Gabon: Wood has become Gabon's second export product, behind oil and ahead of manganese, with 15% of exports.
Between 2010 and 2021, Gabon's forestry economy grew by almost 400%, according to an official document published with...
The EU commits to invest 50 million euros in infrastructure and minerals in the DRC
On the sidelines of the Kinshasa Economic Forum, the EU launched an initial mobilization of 50 million...
Morocco grants Canadian company Elcora a manganese exploitation license
The company expressed its commitment to contributing to the economic growth of Morocco. Rabat – The Moroccan government has granted...
Angola and France launch a partnership for agricultural production
Before flying to Congo-Brazzaville and the Democratic Republic of the Congo, French President Emmanuel Macron stopped...
The Moroccan Tourist Office partners with a German group to boost tourist arrivals
Over the next five years, the agreement is expected to double tourist arrivals to Morocco, with...
Angola: Angolan GDP growth expected to consolidate in 2023, while inflation falls
Heavy dependence on oil has weakened the Angolan economy in recent years. To drive growth, the...
Morocco – Austria: Memorandum of Agreement for the promotion of economic and commercial cooperation
The Austrian Federal Economic Chamber (WKO) and the General Confederation of Moroccan Companies (CGEM) signed on Monday in Casablanca...
Mauritania: Gold and iron are the country's two main mining exports, representing 73% of exports and 22% of its GDP.
The Mauritanian mining sector is dominated by the production of iron ore and gold. While production...
Money laundering: Morocco leaves the FATF gray zone
The group is pleased that the Kingdom has fully fulfilled its commitments in the fight against...
Kenya: 83% increase in tourism revenue by 2022
Kenya's tourism-related revenue has increased by 83% in 2022 compared to 2021, but...
Morocco is the second largest recipient of EIB investments in North Africa
The European Investment Bank injected 2.5 billion euros to support the development of the Moroccan economy in...
German cable manufacturing company Helukabel opens plant in Morocco
The location is part of the company's decision to expand its presence in Africa. Rabat – The...
IKEA opens one of its most modern stores in the world in Morocco
IKEA, a global leader in furniture and home décor solutions, officially opened its second major...
South Africa: a tax system to promote clean energy
The South African Government announced tax exemptions on Wednesday to make investment in clean energy production attractive,...
Morocco is the third most attractive African country for tourism and the fourth for trade
The Moroccan tourism sector has shown strong signs of recovery after the COVID-19 pandemic. Rabat – The consulting...
Vanilla is the second most expensive spice. Why do Madagascar farmers live in poverty?
Madagascar is estimated to grow 80% of the world's vanilla. But vanilla growers live in...
Gabon: The Government plans to increase national cocoa production from 250 tons in 2022 to 3,000 tons in 2025, that is, 12 times the current amount.
This would not only generate additional export earnings for the country, but would also limit rural exodus to...
Uganda: Is Islamic banking the next gold mine for Uganda?
The performance of the Ugandan banking sector weakened during the period 2011-2014 due to turbulent economic challenges, and...
Botswana expects 4% growth
The Botswana government announced on Monday that the country expects economic growth of 4% this year and...
Africa: Sub-Saharan Africa's economic growth could reach 3.8% in 2023 thanks to improving growth in Nigeria
The IMF has just published an update of its global economic outlook. While the World Bank has lowered...
Cameroon, Gabon, Republic of Congo and Equatorial Guinea will build a 500 km submarine cable
Physical interconnections between Cameroon and Equatorial Guinea are also planned from September 2020. However, both...
The tunnel that will link Spain with Morocco advances
The Minister of Transport, Mobility and Urban Agenda, Raquel Sánchez, assured that it is a "strategic project to...
Russia will increase its diesel exports to Morocco in February amid the European embargo
Russia is working to redirect its energy supplies to Turkey and Morocco by adapting to the EU embargo,...
Nigeria: trade volume with China will reach $26 billion in 2022
China already represents a quarter of Nigeria's foreign purchases. It maintains its position as the first commercial partner...
African Development Bank's AFAWA reaches milestone of $1 billion investment in loans to African women entrepreneurs.
The Bank's Affirmative Financial Action for Women in Africa (AFAWA) initiative...
Morocco-Nigeria Pipeline: How African Development Can Benefit Europe
In addition to helping it diversify its energy sources, the gas pipeline can help Europe avoid specific threats...
Africa is the only major region in the world where fintech transactions increased in 2022
While fintech transactions fell by 8 1TP3Q worldwide in 2022, Africa was the only...
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