Business Emerging Markets Europe Headlines International Morocco

Barcelona, Bilbao host business meetings to bolster investment dynamic between Morocco & Spain

Two Business Forums are held this Monday in Barcelona and Tuesday in Bilbao to discuss ways of strengthening the investment dynamic between Morocco and Spain. The forums, bringing together over two hundred Moroccan and Catalan and Basque business leaders, are part of the implementation of the Morocco-Spain Joint Declaration drawn up in April 2022 after […]

Africa Business Emerging Markets Europe Headlines International Morocco

Italy-Africa Summit kicks off in Rome with Morocco’s participation

The Italy-Africa summit, held under the theme “A Bridge for Common Growth,” kicked off on Monday in Rome, with the participation of Aziz Akhannouch, Morocco’s Head of Government, who is representing King Mohammed VI at the event. During the Conference, Italy will share with African countries the guidelines of the “Mattei” Plan, which Rome intends […]

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DR Congo, China seal new mine-road financing deal worth $7 Billion

The Democratic Republic of Congo (DRC) and GEC, a consortium of Chinese companies, have sealed a new mine-road financing deal worth $7 Billion. The funds are mainly intended for the construction of national roads in the central African country. State-owned mining company Sicomines announced the decision over the weekend following talks on an updated version […]

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“Morocco, Kingdom of Light”, new beau livre by Assouline publisher

“Morocco, Kingdom of Light” is the title of a new Coffee Table book released by New York-based luxury publisher Assouline, which celebrates the rich and diverse culture of a Kingdom whose authenticity is “endless”. Embellished with more than 200 illustrations, the 312-page book “takes readers on a journey through this enchanting country” which is Morocco, […]

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Niger temporarily halts issuance of new mining licenses

Niger’s authorities have temporarily halted the issuance of new mining licenses and ordered an audit of the industry, the Ministry of Mining announced, according to press reports. It is unclear what motivated the measure. However, it comes amid the increase in the price of the commodity on the international market. Last week, the price of […]

Business Emerging Markets Headlines Morocco

Morocco breaks pre-Covid tourism record with 14.5 million visitors

Morocco’s tourism has turned the Covid 19 page, breaking a new record with the arrival of 14.5 million tourists last year, up 34% from 2022. The milestone shows a 12% increase compared to 2019 when Morocco attracted 13 million tourists, the ministry said in a statement. The growth was triggered by Moroccans living abroad who […]

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Gabon, UAE seal MoU to attract investment into the African country’s economy

The Federation of UAE Chambers of Commerce & Industry (FCCI) and Gabon’s investment promotion agency ANPI-Gabon have inked a Memorandum of Understanding (MoU) to lure investment from the Gulf country to support economic development of Gabon. The deal was signed by ANPI-Gabon CEO Ghislain Moandza Mboma and FCCI’s Secretary General Humaid Mohamed Bin Salem, who […]

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African govts need to learn lessons to secure true win-win development partnership with China

As the China’s top diplomat Wang Yi wraps up his six-day tour of Africa, hailing deep-rooted friendships between China and African nations, experts have stressed that Beijing’s pursuit of influence in Africa goes well beyond economic interests. As Wang Yi visited Egypt, Tunisia, Togo and Côte d’Ivoire, the sides have reiterated their commitment to upholding […]

Business Emerging Markets Europe Headlines International Morocco

Morocco’s Renault factory output up 9.3% in 2023

The Moroccan plant of French carmaker Renault reported a 9.3% increase in manufactured vehicles to 382,661, placing the factory as the second largest within the Renault group in terms of output volume. The figures were given by head of Renault Maroc, Mohamed Bachiri, who said 90% of produced vehicles were sold in 68 countries. Morocco-produced […]

Africa Business Emerging Markets Headlines International Morocco

Sahara: Gambia reaffirms backing to Morocco’s “credible and realistic” Autonomy Plan

The Gambia has reaffirmed its steadfast support for Morocco’s Autonomy plan, saying it is the only “credible and realistic” solution to the Sahara regional conflict. The supportive stand was expressed in a joint communiqué issued Thursday in the Moroccan Saharan city of Dakhla following the 3rd meeting of the Morocco-Gambia Cooperation commission held under the […]