Benin’s Foreign Minister Olushegun Adjadi Bakari has expressed support to Morocco’s territorial integrity, stating that his country considers the Autonomy Plan as the only credible and realistic solution to the regional dispute over Sahara. This came in a phone talk Olushegun Adjadi Bakari had this Tuesday with his Moroccan peer Nasser Bourita, the Moroccan Foreign […]
Emerging Markets
Teachers’ wage hike to cost government $900 million
The Moroccan government will have to spend 900 million dollars (9 billion dirhams) in 2024 and 2025 on the new deal struck with teachers to end their long strike, education minister Chakib Benmousa said. After negotiations with teachers’ unions, the government had agreed to a wage hike of 1500 dirhams and an increase in other […]
Frontex Chief calls Morocco ‘strategic’ partner in countering cross-border crime
The Executive Director of the European Agency for the Management of Operational Cooperation at the External Borders (Frontex), Hans Leijtens, emphasized Morocco’s pivotal role as a strategic partner in countering cross-border crime. “Morocco is one of our strategic partners, and it’s evident that we need each other in cooperation to fight cross-border crime [and] to […]
AfDB loans Côte d’Ivoire €165m to finance key programs of country’s National Development Plan 2021-2025
The African Development Bank (AfDB) announced Monday the approval by its board of directors of two loans valued at €165 million earmarked for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Program, an important aspect of the country’s National Development Plan 2021-2025. The first loan is worth €120 million and the second […]
Egypt, Morocco to bolster cooperation in water resources sustainable management
Morocco and Egypt have signed a memorandum of understanding (MoU) providing for an enhanced cooperation in the field of sustainable management of water resources. The MoU was initialed in Dubai on Monday, on the sidelines of COP28, by the Moroccan and Egyptian Ministers of Water, Nizar Baraka and Hani Sweilem. The agreement aims to strengthen […]
COP28: Mohammed VI Fund for Investment Signs Principles for Responsible Investment Declaration
The Mohammed VI Fund for Investment (FM6I) officially signed the Principles for Responsible Investment (PRI) Declaration, on the sidelines of the conference of the parties to the un framework convention on climate change (COP28) This voluntary initiative demonstrates the commitment of the Fund, the first signatory in the “Asset Owner” category in Morocco, to promoting […]
Morocco’s Guelmim-Oued Noun region, part of EBRD’s Green Cities Program
The European Bank for Reconstruction and Development (EBRD) has included Guelmim-Oued Noun region into its Green Cities Program and will thus contribute with a €12 million loan to improve drinking water supply in rural areas and upgrade four existing wastewater treatment plants. “This is a trigger investment that will initiate the region’s participation in the […]
Morocco’s King represented at investiture ceremony of newly elected President of Argentina
King Mohammed VI was represented at the investiture ceremony of the new Argentine President, Javier Milei, which took place on Sunday in Buenos Aires, by speaker of the House of Representatives Rachid Talbi El Alami. The official investiture ceremony of Javier Milei took place at the headquarters of the Argentine Congress, in the presence of […]
China removes tariffs for imports from six other African countries
China’ Customs Tariff Commission announced earlier this week the removal of tariffs for taxable products from six African countries, State-run Xinhua news agency reports. The move aims to embody the spirit of China-Africa friendship and cooperation, and facilitate a high-quality China-Africa community with a shared future, the commission reportedly said. Under the measure to be […]
EU should join forces with Africa on WTO reform to counter China’s market distortions — IW report
The European Union should work together with African countries to reform the World Trade Organization’s (WTO) subsidy rules as a way to tackle the global distortions of China’s state capitalism, the German Economic Institute (IW) argues in a new report. The research report entitled ‘Reforming WTO’s Subsidy Rules: a New Opportunity to Tackle the Global […]









