Emerging Markets Europe Headlines International Morocco

Spain’s migration cooperation with Morocco is exemplary, Interior Minister says

Spanish Interior Minister Fernando Grande-Marlaska this Friday commended cooperation between Morocco and Spain on migration, describing this cooperation as “exemplary”. “Cooperation between Morocco and Spain is exemplary. We have been close, reliable, and loyal partners for a long time,” the Spanish minister told the public television channel TVE. In January, the Spanish official made his […]

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New York Times highlights Marrakesh as “a haven of Islamic architecture, dazzling traditional artisanship, cool contemporary design”

The New York Times has highlighted the touristic assets of Marrakech, describing it as “a haven of Islamic architecture, dazzling traditional artisanship, and cool contemporary design.” In an article published Thursday, The New York Times celebrates Marrakesh as a city combining authenticity and modernity and boasting many tourist attractions. The author of the piece, Seth […]

Africa Business Emerging Markets Headlines International

African countries ‘robbed’ of $11bn in annual revenues by ‘incognito’ fishing vessels

Illegal, unreported, and unregulated fishing costs African countries up to $11.49 billion annually, according to a new study conducted by researchers from the University of Wisconsin-Madison and Duke University, that also found that over 75% of the world’s industrial fishing vessels, mostly in Africa and South Asia, are operating “incognito.” In the new study published […]

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Angola’s diamond sector to be advanced by new De Beers deal with state-owned companies

London-based De Beers Group and Angolan state-owned companies have signed a memorandum of understanding (MoU) pledging to collaborate on opportunities to increase diamond production, to advance Angola’s alluvial mining sector and enhance social development for the benefit of the country’s citizens. To support these objectives, the MoU was inked between De Beers and Angola’s National […]

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Libya willing to restore air connectivity, open a shipping line with Morocco

Libya has expressed its willingness to restore air connectivity with Morocco and its commitment to any initiative aimed at opening a shipping line between the two countries. This came at a meeting in Rabat between Libyan Minister of Transport Salem Al Shahoubi, and his Moroccan peer Mohammed Abdeljalil on the sidelines of the high-level ministerial […]

Emerging Markets Europe Finance Headlines International Morocco

EIB supports Morocco’s technopoles expansion with €115 Mln funding

The European Investment Bank has provided €115 Mln loan to MEDZ, subsidiary of CDG Group, for the expansion and modernization of ten technopoles located in five regions of Morocco. The funding supports the country’s advanced regionalization policy and its New Development Model and is in line the EU’s Mediterranean Agenda on resilience and climate transition, […]

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Boycott of Moroccan ports, how Algeria shot itself in foot

In a self-defeating decision Algerian bank association (ABEF) ordered in December a ban of all transactions involving transshipment through Moroccan ports. Few days later, in January, ABEF partly backpedaled on the decision excluding fresh produce and meat, while maintaining the ban of all transactions involving other non-perishable goods. The boycott generated “immediate and severe consequences,” […]

Africa Emerging Markets Headlines International Morocco

AU-PSC: Morocco underscores interconnection between health security and peace & security

Morocco has underscored the interconnection existing between health security and peace and security and insisted that conflict and instability can exacerbate public health problems. This came at a meeting held this Thursday by the African Union’s Peace and security Council (PSC) on “Health security and the promotion of peace and security in Africa”, chaired by […]

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Spain’s official gazette recognizes Moroccan sovereignty over Sahara

In a reference to Laayoune as a Moroccan city, the Spanish official gazette has reflected the official position of the country in support of Morocco’s sovereignty over the Sahara. The Spanish official gazette had in August cited Laayoune in a text, in a move that shows Spanish commitment to its 2022 declaration in which it […]

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Rabat hosts a cyber security conclave

The 5th edition of the “Cyber Security Conclave – Morocco” kicked off on Wednesday in Rabat with the participation of over 350 cybersecurity authorities, public decision-makers, business leaders, managers, and cybersecurity professionals from several African and Arab countries. The two-day meeting reflects the crucial importance of cooperation in the field of cybersecurity and aims to […]