Morocco: Latest News

  • Shopping Marrakech: Why It’s A Bit Like Las Vegas

    Shopping Marrakech By Staff, 8:57 am

    It’s an odd comparison, but it has some merit. Marrakech can seem a bit like Las Vegas. There’s the cloying heat the moment you step off the plane, the abundance of global mega-resort chains, and a rotating roster of world-class DJs touring colossal clubs in this glittering desert oasis. And just like Vegas, Marrakech is a shopper’s paradise. Its medinas and alleyways are crammed with hole-in-the-wall operations hawking everything from gossamer djellaba gowns and sumptuous carpets to vials of argan oil and delicate combs fashioned from camel bone.

  • Uber, Airbnb Are Most Valuable US Tech Startups Doing Business In Africa

    most valuable US tech startups doing business in Africa By Dana Sanchez, 1:45 pm

    In the process of tapping into the sharing economy, Airbnb tapped into a relatively unfilled niche in Africa — the need for reliable, mid-range accommodation in African cities. Doing so helped Airbnb become the second most valuable U.S. startup in 2016. Valued at $68 billion, Uber is the most valuable startup in the U.S. and across the globe — proof that you can get rich by sharing.

  • 15 Wet And Wild Outdoors Activities To Do In Africa

    wet and wild outdoors activities to do in Africa By Dana Sanchez, 7:00 am

    You need a visa to visit Eritrea, and another permit to go to Eritrea’s Dahlak Archipelago, a chain of 124 small islands and two larger ones in the Red Sea near Massawa. Off the beaten path doesn’t begin to describe it. You can expect pristine beaches and unparalleled marine life with few other tourists for miles. Dahlak’s pearl fisheries have been famous since ancient times. Charter yachts can be hired for scuba diving and pearl fishing. During years of war, fishery came to a halt in the area. The unexpected result of isolation? There are lots of fish and they aren’t shy.

  • An Investment Banker’s 54 Wishes For African Economies In 2017

    54 Wishes For African Economies in 2017 By Kurt Davis Jr., 4:29 pm AFKI Original

    A sense of what Zimbabwe can expect post-Mugabe. Partnership in the fight against terror for Tunisia. Better strategies combating poverty and HIV in Swaziland. These are just a few of the wishes that a U.S. investment banker visualizes for African countries as the old year winds down and 2016 gives way to 2017.

  • CAF Reveals Nominees For Various Soccer Award Categories

    Alex Iwobi - Soccer Award Categories By Peter Pedroncelli, 2:30 am AFKI Original

    While much of the focus inevitably falls on the African Player of the Year accolade, the various nominees for other soccer award categories have been revealed by CAF ahead of the gala event in January. The additional categories included Women’s Player of the Year, club and national teams of the year, coach of the year and accolades for promising young players.

  • Opinion: Be Patient With Trump In Africa. First He Has To Make America Great Again

    Trump in Africa By Kurt Davis Jr., 11:34 am AFKI Original

    Businessman Trump knows better than anyone that you must have the right friends to survive. Tunisia could be the surprise special relationship. A successful democracy there would boost the fight against terror. Nigeria could go either way with Trump. He wants to help oil in the U.S. This could hurt Nigeria. Political and financial engagement with Egypt, South Sudan, and South Africa will see some rebalancing. Trade that benefits the U.S. is low-hanging fruit for Trump, but how does he view AGOA? He promised to re-evaluate all trade agreements.

  • Off-Road Adventure: Cruising Morocco’s Monsterous Erg Chebbi Dunes

    Erg Chebbi dunes By Colin Kilkelly, 7:00 am

    Merzouga, a bustling desert town, is the jumping-off point for journeys into the desert. You’ll need a 4×4 and a local driver. You can feel the sand, soft as talcum powder, sucking the vehicle down as you cross the wadi. The locals are friendly. They’ll invite you for tea in exchange for cigarettes. Nomads have been living here for millennia, but the rhythm of life is the same as it ever was. To be a nomad is the pinnacle of Arabian nobility. The Prophet himself was a nomad. In ancient times, it took camel trains two months to get from Merzouga to Timbuktu. Now the same journey takes two days in a 4×4.

  • Nigeria And Morocco Wealth Funds Plan Natural Gas Pipeline To Europe

    By Kevin Mwanza, 5:33 am

    Nigeria has signed a deal with Morocco to construct Trans-African gas pipeline that will connect the continent’s largest oil producer to Europe’s lucrative gas market. The 4,000 kilometer-long pipeline, to be funded by the Nigeria Sovereign Investment Authority and Ithmar Capital, a Moroccan sovereign wealth fund. The two governments signed the joint partnership during a state visit by Morocco’s King Mohammed to his Nigerian counterpart,

  • Opinion: Africa Needs More Healthcare Real Estate Investment Trusts

    Africa needs more healthcare real estate investment trusts By Dana Sanchez, 1:39 pm

    There is a gap for hospital services in Africa and property investors can benefit from this with healthcare real estate investment trusts, an expert says. A REIT is a company that owns, and in most cases operates, income-producing real estate. Large hospital owners like Netcare or Life Healthcare in South Africa could sell hospitals to a property manager who runs a healthcare REIT. The REIT would then lease them back. REITs provide investors with a liquid stake in real estate, special tax considerations and typically high-dividend yields. In more mature markets, healthcare REITs are often popular investments.

  • Nigeria Topple Algeria, SA Stun Senegal In World Cup Qualifying

    Victor Moses - Nigeria squad By Peter Pedroncelli, 12:21 am AFKI Original

    The third round of African World Cup qualifying continued this past weekend, with the 20 teams from the continent left with a chance of securing one of the five spots allocated to Africa in action across the continent. This is how the 10 African World Cup qualifying matches turned out for the participating nations looking to earn their ticket to Russia in two years’ time.

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