Emerging Markets Finance Headlines Morocco

Morocco’s Central Bank Governor, best central banker in Africa

Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, was named “Best Central Banker in Africa for 2024” by the London-based financial and international affairs magazine “The Banker”, affiliated to the “Financial Times” group. The Banker’s Central Banker of the Year 2024 awards celebrate the officials who have best managed to stimulate growth and stabilize their economy. […]

Headlines International Morocco

Morocco/drug trafficking: Nearly 1.5 ton of cocaine seized in Tanger-Med Port, about 363 kg of Cocaine grabbed in El Guergarate

Police at the Tanger-Med port, foiled, on Tuesday, an international drug trafficking operation and seized one ton, 488 kg and 80 grams of cocaine. This operation was carried out in close coordination with Spanish security services, as part of joint operational cooperation to combat international cocaine trafficking operations and neutralize the dangers and threats posed […]

Africa Headlines International

Chad’s new Premier unveils 41-member Cabinet

Succes Masra, Chad’s new Prime Minister, has presented a new cabinet of 41 ministers including 8 new comers, one day after his appointment by the country’s transitional leader, Mahamat Idriss Déby. Masra officially took office Tuesday January 2 in a ceremony attended by outgoing transitional Prime Minister, Saleh Kebzabo who led the administration for 14 […]

Africa Americas Headlines International

U.S. singles out Senegal for legal action for helping illegal migrants at borders with Mexico

Troy A. Miller, a senior official of US Customs and Border Protection (CBP), has finger-pointed Senegal for housing “Pseudo-legitimate” travel agencies that allegedly propose illegal migrants visa-free travel to Europe and then to the US via Mexico, now used as transit by thousands to enter the American territory. Miller said travel agencies in Senegal’s capital […]

Americas Europe Headlines International Morocco

Military Cooperation: Morocco Participates in NATO’s Sea Guardian Operation

Morocco has participated in NATO’s Sea Guardian Operation, the task group having recently completed its sixth targeted maritime patrol of the year in the western Mediterranean and off the Strait of Gibraltar. It was the Moroccan royal frigate of the SIGMA 9813 class, Sultan Moulay Ismaïl that participated in NATO’s Sea Guardian operation, known as […]

Africa Business Columns Emerging Markets Headlines International Morocco

Dakhla, poised to serve as gateway to west Africa, Sahel

Morocco is matching words with actions as far as making the Sahara territory a bridge to the rest of Africa through win-win partnerships. The Atlantic initiative, spurred by King Mohammed VI, aims to benefit landlocked Sahel countries from the future 1bln Dakhla port and other logistics and infrastructure to help them access global trade and […]

Business Finance

Africa fueled with optimism with prospect of US interest rate cut in 2024

Emerging and frontier markets in Africa now have a reason for cautious optimism in 2024 following a recent announcement by The Federal Reserve (Fed) signaling possible cuts of up to 75 basis points in the coming year. New forecasts from central bank officials showed a turn from the hawkish rate environment Fed Chairman Jerome Powell […]

Business Emerging Markets Headlines Morocco

Marrakech, top trending destination in 2024- Airbnb says

Marrakech was ranked among the World’s top trending destinations in 2024 for vacation, rental platform Airbnb said. The Red city, known for its well-preserved centuries-old monuments and vibrant nightlife, was ranked 6th among 24 most attractive cities to visit this year, Airbnb said in a recent report. The ranking evidences the city’s resilience a few […]

Business Egypt Headlines

Egypt poised to  promote yachting tourism

Egypt’s Ministry of Transport will hold a Conference on Wednesday January 3 in the New Administrative Capital to explore ways to enhance the establishment of local and international marinas and boost yacht tourism in the North African country, Ahram Online reports. Investors and stakeholders in yacht tourism and marina construction, investors in coastal villages and […]

Headlines Tunisia

Tunisia: Minister of Social Welfare survives road accident

Malek Ezzahi, Tunisia’s Minister of Social Welfare survived Monday January 1 a road accident which also involved his family, state-run radio broadcaster reported.   The incident occurred on Monday afternoon. Ezzahi and his daughter reportedly sustained many injuries in the accident deemed serious. The broadcaster did not provide further details.   Ezzahi was appointed in […]