Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian joint military commission meets in Nouakchott

The Moroccan-Mauritanian Joint Military Commission held its 4th meeting in Nouakchott on Tuesday to review means of strengthening military cooperation in the various areas of training and education. The meeting was co-chaired by Lieutenant General Mohammed Berrid, Inspector General of the Royal Armed Forces and Commander of the Southern Zone, and Chief of the General […]

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OCP Africa presents solutions for better food security at African Agricultural Technology Conference

OCP Africa, a subsidiary of Morocco’s OCP Group, has presented innovative solutions that could revolutionize agricultural practices in Africa. The presentation was made at the African Agricultural Technology Conference 2023, held in Nairobi October 30 – November 3 under the theme “Agricultural resilience through innovation.” OCP Africa explained to participants and visitors solutions to ensure […]

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IMF warns of Africa’s vulnerability to China’s slowing economy

While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the International Monetary Fund (IMF) has cautioned African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Xi’sUS$10 billion pledge for […]

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U.S. reinstates Mauritania into AGOA after four-year hiatus

US President Joe Biden announced the eligibility of Mauritania for benefits under the African Growth and Opportunity Act (AGOA), which affects market access, investment, and reduced or eliminated tariffs on U.S. imports, four years after his predecessor Donald Trump suspended the Western African country over its failure to make progress on human rights – namely, […]

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Norwegian STAR SEAFOOD to invest €100m in Mauritania

STAR SEAFOOD, a Norwegian Seafood Company, is mulling plans to inject €100 million into Mauritania’s Nouadhibou free trade area for a three-phase project that will generate more than 2,800 jobs. The chairman of the authority of the FTA of Nouadhibou (the country’s second city) Ba Abdoulaye Mamadou met Monday October 30 with representatives of the […]

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Togo’s capital to host AFIS annual summit Nov. 15-16

Africa’s financial industry platform (AFIS) has chosen Lome as host of its second Annual Summit on November 15 and 16, 2023, for the second time in a row. This year’s Summit will focus on the building of a “world-class African financial industry.” AFIS, backed by the International Finance Corporation (IFC), the World Bank’s private sector […]

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Morocco, Germany poised to promote security cooperation

Morocco and Germany have signed on Monday a joint declaration of intent aimed at strengthening cooperation between the two countries’ Interior Ministries in the areas of security, migration, civil protection, and the fight against different forms of cross-border crime, on the basis of equality, equal treatment, common interest and mutual esteem. The Declaration of intent […]

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EU-Namibia business forum strengthens cooperation in GH2 and critical raw materials

Namibia will no longer export unprocessed mineral products, President Hage Geingob has told the recent EU-Namibia Business Forum held in Belgium, part of the African country’s bid to create more local jobs, more local value and to boost domestic industrialization efforts. Geingob’s statement came after, earlier this year, Namibia banned the export of unprocessed lithium […]

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Renault to start production line of Kardian new model in Morocco’s Casablanca by H1 2024

Automaker Renault will launch by first half (H1) of 2024 a plant in Morocco’s city business hub of Casablanca to manufacture its newly unveiled Kardian SUV, in a move to conquer emerging markets. The car manufacturer made announcement at the inauguration in Brazil of its Renault Design Center LatAm and its new Kardian SUV, in […]

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Morocco, 5th global destination in 2024 – Lonely Planet

The Australian travel guide book publisher Lonely Planet has ranked the kingdom of Morocco fifth of its top 10 destinations for the year 2024. The publisher, one of the leading around the world, depicts the North African country as a dazzling destination with epic mountains, sweeping deserts and ancient cities, a country which greets travelers […]