Africa Business Columns Emerging Markets Headlines International Morocco

Landlocked Sahel countries subscribe to Morocco’s King Atlantic initiative

Four landlocked countries in the Shael welcomed the initiative launched by Morocco’s king to facilitate their access to the Atlantic coast, a goal that requires investments in infrastructure and a co-development approach. Mali, Niger, Burkina Faso, and Chad expressed at a meeting hosted by Morocco’s foreign minister Nasser Bourita in Marrakech Saturday their gratitude to […]

Africa Columns Emerging Markets Headlines International Morocco

Royal Initiative: Morocco chose to grant life to land-locked countries – Malian FM

Mali’s Foreign Minister Abdoulaye Diop affirmed on Saturday in Marrakech that Mali is “strongly engaged” in King Mohammed VI’s international initiative to facilitate the access of Sahel countries to the Atlantic Ocean, pointing out that granting water means granting life, and Morocco has chosen to grant the sea to non-coastal countries. The remarks were made […]

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Sahel countries: Ministerial Coordination Meeting discusses royal initiative to enhance access to Atlantic Ocean

The ministerial coordination on the international initiative of King Mohammed VI to promote access of the Sahel countries to the Atlantic Ocean started this Saturday in Marrakech, with the participation of Mali, Niger, Burkina Faso, and Chad. The royal initiative was unveiled in the speech delivered on the 48th anniversary of the Green March, wherein […]

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Morocco, Indonesia poised to establish strategic partnership

Morocco and Indonesia signed, Friday, a memorandum of understanding (MoU) to establish a strategic partnership between the two countries. The MoU was signed following talks in Rabat between Morocco’s Minister of Foreign Affairs, Nasser Bourita, and his Indonesian peer, Retno Marsudi. The MoU aims to diversify and expand cooperation areas, notably in matters of security […]

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Brazilian Senators, Deputies plead for enhanced partnership with Morocco

A group of around fifty Brazilian Deputies and Senators have pleaded for an enhancement of the strategic partnership between Brazil and Morocco, while expressing satisfaction with the “remarkable” progress in political and economic relations between the two countries. The plea came in a motion signed by 37 Senators and 14 Federal Deputies and addressed to […]

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Fitch: Moroccan Banks show resilience despite Macro-economic challenges

Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]

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Respect for territorial integrity, salient theme in Russia-Arab cooperation forum

The Russia-Arab cooperation forum in Marrakech urged full respect of the sovereignty and territorial integrity of states and urged non-interference in domestic issues. This came in the final statement of the forum, attended by Russian Foreign Minister Sergei Lavrov and hosted by his Moroccan peer Nasser Boourita. Several states in the region struggle with the […]

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Russian-Arab ministers laud Morocco’s King role in defending Jerusalem

The Russian-Arab Cooperation Forum, held in Marrakech at the foreign ministers’ level, welcomed the key role played by King Mohammed VI, Chairman of Al Quds committee, in safeguarding the city of Jerusalem and supporting its people. The forum “supports the role of the presidency of the Jerusalem Committee and its efforts to counter the practices […]

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Sahara: Moscow backs lasting settlement based on UN Security Council Resolutions

Russia’s Foreign Minister Sergei Lavrov said his country supports a lasting solution to the Sahara regional conflict based on the UN Security Council resolutions. Lavrov made the remarks at a joint press conference held Wednesday in Marrakesh following talks with Moroccan peer Nasser Bourita at the end of the 6th Russian-Arab Cooperation Forum. “We support […]

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Morocco calls for Russian-Arab Cooperation Forum to become effective, active strategic dialogue

Morocco has pleaded from Marrakech on Wednesday to make of the Russian-Arab Cooperation Forum a frame for effective and active strategic dialogue and for practical and fruitful partnership and for the creation of an “Economic and Cultural Forum” to go beyond the logic of classic diplomatic dialogue, towards innovative and concrete models of collaboration. The […]