Business Emerging Markets Headlines Libya Morocco

Libya wants to resume direct air and maritime links with Morocco

Libya is interested in opening a direct air route and a maritime link with Morocco to boost economic ties, its transport minister Salem Al Shahboubi said. Sahboubi made the remarks during a meeting with his Moroccan counterpart Abdessamad Kayouh on the sidelines of the 29th General Assembly of the Arab Civil Aviation Organization (ACAO) held […]

Business Emerging Markets Headlines Morocco

Tourism revenue, Morocco heads towards new record

Morocco’s tourism sector is growing at a steady pace breaking all records. Already in the first ten months this year, the number of tourists visiting the country surpassed last year’s level which was a record. In the eleven months this year, Morocco reached a new milestone in terms of revenue. Tourism revenue grew 7.2% to […]

Emerging Markets Energy Headlines Mauritania

Mauritania has officially become a gas-producing country

Mauritania has officially become a gas-producing country, as announced by the Minister of Energy earlier on December 31, 2024. The milestone was achieved with the opening of the first natural gas well at the Grand Tortue Ahmeyim (GTA) field, marking a decisive step in the development of this major cross-border energy project. The first drop […]

Business Emerging Markets Headlines Mauritania Morocco

Morocco, Mauritania poised to strengthen fisheries cooperation

Morocco and Mauritania are poised to enhance their cooperation in the sector of fisheries as both sides share the same commitment to inject fresh momentum into collaboration on shared interests related to the sector. Means to give a new impetus to this cooperation were reviewed at a meeting in Rabat Monday between Secretary of State […]

Emerging Markets Finance Headlines Libya

Libya joins African Export-Import Bank

Libya has officially become the 53rd member of the African Export-Import Bank (Afreximbank), marking a significant step towards enhancing economic integration within Africa. This milestone was announced to the media over the weekend, although the formal membership occurred earlier in the week. As part of its membership, Libya aims to leverage Afreximbank’s support for several […]

Emerging Markets Headlines Maghreb

Mauritanian president replaces pro-Algeria generals

In a major army leadership reshuffle, Mauritania’s president Mohammed Ould Ghazouani removed generals who had recently met Algeria’s chief of staff. Mauritanian observers said the move was a pre-emptive strike from President Ould Ghazouani, sensing a potential Algeria-orchestrated coup. Under the reshuffle, General Mohamed Vall Ould Raïs was appointed new Chief of Staff of the […]

Africa Emerging Markets Energy Headlines International

ENI starts oil and gas production offshore Côte d’Ivoire

Italian energy giant ENI started phase 2 of oil and gas production in the offshore Balaine field, which helps Côte d’Ivoire consolidate its role as a producing country on the global energy scenario, strengthening access to energy on a national scale. “Thanks to this milestone, production will reach 60,000 barrels of oil per day and […]

Business Emerging Markets Europe Headlines International Morocco

Spanish magazine labels Morocco ‘Future Silicon Valley’

Morocco is establishing itself as “the future Silicon Valley”, taking advantage of several factors fostering the country’s technological rise, according to the Spanish trade magazine “Paradavisual”. “With growing investment in the startup sector, a young, skilled workforce and support for innovation, Morocco is positioning itself as the future Silicon Valley,” the article titled “Morocco, the […]

Business Columns Emerging Markets Headlines Morocco

FIFA World Cup 2030, major economic driver for Morocco

Football is the most popular sport in the world, and with great popularity comes great economic benefits. The 2030 World Football Cup, which will be co-organized by Morocco, Spain and Portugal, is a major economic driver for the North African Kingdom. The expected influx of tourists, fans, and journalists will stimulate various sectors of the […]

Africa Emerging Markets Headlines International Morocco

Football: Official dates of the 2025 competition calendar in Africa

The year 2025 is shaping up to be a dynamic one for African football, with a packed schedule of tournaments and events. The action kicks off on January 27 in Rabat, Morocco, with the draw for the Africa Cup of Nations (CAN), where the 24 qualified teams will learn their group-stage opponents. In February, the […]