First Independent Mena Newspaper
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 […]
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 […]
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 […]
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 […]
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,“ […]
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, […]
The African Development Bank Shareholders have approved a landmark $115 billion capital increase, doubling the bank’s capital base from $93 billion to $208 billion, and strengthening thus the Bank’s leadership on development financing for the continent. This largest capital increase in the Bank’s history was approved at an extraordinary shareholders’ meeting last week in in […]
Social media giant Facebook on Wednesday said it had suspended three networks of Russian accounts that meddled in the domestic politics of eight African countries. It’s the second massive clean-up in Africa this year. According to Facebook, Russia sponsored almost 200 fake and compromised accounts to target people in Madagascar, Central African Republic, Mozambique, Democratic […]
The World Economic Forum has recently published the 2019 edition of the Travel & Tourism Competitiveness Report. Out of 140 countries, 37 African countries were featured in the report on the basis of 14 indicators divided into 4 categories. While Mauritius tops the ranking at the African level, (52nd globally), recording good performance in terms […]
The African Development Bank has asked the Coalition for Green Capital (CGC) to make a study on the creation of national climate change funds and green banks in Africa. CGC will work with six African countries to conduct feasibility studies for the project, which was launched at the Green Bank Design Summit held in Paris […]