Emerging Markets Europe Finance Headlines International Morocco

Spain to invest €45 billion in Morocco by 2050

Spain is planning to invest 45 billion euros in Morocco by 2050 in various projects, said Spanish Prime minister Pedro Sanchez at a press conference held Wednesday in Rabat at the end of his working visit to the North African Kingdom. “Spain is a key partner for Morocco with €45 billion investment planned by 2050”, […]

Africa Business Emerging Markets Headlines International Morocco

AfCFTA offers ‘significant’ opportunities for Morocco’s automotive industry – Report

The African Continental Free Trade Area (AfCFTA) agreement offers four significant opportunities to the Moroccan automotive sector, which is among the best developed on the continent, especially for its affordable inputs, finished exports, advantageous labor, and reduced customs tariffs, the 9th edition of the CFC Africa Insights report outlined. The report, titled “AfCFTA: unlocking the […]

Africa Emerging Markets Headlines International Morocco

AfDB committed to actively contribute to financing development projects in Morocco

The African Development Bank Group (AfDB) is committed to actively contribute to financing development projects in Morocco, in line with the kingdom’s social and economic priorities. The remarks were made by the special representative of the AfDB President, Yacine Fal, at a meeting in Rabat this Thursday with Morocco’s Minister of Economy and Finance, Nadia […]

Columns Emerging Markets Europe Headlines International Morocco

Spanish PM welcomes exemplary cooperation with Morocco, reiterates support for Sahara autonomy plan

Spanish Prime Minister Pedro Sanchez welcomed strengthened ties with Morocco at all levels and reiterated his country’s position in support of Morrocco’s autonomy plan for the Sahara territory. Sanchez who is making his first visit to Morocco since his re-election recalled that Spain remains consistent in its policy towards the Sahara conflict in line with […]

Emerging Markets Headlines Morocco

IMF highlights resilience of Moroccan economy against external shocks

The IMF welcomed the resilience of the Moroccan economy in 2023 despite external shocks and drought, noting that growth should improve to 3.5% in the medium term. “Economic growth has strengthened in 2023 thanks to the recovery in domestic demand and buoyant exports,” the IMF said in a statement the end of its Article IV […]

Europe Headlines International Maghreb Morocco

Pedro Sánchez reiterates Spain’s support for Autonomy Plan as “the most serious, realistic and credible basis” for resolving Sahara dispute

President of the Spanish Government President Pedro Sánchez reiterated, on Wednesday from Rabat, his country’s position supporting the autonomy plan presented by Morocco in 2007, to resolve the artificial dispute over the Sahara. Speaking at a news conference held at the end of his working visit to the Kingdom, Sánchez reaffirmed the Spanish government’s position […]

Americas Headlines International Morocco

Morocco, ‘Beacon of Security & Cooperation in the Region’ – US AFRICOM Commander

Morocco stands as a “beacon of security and cooperation in the region”, U.S. Marine Corps General Michael Langley, AFRICOM Commander, said Wednesday in Rabat. “It is an honor to have been hosted by a nation that stands as a beacon of security and cooperation in the region”, the US military official told the press following […]

Columns Europe Headlines International Morocco

King Mohammed VI receives Spanish PM Pedro Sánchez

King Mohammed VI received, this Wednesday at the Royal Palace in Rabat, the President of the Spanish Government Pedro Sánchez, who reitereated, during the audience, Spain’s support to Moroccan autonomy initiative as the most serious, realistic and credible basis to settle the Sahara dispute. Pedro Sanchez is currently on a working visit to Morocco at […]

Emerging Markets Europe Headlines International Morocco

King Mohammed VI hosts luncheon in honor of President of Spanish government

King Mohammed VI hosted in Rabat on Wednesday a luncheon in honor of the President of the Spanish government, Pedro Sanchez, and his accompanying delegation that included Foreign Affairs Minister José Manuel Albares. Besides the Head of the Moroccan Government, Aziz Akhannouch, who presided over the luncheon, other members of the delegation accompanying Sánchez, Speaker […]

Emerging Markets Mauritania Morocco

Morocco, Mauritania launch roadmap to bolster cooperation in road & port infrastructure

Morocco’s Minister of Equipment and Water, Nizar Baraka, and his Mauritanian peer, Mohamed Aly Ould Sidi Mohamed, launched at a meeting held, in Rabat on Tuesday, a roadmap for strengthening bilateral cooperation in infrastructure and ports. The meeting examined the means to launch structuring projects which will have a positive impact in Mauritania, in particular […]