Africa Business Headlines International Morocco

Morocco Hosts 52nd Session of UN Economic Commission for Africa

The 52nd session of the UN Economic Commission for Africa (ECA) is convening in Marrakech from March 20 to 26 under the theme: “fiscal policy, trade and the private sector in the digital era: a strategy for Africa”. The event is an opportunity for African ministers to discuss the fiscal policies necessary for the implementation […]

Africa Headlines International Morocco

Assistant UN SG Hails Morocco’s Contribution for Integration of Landlocked Countries

The UN High-Representative for Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, Ms. Fekitamoeloa ‘Utoikamanu has praised Morocco’s contribution for the integration of landlocked African countries into regional trade. Speaking in Marrakech at the mid-term review meeting of the African Region of the Vienna Program of Action for Landlocked Developing Countries for […]

Africa Business Europe Headlines International Morocco

Morocco’s King pleads for youths’ empowerment in Africa, the front and center in the world order

King Mohammed VI has pleaded for empowering African youths, as Africa’s population is the youngest in the world and as the fast pace of the demographic transition on the continent requires major development projects, especially in such areas as education, health, agriculture, infrastructure and the fight against poverty. African must take up these challenges to […]

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AfDB doubles its commitments, pledges $25 billion to climate finance for 2020-2025

The African Development Bank will double its climate finance commitments for the period 2020-2025, the Bank’s President announced at the One Planet Summit taking place in Nairobi. Akinwumi A. Adesina said that the Bank would commit at least $25 billion towards climate finance. Speaking at a plenary of the Summit Thursday in the presence of […]

Africa Energy Headlines International Morocco

Offshore wind energy: World Bank eyes Africa, developing countries

The World Bank will soon launch a new program aimed at fast-tracking offshore wind energy in Africa and other developing countries, the Washington-based group said. According to Riccardo Puliti, senior director and head of energy and extractives at the World Bank, the International Finance Corporation (IFC) will join the group in helping emerging markets assess […]

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Macron tours Eastern Africa to leave French marks amid Chinese growing influence

President Emmanuel Macron of France kicked off Monday a four-day tour in Eastern Africa with the first leg in Djibouti followed by Ethiopia and Kenya where the French leader will co-chair UN-sponsored One Planet Summit. The trip to Djibouti, a French former colony, is the first in a decade by a French President after Sarkozy […]

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Clean Energy: UK increases aid to Africa

The United Kingdom has announced new funding to give more people and companies across Africa access to affordable, clean energy. The announcement was made lately by UK’s Minister for Africa, Harriett Baldwin. According to Ms. Harriett Baldwin, the new funding will see £30 million added to the Transforming Energy Access program, taking total UK investment […]

Africa Energy Headlines International

Electricity, key for Africa’s development – ECA top official

In Africa, nearly 600 million people, or 48% of the continent’s population, still lack access to electricity, with the majority living in rural areas.   The continent will not fully develop if hundreds of millions of its people continue to live without electricity, Economic Commission for Africa’s Executive Secretary, Vera Songwe said Thursday. Songwe who […]

Europe Headlines International Morocco

Morocco, Belgium Join efforts to Bolster Cooperation with African countries

The former Belgian Prime minister Elio di Rupo has voiced the shared will of his country and Morocco to strengthen their bilateral cooperation and to work with other African countries. This triangular cooperation for a shared prosperity has been discussed with the Minister of Foreign Affairs Nasser Bourita, said Elio Di Rupo at a press […]

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BBOXX secures $6 mln to bring solar power to more households in Africa

British-based solar energy provider BBOXX has completed a significant funding round of approximately $6m, which will accelerate the company’s vision of improving access to energy across Africa and the developing world. Sources close to BBOXX reveal that in Europe, 4,400 single investors took part in the crowdfunding, investing an average of €500-€600. BBOXX’s goal is […]