Morocco
Morocco sets new tourism record with nearly 16 million visitors in 2024
Morocco’s tourism industry recorded, by the end of November 2024, 15.9 million tourist arrivals according to the Ministry
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The proposed Africa Energy Bank, focusing on oil and gas ventures across the continent, is set to kick start later this year, with an initial authorized capital of $5 billion.
The bank, a partnership between Afreximbank and the African Petroleum Producers Organization (APPO), is meant to help plug a funding gap in Africa amid pressure on major banks from environmental groups to shift investment dollars away from climate-warming oil and gas projects.
Each African member country is expected to contribute a minimum of $83 million for a total of around $1.5 billion.
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Africa
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Algeria launches $2.3 billion gas expansion project
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Drought hits food access for 26 million in southern Africa, says UN
A severe drought in southern Africa, intensified by the 2023-2024 El Niño, has left 26 million people facing acute food
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Biden says U.S. is “all in on Africa” on his first visit to the continent, pledges $1B in aid
During the first visit by a U.S. president to Africa in nearly a decade, President Joe Biden told Angola’