Keywords: Africa
In a significant move to bolster economic development across North Africa, the European Bank for Reconstruction and Development (EBRD) has announced a substantial $40 million investment in the newly established SPE REF III fund. This strategic financial injection, revealed on Thursday, underscores the......
A wave of shock has rippled through the Moroccan exporting community following the authorities' recent backtracking on their commitment to allow the export of potatoes and onions to Africa under a quota system after Eid al-Adha. This abrupt policy reversal has left traders reeling and questioning......
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......
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......
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......
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......
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......
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......
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......
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