Africa Finance Headlines International Morocco

AfDB approves €120 Mln financing for Morocco’s higher education

The Board of Directors of the African Development Bank (AfDB) Group has approved funding of €120 million under the Transformation Support Program for a Moroccan Digital, Entrepreneurial, and Inclusive University (UM 4.0). This program, which targets students, higher education teachers, entrepreneurs and young graduates, aims to contribute to the development of human capital and the […]

Americas Emerging Markets Headlines International Morocco

Morocco ready to promote startup ecosystem to a higher level (US Official)

Morocco is ready to promote its startup ecosystem to a higher level, coordinator of the US Prosper Africa initiative, British A. Robinson, said Tuesday in Marrakech. Speaking at the closing ceremony of the Morocco-USA Venture Capital Forum (May 27-28), Robinson underlined that Morocco boasts a startup ecosystem that is increasingly dynamic and innovative, and has […]

Finance Headlines Morocco

Morocco to spend $1bln to upgrade urban transports

Morocco will earmark 1 billion dollars to buy new buses in different Moroccan cities as part of a 2024-2029 urban transport modernization plan, the interior minister Abdelouafi Laftit said. In total, Morocco would need 3500 new buses in 32 cities as part of an investment that also includes the upgrade of ticket machines and stations, […]

Africa Business Emerging Markets Energy Headlines International

Africa needs stronger resources governance amid current global critical minerals rush — experts

African governments need to develop robust strategies for the critical minerals sector amid global rush for the continent’s lithium and other strategically important rare metals, a recent research has found. Demand for lithium, for example, tripled from 2017 to 2022, while the critical minerals market doubled in five years, reaching US$320 billion in 2022, according […]

Africa Headlines International

Russia ‘gained upper hand’ in parts of Africa, as it holds talks on security with Bahrain, Uganda

Bahrain’s King has urged Moscow to play a role in peacekeeping in the Middle East, while also Uganda and the Comoros have have recently held discussions with Russia on security issues affecting Africa and the possibility of resolving conflicts in the region, reflecting Russia’s expanding influence on the continent. During a recent official two-day visit […]

Americas Emerging Markets Headlines International Morocco Technology

Marrakech hosts Morocco-USA Venture Capital Forum

Marrakech hosted on Monday and Tuesday a Morocco-USA Venture Capital Forum, organized by the United States Embassy in Rabat, in collaboration with the US government initiative “Prosper Africa”. The forum, the first of its kind between the two countries on venture capital, brought together 25 of the most promising startups in the North African Kingdom. […]

Africa Americas Headlines International Morocco

The Gambia joins Proliferation Security Initiative

The Gambia has announced its accession as a new member of the Proliferation Security Initiative (PSI). The Gambia announced its endorsement of the Proliferation Security Initiative in a letter Gambian Foreign Minister addressed to his Moroccan peer, Nasser Bourita. Morocco and the United States of America welcome this decision, which marks a significant step forward […]

Europe Headlines International Morocco

Morocco and Spain coordinate healthcare cooperation ahead of world cup

Morocco and Spain discussed their cooperation plans in the health sector in preparation for the World Cup, which they will host in 2030 together with Portugal. This was raised during talks in Geneva by Morocco’s health minister Khaled Ait Taleb and his Spanish peer Monica Garcia, on the sidelines of a World Health Organization meeting. […]

Africa Headlines International

Sahel states hold military drills in Niger

Soldiers from five Sahel states are holding military exercises in Western Niger focusing on counter-terrorism, Niger’s defense minister said. The drills, to run until June 3, bring together Burkina Faso, Chad, Mali, Niger and Togo, marking the first exercise between the five countries. The exercise includes interoperability, tactical maneuvers, and offering health care to citizens. […]

Africa Columns Headlines International Maghreb Morocco

Senegal reiterates unwavering support for Morocco’s territorial integrity

Senegal has reiterated its steady support for Morocco’s sovereignty over the Sahara, confirming the commitment of the administration of Bassirou Faye to centuries-old friendly ties with Morocco. The remark was made by Senegal’s foreign minister Yassine Fall in a joint statement following a visit in Rabat, during which she held talks with her Moroccan peer […]