded, predicting that agribusiness will become a catalyst in driving the economy on the continent. Leaders of Africa’s top agribusiness companies, who shared their thoughts on the future of the industry […]

Business Finance Headlines International

Africa Investment Forum kicks off in Abidjan

The third edition of the Africa Investment Forum (AIF) kicked off Wednesday in Abidjan, the economic capital of Côte d’Ivoire, with the participation of officials and representatives of many countries, including Morocco. Morocco is represented at this event by a delegation of the National Office of Hydrocarbons and Mines (ONHYM) chaired by its Director General […]