Asia Business Egypt Emerging Markets Headlines International Morocco

Morocco, UAE, Egypt, Jordan, Bahrain team up in industrial partnership

Morocco joined an Arab industrial cooperation partnership bringing together the UAE, Egypt, Jordan and Bahrain aiming to promote investments and economic development. The partnership’s MoU was signed in Manama by the five countries during a high-level ministerial meeting, attended by Moroccan industry minister Ryad Mezzour. The partnership offers a promising cooperation platform to support sustainable […]

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Rwanda poised to invest in tourism in Gabon

Rwanda Development Board (RDB) is mulling plans to invest in Gabon’s tourism sector in a bid to make travel easy for visitors of the two countries. RDB chairman Francis Gatare led a delegation that met this week with General Brice Clotaire Oligui Nguema, the transitional leader of the central African country. Talks between the two […]

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Algeria suffers its first 2024 diplomatic setback as it clutches at South Africa’s straw

Algeria and its ally South Africa have both ensued a painful diplomatic setback when Morocco won the presidency of the UN Human Rights Council by a comfortable majority of votes. The two resource-rich African countries have waged a campaign against Morocco’s bid using all sorts of propaganda in defiance of an African consensus backing Morocco’s […]

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Morocco’s economic growth to improve to 3.2% in 2024 despite drought

Morocco’s economic growth would pick up to 3.2% in 2024 from 2.9% expected in 2023, amid persisting drought but improving exports, planning agency HCP said. The forecast is closer to that of the World Bank which sees the economy growing by 3.1% this year after 2.8% last year. The agency expects Morocco to reap a […]

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Washington, NGOs, pundits congratulate Morocco on election to Presidency of UNHRC

The United States has congratulated Morocco on its election to the Presidency of the UN Human Rights Council for 2024, while committing to strengthening bilateral cooperation for the sake of the promotion of human rights in the world. “My heartfelt congratulations to Morocco and Ambassador Omar Zniber after being elected President of the UNHRC in […]

Africa Business Emerging Markets Europe Headlines International Morocco

UK seeks to build mutually beneficial partnership with Morocco

British Envoy for the UK-African Investment Summit 2024 (UK-AIS), Alastair McPhail, expressed eagerness to “building a modern partnership of mutual benefit with Morocco.” “We look forward to building a modern partnership of mutual benefit based on respect with Morocco and others,” McPhail told the press after talks in Rabat with Minister of Foreign Affairs, Nasser […]

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Bulgaria considers Moroccan Autonomy Initiative as ‘serious and credible’ basis for resolving Sahara Conflict

Bulgaria hailed, on Wednesday, the Kingdom’s “serious and credible efforts” to settle the Moroccan Sahara issue, considering the Moroccan autonomy initiative to be a “serious and credible basis” for resolving the conflict. This position was expressed in the Joint Statement adopted in Rabat by Deputy Prime Minister and Minister of Foreign Affairs of Bulgaria, Mariya […]

Emerging Markets Headlines International Morocco

Morocco wins presidency of UN Human rights Council

Morocco was comfortably elected to the presidency of the UN Human Rights Council, in recognition for its rights achievements and the credibility it enjoyed. Morocco received 30 votes, despite the hostile campaign waged against its presidency bid by Algeria and South Africa. Morocco’s contender South Africa got only 17 votes, a crushing defeat for a […]

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Backlash at Mauritania’s customs duty hike on Moroccan goods

Mauritania has hiked customs duty on goods entering the country from the Guerguarat border crossing with Morocco, triggering the wrath of local consumers who see the move as a hit to Mauritanians purchasing power. Most goods transiting through El Guerguarata to Mauritania and the wider West African regions are fresh produce. The hike meant that […]

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Morocco diversifies wheat suppliers in 2023

Morocco has diversified its wheat suppliers in 2023 to avert dependence on a single source and avoid the impact of geopolitical tensions on supplies. In 2023, Morocco imported 4.758 tons of soft wheat, compared with 5.27 tons in 2022, when the war broke out in Ukraine, sending prices skyrocketing, according to Morocco’s cereals agency ONICLE. […]