Africa Emerging Markets Headlines International Morocco

Morocco calls on Africans to take control of instruments of their health sovereignty

Morocco has called on Africans to take control of the instruments of their health sovereignty, especially so as the continent has all necessary human resources. The call was launched by Morocco’s Minister of Youth, Culture, and Communication, Mohamed Mehdi Bensaid, at the opening Wednesday in Sale, Rabat’s twin city, of the 8th General Assembly of […]

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CAF highlights Morocco’s track record in hosting major international events

The Confederation of African Football (CAF) highlighted Tuesday Morocco’s proven track record in hosting major international football events, as it is set to stage the upcoming Africa Cup of Nations (AFCON 2025). “Morocco’s selection as the host for AFCON 2025 is no surprise,” CAF wrote in a statement published on its official website. From the […]

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India to forge strategic partnership with Africa through support for AfCFTA — experts

As the volume of trade between Africa and India has multiplied in the past 20 to 30 years and India has become the continent’s third largest trading partner after China and the EU, analysts say that the African Free Trade Area (AfCFTA) offers significant opportunities for New Delhi to help the continent realize its vision […]

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Morocco’s budget deficit drops to $6.4 bln in 2024

Morocco’s budget deficit shrunk to 64.4 billion dirhams ($6.4 bln) in 2024, from 74.9 billion dirhams, as a rise in government revenue continued to offset higher spending, the Moroccan treasury said. The deficit eased to 3.9% last year from 4.4% a year earlier, as the government increases its ordinary revenue and tax receipts, it said. […]

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Africa: CEMAC Parliament reiterates constant support for Morocco’s sovereignty over its Sahara, lauds royal initiatives

The President of the Parliament of the Economic and Monetary Community of Central Africa (CEMAC), Evariste Ngamana, reiterated the organization’s constant support for Morocco’s sovereignty over its Sahara on Monday in Rabat. This came during talks the visiting CEMAC President held with Speaker of the Upper House, Mohamed Ould Errachid, on Monday in Rabat, the […]

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Libya needs investments worth up to $4bln to boost oil production

Oil-dependent Libya needs to invest between $3 billion to $4 billion in order to reach a production level of 1.6 million barrels per day, acting oil minister Khalifa Abdulsadek told Reuters. In 2024, Libya was producing 1.4 million barrels per day, according to the National Oil Corporation. Oil represents up to 98% of Libya’s income. […]

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UN report sees better prospects for African growth in 2025

The UN Department of Economics and Social Affairs predicts an improvement of overall African growth in 2025 to 3.7% from 3.4$, despite global stagnation. “Economic growth in Africa is projected to strengthen… driven by recovery in the region’s largest economies,” the report says. However, “Central Africa lags behind due to stagnating oil production and political […]

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Morocco’s commitment to achieving food security highlighted in Berlin

Morocco’s commitment to transforming its food system in order to boost its resilience and consolidate its achievements in matters of food security, its innovative practices and successful experiences in bioeconomy were highlighted in Berlin before 17th Global Forum for Food and Agriculture (GFFA). Minister of Agriculture, Ahmed El Bouari, who represented Morocco at the Forum, […]

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BRICS offers Nigeria partner country status

Brazil, the BRICS chair, said that Nigeria has been admitted as a partner country in the group. The decision was based on the role of Nigeria in “strengthening cooperation in the Global South and reforming global governance”, Brazil said in a statement. “As the 6th largest population in the world and the 1st on the […]

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Sahara: Liberia, Côte d’Ivoire reiterate constant position on Morocco’s territorial integrity & sovereignty

Liberia and Côte d’Ivoire have reiterated their constant position on Morocco’s territorial integrity and support to its sovereignty over its entire territory, including the Sahara region. The stand was reiterated in separate statements by the Liberian and Ivorian Foreign Ministers Sara Beysolow Nyanti and Léon Kacou Adom following the holding of the Morocco-Liberia and Morocco-Côte […]