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Morocco Signs €500 Million Partnership Framework With the OPEC Fund, Deepening Arab-African Financial Ties

Morocco has formalized a new high-value financing partnership with the OPEC Fund for International Development (OFID), signing a Country Partnership Framework worth an indicative €500 million for the period 2026-2028. The agreement was concluded by Finance Minister Nadia Fettah and OFID President Abdulhamid Al Khalifa on the sidelines of the IMF and World Bank Spring […]

Algerian-Chinese strong partnership waning in favor of Morocco

Longtime China’s strongest economic partner in the Maghreb, Algeria is seeing its western neighbor, Morocco, steadily stealing the show as Beijing is increasing investments and initiating mega projects in the kingdom, a more stable and futuristic country. Algeria since February last year has slid into political uncertainty and things are not getting any better as […]

Limits to Japanese ambitions in Africa to weaken China’s influence

Japan has recently announced an ambitious multibillion-dollar program of economic assistance to Africa — pledging to spend $30 billion on the continent and stressing a focus on training African professionals, food production and green growth — in a bid to provide the continent with an alternative to Chinese lending and investment. The recent flurry of […]