Africa Business Emerging Markets Features Headlines International

China refocuses on food and agriculture in its relations with Africa

China is importing more food products such as avocados, cashews, sesame seeds and chili peppers from Africa, after President Xi Jinping promised to increase non-resource imports from Africa and agriculture is emerging as the new focus of Beijing’s engagement with the continent. In the first two months of this year, Shanghai ports handled more than […]

Business Egypt Finance Headlines

Egypt applies to join Shanghai-based New Development Bank

Egypt has reached a deal with Shanghai-headquartered New Development Bank (NDB) to join the financial institution whose strategy the Arab country says is in line with its vision. Minister of Finance Mohamed Maait according to the statement from his department held talks with NDB’s Chairman Marcos Troyjo on the sidelines of COP27. Both parties, the […]

Finance Headlines Morocco

Morocco: Attijariwafa Bank Group crowned best Moroccan bank by Euromoney awards for excellence

Morocco’s Attijariwafa Bank was Wednesday named best Moroccan bank by Euromoney for Excellence 2016 awards organised by leading Euromoney Institutional Investor based in London. Awards for Excellence are the most prestigious awards in global banking, which recognizes 20 global leading banks in various categories including world’s best bank, world’s best bank for financing, and world’s […]

Finance Headlines Morocco

Morocco: Attijariwafa Bank Crowned African Bank of the Year

The Moroccan Attijariwafa Bank Wednesday received international accolades as it was named top 2016 African Bank by peers at a ceremony in Lusaka, Zambia. More than 500 dignitaries made of business people and political figures from 24 countries acknowledged the work of the Moroccan institution, which is also ranked as the country’s leading bank. The […]

Headlines Morocco

Morocco targets 100,000 Chinese tourists by 2018

Moroccan Minister of tourism, Lahcen Haddad, Friday unveiled a three-year strategic plan aiming to attract 100,000 Chinese tourists by 2018. Morocco is seeking to attract a tiny slice of the 100 million Chinese tourists touring the world every year. According to the Tourism Minister, the figure of 100,000 tourists is indeed tiny but is reasonable […]