X

Keywords:


EU Injects €750 Million into African Vaccine Manufacturing Initiative

In a significant move to bolster Africa's healthcare infrastructure, the European Union (EU) and its member states have pledged €750 million ($830 million) to launch the African Vaccine Manufacturing Accelerator (AVMA). This substantial financial commitment was unveiled at the World Vaccine......

CAF Executive Committee Gears Up for Pivotal Virtual Gathering

As the African football fraternity eagerly anticipates critical decisions that could shape the future trajectory of the sport on the continent, the Executive Committee of the Confederation of African Football (CAF) is set to convene for a pivotal virtual meeting on Friday, June 21, 2024. Presided over......

The Lobito Corridor: G7's Catalyst for Unlocking Africa's Mineral Bounty

In a strategic move to bolster regional economic integration and sustainable development, the G7 nations have set their sights on revitalizing a critical trade corridor that traverses three mineral-rich African countries. The Lobito Corridor, a multimodal transportation network spanning Angola, the Democratic......

Managem Group Ventures into Green Energy: Acquires Sound Energy Morocco for a Sustainable Gas Future

In a transformative move for Morocco’s energy sector, the Managem Group, an eminent Moroccan mining enterprise, has broadened its horizons by acquiring Sound Energy Morocco East Ltd. This acquisition signifies a pivotal expansion into the upstream natural gas market, underscoring the escalating......

GITEX Africa 2024: Morocco’s Digital Transition Minister Explores Huawei's Tech Innovations

As a diamond sponsor of GITEX Africa 2024, Huawei is at the forefront of technological advancements in the region. Morocco’s Minister Delegate in Charge of Digital Transition and Administrative Reform, Ghita Mezzour, made a notable visit to Huawei’s stand at GITEX Africa 2024. Guided by......

CTM Reinforces Multimodal Transport with 307 Million Dirham Acquisition of AML Stake

In a financial transaction worth 307 million Moroccan dirhams, Compagnie de Transports au Maroc (CTM) has secured a 51% stake in Africa Morocco Link (AML), bolstering its position in the multimodal transport sector. CTM confirmed today, June 14, 2024, that it has acquired all the shares previously held......

South Africa's Political Landscape Redrawn: ANC and DA Unite in Groundbreaking Coalition

In a historic shift that promises to redefine South Africa's political trajectory, the long-standing adversaries, the African National Congress (ANC) and the Democratic Alliance (DA), have forged an unprecedented alliance, agreeing to collaborate in a government of national unity. This stunning development......

South Africa Faces Impending Gas Shortage, Intensifying Energy Crisis

South Africa's energy challenges are poised to worsen as the nation confronts a looming gas shortage, exacerbating the longstanding electricity crisis that has persisted for over a decade. This imminent disruption in gas supply from Mozambique threatens to cripple various sectors of the economy,......

Crown Prince Moulay El Hassan Inaugurates Landmark $653 Million Desalination Plant in Casablanca

Africa's Largest Desalination Project Set to Address Morocco's Water Crisis In a significant leap towards addressing Morocco's burgeoning water crisis, Crown Prince Moulay El Hassan has officially commenced the construction of a monumental seawater desalination plant in Casablanca. The groundbreaking......