Connect with us

Business

Invest Africa, Embassy of the Kingdom of Morocco in the United Kingdom, and AMDIE Announce Strategic Partnership for Investor Mission to Morocco

Published

on

Invest Africa

This initiative aims to facilitate the identification of viable investment opportunities while fostering enduring partnerships that will contribute to Morocco’s economic growth

LONDON, United Kingdom, October 3, 2024/APO Group/ — 

Invest Africa (www.InvestAfrica.com), the leading pan-African business platform, is pleased to announce a strategic partnership with the Embassy of the Kingdom of Morocco in the UK and the Moroccan Agency for Investment and Export Development (AMDIE) to host an exclusive Investor Mission to Morocco from 2–5 December 2024. This high-profile delegation, comprising 30 senior executives and investors from leading British and international companies, will explore Morocco’s dynamic investment landscape, with a focus on energy, infrastructure, and financial services. The mission builds on the momentum created earlier this year by Invest Africa’s collaboration with the Moroccan Embassy during the Morocco Investment Forum in London.

Strategically positioned at the crossroads of Africa, Europe, and the Middle East, Morocco offers a wealth of opportunities for international investors. Under the leadership of His Majesty King Mohammed VI, the country has introduced a new investment charter designed to streamline business operations and provide enhanced support for foreign enterprises. Morocco’s progressive policies in renewable energy and infrastructure further strengthen its position as a key gateway to the broader African market.

The upcoming Investor Mission comes at a pivotal moment, as Morocco prepares to co-host the 2030 FIFA World Cup, providing timely, hands-on access to the country’s thriving sectors. The delegation will have direct access to key stakeholders, including government ministers and business leaders, through exclusive meetings, site visits, and participation in the African Development Bank’s Africa Investment Forum, set to highlight the significant investment prospects across the country.

Chantelé Carrington, CEO of Invest Africa, commented on the upcoming mission: “In a world where strategic positioning is everything, Morocco stands out with its blend of stability, innovation, and growth potential. This Mission is about unlocking the untapped – and under tapped – potential that Morocco offers to global investors. By collaborating with the Moroccan Embassy in the UK, we are creating a platform where business meets opportunity, paving the way for impactful and sustainable investments in this critical African market.”

In a world where strategic positioning is everything, Morocco stands out with its blend of stability, innovation, and growth potential

His Excellency Hakim Hajoui, Ambassador of the Kingdom of Morocco to the UK, emphasised the significance of the initiative: “Under the visionary leadership of His Majesty King Mohammed VI, Morocco’s role as a center for trade and innovation has been significantly bolstered. Following the success of our Embassy’s collaborative events with Invest Africa, this mission provides investors with a unique platform to witness firsthand the concrete opportunities that have been presented to them. These are not merely potential prospects, but real opportunities that require on-the-ground action. We anticipate that this mission will result in concrete, impactful achievements that will further drive Morocco’s economic progress and support sustainable development across the African continent.”

Throughout the five-day programme, delegates will engage in high-level meetings, site visits, and networking events, offering direct access to both public and private sector leaders in Morocco. This initiative aims to facilitate the identification of viable investment opportunities while fostering enduring partnerships that will contribute to Morocco’s economic growth and support sustainable development across the African continent.

Invest Africa has a proven track record of organising successful trade and investment missions across Africa, with recent visits to Zambia, Tanzania, Ethiopia, and Angola. This Mission is set to build on this legacy, offering delegates a unique gateway into one of Africa’s most promising markets.

For more information on Invest Africa Investor Mission to Morocco: https://apo-opa.co/4essRal

Distributed by APO Group on behalf of Invest Africa.

