Africa Headlines International

Facebook suspends “Russian fake accounts” for meddling in African countries

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 […]

Africa Headlines International Morocco

Travel & Tourism Competitiveness Report: Mauritius tops ranking in Africa, Morocco fifth

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 […]

Africa Energy Headlines International

AfDB to Set Up Climate Change Funds & Green Banks in Africa

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 […]

Africa Finance Headlines International Maghreb Morocco

Morocco’s BCP acquires 100% of capital of Brazzaville-based BCI

Morocco’s BCP bank said on Friday it completed the acquisition of BCI bank in Congo Republic from France’s BPCE after having met all regulatory requirements. Speaking on the sidelines of a ceremony to seal the agreement, BCP CEO Kamal Mokdad said “the acquisition of BCI will help BCP group strengthen its presence in the Economic […]

Africa Finance Headlines International Maghreb Morocco

Morocco Hosts Africa Blockchain Summit 2019

The second Africa Blockchain Summit (ABS 2019) will be held in Morocco’s capital city of Rabat Nov.21 under the theme: “Blockchain at the service of the financial sector”. The event is organized by Bank Al-Maghrib (Central bank) and Paris Europlace in cooperation with HPS and Talan. It will bring together central banks, monetary and financial […]

Africa Business Headlines International

Three African countries named rising stars of global trade

Standard Chartered which has recently released its Trade20 Index, identifying the 20 world economies with the greatest potential for commercial growth, has listed three African countries as rising stars of global trade. These are Côte d’Ivoire (top), Kenya (3rd) and Ghana (13th). The study, which examined 66 markets around the world, found that while existing […]

Africa Americas Headlines International Maghreb Morocco

Morocco wins support in Caribbean for its sovereignty over Sahara

The Caribbean is on the footstep of democratic countries in Latin America that have joined the rank of countries supporting Morocco’s legitimate rights to sovereignty over the Sahara. On the sidelines of the UN General Assembly, another Caribbean country, Antigua and Barbuda added its voice to many countries in the region that support Morocco’s territorial […]

Africa Finance Headlines International Maghreb Morocco

UN: Morocco Calls for Creating Fund to Support SDGs Implementation in Africa

Morocco, a staunch advocate of Africa’s socio-economic development, has called, Wednesday in New York, for the setting up of a fund to support the implementation of sustainable development goals (SDGs) in the continent.   The call was launched by Head of the Moroccan government, Saâd Dine El Otmani, at the high-level political forum on sustainable […]

Africa Headlines International Maghreb Morocco

Morocco calls for joint action to address food security in Africa

Morocco has reiterated its calls in favor of a sustainable agriculture in Africa in order to meet the increasing food needs of the continent. Speaking at a panel in the UN on food security and SDGs in Africa, Morocco’s Foreign Minister Nasser Bourita said “together we can meet the challenge.” “South-south and tripartite cooperation is […]

Africa Business Headlines International

Africa, the second fastest growing tourism region globally, report

Travel and tourism remained one of the key growth drivers of Africa’s economy, contributing 8.5% of the GDP in 2018, equivalent to $194.2 billion. According to the 2019 Jumia Hospitality Report Africa, this growth record placed the continent as the second-fastest growing tourism region in the world, with a growth rate of 5.6% after Asia […]