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Morocco-Mauritania relations bode well for a promising future

Moroccan-Mauritanian relations are poised for unprecedented advancement across various sectors, following the recent meeting in Casablanca between King Mohammed VI and the Mauritanian Head of State, according to a Mauritanian NGO. “President Mohamed Ould El-Ghazouani’s visit to Morocco will inject new momentum into bilateral cooperation,” said Cheikhani Ould Cheikh, president of the Mauritanian-Moroccan Association for […]

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Interpol’s coordinated strike targets illicit mining networks in West Africa

Interpol has announced the success of a large-scale operation aimed at rooting out illegal mining across several West African nations. During the coordinated raids in Burkina Faso, Gambia, Guinea, and Senegal, law enforcement officials arrested 200 suspects and confiscated a range of harmful chemicals, explosives, and narcotics. According to Interpol, the operation—carried out between July […]

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Mali: Barrick Gold confirms suspension of operations in gold mine

Barrick Gold Corporation said that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali, where authorities have also seized the company’s existing gold stock from the site to a custodial bank. Malian authorities have seized an amount of gold estimated at $245 million in an escalation of their long-running dispute with […]

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Maritime Transport: Danish giant maersk abandons Algeciras stop, opts for Tanger Med Port

The Danish maritime transport giant has announced a significant route modification for its India-United States service, a change aimed at enhancing service quality by reducing transit times. In a strategic move to improve its India-North America service, Maersk’s MECL service will add a stop at Mundra, India, while simultaneously discontinuing its westbound call at the […]

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Utrecht tourism fair: Morocco wins most beautiful stand award

Morocco shone at the “Vakantiebeurs 2025” Tourism Fair, held in Utrecht, Netherlands, from January 8 to 12, by winning the award for the most beautiful stand. Morocco’s stand, inaugurated in the presence of diplomats from several countries, received the “Most Beautiful Stand” award at this travel and vacation-focused event. The award comes as Morocco’s tourism […]

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Morocco poised to strengthen air force with Mirage 2000

In recent weeks, several reports mentioned that Morocco is about to foster its air defense capabilities with the reception of 30 Mirage 2000 from the UAE. French radio, RFI, has become the latest media to raise an imminent transfer of the mighty French fighter jet to Morocco from the UAE, as the latter prepares to […]

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Morocco tops fresh produce exporters to Spain

Morocco has strengthened its position as Spain’s top supplier of fresh produce in 2024, with exports reaching 801 million euros from January to October, up 13% from the same period a year earlier, Spain’s fresh produce association (FEPEX) said. Nearly a quarter of Spanish imports of fruits and vegetables were supplied by Morocco, FEPEX said […]

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African farming: PDDAA Summit closes with adoption of Kampala Declaration

The Summit of the Detailed Program for the Development of African Agriculture (PDDAA) concluded on Saturday with the adoption of the Kampala Declaration. The Kampala Declaration focused on the development of a resilient and sustainable agri-food system in Africa, as well as the PDDAA’s ten-year strategy and action plan. In this context, participants decided to […]

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Essaouira connected directly to Paris, Lyon, Nantes as of next Spring

Three direct flights to Essaouira from Paris, Lyon, and Nantes will be launched as of April, with two to three weekly flights for each destination. Ryanair will kick off the Paris-Beauvais to Essaouira route in April, responding to growing demand for the city, as confirmed by the management of Essaouira-Mogador Airport. In May, EasyJet will […]

Emerging Markets Finance Headlines Morocco

Moroccan treasury gains $600 mln thanks to tax amnesty

Morocco’s treasury has gained an additional 600 million dollars (6 billion dirhams) following a tax amnesty program that expired on Dec 31, 2024. At least 127 billion dirhams ($12.7 billion) has been injected in the Moroccan banking system thanks to the tax amnesty, which allowed cash-holders to pay a reduced 5% tax on their deposits, […]