Morocco Turkey Trade Ministers Moulay Hafid Elalamy & Ruhsar Pekcan

Morocco Faces Systemic Climate Vulnerability, L’Economiste Reports

Morocco is confronting a systemic vulnerability to climate shocks that is reshaping its economic and social landscape, according to a report published by L’Economiste daily. The newspaper reports that once-rare drought cycles now follow one another at an unprecedented pace, driving a sharp decline in freshwater reserves and a critical reduction in dam reservoir levels, […]

Somaliland courts U.S. with Red Sea base and minerals in bid for recognition

Somaliland’s new president, Abdirahman Mohamed Abdullahi, is offering the United States access to a strategic military base near the Red Sea and critical mineral resources, including lithium, in exchange for formal diplomatic recognition. The breakaway region, which declared independence from Somalia in 1991, has yet to receive international recognition despite decades of stability and democratic […]

COP22: WB & Morocco to establish GGIF for Africa fund to boost green economy in Africa

Morocco and the World Bank Wednesday agreed during the finance summit of the UN conference on climate change (COP22) in Marrakech to launch the “Green Growth Infrastructure Facility for Africa” tasked to spur green economy on the African continent and pull together environment-friendly private and public investments. GGIF for Africa is first true green economy […]