Emerging Markets Finance Headlines Libya

Libya’s rival parliaments sign joint program to streamline development spending

Representatives from Libya’s two competing legislative bodies signed an agreement on Tuesday, November 18, for a unified development program, according to the Central Bank of Libya. The move aims to harmonize financial governance after more than a decade of divided budgets between eastern and western Administrations. Although specific details were not disclosed, the Bank said […]

Business Emerging Markets Headlines Maghreb Morocco

Morocco’s high-tech industrial value surpasses 50% milestone

Morocco has achieved a significant industrial breakthrough, with high and medium-high technology sectors now generating over half of the country’s total industrial added value, Minister of Industry and Commerce Ryad Mezzour announced Monday before the House of Representatives. The North African nation reached this 50% threshold in 2024, surpassing targets outlined in the New Development […]

Emerging Markets Energy Headlines International Morocco

Morocco commits 8.5 bln dollars to clean mobility by 2029

Morocco has mobilized more than 78 billion dirhams ($8.5 billion) to develop a clean, modern, and multimodal public transport system by 2029, Abdellatif Maâzouz, president of the Casablanca-Settat Regional Council, said during a side event at COP30. The investment plan allocates 11 billion dirhams for the acquisition of 3,750 next-generation buses and 67 billion dirhams […]

Emerging Markets Headlines Morocco

Morocco showcases youth-driven climate education model at COP30

Morocco presented its innovative climate education approach at COP30, demonstrating how engaging young people accelerates transitions to low-carbon societies through a seminar titled “Towards Carbon Neutrality: The Stakes of Climate Education.” The Hassan II International Center for Environmental Training—part of the Mohammed VI Foundation for Environmental Protection—demonstrated how education and youth participation form Morocco’s national […]

Business Emerging Markets Europe Headlines International

Turkey gains strong foothold in Africa’s arms market

Turkey has cemented its position as one of the world’s major defense markets, with a growing footprint across Africa. In 2024, the country exported more than 300 defense products to around 180 nations, generating $7.2 billion in revenue, a sharp rise from $1.64 billion in 2014. This surge underscores Turkey’s transformation into a global defense […]

Emerging Markets Finance Headlines Morocco

Morocco’s 2026 finance bill advances to Upper House after approval by House of Representatives

Morocco’s Chamber of Representatives approved the 2026 Finance Bill Friday during a plenary session, and sent the draft budget to the Chamber of Councillors for further legislative review. The lower house passed the bill with 165 deputies voting in favor and 55 against, with no abstentions recorded. The Finance and Economic Development Committee received 350 […]

Business Egypt Emerging Markets Headlines

Egypt: Launch of New SCZone Stations

President Abdel-Fattah El-Sisi, on Sunday, November 16, has inaugurated a series of new maritime stations in the Suez Canal Economic Zone at East Port Said, reiterating Egypt’s drive to fast-track national development in transport and logistics. He highlighted the country’s sweeping progress across ports, railways, roads and energy, urging sustained momentum to secure Egypt’s competitive […]

Business Emerging Markets Europe Headlines International Morocco

France deepens partnership with Morocco with investments in Sahara

France is reinforcing its strategic alliance with Morocco through concrete investments in the southern provinces and a renewed cultural outreach, signaling a shift from diplomatic support to multidimensional engagement, ambassador Christophe Lecourtier said. France’s position is “to be present in all domains: a committed, loyal, and concrete ally,” Lecourtier told Le360, citing projects in renewable […]

Business Emerging Markets Headlines Morocco

Moroccan industrialists forecast activity improvement despite sectoral disparities

Moroccan industrialists anticipate business activity improvement over the next three months, according to Bank Al-Maghrib’s September 2025 business survey, though expectations vary significantly across sectors. Forecasts indicate anticipated production and sales increases across most industrial branches, with exceptions in textile-leather facing stagnation expectations and chemicals-petrochemicals anticipating production declines. For September itself, the survey recorded overall […]

Africa Business Emerging Markets Headlines Morocco

Morocco celebrates most admired brands at Brand Africa 100 ceremony

Brand Africa, partnering with Integrate Consulting—a Kantar affiliate—unveiled Morocco’s 2025 most admired brands rankings during a Casablanca ceremony gathering industry leaders, communications professionals, and major marketing sector players. The 15th edition of the pan-African Brand Africa 100 ranking celebrates brands inspiring trust, pride and reflecting increasingly conscious, demanding and engaged Moroccan consumer aspirations. Since 2011, […]