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Morocco’s unemployment rate hit 12.8% in Q2 2025, with 35.8% youth unemployment among 15-24 year-olds. • The government announced a sweeping reform of ANAPEC, which currently reaches only 14% of new ...
AIIB grants Morocco $200M loan for climate resilience • Funds target water, environment, and climate-exposed sectors • Morocco faces rising extreme weather, per IPCC, World Bank The Asian ...
Most luxury tourism profits in Africa flow to foreign investors, bypassing local economies. • Africa's luxury travel market grows fast, driven by exclusive lodges and eco-friendly adventures. • Calls ...
While major corporations in the West are scaling back remote work, the practice is just beginning to gain momentum in Africa. On the continent, remote work remains marginal, concentrated in tech, ...
WIA Gold secures binding commitments to raise A$30M • Funds support Kokoseb drilling, scoping, and permitting • Kokoseb holds 2.93M oz gold; DFS expected mid-2026 WIA Gold announced on Wednesday, ...
MTN Nigeria CEO Karl Toriola has been appointed Vice President, Francophone Africa for MTN Group, while continuing to serve as head of the company’s largest and most profitable subsidiary. The dual ...
Kenya has opened a US$390 million tender for tech firms to build high-speed internet for over 1,000 rural schools, clinics, and offices. Funded by the World Bank, the project ensures a transparent ...
Nigeria commissions a 40,000 m³ LPG tanker to expand regional gas exports. • WAGL’s fleet capacity rises to 162,000 m³, aiming for more frequent shipments across West Africa. • Regional infrastructure ...
President Ruto projected 5.6% growth for 2025, higher than the Finance Ministry’s 5.3% and Central Bank’s 5.2% forecasts. • Kenya’s GDP slowed to 4.7% in 2024, down from 5.7% in 2023, due to weaker ...
Kenya loses about $1.5 billion each year to corruption, according to the African Development Bank (AfDB). • President William Ruto approved the creation of a new Inter-Ministerial Anti-Corruption Task ...
The Group is seeing shifting earnings mix toward the rest of Africa in the medium term, led by East Africa scale and a pan-African model. • Competition will intensify with Standard Bank, Moroccan ...
President Biya authorizes CFA930 billion ($1.6 billion) in new borrowing. • Funds to finance 2025 projects and settle unpaid state bills (RAP). • Public debt reached CFA14,105 billion in June, up 1.8% ...
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