A new momentum was added to Morocco’s Africa foreign policy with the recent eastern African tour undertaken by King Mohammed VI to Rwanda and Tanzania. This impetus will be strengthened with another Royal visit to two longstanding friends of Morocco in western Africa, namely Gabon and Senegal. The news was related by the Arabic speaking […]
Tag: the African Development Bank
Africa: Tony Elumelu Foundation Helps Additional 1,000 African Entrepreneurs to Take off
Nigerian philanthropist Tony Elumelu and his foundation (TEF) have released a new batch of 1,000 African entrepreneurs tasked to create jobs and reduce poverty across the continent, one year after it helped 1,000 others to take off. The 1,000 young entrepreneurs from across the continent, from Senegal to Ethiopia, from South Africa to Morocco were […]
Japan-Africa Summit: Morocco Stresses Trilateral Cooperation as Central to its Foreign Policy
The Japan-Africa economic summit, held in Nairobi August 27-28, was an opportunity for Morocco to stress the centrality of trilateral cooperation in the Kingdom’s foreign policy. Speaking at the summit, Morocco’s Ambassador to Kenya Abdelilah Benryane reiterated the Kingdom’s willingness to share its expertise and know-how with African countries through trilateral cooperation frameworks involving countries […]
Japan Earmarks $30 Billion in Support for Infrastructure Development in Africa
Japan announced it will invest $30 billion in support of Africa’s economic growth and infrastructure over the next three years. The pledge was made by Japan’s Prime Minister Shinzo Abe at the Japan-Africa economic summit in Nairobi, as Tokyo competes for influence in the continent with the U.S., China and former European colonial powers such […]
Africa gets 85% of Morocco’s Foreign Direct Investments, AfDB
The African Development Bank (AfDB) commended Morocco’s commitment to economic development in Africa, saying that the Kingdom gears 85% of its foreign direct investments to the continent. In a statement issued following the visit of the AfDB President Akinwumi Adesina to Morocco last week, the Bank described the Kingdom as “one of AfDB’s best performing […]
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 […]





