The prospects and huge business opportunities offered by the blue economy in Africa were at the center of the first international seafarers forum held Feb.23-24 in the Southern Moroccan city of Dakhla with the participation professional mariners from 27 African and European countries. During the event, maritime experts, seamen and representatives of civil society stressed […]
Tag: Africa
Africa: Infrastructure development funding hits $100 Billion
Funding destined to infrastructure development in Africa hits $100 billion in 2018, the Infrastructure Consortium for Africa (ICA) has announced. The ICA’s Infrastructure Financing Trends in Africa 2018 report shows that financing of infrastructure in Africa reached a new high of $100.8 billion in 2018, a jump of about a quarter on 2017 and 38% […]
Nigerian fintech startup raises $120M from Chinese investors
Nigerian-based fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Founded by consumer internet company Opera, OPay will use the funds to scale up in Nigeria and expand its payments product to Kenya, Ghana and South Africa, the company said in a statement. Incubated by Norwegian-based consumer internet outfit […]
Tunisia confirms its proficiency in organ transplant in Africa
Tunisian medicine continues to make great strides. Medical teams at the hospitals of Rabta in Tunis and Mongi Slim in Marsa, on November 12, successfully performed two surgeries. One on heart transplant and the other on liver transplant. The information was revealed by Director-General of the National Centre for the Promotion of Organ Transplantation Taher […]
China’s Export Import Bank taps into Attijariwafa Bank African network with $5 bln
China’s Export Import Bank and the Casablanca-based Attijariwafa Bank will join efforts in a $5 billion bank dedicated to boosting African exports to China and promoting industrial activity in the countries where the Moroccan bank operates. The deal attests to the credibility and large network of Moroccan banks in Africa, as well as Morocco’s efforts […]
African countries discuss foreign currencies & monetary independence in Tunisia
A three-day international Conference opened in Tunis on Nov 7. Entitled “Quest for Economic and Monetary Sovereignty in 21st Century Africa: Lessons and Prospects”. This conference gathers economists, financials, businessmen, experts and leaders of opinion from African countries and from all over the world. Foreign currencies and monetary independence are the main issues on the […]
African Countries, the Least Connected in the World – ITU
Sub-Saharan Africa has the highest number of people offline out of the 3.6 billion without access to internet connection, a new report by the International Telecommunications Union, ITU, has revealed. According to the report, Europe is the region with the highest Internet use (82.5 per cent), while Africa is the region with the lowest (28.2 […]
Second EU-Africa Business Summit Convenes in Marrakech
Following the successful first edition, the EU-Africa Business Summit returns to Marrakech November 28-29, with the participation of influential African and European policymakers, business leaders and experts. Over two days, the Summit will provide a platform for engaging debates, high-level panel discussions and inspiring sharing and steering sessions on industrialization and value chain development, rural […]
Morocco’s King reiterates attachment to Maghreb Union, Openness to Africa
King Mohammed VI reaffirmed Morocco’s commitment to sound and solid relations with sister Maghreb nations as well as Africa’s place “at heart of Morocco’s foreign policy“. Maghreb “My keenness to achieve fair, balanced development in all the Kingdom’s regions is just as strong as my commitment to establishing sound, solid relations with sister Maghreb countries,“ […]
Morocco & UNIDO Agree to Develop Green Technologies for African Countries
Head of Moroccan Agency for Sustainable Energy (MASEN) Mustapha Bakkoury and Director General of UNIDO LI Yong inked on Tuesday an agreement destined to enhance further cooperation between the two sides in clean and sustainable energy. The agreement was signed on the sidelines of the 18th UNIDO General Conference currently convened in Abu Dhabi, UAE, […]









