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 […]

Africa Europe Headlines International Maghreb Morocco

COVID-19 vaccination: Morocco, hailed as the Champion in North Africa

International media continue to praise Morocco for its successful vaccination campaign that outperforms many European countries, describing the Kingdom as the champion in North Africa. While Germany and other European countries slide through the second wave in lockdown, Morocco is well on the way to vaccinate itself out of the crisis, writes the German Die […]

Africa Headlines International Morocco

Vaccination campaign: Morocco harbors 94% of people immunized across Africa

The vaccination campaign launched in Morocco on Jan.28 is unfolding successfully with over 2.46 million people having received their first dose of the COVID-19 vaccine while the second dose was administered so far to 13,476 people. Although Morocco has only launched its vaccination campaign since Jan.28, i.e. only three weeks ago, the Kingdom has already […]

Africa Headlines International Morocco

IAEA partners with Morocco to promote nuclear techniques in Africa

The International Atomic Energy Agency (IAEA) has teamed up with Morocco’s National Center for Energy and Nuclear Science and Technology (CNESTEN) to promote nuclear techniques in Africa, particularly in water resource management. The two parties have agreed to join efforts to encourage the use of isotope hydrology tools both in Morocco and in Africa. This […]

Africa Business Headlines International

ICAO: African airlines lost $14 billion in 2020 due to COVID -19

The Covid-19 pandemic has dealt a severe blow to African transporters, who in 2020 experienced a historic drop in business. According to data published by the International Civil Aviation Organization (ICAO) last week, they have lost $14 billion in revenue in passenger transport over the past year. In 2020, the continent’s airlines recorded a drop […]

Africa Headlines International

AU sounds the alarm over Covid-19 fatality rate in Africa

The African Union Centre for Disease Control and Prevention (Africa-CDC) has sounded the alarm over case-fatality rate of the coronavirus on the continent as it stands at 2.5%, compared to 2.2% worldwide. Underlining that the second wave of the epidemic is proving more deadly in Africa, the Africa-CDC announced on Thursday that the case-fatality rate […]

Africa Headlines International

Mali: ECOWAS mission in Bamako to talk elections

Shortly after the hundred days of the swearing-in of the transitional president and vice-president in Mali, a mission of the Economic Community of West African States (ECOWAS) arrives this Monday in Bamako for two days of meetings. The mission, led by former Nigerian President Goodluck Jonathan will, during this 48-hour trip, meet with stakeholders in […]

Americas Business Columns Headlines International Morocco Opinions

Africa stands to benefit from Moroccan-US-Israeli partnership

Africa featured prominently in the agreements that were signed during the visit to Rabat of the US-Israeli delegation, as Morocco matches words with action in defending its solidarity-oriented approach towards the continent. The US International  Development Finance Corporation signed an agreement with Morocco worth 3 billion to support private investments in the Kingdom and in […]