Africa Business Headlines International Morocco

E-Health: Orange & AXA Insurance Morocco buy DabaDoc platform

Orange Middle East and Africa and AXA Assurance Maroc have acquired a majority stake in DabaDoc, the Moroccan health-tech company digitalizing access to healthcare in Africa. The financial terms of the transaction, announced Monday, have not been disclosed. DabaDoc, which was set up in 2014, is an online platform offering access to healthcare services in […]

Africa Business Finance Headlines International Morocco

Morocco, among leading investors in Africa – AMDIE/ Mazars

The kingdom of Morocco has emerged as one of the leading international investors in Africa with foreign direct investment (FDI) valued at about $4 billion according to a report by the Moroccan Agency for Development of Investment and Export (AMDIE) and France-based consulting firm, Mazars. The report, dubbed “Analyse de l’investissement en Afrique en 2020 […]

Africa Business Headlines International Morocco

More than 1 million African farmers benefited from OCP programs

Morocco’s phosphates and fertilizer producer OCP has over the last 6 years launched a program aiming at bringing customized fertilizers closer to the African market with fair prices and has rolled out training programs on best practices to improve output benefiting so far 1 million African farmers. The goal was to support the African farmer […]

Africa Headlines International

Togo hosts convention on Eco, the future West African currency

Nearly 200 guests are gathered in Lomé as of this Wednesday to discuss the transition from the CFA to the Eco new currency, decided on December 21, 2019 in Abidjan by the French and Ivorian presidents, Emmanuel Macron and Alassane Ouattara. The plan is for this currency to eventually replace the CFA franc in the […]

Africa Headlines International

Interpol supports African countries against cybercrime

Interpol has set up a new cybercrime operations desk to boost the capacity of 49 African countries to fight cybercrime and internet fraud. The Africa desk will help shape a regional strategy to drive intelligence-led coordinated actions against cybercriminals and support joint operations.   The Interpol’s move, which is supported by UK, comes amid an […]

Africa Headlines International Morocco

Moroccan diplomat calls for pooling efforts to build a stable & prosperous Africa

African countries must pool their efforts and share their experiences for a safe, stable and prosperous continent, stressed Moroccan ambassador to South Africa, Youssef Amrani.   “Morocco has always been an active player in the African continent. We are not Africans only by geography, we are Africans by our history, by our spiritual links with […]

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Morocco warns US of Iran’s ‘strategic opportunism’ in Africa- US pundit

The US should consider Morocco’s warnings regarding Iran’s strategic offensive on the continent, said Ilan Berman, Senior Vice President of the American Foreign Policy Council in Washington.   The alert comes as the US reviews its foreign policy towards Iran and the North African country, which has severed ties with Tehran accusing it of supporting […]

Africa Business Finance Headlines International Morocco

Morocco’s OCP secures a $350 million loan facility from Afreximbank

Morocco’s phosphate group, OCP, has secured a $350 million loan facility from the African Export-Import Bank (Afreximbank) that will support the Group’s expansion plans across Africa. The Pan-African multilateral EXIM Bank announced earlier this week the signing of the 7-year $350 million term loan facility to provide financing to OCP Group. The bank, through its […]

Africa Americas Headlines International Morocco

Settlement of Sahara conflict conducive to peace, development, prosperity in whole region, letter to President Biden outlines

Joining their voice to that of politicians and elected representatives from Africa, Europe and Latin American, civil society activists have also stressed the importance of supporting the Moroccan autonomy initiative as a serious, credible and objective mechanism and as the only basis to achieve a just and lasting solution to the artificial conflict over the […]

Africa Headlines International Morocco

FIFA chief commends King Mohammed VI for his commitment to developing Moroccan Football

President of the International Football Federation (FIFA) Gianni Infantino who paid a two-day visit to Morocco commended King Mohammed VI “for his enthusiasm and commitment to the development of Moroccan football”. “Without the commitment of HM King Mohammed VI and the serious work carried out by the Moroccan Royal Football Federation as well as the […]