Emerging Markets Energy Europe Headlines International Morocco

Xlinks mulls exporting energy to Germany

Xlinks, which plans to export renewable energy from Morocco to the UK, said it is also assessing feasibility of other links with markets including Germany. This came in a statement in response to a Bloomberg article claiming the British company is abandoning the UK for the German market. “Xlinks was founded to promote the development […]

Africa Business Emerging Markets Headlines International

AfDB warns of linking African loan payment to critical resources

Head of the African Development Bank called for an end to loans in exchange for oil or critical minerals, which helped countries like China control vast resources in the continent. In an interview with the Associated press, AFDB chief Akinwumi Adesina explained how such loans lead to undervaluing natural resources of African countries and further […]

Emerging Markets Energy Headlines Morocco

Morocco’s MASEN, main interlocutor for green hydrogen investors

Morocco’s green hydrogen offer to investors has assigned a prominent role to the country’s sustainable energy agency MASEN as the main interlocutor for investors. The agency is tasked with examining projects by investors and coordinating between them and authorities. On March 10, the Prime Minister’s office said the offer is ready and promised 1 million […]

Africa Business Emerging Markets Headlines International

Africa imports 70-80% of its drugs, losing $2.6tn yearly due to ill-health — AfDB chief

Africa imports between 70 and 80% of its medicines, according to Akinwumi Adesina, the President of the African Development Bank (AfDB), who also warned that the continent suffers an annual loss of $2.6 trillion yearly due to lack of productivity caused by ill-health. Speaking at a recent ceremony in Lagos where he was honored with […]

Africa Business Emerging Markets Headlines International

Nigeria’s intention to join BRICS will not be influenced by West — FM

Nigeria will apply for membership of the BRICS in the next two years and it intends to join the group with or without pressure from the West, the country’s foreign minister Yusuf Tuggar has said. During a recent three-day working visit to Russia, where he held talks with his Russian counterpart Sergey Lavrov, Tuggar re-iterated […]

Business Emerging Markets Europe Headlines International Morocco

Morocco says its strawberries safe, denies slur reports

Morocco’s agriculture ministry strongly denied reports on foreign media and social media claiming the Kingdom’s exported strawberries are infected with hepatitis A. The ministry’s strong rejection of such allegations followed a similar denial by Morocco’s food safety agency which conducted tests on the strawberries unveiling the fallacy of the rumors spread on social media. The […]

Americas Emerging Markets Headlines International Morocco

Morocco-Peru Political Consultations: Lima praises Atlantic Initiative launched by King Mohammed VI

Peru has praised the Atlantic Initiative, launched by King Mohammed VI, a move aimed at transforming this continental maritime space into a zone of peace, stability, and development. This position was expressed at the seventh edition of the Morocco-Peru Political Consultations Mechanism, held this week in Lima. The edition coincides with the 60th anniversary of […]

Americas Business Columns Emerging Markets Headlines International Morocco

United Airlines to launch Marrakech-New York direct flights

United Airlines has signed a deal with Morocco’s tourism authorities to launch a direct air route linking Marrakech to New York. The deal was signed between the airlines and Morocco’s tourism promotion office as it eyes more American visitors to the Red city. United Airlines will be using its Boeing 767-300 with 167 seat capacity […]

Business Emerging Markets Europe Finance Headlines International Morocco

France’s Société Generale to sell its business in Morocco – media reports

France’s Société General plans to sell majority stakes in its Morocco banking activity to Saham, Moroccan media reported. Saham, owned by former industry minister Moulay Hafid Alamy, had reached a deal to buy 57% stake in the French subsidiary bank, Le360 said in an exclusive. The transaction to buy the fourth largest universal bank in […]

Africa Emerging Markets Headlines International Morocco

Princess Lalla Asmae, First Lady of Côte d’Ivoire inaugurate audiology centre & launch newborn hearing screening program in Rabat

Princess Lalla Asmae, youngest sister of King Mohammed VI, and the First Lady of Côte d’Ivoire, Dominique Ouattara, inaugurated, on Wednesday in Rabat, Lalla Asmae Foundation’s Hearing Diagnosis & Rehabilitation Centre and launched a newborn hearing screening program in the Rabat-Salé-Kenitra region at Moulay Youssef Hospital Centre. After cutting the inaugural ribbon, the Princess and […]