King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, received, on Monday at the Royal Palace in Tetouan, Abdellatif Jouahri, Governor of the Central Bank (Bank Al-Maghrib), who presented to the Sovereign the Bank’s annual report on the economic, monetary, and financial situation for the 2023 financial year. In his […]
Emerging Markets
French Magazine highlights Morocco’s Infrastructure Renaissance spearheaded by King Mohammed VI
The French magazine Conflicts, specializing in geopolitical issues, extensively published an analysis on “Morocco’s success in the field of infrastructure over the past 25 years, after considering the role of this element in various international documents as fundamental to economic development.” In what constitutes a “French acknowledgment” of Morocco’s infrastructure Renaissance, the Geopolitics magazine confirmed […]
Morocco in the forefront of African solidarity under King Mohammed VI reign
King Mohammed VI stands as a champion of intra-African solidarity, matching words with action through the launch of initiatives that aimed at spurring African economic integration, protecting the rights of Africans, promoting religious tolerance, and safeguarding peace and stability. Integration With more than 50 visits paid to different African countries during 25 years of his […]
Italian ferry company opens new bureau in Nador
Italian ferry company Grandi Navi Veloci (GNV) has inaugurated this week a new bureau in Nador, its second in Morocco after that of Tangiers. This expansion in the North African kingdom falls in the frame of the Marhaba 2024 operation, meant to facilitate Moroccan expatriates’ journey for holidaying in their mother country. “Following extensive renovation […]
Turkey considers Libya offshore hydrocarbons explorations
Turkish energy minister said his country is planning to conduct offshore explorations in Libyan waters in search of oil and gas. Ankara and Tripoli are close to reaching an agreement to launch the explorations, energy minister Alparslan Bayraktar told Sabah newspaper. Bayraktar said that, while Turkey invests in explorations in the Mediterranean, it also attaches […]
Sustainable water supply, a priority of King Mohammed VI’s reign
Morocco, under the leadership of King Mohammed VI, has attached utmost priority to sustainable water management in the context of recurrent drought and adverse climate change impact. Morocco, already one of the most water-stressed globally, has seen a sharp decline in rainfall, impacting water reserves, leading to a depletion of groundwater and undermining the agricultural […]
UAE, Morocco finalize terms of Comprehensive Economic Partnership Agreement
The United Arab Emirates and Morocco have finalized the terms of a Comprehensive Economic Partnership Agreement (CEPA) that will usher in a new era of mutually beneficial trade and investment ties between the two countries, reported the UAE news agency WAM. UAE Minister of State for Foreign Trade, Thani bin Ahmed Al Zeyoudi, and Morocco’s […]
South Africa lagging in climate action – Report
South Africa, the 14th largest carbon emitter in the World, has so far failed to match words with action as far as cutting carbon emissions is concerned, as it continues to heavily rely on coal amid slow implementation of renewable energy projects, an independent report said. The report, commissioned by the South African presidency, found […]
AfDB supports Morocco’s Governance & Climate Change Resilience Program with €120 Mln financing
The Board of Directors of the African Development Bank (AfDB) Group has approved a €120 million financing to support Morocco’s Governance and Climate Change Resilience Support Program (GCRRP) – Phase 1. The main objective of this program is to implement reforms guaranteed to boost Moroccan economy and consolidate its resilience to exogenous factors including climate […]
Report expects green economy to create 3.3 million jobs across Africa
A report by FSD Africa, a UK-funded development agency, found that a greener economy in Africa could create 3.3 million jobs by 2030, mainly in the renewable energy sector. The report focuses on five countries: the Democratic Republic of the Congo, Ethiopia, Kenya, Nigeria, and South Africa, where approximately 60% of green economy jobs will […]









