Across the continent, countries in Africa are gearing up for the energy transition by implementing policy and legislative frameworks that take into account the energy crisis and the need for a renewable, decarbonized, decentralized energy supply that addresses climate change and the commitments made under the Paris Agreement. Ahead of the United Nations Climate Change […]
Category Archives: Morocco News
Morocco News
Egypt News, Morocco News, Startups
MaxAB raises $40 million from Silver Lake, BII, and DisruptAD to support company growth and regional expansion
MaxAB, an e-commerce and distribution platform for food and grocery items, has announced the close of a $40 million pre-series B equity round to finance its expansion into the Middle East, North Africa and Pakistan region. New investors in this round include Silver Lake, British International Investment and DisruptAD, along with existing investors Beco Capital, […]
Africa Travel, Egypt News, Morocco News
Africa hotel development: It’s Egypt, Morocco, Accor & Marriott
Just four words are needed to sum up the main findings of this year’s African hotel chain development pipeline survey conducted by W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF); those words are Egypt, Morocco, Accor and Marriott. This year’s annual survey, which is widely acknowledged as the industry’s most authoritative […]
The bi-annual Global Retail Development Index (GRDI), which is a study of the global retailing landscape has revealed Africa is poised to move away from traditional retail models and become the fastest-growing, richest, and most sophisticated market in the world. Prashaen Reddy, a partner at management consulting firm Kearney says that this is thanks to the […]
Casablanca, Morocco, 1st November 2021. — Draper Startup House has opened its first location in Morocco, partnering with KOWORK Anfa Place in Casablanca. With the launch, Draper Startup House expands its presence into Africa in a year when tech startups in the continent raised a record-breaking $1.1 billion through the first eight months of the […]
On Monday, 11 October, the Moroccan Agency for Tourism Development (SMIT) hosted the Morocco Tourism Investment Day as part of Morocco: Global Investment Hub Week, which took place at the Morocco Pavilion at Expo Dubai 2020, in partnership with Bench, the organiser of the Africa Hotel Investment Forum (AHIF), which is the premier hotel investment conference in Africa. […]
Algeria News, Libya News, Mauritania, Morocco News, Startups, Tunisia News
Startups. After a new record number of applications for EMERGING Mediterranean, it’s time for the next program highlight: the Bootcamp of the 2 Shores, July 9-11
The 30 shortlisted startups will attend 3 inspiring days Once again, the EMERGING Mediterranean call for applications was an undeniable success with 305 applications, 31% of which were from women, giving an overall increase of 34% compared to 2020. A success revealing a dynamic region, a go-getting youth community and the programme’s strong interest entrepreneurial […]
The call for applications is open to any startup based in Mauritania, Morocco, Algeria, Tunisia or Libya that has been operating for over 18 months in one of the following areas: e-health, climate, mobility, agritech, social economy and financial inclusion. As a result of the work done during the preparatory forums for the Summit of […]
With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business practices. However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction. […]
Coming ahead of the World Food Day celebrations on Oct 16th, the month-long event will seek to showcase diversity of the Kenyan food industry & support a recovering industry impacted by COVID-19. Africa’s leading E-commerce platform Jumia has announced the launch of a Food Festival Campaign which will take place from 1st to 31st October. The campaign […]
Despite their geographic proximity and many commonalities, the insurance markets of Morocco, Algeria and Tunisia have significant differences – economic, demographic and cultural. A new AM Best report, “The Maghreb – One Region, Three Unique Insurance Markets,” examines the long-term prospects of the three insurance markets of the Maghreb region. Over the past five years, […]
Egypt News, Kenya News, Main, Malawi News, Mauritius News, Morocco News, Namibia News, Nigeria News, Seychelles News, South Africa News, Tanzania News, Tunisia News, Zambia News
African competition authorities respond to the COVID-19 crisis
Lerisha Naidu, Partner, Sphesihle Nxumalo, Associate, and Thato Mkhize, Candidate Attorney, Competition and Antitrust Practice, Baker McKenzie, Johannesburg The substantial increase in confirmed COVID-19 cases in Africa has led to innumerable complaints of anti-competitive conduct from customers and consumers across the continent, who have expressed concerns over sudden price hikes of healthcare and hygiene products […]
Morocco News, South Africa News, Startups