Business

Morocco’s First Africa’s Business Heroes (ABH) Top Three Finalist is Pioneering Water and Sanitation Solutions

Published

on

Africa’s Business Heroes

Her inspiring leadership, technical knowledge and commitment to making a difference have seen her rise as a business leader in the water and sanitation industry

RABAT, Morocco, April 7, 2025/APO Group/ —

In a remarkable milestone for Morocco, Dr. Salma Bougarrani has made history by becoming the first female Moroccan entrepreneur to reach the Top three finalists in the esteemed Africa’s Business Heroes (ABH) www.AfricaBusinessHeroes.org/ Prize Competition. Finishing as the 1st Runner-Up. Dr. Bougarrani, the co-Founder and CEO behind Green Watech (apo-opa.co/4jrjZnv), is not just pushing sanitation forward for the rural communities; she’s also blazing a trail for women entrepreneurs in an industry where females are often not noticed or heard from. Her inspiring leadership, technical knowledge and commitment to making a difference have seen her rise as a business leader in the water and sanitation industry.

The recognition from ABH, the Jack Ma Foundation’s flagship philanthropic program in Africa, aligns with its mission to spotlight and support local talent like Dr. Bougarrani, who are driving positive change in their communities. Over a decade, the program aims to honor 100 African entrepreneurs while providing grant funding, training and broader ecosystem support to foster African entrepreneurship.

Dr. Bougarrani’s journey into the world of water and sanitation began with her firsthand observations of untreated wastewater wreaking havoc in Moroccan villages. Witnessing these difficulties sparked her passion for creating sustainable solutions, leading her to leave the world of academia and pursue a career in entrepreneurship. In 2018, she formed Green Watech to give rural communities access to reasonably priced and energy-efficient sanitation systems. She holds a PhD in Advanced Water Treatment Processes from Med V University and Leipzig University.

Impacting Lives Through Sustainable Innovation

At the centre of Green Watech’s innovation is a groundbreaking soil-based filtration system, which provides the means to treat wastewater for agricultural irrigation. Unlike expensive, energy-hungry technologies, this system is all about being low-maintenance, budget-friendly, and sustainable – perfect for rural communities that often struggle with limited infrastructure. By cutting down the need for fresh water by as much as 70%, Green Watech is transforming the water management landscape in Morocco.

Since its inception, Green Watech has changed the lives of over 30,000 people in 17 Moroccan villages and farms. The company has cleaned more than 200 million litres of wastewater, which helps with water shortages and makes farms more productive. Thanks to Green Watech’s participatory model, local communities actively participate in the process. Villagers are taught how to set up, maintain, and grow sanitation systems through training programs, which promote resilience and sustainability in the long run.

Green Watech’s soil-based filter system also cuts down on the need to use fresh water for crops. It offers a long-lasting, cheap, and easy-to-keep-up answer for people in rural areas. The company plans to grow beyond Morocco in the future. It aims to reach North Africa and other places during the year.

Breaking Down Barriers as an ABH Trailblazer

Dr. Bougarrani’s recognition as the first Moroccan entrepreneur to be placed among the top three finalists in the ABH competition is significant. Her success defies cultural expectations and gender norms in a field where male entrepreneurs predominate. Her accomplishment serves as a role model for aspiring female entrepreneurs throughout Africa and highlights her technical expertise and leadership abilities.

Her work in sustainable water management has gained her worldwide recognition. She has received top honours, including the United Nations Industrial Development Organization (UNIDO) Grand Prize.

The Future of Green Wateche

Dr. Bougarrani plans to put the $150,000 prize back into Green Watech to help it reach more African communities in need. She has an ambitious goal to reach 1 million end-users by 2030.  Her career is an outstanding example of how someone with a strong will and passion can break walls, challenge stereotypes and uplift entire communities.

2025 ABH Applications Are Now Open

African entrepreneurs who want to enter the 2025 edition of the competition and stand a chance to win a share of US$1.5 million can do so at https://AfricaBusinessHeroes.org/en/register.

Distributed by APO Group on behalf of Africa’s Business Heroes (ABH

Continue Reading

Business

African Development Bank and Bank of Africa Tanzania sign $7.5 million facility to boost trade finance

Published

on

The facility will support small and medium-sized enterprises (SMEs) and local corporates engaged in the import sector

DAR ES SALAAM, Tanzania, April 7, 2025/APO Group/ –The African Development Bank (www.AfDB.org) and the Bank of Africa Tanzania (BOAT) have signed a $7.5 million trade finance transaction guarantee facility to boost trade finance activities of the Bank of Africa in Tanzania.

