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Keywords: Development


The Potential of Artificial Intelligence in Africa: Opportunities and Challenges

Artificial intelligence (AI) emerges as a major asset for Africa in terms of employment and future opportunities in an increasingly youthful continent. Research shows that this technology has the potential to contribute up to $15.7 trillion to the global economy by 2030, with $1.2 trillion generated......

Morocco's Green Hydrogen Offer Draws Interest from Global Players

Morocco's offer regarding green hydrogen is already attracting interest from major global operators, who have dispatched representatives to engage with Moroccan officials on this strategic initiative. Here are the insights. It took less than a week for the first delegations of foreign officials......

Société Générale Launches "Solar Pack" Offer in Africa

In an innovative initiative, Société Générale is spearheading the energy transition in Africa with the launch of its flagship offer, the "Solar Pack." Through this offering, the banking group provides a turnkey solution to businesses and institutions in Africa to......

Attijariwafa Bank Spearheads Africa Development at FIAD24 Forum

With a resolute commitment to fostering economic growth and investment opportunities across Africa, Attijariwafa Bank is set to host the 2024 edition of the International Africa Development Forum (FIAD24) in Casablanca on June 27th and 28th, under the theme "Here, we invest." Expected to draw......

Morocco's Debt Woes: A Disturbing Position on IMF's Borrowers List

Morocco has been thrust into the global spotlight as one of the leading debtors to the International Monetary Fund (IMF), ranking 17th globally with a staggering $1.34 billion owed to the financial institution. This revelation, based on recent data analyzed by Insider Monkey, sheds light on the Kingdom's......

Ilyes Bennane: The Moroccan Prodigy Stirring Controversy in Belgian Football

In the realm of football, prodigies frequently emerge, captivating fans' hearts and sparking intense debates. Thirteen-year-old rising star Ilyes Bennane finds himself at the epicenter of such a storm. Born in Morocco but nurtured by the Belgian Club Genk, Bennane's allegiance shift to represent......

EBRD Unveils Strategy for Morocco's Inclusive and Sustainable Economic Growth

The European Bank for Reconstruction and Development (EBRD) has revealed an ambitious five-year strategy aimed at steering Morocco towards an inclusive, sustainable, and private sector-led economy. Covering the period from 2024 to 2029, this strategic roadmap signifies a significant moment in the EBRD's......

Morocco Unveils Visionary Plan to Expand LNG Infrastructure

In a significant stride towards enhancing its energy landscape, Morocco has introduced an ambitious program aimed at strengthening its Liquefied Natural Gas (LNG) infrastructure. The Sustainable Gas Infrastructure Development Program, delineated in a Memorandum of Understanding (MoU) signed by five governmental......

Addressing the Water Crisis in Morocco: AfDB's Urgent Alarm and Sustainable Solutions

In a stern warning, the African Development Bank (AfDB) has reiterated grave concerns over the escalating water scarcity crisis in Morocco, exacerbated by the adverse effects of climate change. The bank's latest report paints a grim picture, highlighting the far-reaching implications of this crisis......

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