Category: Emerging Markets

Rabat to host Africa Investment Forum in December

March 17, 2024

The Africa investment forum, which mobilized so far investments totaling 180 billion dollars, will hold its flagship event in Rabat on December 4-6, the African ... Read More

US looks to Africa to secure energy transition metals

March 16, 2024

Amid growing global competition for strategic minerals, the US is relying on Africa to reduce the dominance of China over resources used for electric batteries, ... Read More

Morocco’s BCP Bank posts 10.6% net banking income increase

March 16, 2024

Morocco’s second biggest lender, BCP, said its net banking income rose 10.6% to 22.8 billion dirhams in 2023. This performance is attributed to the strengthening ... Read More

Spain to hire 26,000 Moroccan truck drivers

March 14, 2024

Amid a shortage of truck and bus drivers across Europe, Spain is looking to Morocco to hire 26,000 drivers who will be allowed to use ... Read More

Ethiopia, India edge closer to defense pact

March 14, 2024

India and Ethiopia are in the final stages of finalizing a defense cooperation pact, Ethiopia’s ambassador to New Delhi said. Under the agreement, to be ... Read More

Morocco-China trade poised to further grow

March 14, 2024

Trade between Morocco and China grew by 50% from 2021 to 2022 as China becomes Morocco’s first trading partner in Asia. Mehdi Laraki, head of ... Read More

Western firms losing out to China in ‘white-gold’ rush for Africa’s lithium

March 14, 2024

European and other Western companies face losing out on sub-Saharan African lithium supply to Chinese companies whose grip on the critical mineral got even tighter ... Read More

Morocco to sign first green hydrogen contracts in Q4

March 13, 2024

Morocco, which has released an offer to investors, expects to sign the first preliminary contracts to produce green hydrogen in the country in the fourth ... Read More

Xlinks mulls exporting energy to Germany

March 13, 2024

Xlinks, which plans to export renewable energy from Morocco to the UK, said it is also assessing feasibility of other links with markets including Germany. ... Read More

AfDB warns of linking African loan payment to critical resources

March 13, 2024

Head of the African Development Bank called for an end to loans in exchange for oil or critical minerals, which helped countries like China control ... Read More