Under this facility, the African Development Bank will provide a guarantee of up to 100% to confirming banks against non-payment risks arising from letters of credit and similar trade finance instruments issued by the Bank of Africa Tanzania. The facility will support small and medium-sized enterprises (SMEs) and local corporates engaged in the import sector. The facility aligns with efforts to bolster intra-Africa trade, contributing directly to the objectives of the African Continental Free Trade Area (AfCFTA) (https://AU-AfCFTA.org/).

This partnership strengthens our ability to support businesses across various sectors by providing seamless trade finance solutions

Speaking at the signing event on March 10, 2025, in Dar es Salaam, the Bank’s Country Manager for Tanzania, Patricia Laverley, stressed the importance of the facility in addressing Tanzania’s trade finance needs, saying that given the country’s import requirements, it will aid priority sectors such as trade, agriculture, manufacturing, and energy. “This facility will support trade by enabling BOAT to play a more strategic role in the regional and international market.”

Representing BOAT’s management, Deputy Managing Director Hamza Cherkaoui lauded the strong partnership with the African Development Bank, emphasizing its role in expanding trade finance capabilities across the continent. “This partnership strengthens our ability to support businesses across various sectors by providing seamless trade finance solutions, expanding our confirmation network, and enabling access to top-tier confirming banks,” he said.

The new Trade Guarantee facility aligns with Bank of Africa Tanzania’s strategic priorities and the African Development Bank’s broader objectives, including promoting regional integration, increasing food security, and industrializing Africa. It also supports Tanzania’s Country Strategy paper 2021-2025, which focuses on enhancing the private sector business environment for job creation. It also aligns with the country’s development vision (Vision 2025), which aims to build a strong and resilient economy capable of competing globally.

The signing of the agreement marks a significant milestone in the African Development Bank Group’s direct engagement with Tanzania’s private sector, reinforcing its commitment to strengthening the country’s financial sector and economic development.

Distributed by APO Group on behalf of African Development Bank Group (AfDB

Continue Reading

Business

PAC Capital Limited Named Best Transaction Advisory Firm in Nigeria at the Grand Annual Awards Ceremony 2025

Published

on

PAC-Capital

As part of the PanAfrican Capital Holdings Group, PAC Capital continues to expand its footprint across Africa and globally, with a focus on impact-driven transactions that promote sustainable economic growth

LAGOS, Nigeria, April 7, 2025/APO Group/ –PAC Capital Limited (www.PACCapitalLtd.com), a leading investment banking and advisory firm, is proud to announce its recognition as the Best Transaction Advisory Firm – Nigeria 2025 by the International Business Magazine Awards!

The award celebrates PAC Capital’s consistent track record in structuring and executing high-impact transactions across various sectors, including infrastructure, energy, transport, and financial services. This international recognition highlights the firm’s commitment to excellence, innovation, and delivering value-driven advisory services.

At PAC Capital, we are committed to delivering transformative financial solutions that not only meet but exceed expectations

Humphrey Oriakhi, Managing Director of PAC Capital, expressed his pride and appreciation for the recognition:

“This award is a strong validation of our efforts to lead with insight, integrity, and innovation in the transaction advisory space. We are truly honored to be acknowledged on a global platform. I dedicate this achievement to our clients who trust us with their most strategic decisions and to our team whose dedication fuels our success.”

Bolarinwa Sanni, Executive Director of PAC Capital, emphasized the importance of collaboration and resilience in the firm’s journey:

“Winning this award reflects the strength of our advisory team and the boldness of the clients we serve. At PAC Capital, we are committed to delivering transformative financial solutions that not only meet but exceed expectations. This recognition inspires us to keep pushing boundaries and shaping Africa’s investment landscape.”

As part of the PanAfrican Capital Holdings Group, PAC Capital continues to expand its footprint across Africa and globally, with a focus on impact-driven transactions that promote sustainable economic growth.

Distributed by APO Group on behalf of PAC Capital Limited

Continue Reading

Trending