Emerging Markets Energy Headlines

Morocco to set up new gas power plant worth $415 million

Morocco plans a gas power plant near Al Wahda dam with a total capacity of 990 megawatts and for a cost of 415 million dollars. State-owned water and electricity utility will offer 20% of the funding while the rest will come from securitization and bank loans, Le Matin daily reported, citing an official financial document. […]

Business Emerging Markets Headlines Morocco

Morocco’s tomatoes production up 17% in 2014-2023

Morocco’s production of tomatoes grew by 17% between 2014 and 2023, the UN’s Food and Agriculture Organization (FAO) said. Production increased from 1.23 million tons a decade earlier to 1.44 in 2023, it said, noting a drop in some main markets. The EU expects Morocco to remain its main tomato supplier until 2035, due to […]

Africa Headlines International Morocco

CAN Morocco 2025: Official logo unveiled, a blend of art and football

The official logo for the Africa Cup of Nations (CAN) 2025, set to take place in Morocco, was unveiled on Saturday, marking a key moment in the countdown to this major African football event, according to the Confederation of African Football (CAF). The logo, described as a modern and iconic symbol of African football, honors […]

Headlines Morocco

Morocco foils imminent terrorist plot, four extremist suspects arrested

Morocco’s Central Bureau of Judicial Investigations (BCIJ), working on accurate intelligence from the Directorate General of Territorial Surveillance (DGST), successfully foiled an imminent terrorist plot early Sunday morning. The plan, which was in its preparatory stages, involved carrying out explosive attacks. A coordinated operation by DGST special forces, BCIJ officers, the aerial brigade, and the […]

Africa Headlines International

South Sudan blocks social media platforms following violent retaliation over Sudanese killings

Authorities in South Sudan have imposed a suspension on major social media platforms for at least 30 days after videos circulated online purporting to show the killings of South Sudanese nationals in Sudan’s El Gezira state. The footage prompted widespread outrage and led to deadly revenge attacks, including riots in several South Sudanese cities where […]

Africa Emerging Markets Finance Headlines International

Africa’s debt crisis: interest payments on debt soar amid govt’s growing financial strain

As many African countries are struggling to service their debts, a new World Bank report warns that interest payments on long-term debt in sub-Saharan Africa surged nearly seven-fold to $26 billion between 2010 and 2023. The sharp increase came as the region’s foreign borrowing doubled to $864 billion within the same period. Africa’s worsening debt […]

Africa Emerging Markets International

Guinea takes control of MTN Subsidiary Areeba Guinea, faces challenge of modernizing telecom operator

The Guinean Government has taken control of the telecommunications operator Areeba Guinea, previously owned by the South African group MTN. This move asserts Guinea’s sovereignty over its telecommunications sector, but the real challenge will be revitalising an operator that has fallen behind in modernizing its infrastructure. MTN Guinea had a 21% market share in the […]

Africa Energy Headlines International Mauritania

Mauritania-Senegal joint GTA gas project launched, hailed as new era of energy security

British energy giant BP has officially launched gas production at the Grand Tortue Ahmeyim (GTA) field, strategically located along the maritime border between Senegal and Mauritania that represents a promising source of natural gas and a lever for economic transformation. During a recent ceremony, Senegal’s president, Bassirou Diomaye Faye, recently welcomed a delegation from the […]

Algeria Columns Energy Headlines Mauritania

Mauritania quits stalled gas pipeline project with Algeria

Mauritania has announced its withdrawal from the gas pipeline project with Algeria after almost two years and a half of inaction of Algerian authorities to implement this project, according to press reports. Since the visit paid by Algerian energy minister Mohamed Arkab to Mauritania in June 2022, nothing moved forward. The minister had presented a […]

Europe Headlines International Morocco

Annual diplomatic charity gala dinner held in Rabat, funds raised go to Moroccan veterans’widows

The annual diplomatic charity gala dinner, organized by the embassy of France and the Diplomatic Foundation was held Friday in Rabat under the effective chairmanship of Princess Lalla Hasnaa chaired. The event, held under the high patronage of King Mohammed VI, has become an annual tradition organized at the initiative of the Diplomatic Foundation and […]