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 […]

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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 The US military has withdrawn its about […]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 […]

Africa Emerging Markets Europe Headlines International Morocco

Morocco-Spain rail link floats again with 2030 WC

After some four decades, the idea of a rail link between Morocco and Spain floats again as the two countries, together with Portugal, prepare to host the 2030 World Cup. International media is speaking of underway surveys on the project that would boost connectivity between Europe and Africa. During his most recent visit to Morocco, […]

Africa Headlines International

Criminality grips South Africa as election nears

The death of professional football player Luke Fleurs in a car theft in Johannesburg highlights the surge of criminality in South Africa beyond control, casting a shadow on the failure of ruling ANC elites bracing for tough presidential elections. South Africa is about to lose the war on criminality as its official statistics reported the […]

Africa Energy Headlines International

Nigeria struggles with gasoline shortage despite refinery investments

Nigeria’s underperforming refineries are not able to meet the rising demand on gasoline in the most populous African countries where queues are becoming longer in gas stations. The shortage sent prices skyrocketing which further erodes the purchasing power of most of the population as the prices of transport surge. The long waiting hours are causing […]

Africa Headlines International

CAR: UN-backed court issues arrest warrant for ex-president Bozizé over crimes against humanity

A United Nations-backed Special Criminal Court (CPS) in the Central African Republic (CAR) has issued an international arrest warrant for the country’s exiled former president François Bozizé over alleged crimes against humanity committed by CAR’s military between 2009 and 2013. According to the CPS, a hybrid jurisdiction located in the capital Bangui with Central African […]