Attijari Wafa bank

Morocco spends 90% of its FDI in Sub-Saharan Africa

Morocco has encouraged its companies to invest in Sub-Saharan Africa to an extent that its geared 90% of its foreign direct investments to the region in the period spanning from 2010 to 2018, the Financial Times reported. Ethiopia, Côte d’Ivoire and Cameroon were top destinations of Moroccan investments, the publication said. Morocco’s exports to West […]

Morocco advances green hydrogen strategy with measured approach to technology, finance

Morocco reached a new milestone in its hydrogen strategy with March 2025 announcement of six green hydrogen projects in southern regions totaling 319 billion dirhams. Guelmim, Laayoune, and Dakhla emerge as new centres for energy transition now playing out at territorial scale. Five selected consortiums, including Emirati Taqa, Spanish Cepsa, and German Nordex partnered with […]

UN Security Council extends UNSMIL mission till end of September

The UN Security Council unanimously agreed Wednesday to extend the UN Support Mission in Libya (UNSMIL) until the end of the month. “The situation in Libya continues to constitute a threat to international peace and security,” the Security Council said in its resolution of UNSMIL 15-day mandate extension. Both the US and Russia backed the […]