Support for digital startups: AWIEF and partner of the Mohammed VI Polytechnic University of Morocco launch the Leadtech incubation program
AWIEF works with the Mohammed VI Polytechnic University (UM6P) of Morocco, a world-class institution created by the OCP Group, and conducts various innovative research for the development of the African continent. This incubation program was presented on March 9 in Lagos during the international women’s day AWIEF 2020. Africa is the fastest growing technology market […]
Africa holds around 7% of the world’s proven crude oil and natural gas reserves, yet the continent remains largely under-explored. It’s safe to say that the motherland is far from having exploited its full potential. For this potential to bear fruit and translate into economic development and jobs, several things need to happen. Good thing […]
African News, Business, Egypt News, Ethiopia News, Gambia News, Main, Morocco News, Mozambique News, South Africa News, Zambia News, Zimbabwe News
The growth of competition laws and enforcement in Africa
By Lerisha Naidu, Partner, and Angelo Tzarevski, Senior Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg African competition law on the continent is the subject of notable growth. An increasing number of jurisdictions have adopted laws and regulations, established authorities, secured membership to regional antitrust regimes and ramped-up enforcement of suspected violations of prevailing competition […]
Africa Travel, Morocco News, Republic of Côte d'Ivoire (Ivory Coast)
FIHA 2020: Accor plays host in Ivory Coast
Bench Events, the organiser of the Africa Hotel Investment Forum (AHIF), which is the premier hotel investment conference in Africa, today announced that Accor will be the host sponsor of the Francophone sister event, the Forum sur l’Investissement Hôtelier Africain (FIHA) in 2020. The conference will take place on March 23-25, at the Sofitel Abidjan […]
African News, Morocco News
International Organization for Migration (IOM), Experts Gather on Environmental Migration, Climate-Resilient Reintegration of Returning Migrants
In West Africa, environmental challenges are widely believed to drive migration from rural areas, where livelihoods are largely dependent on natural resources (agriculture, mining and fisheries). Simultaneously, these challenges impact the sustainability of reintegration for returned migrants, limiting their livelihood options and the availability of natural resources, such as water and land, and food. Given […]
Morocco News, Startups
The key Moroccan start-up support players come together to promote a competitive innovation ecosystem in Morocco
In the last 3 years, start-ups have been generating a growing interest in Morocco among public institutions, international organizations and corporates. At the African level, startups have managed to attract more than $1 billion in investments from international venture capital players in 2018, which clearly demonstrates their economic and societal impact. Today, Morocco has the […]
Africa Travel, Botswana News, Kenya News, Kingdom of Eswatini News, Morocco News, Uganda News, Zambia News
Hilton Garden Inn continues investing in Africa
Hilton Garden Inn opened four properties and an additional 14 in the pipeline just three years after opening its first hotel on the continent in 2016. Many of these properties represent first-in-country openings for Hilton Garden Inn and for the Hilton enterprise as a whole, including Botswana, Zambia and Uganda. Speaking from Africa’s Travel Indaba, […]
Africa Travel, Morocco News
The 100% African hotel group ONOMO Hotels will open 7 new hotels in Morocco during 2019 (Rabat, Casablanca, Tangier)
Indeed, the 100% African hotel group announced the opening of its new flagship, ONOMO Casablanca City Center on March 1, 2019. An urban hotel that challenges the definition of mid-scale hotels by offering generous spaces with a refined design and a high-quality service matching the African hospitality. Present in 9 African countries with 14 operating […]
Egypt News, Kenya News, Morocco News, Startups
Outlierz Ventures announces its first five investments on the African continent
Outlierz Ventures, Africa-focused VC fund, announces its first five investments on the continent. Based out of Morocco, Outlierz Ventures, is one of the pioneer early-stage VC fund from Francophone Africa dedicated to early stage tech-enabled companies across the continent, and backed by private investors from Silicon Valley, Middle East and Africa. Since its inception in […]
African News, Events, Morocco News
An increase of 12-20% in tax collection can raise up to $400bn and go a long way in funding $600bn financing gap Africa faces
Africa’s needs to build more resilient economies if it is to have the resources to meet its development goals and targets over the next few decades. This requires the continent to prioritise domestic revenuemobilisation efforts and triple current rates of growth. These were some of the takeaways from the Economic Commission for Africa (ECA) (www.UNECA.org) […]