Africa earned $36.25 billion in revenue from 62.9 million international visitors in 2016. That's dramatically up from only 17.4 million almost three decades ago, in 1990.
Morocco Tender and Business News
South Africa based Rand Merchant Bank's (RMB) latest rankings of the top places to invest in Africa focused on economic activity and the environment to operate. Surprisingly, despite an increasingly repressive government regime, Egypt has still retained the top spot on the continent.
The BMCE Bank of Africa of Morocco just signed a partnership agreement with the China-Africa Business Council, to help bring in more Chinese investment throughout Africa.
On August 13, a new continent-wide news agency, ADV, was announced by the African Daily Voice Group.
Akinwumi Adesina, the president of the African Development Bank Group, recently visited Morocco to review how the history of one of the AfdB's early infrastructure investments helped transform the country.
According to the new 2018 Africa Risk-Reward Index from London-based Control Risks and Oxford Economics, West African economies are seeing improved risk-reward scores this year. The underlying reasons for this are increased political stability in the region, effetive public economic reforms, and rising commodity prices.
In a new report issued on June 15, the UN Food and Agriculture Organization (FAO) calls for a far more pro-active approach to dealing with drought management in the Near East and North Africa region.
As Africa's emerging technology ecosystem grows, innovation and entrepreneurship are taken on a bigger role. Innovation hubs in particular have been a major force for the existing major hubs in Kenya, Nigeria and South Africa, and the same model is proving equally important in the emerging tech centers on the continent.
The International Islamic Trade Finance Corporation (ITFC) of Jeddah, Saudi Arabia, has expanded its partnership with the Banque Centrale Populaire (BCP), a major financial institution in Africa.
The Central People's Bank of Morocco and the African Development Bank announced that on May 8 they signed a risk participation agreement (APR) of US $100 million, to support intra-African trade.
The U.S. business community will be getting a chance to enhance trade ties with Algeria and Morocco when a trade delegation from the U.S. Chamber of Commerce visits the countries during the week of May 7.
Competition regulation is growing in Africa, with eight out of the top ten economies in Africa already having established law regulating competition.
Kennek FZE in North Africa has signed a license agreement with Miami-based Perry Ellis International Inc., which will allow the company to source and distribute everything from surf boards and wetsuits to casual wear and footwear under the Gotcha® brand.
Hilton, a multinational hospitality company headquartered in Virginia, United States, announced that it will be welcoming guests to the Moroccan capital city of Rabat from 2022 after a landmark deal was signed with Wessal Capital, a sovereign investment fund of Morocco.
Intelcia, a customer relations outsourcing company based in Morocco, announced the integration of outsourcing sites Outremer Télécom Maurice et Madagascar, which will now conduct business under the Intelcia banner.
Amusement Services International (ASI) will unveil the Industry's first operator-free VR attraction at the Dubai Entertainment Amusement and Leisure show 2018 to transform the indoor themepark experience in Africa.
The European Bank for Reconstruction and Development (EBRD), a multilateral bank headquartered in London, United Kingdom, has completed an equity investment in Bank Audi sal, a banking group in Lebanon.
The CLIx Program from India and the GENIE Program from Morocco have won the 2017 UNESCO King Hamad Bin Isa Al-Khalifa Prize for innovative use of Information and Communication Technologies (ICT) in Education.
The First National Bank Mozambique (FNB) and the Kuwait-based National Aviation Services (NAS) inaugurated an exclusive, contemporary lounge at the International terminal of the Maputo International Airport.
Voltalia, a French energy solutions contractor, has received permits for two new hydropower plants in Morocco, one producing 9.8 MW and the second 7.2 MW.
The Phosphates 2018 conference, considered one of the most important conferences in the industry, is coming to the Mövenpick Mansour Eddahbi Hotel in Marrakesh, Morocco on 12-14 March 2018.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
A late heavy snow combined with extreme cold in January has shut down access to major transport routes in Morocco's High and Middle Atlas regions. Food shortages and dangerous living conditions are already present.
Royal Air Maroc (RAM) recently ordered 4 Boeing 787-9 Dreamliners, valued at $1.1 billion based on list prices, to continue providing the highest end international air travel service possible for the Moroccan flag carrier.
Varroc Lighting Systems, a global supplier of lighting solutions for automobiles and 2-wheelers headquartered in Plymouth, Michigan, is establishing a manufacturing and product development base in Morocco.