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King Mohammed VI South-South Policy Changing Lives in Africa

Despite its limited resources, Morocco has become a real game-changer in Africa under the stewardship of King Mohammed VI who has earned worldwide recognition and praise for his efforts deployed for the sake of the African people’s prosperity, peace and security. Since his enthronement in July 1999, King Mohammed VI showed growing interest in Africa, […]

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Five African Economies Defy Crisis

By Emmanuel Vitus Agbenonwossi Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly in the second quarter of 2016. Like most of Africa, Nigeria, Gabon, Equatorial Guinea and Angola, as well as smaller local oil producers are suffering from the so-called resource curse that has seen […]

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Museveni Meets Kabila over Cross-Border Security

Ugandan president Yoweri Museveni vowed to help the Democratic Republic of Congo (DRC) to flush out rebels of the Allied Democratic Forces (ADF) who remain a security threat in the two countries. Museveni said during talks with DRC’s President Joseph Kabila on Thursday, he was ‘‘ready as usual” to deploy the Uganda Peoples’ Defence Forces […]

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CAR: President Touadera’s First 100 Days in Office

This July 9 marks the 100 days in power of President Faustin-Archange Touadera who promised to restore peace and security in the Central African Republic after a 2-year violence era. 100 days on, the Central African nation still has a long way to go before becoming a stable state. One UN soldier killed, six police […]

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Morocco, China, a Shared Resolve to Upgrade Africa’s Development

King Mohammed has just paid a visit to China to give a new momentum to Morocco’s relations with the Asian economic giant. The goal was fulfilled and the two countries launched a strategic partnership, described as a milestone for the development of bilateral ties, and as a tangible embodiment of the two countries’ shared will […]

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BBC: Algeria Spy Chief Ouster Raises Concern over Future

The dismissal of Algeria’s head of intelligence, Mohamed Mediene, is “one of the biggest political shake-ups in the North African country’s recent memory “, says the BBC in a feature shedding lights on this politically seismic event. It is not clear if he was actually sacked or retired, but “his exit has left some observers […]

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Morocco: Refugees have to abide by local laws, respect national, religious values

The refugees who flee the insecurity and instability in their native countries and manage to enter Morocco are welcome provided that they abide by Moroccan laws and respect the country’s sacred national and religious values. “Any breach of Moroccan law and regulations will lead to deportation.” The warning was expressed by King Mohammed VI in […]

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Ecobank Cameroon lends Camair Co 30 billion CFA francs 

The Cameroon subsidiary of the banking group Ecobank has been committed by the Cameroon Airlines Corporation (Camair Co), public airline, to mobilize in consortium with other local banks, funding totaling 30 billion CFA francs to launch the implementation of the recovery plan of the airline. The information is revealed by the DG of Camair Co, […]

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Africa Re reported a net profit up to 39.7% in 2014.

African Reinsurance Corporation (Africa Re) has achieved a net profit of $ 118.5 million in 2014, against 84.8 million in 2013, an increment of 39.7% from one year to another. The leading reinsurer in Africa in terms of revenue said that this benefit outweighs 7.4% forecast in the business year plan of the company. Africa […]

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The French SNCF and the Moroccan ONCF will create a joint venture for TGV’s maintenance

The Moroccan company ONCF and the French National Railway Company (SNCF) signed on the 6th January in Rabat a contract in the amount of € 175 million over 15 years, providing for the creation a joint venture for maintenance of future TGV in Morocco. The contract was signed by Guillaume Pepy, the president and CEO […]

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