Africa Energy Headlines International

The Green Climate Fund approves €100 million to finance renewable energy in West Africa

With financial backing from Green Climate Fund, the West-African Development Bank (BOAD) has approved a €100 million loan to finance renewable energy development in countries from the West African Economic and Monetary Union. The goal of the Green Climate Fund (GCF) is to limit or reduce greenhouse gas emissions in developing countries and help adapt […]

Africa Headlines International Morocco

Climate Commission for Sahel Commends Moroccan King’s “Pioneering” Role

The Heads of State and Government of the Sahel Climate Commission have commended the pioneering role of King Mohammed VI and his vision for a “strong and resilient” Africa. In the final communiqué issued at the end of the first Summit Conference of the Climate Commission for the Sahel, held Monday in Niamey, Niger, the […]

Africa Business Headlines International Morocco

Morocco-Africa: Cabinet Council adopts bill on AfCFTA

he Moroccan Cabinet Council adopted Thursday at its weekly meeting Bill 11.19 ratifying the agreement establishing the African Continental Free Trade Area (AfCFTA), signed in March 2018 in Kigali, capital of the Rwanda. The announcement was made by the Government Spokesperson Mustapha El Khalfi at the press briefing that followed the meeting. To enter into […]

Africa Energy Headlines International

Africa: Fitch advises mining firms to invest in renewable energy

A report published by Fitch Solutions has indicated that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa, mining companies operating in the region should invest in renewable energy. “Off-grid mines could benefit from reducing mining companies’ dependency on diesel while taking advantage of the favorable climate conditions in the area,” Fitch […]

Americas Business Headlines International Morocco

US Corteva Agriscience Sets up in Casablanca its African Regional Hub

Corteva Agriscience, Agriculture Division of DowDuPont, has decided to install its North-West & West Central Africa regional headquarters in Casablanca, Morocco. The Casablanca office will act as Corteva Agriscience’s business center for customers, partners and consumers in its main regional markets in Africa, bringing farmers the right mix of seeds, crop protection and digital solutions […]

Africa Headlines International

As Cotonou Agreement Nears Expiry, EU Negotiates a New Deal with a More Assertive Africa

As the Cotonou Agreement binding the European Union to 79 countries in Africa, the Caribbean and the Pacific (ACP) is expiring in May 2020, negotiation on a new deal are ongoing, reported recently the European news website eubulletin.com. EU policymakers are hoping to make progress soon since there is growing assertiveness of African governments and […]

Energy

Renewable energy to bring savings to Africa’s mining sector – Report

A recent report by THEnergy and Voltalia indicates that the use of renewable energy in the African mining sector can realize significant cost savings when employing these power solutions. According to the report, the mining sector has shifted from phase one – where the focus of renewable power adoption was on integrating and testing out […]

Uncategorized

AU Summit: International Food Safety Conference

The African Union, the UN Food & Agriculture Organization (FAO) and the World Health Organization (WHO) organize the first joint International Food Safety Conference this Feb.12-13 in Addis Ababa on the sidelines of the 32nd AU summit. The conference brings together government leaders, senior policy makers, and representatives from international organizations, civil society and the […]

Africa Finance Headlines International Morocco

Morocco spends 90% of its FDI in Sub-Saharan Africa

Morocco has encouraged its companies to invest in Sub-Saharan Africa to an extent that its geared 90% of its foreign direct investments to the region in the period spanning from 2010 to 2018, the Financial Times reported. Ethiopia, Côte d’Ivoire and Cameroon were top destinations of Moroccan investments, the publication said. Morocco’s exports to West […]

Africa Headlines International Morocco

AU Summit: Rabat Renews Willingness to Share its Agricultural Experience with African Countries

Head of Moroccan Govt, Saad Eddine El Othmani, voiced on Sunday at the 32nd summit of the African Union currently held in Addis Ababa, his country’s willingness to share its successful agricultural experiences with African countries. Addressing a high level session on “Africa Agriculture Transformation Scorecard (AATS), El Othmani underlined the positive results yielded by […]