Yemeni entrepreneur yelbaz shifts from finance to strategic industries in Morocco
From financial corridors to industrial innovation In April 2026, Morocco’s Competition Council endorsed the acquisition of a 68% stake in Forafic Agro Holdings Limited by Cap Holding—a subsidiary of Chakib Alj. This transaction marked the end of Yariv Elbaz’s majority control over the Moroccan industrial giant, signaling a strategic pivot toward sectors where technology intersects […]
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Uber expands in Morocco with new services in tangier and agadir
Uber is broadening its presence in Morocco by launching ride-hailing services in Tangier and Agadir, two key tourist hubs. This move complements existing offerings in Casablanca and Rabat, reinforcing the company’s commitment to supporting the country’s booming tourism sector—especially as preparations intensify for the 2030 FIFA World Cup. With Morocco targeting 26 million visitors by […]
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Gabon accelerates economic transformation with African development bank
Economy Gabon accelerates economic transformation with African development bank By Editor-in-Chief July 1, 2026 138 No comment Libreville, July 1, 2026 — As Gabon advances its bold economic transformation agenda, the African Development Bank (AfDB) has reaffirmed its commitment to spearhead this critical phase. The continental financial institution’s high-level engagement in Libreville signals a renewed […]
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Gabon ends EU fishing deal to boost local economic sovereignty
Economic Insights Gabon ends EU fishing deal to boost local economic sovereignty 52 views No comments Libreville, July 1, 2026 — The termination of Gabon’s fishing agreement with the European Union marks a historic shift in the country’s economic strategy. After 19 years of partnership, Libreville has chosen not to renew the framework that governed […]
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Gabon’s debt must deliver tangible outcomes for citizens
Economy Gabon’s debt must deliver tangible outcomes for citizens Editorial Team July 1, 2026 98 No comments Libreville, July 1, 2026 — Gabon has adopted a firm stance. With delays plaguing multiple projects funded by the African Development Bank (AfDB), authorities are now demanding concrete results. The June 29 meeting in Libreville between Vice-President of […]
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Morocco and BEI secure €365 million for transport network upgrades
Rabat recently witnessed the signing of two landmark agreements totaling €365 million, aimed at modernizing and securing Morocco’s critical rail and road networks. The financing package, formalized in the presence of top officials, underscores the strong partnership between Morocco, the European Investment Bank (BEI), and the European Union. Major investments for rail and road resilience […]
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Gabon splits water and electricity management in bold public service reform
Gabon has launched a sweeping transformation of its public utilities by separating water and electricity management into two distinct entities. The move comes after the 25 June 2026 cabinet meeting approved two new laws establishing Gabonaise des Eaux and Électricité du Gabon—mixed-economy companies tasked with overseeing potable water supply and electricity distribution, respectively. The restructuring […]
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Digital services tax in Morocco reshapes online economy
Digital platforms have seamlessly woven themselves into the fabric of daily life. Meta, X, Instagram, TikTok, Netflix, Spotify, and Airbnb no longer serve just as entertainment or social hubs—they’ve evolved into economic powerhouses whose influence extends far beyond national borders. In Morocco, this shift is undeniable. Since June 11, 2026, a new chapter has begun: […]
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East Cameroon vtt race boosts local economy and tourism
Once primarily known as a competitive sporting event, the International Mountain Bike Race Chantal Biya has taken on a new role. In its third edition, the race is positioning itself as a key economic driver for the region. Scheduled for June 29, 2026, in Bertoua—the capital of the Eastern Province—the event is expected to draw […]
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Gabon’s bold plan to turn nature into sustainable wealth
Economy Environment Gabon’s bold plan to turn nature into sustainable wealth 165 No comment Libreville — The Gabonese government is embarking on an ambitious journey to convert its exceptional biodiversity into lasting economic prosperity. In unveiling a new national strategy for sustainable tourism and crafts, authorities are launching a transformative initiative that extends far beyond […]
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Compliance and risk officers summit draws global experts to Lomé in july 2026
The heartbeat of Africa’s financial ecosystem is about to sync with the rhythm of global standards. In a bold move to reinforce regulatory frameworks, Lomé, the capital of Togo, is set to host the third edition of the Compliance and Risk Officers Summit on 8 and 9 July 2026. This gathering is more than just […]
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Controversy over Sonara’s 700 billion FCFA claim raises questions
Economy controversy over Sonara’s 700 billion FCFA claim raises questions Seven years after a devastating fire crippled operations at the national refinery, its leadership made a bold announcement to global media about its supposed rebirth. Armand Djaleu |4 hours ago|4 minutes read AAA Follow Cameroon business updates Summarize Listen Comment Seven years after devastating fire, […]
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