Cheikh Mbacke Sene

Nigeria: GDP Growth Accelerates to 4.43% in Q2 2026

Nigeria’s economy grew by 4.43% year-on-year in the second quarter of 2026, up from 3.89% in the first quarter, according to the National Bureau...

Africa Attracts $70 Billion in FDI, but the Industrial Challenge Remains

Africa attracted approximately $70 billion in foreign direct investment in 2025, according to UNCTAD’s World Investment Report 2026. The figure represents a historically high...

West Africa: Growth Projected at 4.6% in 2026

The African Development Bank projects economic growth of 4.6% for West Africa in 2026, following growth of 4.8% in 2025. Despite geopolitical tensions and...

South Africa: $332 Million to Strengthen SME Financing

The African Development Bank has invested $332 million, equivalent to 5.4 billion rand, in a capital-market instrument issued by Standard Bank Group to strengthen...

Washington: African Investment Summit Targets $500 Million in Commitments

The first Africa Business Investment Summit, held in Washington on August 27–28, placed African investment at the center of discussions with international investors, with...

BTR Strengthens Morocco’s Battery Ecosystem with MAD 303.61 Million in Capital

Chinese group BTR New Material Group is accelerating its battery-materials production project in Tangier. Its subsidiary dedicated to cathode materials has capital of MAD...

Hailiang Takes a Decisive Step in Tangier Tech with Its First Copper Production Line

Chinese group Hailiang has completed the installation of the equipment for its first industrial production line at Tangier Tech, with an annual capacity of...

Morocco–Indonesia: Trade Negotiations Relaunched Toward an Industrial Partnership

Jakarta is relaunching trade negotiations with Rabat in order to strengthen trade, investment and business partnerships between the two countries. Non-oil trade reached approximately...

Industrial Zones: 15,000 Hectares Developed to Support a New Generation of Investments

Morocco now has approximately 15,000 hectares of developed land dedicated to industrial zones, compared with 10,000 hectares at the beginning of the government's term,...

AFMA: MAD 191 Million in Revenue and a Strengthened Financial Position

AFMA Group reported revenue of MAD 191 million in the first half of 2026, together with an improvement in its financial position. This performance...

Unimer Group: Seafood Products Return to a Growth Trajectory

Unimer Group posted consolidated revenue of MAD 434 million in the first half of 2026, compared with MAD 392 million a year earlier, representing...

Currencies: The Dollar Regains Ground, the Euro Holds Firm and the Yen Raises Concerns

Global foreign-exchange markets are entering a new phase of volatility. The euro is trading around $1.16, the US dollar is benefiting from renewed support...

Morocco: International Finance Moves to the Center of the Growth Strategy

The new 2026–2035 partnership framework between Morocco and the World Bank provides for an indicative financing envelope of up to $15 billion. This outlook...

Morocco–Germany: €250 Million to Strengthen SME Financing

The financial partnership between Morocco and Germany is strengthening financing conditions for the private sector. KfW Development Bank has signed a €250 million agreement...
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