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 […]

Africa Europe Headlines International

EU earmarks €80 million to improve disasters management in Africa

The European Union has earmarked €80 million to improve the resilience of several African countries to extreme weather hazards, including floods and droughts.   Angola, Botswana, Ghana, Tanzania, Zambia are among the recipients of the EU financial support.   The program is being implemented in Africa by four partners namely the African Union Commission (AUC), […]

Africa Business Europe Headlines International Maghreb Morocco

CFC Teams up with Barcelona Financial Center to Bolster Investments between Morocco, Spain, Africa

Casablanca Finance City (CFC) and Barcelona Center Financer Europeu (BCFE) have sealed a cooperation agreement to enhance and tap investment opportunities between Spain, Morocco and Africa The deal lays the foundation for a sustainable cooperation that aims to promote investment opportunities between Spain, Morocco, Africa’s gateway. The Moroccan and Spanish financial centers pledge to set […]

Africa Headlines International

First Kofi Annan Peace and Security Forum held in Accra

The First Kofi Annan Peace and Security Forum was held in Accra, Ghana, this week with the participation of scores of high level delegates, including seven former African Heads of State, and Mohamed Ibn Chambas, Special Representative of the UN Secretary-General and Head of the UN Office for West Africa and Sahel (UNOWAS). The forum, […]

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Spanish Group Himoinsa Enhances Presence in Morocco, Gateway to Africa

Spanish global group Himoinsa, which designs, manufactures and distributes power generation equipment, has opened a sales office in Casablanca. Himoinsa, which has been operating in the Moroccan market for 18 years, also makes a wide variety of generator sets and lighting towers. Speaking during inaugural event, Lydia Gracia, Executive Director of Himoinsa, said the opening […]

Africa Business Headlines International Maghreb Morocco

Morocco’s OCP, AU to cooperate in developing African agriculture

Morocco’s phosphates and fertilizer producer, OCP, signed a memorandum of understanding with the African Union Commission and the African Union’s Development Agency, AUDA-NEPAD, to develop Agriculture in the continent. The agreement was signed on the sidelines of the ongoing African Green Revolution Forum (AGRF) in Accra, Ghana, Sept. 3 – 6.   The deal reflects […]

Africa Energy Headlines International

ENGIE acquires Mobisol, becomes market leader in the off-grid solar in Africa

ENGIE expands its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions, the company announced this Tuesday in a press release. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than 150,000 solar home systems, providing clean and reliable energy to over 750,000 people in […]