Banque Marocaine du Commerce Extérieur (BCME Bank) just started construction of a 45-storey and 250 m tower in Bouregreg, near Rabat, for 3 billion dirham ($307 million).
Construction works for the tower which is to be Africa’s tallest started on March 9. King Mohammed VI was present at the launching. The tower is the central pillar of the future urban, touristic and cultural centre which will be established in Rabat. The Wessal Bouregreg as it is named is one of the major components of the “Rabat Ville Lumière, Capitale marocaine de la Culture (Rabat City of Lights, Capital of Culture)” program, launched by the king in May 2014.
Covering a 3 hectares area, the tower should house a 350 seats auditorium, businesses at the ground floor, offices in the first 12 floors, a residential area from the 13th to the 26th floor (55 apartments) and a luxury hotel in the upper floors. The four remaining floors will host high-standing apartments.
A third of the tower’s façade will be covered with photovoltaic panels which are to power the infrastructure.
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Circular migration is based on structured, value-added mobility between countries of origin and host...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Africa’s trade deficit with China widened 64.5% to $102 billion in 2025 Chinese exports ...
Libya plans to launch 5G services after completing first-phase preparations State-owned LPTIC names Al-Madar Al-Jadeed as the first national 5G...
Gabon has commissioned the first 8.5 MW phase of the Mayumba gas power plant The project is developed under a public-private partnership with...
FDI to Africa dropped to $59 billion in 2025, with North Africa down 67% Sub-Saharan Africa proved more resilient, posting a limited 6%...
The EU will fund €25 million to support artisanal fisheries in Liberia’s coastal counties The project targets cold storage, ice production,...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...