Africa Headlines International Morocco

BRICS foil South Africa’s pro-Polisario maneuvers

BRICS members meeting in Moscow rejected a South African proposal to include the Polisario separatists’ thesis in the agenda of a meeting on the MENA region. South Africa’s representative was isolated as the sole country to seek to impose a proxy conflict imposed by Algeria to unsettle Morocco, at a time the MENA region is […]

Africa Headlines International Morocco

Morocco opens embassy in Gambia

Morocco officially opened its embassy in Gambia’s capital Banjul, expressing strong willingness to deepen ties at all levels. Morocco’s foreign minister Nasser Bourita inaugurated the embassy on the sidelines of his attendance of an OIC summit in Banjul. The opening was attended by Gambia’s foreign minister and members of the accredited diplomatic corps. Morocco and […]

Emerging Markets Finance Headlines Morocco

Moroccan stock exchange expects up to 5 IPOs annually

Morocco’s stock exchange is on a charm offensive in London to promote initial public offerings and expose merits of listing for companies that seek to boost liquidity. Speaking to Reuters, head of Morocco’s stock exchange Tarik Senhaji said he expects the bourse to attract 3 to 5 IPOs annually. The reform of state-run enterprises would […]

Africa International

Chad election: interim ruler Deby likely to win presidency, voters don’t expect real change

As Chadians head to the polls on Monday (6 May) to conclude a three-year political transition, the country’s transitional leader, General Mahamat Idriss Déby, is widely expected to win the presidential race easily, especially after the junta had violently repressed much of the opposition. Idriss Deby seized power three years ago succeeding his father, Idriss […]

Business Emerging Markets Headlines Morocco

Morocco’s trade deficit shrinks by 14.6% in first quarter 2024

Morocco’s trade deficit dropped to 61.9 billlion dirhams, down 14.6%, thanks to higher exports and lower imports, the foreign exchange office said. Morocco’s automotive sector topped exports with 38.8 billion dirhams, up 13%, offsetting a 2.3% drop in phosphates exports at 17.6 billion dirhams. Morocco’s energy imports dropped in value by 13.6% to 28 billion […]

Emerging Markets Europe Headlines International Morocco

Top British media outlets shed light on underwater tunnel project to link Morocco to Spain

Two prestigious British newspapers, The Telegraph and The Independent, have shown interest in an underwater link project between Morocco and Spain, saying the dream could become a reality by 2030 thanks to the World Cup to be jointly organized by the two countries with Portugal. This week the Moroccan National Company for Strait Studies (SNED) […]

Headlines Morocco

Morocco: Five-member terrorist cell dismantled by BCIJ

A five-member terrorist cell supporting Daesh terrorist organization was dismantled this Friday by the Central Bureau of Judicial Investigations (BCIJ), an offshoot of the General Directorate of Territorial Surveillance (DGST). The suspects, aged between 22 and 46, were arrested for their alleged involvement in preparing the execution of terrorist plans aimed at seriously undermining public […]

Africa Americas Headlines International

US military to resume talks with Chad on keeping troops after 6 May election

Talks between the US military and Chad’s government aiming to revise the security partnership agreement between both countries are set to begin within a month, just as US officials are negotiating the withdrawal of American troops from neighboring Niger after the country’s military junta ended a longstanding pact. The US military has withdrawn its about […]

Africa Europe Headlines International

UK launches ‘Rwanda operation’ to detain migrants earmarked for deportation

British authorities have detained an unspecified number of migrants in preparation to send them to Rwanda in the next nine to 11 weeks under Prime Minister Rishi Sunak’s flagship immigration policy, government officials said earlier this week. Days after British Parliament adopted the controversial law providing for deporting asylum seekers to the African country, Sunak’s […]

Europe Headlines International Morocco

Football: Morocco’s 2030 World Cup Projects Advancing

Morocco is busy working to ensure the best ever FIFA World Cup final to be organized jointly with Spain and Portugal in 2030. The event, which unites two continents, Europe and Africa, in a divided world, sends a message of peace, tolerance and inclusion. In Morocco, the projects related to this global football tournament have […]