Rwanda is the most innovative low-income economy in the world, according to a report
Rwanda is the most innovative economy among low-income countries. According to the latest Global Innovation Index,...
South Africa: "Champagne" market continues to thrive
The sparkling Method Cap Classique (MCC), inspired by champagne, increasingly accompanies parties, 30 years...
Niger: The African Development Fund contributes $16 million to the development and inclusion of the country's financial sector.
The African Development Bank is promoting improved access to financial services for rural residents...
Mozambique: The Government expects to sell 150,000 tons of cashew nuts in the 2022/2023 campaign
In Mozambique, cashew is one of the main cash crops, along with sugar, tobacco and...
Nigeria: Energy boost has yet to improve national economy
Rising consumer prices suggest Nigeria's central bank will raise its rate again...
Senegal: The African Development Bank will invest more than 166 million euros in the construction of a highway in the north of the country.
The development of a highway connecting Dakar and Saint Louis will open up the northern territories of Senegal, considered...
Building the sustainable cities of tomorrow in Africa
A new report on mobility sheds light on the challenges linked to the continent's rampant urbanization. And of...
Uganda: The African Development Bank Group allocates $301 million to improve the railway and regional trade
The African Development Bank will provide $300 million to rehabilitate broad gauge railway lines...
Morocco and Saudi Arabia sign a tourism cooperation agreement
Among other things, the agreement aims to coordinate the efforts of Morocco and Saudi Arabia to improve the sustainability of the...
Spain: The Region of Murcia increases exports by 39% in 2021 in Africa thanks to Foreign Promotion Plans
With the help of the Foreign Promotion Plan, Murcian exporters go to Morocco, Mauritania, Algeria, Senegal, Costa...
Cameroon will create an Agricultural Sector Development Fund.
According to a press release issued by the African Development Bank (AfDB) in September 2022, the Ministry...
Morocco exceeds expectations in the attractiveness indicator of the renewable energy market
With its enormous green energy resources, Morocco is gaining ground as a regional hub for the development of...
Stellantis doubles production in Morocco with an investment of 300 million dollars.
The plant will produce 400,000 vehicles per year and will employ 2,000 people. Stellantis bets on Morocco. The group...
Morocco and EU partners sign COP27 implementation agreement on corporate energy purchasing
On the sidelines of COP27 in Sharm el-Sheikh, Egypt, Morocco, Germany, Spain, France and Portugal signed a Memorandum of...
The United States becomes the main foreign investor in Morocco, displacing France
During the first six months of 2022, Morocco received 6.3 billion dirhams (MMDH), or $578 million,...
Cameroon records 36.1% growth in gross capital investment
The emergence of Covid-19 and its effects on the economy made the Central Bank of the States of...
Morocco implements tax on gifts and purchases worth more than 2,000 dirhams
According to the IMF, Morocco's GDP is expected to grow by 12% due to higher tax collection...
Gabon: the Moroccan company Menasteel Industry invests in the country attracted by its high potential
Congress approved a recent bid by the Cherifian Kingdom to build a facility in Gabon. The ambassador of...
Sub-Saharan Africa is becoming the world's next big growth market
London's business community is at the forefront, encouraging French-speaking countries to trade with...
Gabon ranks as Africa's richest country for second year in a row
Gabon's GDP per capita is expected to grow by 8.1 % annually over the next 10 years...
Morocco: the World Bank grants 250 million dollars for the economic development of the northeast of the country
The World Bank Board of Directors today approved $250 million for the Northeast Economic Development Project...
Gambia will benefit from 68 million dollars from the World Bank to boost its tourism
Between 2014 and 2019, tourism in The Gambia boomed, going from 156,000 visitors to 620,000...
Morocco has the third largest solar and wind capacity in the Arab world
Morocco is expected to be the Arab country with the second largest additions of solar energy capacity and...
G7 counters China's Belt and Road with investments in Africa
Observers have argued that American and Western foreign policy neglected Africa, with China recently taking advantage...
Dutch company to build its largest submerged aquaculture unit in Morocco
After its successful operations in China and the Netherlands, Pan Ocean Aquaculture is now in the process of...
Middle East container ports are the most efficient in the world
The Container Port Performance Index from the World Bank and S&P Global Market Intelligence shows that...
Southern Morocco megaprojects will boost Africa's trade development
Morocco's investment-intensive projects will support the development of inter-African trade according to a former senior Senegalese official....
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