AIF 2025 begins in Rabat with 2,500 delegates and 41 vetted, investment-ready projects. The forum enhances GCC investor engagement and speeds up Africa’s infrastructure and energy transition. Boardroom sessions facilitate deal-making to close Africa’s $130–170 billion annual financing gap. The 2025 Africa Investment Forum (AIF) opened today in Rabat, Morocco, marking...

Facility targets decarbonization of carbon-intensive firms via structured financing Initiative supports South Africa’s coal phase-out and promotes transition finance adoption British International Investment (BII), the United Kingdom's development finance institution, and South African bank FirstRand have announced a $150 million financing facility to accelerate energy...

Orange Morocco opens 1.5MW data center in Casablanca for cloud, AI, security Facility supports Maroc Digital 2030 goals, boosts digital sovereignty and resilience Equipped with solar panels, meets Uptime standards, enhances local hosting capacity Orange Morocco has opened its new “Orange Tech” data center in Casablanca, a 1.5 megawatt (MW) facility designed to support...

Morocco launches program to back startup investment funds under Maroc Digital 2030 Government aims to boost funding, reduce risk for early-stage firms Target: 3,000 startups, $753M raised, and 1-2 unicorns by 2030 The Moroccan government launched a program last week to support investment funds that back startups, the Digital Transition Ministry said. Digital Transition...

The ECTN is now compulsory for all imports and exports entering Somali ports. Non-compliant shipments face rejection, fines, seizures, or license suspension. The measure centralizes port revenues and strengthens transparency and security. Somalia is strengthening port governance with the enforcement of mandatory use of the Electronic Cargo Tracking Note (ECTN). Since late...

Morocco signs deal to build its first green polysilicon production unit. The $864 million project will produce 30,000 tons a year, mostly for export. The plant supports national goals for sustainable industry and solar expansion. Morocco announced on November 22 a major industrial project following the signing of an agreement between the Ministry of Investment and GPM...

The Treasury seeks BEAC support to improve issuance and management of public securities. Training focuses on DEPO/X, market analysis, and better financing planning. The country’s securities market has expanded steadily over the past decade. The Central African Republic’s Treasury has requested technical assistance from the Bank of Central African States (BEAC) to strengthen...

Two ministries agree on shared transport services for vocational trainees. The plan supports equal opportunity and better learning conditions nationwide. The move comes as Algeria faces a 9.7 % unemployment rate in 2024. On November 24, in Algiers, the Ministry of Vocational Training and Education (MFEP) and the Ministry of Higher Education and Scientific Research (MESRS)...

McKinsey expects African data center needs to rise 3.5 to 5.5 times by 2030. Capacity could reach up to 2.2 GW, requiring $10–20 billion in investment. Growth driven by AI adoption, cloud migration, and public-sector digitalization. Africa’s demand for data centers is expected to increase by 3.5 to 5.5 times its current level by 2030, driven by faster digitalization in...

Algeria launches a shared call center to support telecom sector expansion. The project aims to create 10,000 jobs and strengthen digital services. Demand for BPO services grows as Africa’s outsourcing market accelerates. Sid Ali Zerrouki, Algeria’s minister of Post and Telecommunications, inaugurated on November 23, the experimental phase of the shared call center for the...