Botswana has ascended to the rank of the top diamond producer globally, unseating sanctions-hit Russia. Most of Botswana’s diamond found in the Orapa diamond deposit is operated by De Beers, a leading diamond company. Following the G7 sanctions on Russia, De Beers moved its auctions to Botswana to streamline its business operations and facilitate the […]
Emerging Markets
Morocco: King urges government to use results of upcoming census as structuring tool for national, local public policies
King Mohammed VI has urged the Government to make sure that the results of the upcoming general population and housing census to take place next September 1 to 30 are processed and analyzed diligently, to be used as a structuring tool for public policies at both national and local levels. In a letter addressed to […]
African Development Bank highlights expansion of mandatory health insurance in Morocco
The number of beneficiaries of the mandatory health insurance in Morocco hit a new record at 23 million as the country forges ahead with its social reform plans, the African Development Bank said. The number grew from just 7.8 million beneficiaries and from 20,000 daily reimbursement requests to 60,000 daily requests currently, the Bank said. […]
Africa’s economic growth to outpace global average in 2024 — Afreximbank report
The economic growth across Africa is projected to exceed global average this year, according to a new report published by the Afreximbank, despite several downside risks, including increasing levels of sovereign debt, associated sustainability risks, and excessive exposure to adverse terms-of-trade shocks. The report entitled ‘A Resilient Africa: Delivering Growth in a Turbulent World’, the […]
Morocco-Nigeria: OCP Africa supports Gombe State promote farming
OCP Africa, a subsidiary of Morocco’s OCP Group, recently signed a memorandum of understanding with the State of Gombe to support the agricultural sector in this northeastern region of Nigeria. OCP Africa will provide its support to the State of Gombe, Nigeria, for the development of its agricultural sector, the subsidiary of the OCP Group, […]
China’s slowing economy to weaken Africa’s growth prospects
China’s slowdown that results in shrinking Chinese demand and its shift to green and high-tech sectors are bound to harm Africa’s economic prospects, according to a number of experts who have warned against an excessive dependence of African countries on the world’s second-largest economy. Economic relations between China and Africa expanded rapidly over the past […]
Managem diversifies into gas with purchase of Sound Energy Morocco East Limited
Morocco’s biggest mining company, Managem, bought Sound Energy Morocco East Limited as it seeks to diversify into gas, the company said. Managem acquired 55% of the Tendrara concession, 47.5% of the Grand Tendrara Permit and 47.5% of Anoual Exploration. The transaction would help Managem contribute to the development of gas production in the country with […]
Moroccans lost nearly €11 million in Schengen visa refusals in 2023
Moroccans have lost nearly €11 million in fees for rejected Schengen visas last year. In 2023, the number of Moroccan nationals who had their Schengen visas applications rejected amounted to 136,367, costing €10.9 million or about 117 million MAD. This places Morocco second among African countries in numbers of visa rejections. While the Kingdom led […]
Madagascar hails Morocco’s serious & credible efforts to resolve Sahara dispute, King’s initiatives to promote peace & stability in Africa
Madagascar welcomes the serious and credible efforts made by Morocco to move forward towards resolving the dispute over the Moroccan Sahara and hails King Mohammed VI’s initiatives to promote peace, stability, and shared prosperity in the African continent. This position was expressed in a joint communiqué issued following talks held Friday in Rabat between Malagasy […]
Morocco, China set to boost cooperation in tourism & cultural sectors
Morocco and China have a shared desire to boost their cooperation in the sector of tourism. Ways of strengthening this tourism cooperation were discussed at a meeting in Rabat Thursday by visiting Chinese Vice-Minister of Culture and Tourism, Quan Rao, and Moroccan Minister of Tourism, Fatim-Zahra Ammor. The two sides stressed the importance of cooperation […]









