Africa Business Emerging Markets Headlines International Morocco

Morocco reaffirms its firm commitment to Africa’s free trade area

Morocco has reaffirmed on Monday, during the 57th session of the United Nations Economic Commission for Africa (UNECA) and the Conference of African Ministers of Finance, Planning and Economic Development in Addis Ababa, its unwavering commitment to the African continental free trade area (AfCFTA). The commitment was renewed by Minister of Industry and Trade, Riyad […]

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Morocco, Spain trade breaks new records in 2024

In 2024, Morocco became Spain’s second supplier outside the EU, with an increasing volume to 13 billion euros. Moroccan goods made up 2.3% of total Spanish imports, as the kingdom strengthened its position as Spain’s main African trade partner. This positioned Morocco as Spain’s main African supplier with 28% of all goods purchased from the […]

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Egypt launches ‘Alliance & Development’ Initiative to foster innovation, economic growth

Egypt’s Ministry of Higher Education and Scientific Research is advancing its “Alliance and Development” initiative as part of the National Policy for Sustainable Innovation, which was launched in February 2025. This initiative aims to enhance the country’s scientific research capabilities, accelerate technological innovation, and strengthen the connection between academia and industry to create globally competitive […]

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Morocco-Nigeria gas pipeline, catalyst for regional cooperation- ECA official

The gas pipeline that will connect Nigeria to Morocco crossing 13 West African states will have a “huge” impact in terms of bolstering energy access and regional cooperation, executive secretary of the UN Economic Commission for Africa, Claver Gatete, said. Claver Gatete made the comment at the 57th session of the ECA and the Conference […]

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Morocco, ‘real Eldorado’ for investors, ‘dream destination’ for travelers – French Travel Media

Morocco’s economic outlook, combined with a constantly evolving tourism offer, confirms the Kingdom’s position as “a true Eldorado for investors and a dream destination for travelers”, the French travel media Odyssée states in its weekend e-edition. In the article, entitled “Morocco, the new Eldorado for French tourism investment?”, the news website points out that, through […]

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Morocco to host 58th UNECA, Conference of African Finance Ministers in March 2026

Morocco will host the 58th United Nations Economic Commission for Africa (UNECA) and the Conference of African Ministers of Finance, Planning, and Economic Development in March 2026. The announcement was made at the expert session of the 57th UNECA and the Conference of African Ministers of Finance, Planning, and Economic Development, currently held in Addis […]

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African economic growth set to rebound despite persistent challenges

Africa’s gross domestic product is projected to grow by 3.8% in 2025 and 4.1% in 2026, establishing the continent as the second-fastest growing global region, according to economic forecasts released during the 57th Conference of African Ministers of Finance, Planning, and Economic Development in Addis Ababa. Economic experts acknowledge African economies’ remarkable resilience but caution […]

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Morocco’s efforts to preserve water resources highlighted in London at roundtable on water security

Morocco’s efforts to preserve water resources were highlighted in London Friday at a ministerial roundtable on water security in the context of climate change and the challenges of sustainable development. The issue of water and its preservation is at the heart of Morocco’s development strategy, said minister of energy transition and sustainable development, Leila Benali, […]

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DRC seeks minerals-for-security deal with US

The Democratic Republic of the Congo is reportedly seeking its own version of the minerals-for-security deal that has been offered by the Trump administration to Ukraine. Reuters reported that a Congolese Senator had written to the US State Department offering a similar deal that would help the war-torn country address its security challenges, notably in […]

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Russia’s agri exports to Africa surge in 2024, boosting Kremlin’s influence

Russia significantly boosted its agricultural exports to Africa in 2024 by 19%, reflecting the country’s growing economic influence across the continent amid the continuing war in Ukraine. During the previous fiscal year, Russia’s agricultural exports to Africa surpassed $7 billion, according to a statement released by the Agricultural Export Center (Agroexport), with Egypt, Algeria, and […]