Emerging Markets Europe Headlines International Morocco

EU Commissioner for Mediterranean: Morocco, key & reliable partner

European Commissioner for the Mediterranean Dubravka Šuica has described Morocco as “a key and reliable partner for the EU, in the Mediterranean and beyond in Africa.” The Commissioner made the remarks in a tweet posted Tuesday on X following her talks with Moroccan Foreign minister Nasser Bourita. She sai her “insightful” discussion with Bourita, focused […]

Africa Emerging Markets Energy Headlines International Mauritania

Senegal-Mauritania: GTA project completed at 97%;  BP advances gas production efforts

The Greater Tortue Ahmeyim (GTA) gas production project, spanning Senegalese and Mauritanian waters, has reached 97% completion as of September 2024, according to British Petroleum (BP) and its partners. This update was shared during the inauguration of solar-powered cold storage containers and an information center in Saint-Louis, Senegal, on December 17. In a joint press […]

Columns Emerging Markets Finance Headlines Morocco

Morocco’s Central Bank lowers key rate to 2.5 %; expects growth to rebound to 3.9 in 2025 & 2026

Morocco’s Central Bank has decided to reduce key rate by 25 basis points to 2.50 percent as inflation continues to evolve at low levels and is expected to end the year with an average of 1% compared to 6.1% in 2023. The decision was made by the Board of the Bank during its latest quarterly […]

Africa Business Emerging Markets Energy Headlines International

Africa’s food imports projected to increase sevenfold to $110bn by 2025 — Afreximbank

Many African countries still depend solely on food importation to survive regardless of their large land areas, says a new report by the African Export-Import Bank (Afreximbank) that also reveals that all countries on the continent together spend an average of $50 billion annually importing foods. “The nations of Africa together import approximately $50 billion […]

Asia Emerging Markets Headlines International Morocco

DCO: Morocco among 15 Countries to launch initiative to promote online content integrity

Fifteen member states of the Digital Cooperation Organization (DCO), including Morocco, have unveiled a strategic multilateral initiative aimed at promoting online content integrity, which was announced during the United Nations Internet Governance Forum, taking place December 15-19 in Saudi Arabia. Morocco is represented at the forum by Amal El Fallah Seghrouchni, Minister in charge of […]

Africa Emerging Markets Headlines International Morocco

OCP helps Niger build prosperous & resilient farming sector in a show of solidarity

OCP Africa, a subsidiary of Morocco’s OCP Group, has signed lately a cooperation agreement with Niger to enable this West African country modernize its agricultural sector and ensure its food security. Under this agreement, supported by the World Bank, OCP Africa will help Niger farmers improve soil health & fertility through carrying out scientific studies […]

Africa Business Emerging Markets Headlines International

Côte d’Ivoire, Nigeria to build super costal highway

Côte d’Ivoire and Nigeria have revived talks for a regional highway that will link the two countries, boosting the movement of people and goods. The project is being discussed at an ECOWAS summit dominated by political issues and divisions with landlocked states. Construction of the highway is expected to start in 2026 for a total […]

Africa Emerging Markets Europe Headlines International Morocco

EU to supply drones to Mauritania, Chad

The European Union has announced plans to bolster the operational capabilities of the Mauritanian and Chadian armies by providing advanced drone systems for reconnaissance and surveillance. This initiative aims to enhance the two African countries’ capacity to address regional security challenges effectively. According to a report by Africa Intelligence, Expertise France, the operational arm of […]

Africa Business Emerging Markets Headlines International Morocco

Malawian delegation explores investment opportunities in Laâyoune-Sakia El Hamra

A large economic delegation from Malawi visited the Saharan city of Laâyoune to explore business opportunities in the Laâyoune-Sakia El Hamra region and examine ways of strengthening bilateral cooperation in various fields. The visit comes as part of Malawi’s economic promotion week in Morocco (December 09-13), which aims to promote the country’s economic potential in […]

Emerging Markets Europe Finance Headlines International Morocco

EBRD contributes €65 Million for expanding capacity of Ports of Casablanca, Jorf Lasfar

The European Bank for Reconstruction and Development (EBRD) will contribute €65 million to fund projects aimed at expanding the capacity and optimizing the operations of the multipurpose terminals of the ports of Casablanca and Jorf Lasfar. The financing agreement was signed by EBRD President Odile Renaud-Basso and Managing director of Morocco’s port management company, Marsa […]