Helene Lindbergh

Botswana’s economic growth slowed to 1% in the first nine months of 2024 due to a decline in diamond production, offset by construction projects. Diamond output is expected to rise in 2024-2026, with GDP projected to rebound to 5.2% by 2025. The IMF warns of risks from synthetic diamonds and an increasing budget deficit. 0 SHARES

Abdoulaye Ouédraogo, chairman of SPONG, urged stakeholders from four African countries to share best practices in climate change efforts during the Benkadi program’s final year. Launched in 2021, the program has strengthened over 786 organizations, advocated for climate policy, and helped adopt Burkina Faso’s plastic bag ban. Discussions on a new, ambitious 2025 program are planned.

The Fez-Meknes Regional Council is advancing its 2022-2027 Regional Development Program with the launch of 71 new projects,

The Moroccan government aims to mobilize 50% private financing for climate projects by 2030, requiring major regulatory reforms. Key initiatives include strengthening climate risk management, enforcing transparency and disclosure on climate risks, conducting stress tests, and developing a green taxonomy. Incentives and risk-sharing mechanisms will enhance the bankability of green projects, attracting more private investment. 0 SHARES

Souss-Massa is fostering investment through incentives aimed at priority sectors and reducing regional disparities.

Faced with energy challenges exacerbated by the global crisis and rising energy prices, Morocco is seeking to transform its energy sector.

Emmanuel Macron honored France and Morocco’s deep historical ties, recognizing Morocco’s autonomy over its southern provinces.

Mining refineries in Africa face challenges due to limited, unstable energy supplies and security issues. Some countries consider coal plants to meet energy demands, but environmental and financial concerns deter investors. Projects like Guinea’s alumina refinery show potential but struggle with political and economic instability. Without stable governance and investment, local mineral refining remains uncertain. 0 SHARES

Since lifting travel restrictions, the Moroccan tourism sector has surged, with 13.1 million visitors by September 2024—up 29% from 2019.

At a meeting led by Salif Boussim, Burkinabe and ROSATOM experts discussed Burkina Faso’s nuclear power plant plans, addressing infrastructure, safety, and technical evaluations. A 2023 memorandum and subsequent agreements paved the way for collaborations on infrastructure assessment, training, and public awareness. This meeting aims to build a common understanding and outline a roadmap for energy sovereignty. 0 SHARES