Africa Emerging Markets Headlines International

Senegal seeks strong ties with military-ruled Mali, Burkina Faso

Newly elected Senegalese president Bassirou Faye started a regional visit with Mali and Burkina Faso in a bid to strengthen ties with neighbors that quit the regional bloc ECOWAS in protest over sanctions following their consecutive coups. In Bamako, Faye held talks on the ECOWAS with Mali’s leader Col. Assimi Goita. Following the talks, he […]

Asia Emerging Markets Headlines International Morocco

Japan welcomes Morocco’s serious, credible efforts within framework of Autonomy Initiative for Sahara; Keen to promote economic ties with Kingdom

Japan has welcomed this Friday Morocco’s “serious and credible efforts” within the framework of the autonomy initiative to settle the Sahara issue. This position was expressed by Japan’s Foreign Minister, Yoko Kamikawa, during talks in Tokyo with her Moroccan peer Nasser Bourita, the Japanese Foreign Ministry said in a statement. Based on Japan’s “consistent” position, […]

Algeria Asia Columns Emerging Markets Headlines International Morocco

Algeria alarmed by huge Chinese investments going to Morocco

As a growing number of giant Chinese companies chose to invest in Morocco for its political stability and competitive assets, the Algerian regime became extremely worried to see its neighboring country taking the lead and thriving while Algeria is lagging behind and sinking into the abyss. In a desperate move to address the situation, Algerian […]

Emerging Markets Finance Morocco

Morocco to cut fiscal deficit to 3% in 2026, thanks to higher tax revenue

Morocco expects to further cut its fiscal deficit from 4% in 2024 to 3.5% in 2025 and 3% in 2026, despite an increase in spending on social protection, Fouzi Lekjaa said. The deficit was at 7.1% when the government took office in 2021, at a context marked by a recovery from the economic impact of […]

Business Emerging Markets Headlines Morocco

Morocco targets 1.4 million cars in four years

Morocco plans to increase its car production capacity from 700,000 cars currently to 1 million next year and 1.4 million in four years, industry minister Ryad Mezzour said. “The goal is to reach a capacity to produce 1.4 million cars within the next four years, given the existence of the electrical car sector which will […]

Emerging Markets Headlines International Morocco Technology

U.S. Tech Group Oracle to open two cloud regions in Morocco

A partnership agreement providing for the opening of two Oracle Cloud regions in Morocco was inked, Wednesday in Marrakech, between the U.S. technology group Oracle and the Moroccan ministry of Digital Transition and Administration Reform, the ministry of Investment, Convergence and Evaluation of Public Policies, and the Moroccan Agency for Investment and Export Development (AMDIE). […]

Asia Emerging Markets Headlines International Morocco

Prospects for developing Morocco-China economic, commercial exchanges reviewed in Beijing

The prospects for developing economic and commercial exchanges between Morocco and China were reviewed by the two countries’ Foreign Ministers at a meeting held Wednesday in Beijing. Visiting Foreign Minister Nasser Bourita and his Chinese peer Wang Yi, focused in their talks on the opportunities offered by Morocco’s global trade, through the encouragement of Chinese […]

Emerging Markets Headlines International Morocco

Moroccan King’s vision of South-South Cooperation in favor of Island States expounded at conference in Antigua and Barbuda

Morocco’s Ambassador to the UN, Omar Hilale, highlighted, in Saint John’s in Antigua and Barbuda, King Mohammed VI’s vision of South-South cooperation in favor of island states, a vision that is based on solidarity. This came in an address he made on Tuesday at the 4th international conference on small island developing states, held May […]

Americas Business Emerging Markets Headlines International Morocco

Pratt & Whitney Canada starts construction of new facility in Casablanca, another step towards boosting the Kingdom’s aerospace industry

In a major step towards strengthening Morocco’s aerospace industry, Pratt & Whitney Canada, part of the RTX Group, held earlier this week a groundbreaking ceremony for its new facility in the Kingdom, known as Pratt & Whitney Morocco (PWM), in the mid-park area in Casablanca. This new 12,000 square metre facility marks a milestone for […]

Americas Emerging Markets Headlines International Morocco

Morocco ready to promote startup ecosystem to a higher level (US Official)

Morocco is ready to promote its startup ecosystem to a higher level, coordinator of the US Prosper Africa initiative, British A. Robinson, said Tuesday in Marrakech. Speaking at the closing ceremony of the Morocco-USA Venture Capital Forum (May 27-28), Robinson underlined that Morocco boasts a startup ecosystem that is increasingly dynamic and innovative, and has […]