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Category: Business
East Africa: EU Global Gateway struggles to challenge rival China’s BRI
To offer developing countries an “alternative” to China’s Belt and Road Initiative (BRI), the EU launched, in 2021, its €300 billion Global Gateway scheme but ... Read More
EBRD backs Morocco’s efforts to speed up green energy transition
The European Bank for Reconstruction and Development (EBRD) is joining efforts with Moroccan Ministry of Energy Transition & Sustainable Development to accelerate the decarbonization of ... Read More
Moroccan airlines to quadruple its fleet before 2030 World Cup
Moroccan state-owned airlines RAM is speeding up its expansion as it plans to quadruple its fleet to 200 by 2030, seven years of a previously ... Read More
EIB lends Morocco 1 billion euros to back reconstruction efforts
The European Investment Bank plans to lend Morocco 1 billion euros over the next three years in support of a reconstruction plan following the earthquake ... Read More
Mali cancels Air France’s clearance to resume flights
Malian authorities have nullified authorization given to Air France to resume flights to the West African country after the airline suspended its services in August ... Read More
Despite earthquake, Morocco’s tourism industry shows resilience on path to new record
Morocco is on course to break its tourist arrivals record with 11.5 million people visiting the country up to September this year, a figure that ... Read More
Morocco’s resistance to shocks reflects “strength of its economy & financial system” – IMF
Tobias Adrian, Director of Monetary and Capital Markets Department within the International Monetary Fund (IMF) emphasized the resilience of the Moroccan economy and its "impressive ... Read More
Morocco’s OCP Group teams up with WB to unlock Africa’s potential in global food security
Morocco’s Phosphate Group (OCP) and the World Bank agreed on Wednesday in Marrakesh to strengthen cooperation ties and programs benefitting five million farmers in Benin, ... Read More
Mauritania becomes observer member at Gas Exporting Countries Forum
Mauritania has acquired observer member status from the Gas Exporting Countries Forum (GECF), a grouping which collectively accounts for 70% of global natural gas reserves ... Read More
Morocco’s efforts to help students in quake-hit areas are ‘very impressive’, WB/IMF annual meetings in Marrakech testify to country’s resilience
The efforts being made to help schoolchildren in the regions of Morocco affected by the September 8 earthquake are "very impressive", stressed, on Tuesday in ... Read More