Africa Headlines International Morocco

PAP adopts Morocco-tabled model law on equality, equity

The Pan-African Parliament (PAP) has adopted a model law on equality and equity presented by Morocco, to serve as a common reference framework, adaptable and aligned with international standards and rooted in African values and cultures. The text, adopted in plenary during the 6th ordinary session of the 6th PAP legislature (November 1-14), aims to […]

Business Emerging Markets

Greening Africa: Kanga seeks to raise $500m capital for its potash project in Congo

Kanga Potash, a world class, low-cost potash project developer, is seeking to raise about $500m for the first phase of its potash development project north of Pointe Noire in the Republic of Congo. According to the company’s executive chairman Stéphane Rigny, about 60% of the amount will be debt and 40% equity, including some mezzanine […]

Business Finance Headlines Morocco

Morocco Gets Over € 125 Mln Funding from EIB & EU to Improve Rural Schooling

The European Investment Bank and the European Union support Morocco’s rural schooling program with € 125.8 million funding to serve for the building of 150 community schools. The EIB has agreed to provide Morocco a € 102.5 million loan for this project, while the EU pledged to inject € 23.3 million under the Neighborhood Investment […]