Emerging Markets Europe Headlines International Morocco

Morocco-Hungary growing cooperation reviewed in Marrakech

The strong and growing friendship and cooperation between Morocco and Hungary were reviewed at a meeting held in Marrakech Friday between Head of Government, Aziz Akhannouch, and Hungarian Prime Minister, Viktor Orban, who is visiting the Kingdom. The meeting celebrated the strong and growing friendship and cooperation between Morocco and Hungary, which reflects the commitment […]

Columns Headlines Maghreb Morocco Tunisia

Calls mount on Tunisian president to mend ties with Morocco

The vassalization of Tunisia by Algeria continues to draw criticism among the Tunisian political class. Recently Neji Jelloul, a political party leader, called on Tunisian authorities to safeguard the country’s sovereignty by returning to positive neutrality in the Algeria-instigated conflict over the Sahara territory. Tunisia, under President Kais Saied, has irked Morocco when it rolled […]

Africa Asia Business Emerging Markets Headlines International

Red Sea attacks to shrink Africa’s trade volume, worsen its macroeconomic stability — report

Africa’s trade volume is projected to shrink in the first six month of 2024, as the recent attacks by Iran-backed Houthi rebels on commercial vessels will have a huge consequence on the economies of African countries, especially those in North and East Africa, says a new report compiled by Afrexim Bank. As Yemen-based militants continue […]

Business Emerging Markets Europe Headlines International Morocco

French Société Générale confirms sale of its Morocco bank to Saham for €747 million

French Société General plans to sell its majority stake in its Moroccan branches to Saham group for 745 million euros, as it continues its divestment from the African continent. The transaction which includes Société Générale Marocaine de Banques and La Marocaine Vie is expected to be completed by end of 2024. The French group owns […]

Europe Headlines International Morocco

Russia, Morocco discuss strengthening of relations & topical issues on UN Security Council agenda

Strengthening the friendly relations between Morocco and Russia and topical issues in the Middle East and Africa on the agenda of the UN Security Council were the focus of meetings held on Thursday in Moscow between Morocco’s ambassador to Russia, Lotfi Bouchaara, and two top officials from the Russian Foreign Ministry. Talks between Russia’s Deputy […]

Africa Americas Business Emerging Markets Headlines International

US African policy should focus on critical minerals- Think Tank

The US should craft a foreign policy in Africa that focuses on critical minerals to curb dependence on China, the United States Institute of Peace said. “US economic and national security depend on securing a reliable supply of critical minerals, including from Africa,” the Washington-based Think tank said in a report. The US relies on […]

Headlines Morocco

Arrest in Tangier of individual for cocaine possession, seizure of large amounts of money

Members of the Tangier judicial police successfully seized, this Friday morning, five kilograms of cocaine and large sums of money linked to illegal drug trafficking. According to a security source, the investigation into this case led to the arrest of an individual involved in drug trafficking. He was found in possession of five kilograms of […]

Africa Headlines International

Russia sends military trainers, arms to Niger

Russia has sent a group of military trainers and air defense systems to Niger, few days after Niamey ended military cooperation with the US. Niger has aligned itself with Moscow since a coup, that followed the example of neighboring Mali and Burkina Faso. The three coup-hit Sahel states have expelled French troops and bolstered ties […]

Africa Headlines International

Mali’s military junta ‘suspends’ political party activities; political parties, civil society groups reject suspension & call for free elections

Mali’s ruling junta has issued a decree banning all political party activities until further notice, citing the need to maintain public order, which comes amid calls on the military-run authorities to organize free elections. Malian political parties and civil society groups jointly rejected on Thursday the ruling junta’s order to suspend political activities and vowed […]