Emerging Markets Headlines International Morocco

Morocco, a ‘bright spot’ in terms of education and Infrastructure- IMF Chief

Morocco is a “bright spot” and an “excellent example” for the rest of the continent, particularly in terms of education and infrastructure, stressed, on Sunday in Marrakech, Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. Speaking at a press conference on the eve of the Annual Meetings of the World Bank and IMF, […]

Africa Emerging Markets Headlines International

As G20 member, Africa can help solve world’s critical mineral challenge

Against the backdrop of the African Union (AU) becoming a permanent member of the Group of Twenty (G20), responsible mining in the region, encapsulated in the AU’s African Mining Vision (AMV), should play a central role in fueling a mutually beneficial sustainable development while facilitating the cross-border collaboration between African states that will pave the […]

Africa Business Emerging Markets Headlines International

Africa’s coups epidemic hampers trade, takes heavy toll on AfCFTA

The recent military coups in Gabon and Niger, and claims of a military takeover attempt in Congo Brazzaville, show that the contagion may continue to spread, not only undermining democratic governance but also threatening to dim the prospect of improved inter-continental trade under the African Continental Free Trade Agreement (AfCFTA). With military officers in Gabon […]

Emerging Markets Headlines International Morocco

WB-IMF Annual Meetings, opportunity to showcase Morocco’s and Africa’s immense diversity, vibrance (Senior UN Official)

The Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) are an opportunity to showcase the “immense” diversity, vibrance, and economic potential of Morocco and Africa, underlined the United Nations  . On the eve of the meetings hosted by Marrakesh (Oct 9-15), Junhua applauded the leadership being shown by Morocco […]

Emerging Markets Headlines Morocco

UNSG Guterres applauds as “exemplary” the solidarity that prevailed in Morocco during earthquake

The Secretary-General of the United Nations, António Guterres, commended the exemplary spirit of solidarity that prevailed in Morocco, under the leadership of King Mohammed VI, to support the earthquake victims that struck several regions of the Kingdom. This came in a message read out on his behalf by the High Representative of the UN Alliance […]

Asia Emerging Markets Headlines International Morocco

PLO official commends Moroccan King’s firm & unwavering positions, Morocco renews commitment to Palestinian cause

Secretary General of the executive committee of the Palestine Liberation Organization (PLO) Hussein Al-Cheikh has commended the firm and unwavering support of King Mohammed VI to the Palestinian cause and the establishment of an independent Palestinian state. “The Moroccan stance regarding the establishment of an independent Palestinian state with East Jerusalem as its capital is […]

Emerging Markets Headlines International Morocco

WB-IMF Annual Meetings: IMF Managing Director Kristalina Georgieva Arrives in Marrakech

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, arrived in Marrakech on Friday afternoon leading an IMF delegation, to take part in the Annual Meetings of the World Bank Group and the IMF, scheduled for October 09-15. Georgieva, who was greeted at Marrakech-Menara international airport by Minister of Economy & Finance, Nadia […]

Business Emerging Markets Headlines Morocco

Morocco to dedicate 1 million additional hectares to cereals

Morocco is set to enhance its food sovereignty by making available an additional million hectares dedicated to cereals, agriculture minister Mohamed Sadiki said. Morocco imports between 3 and 5 million tons of soft wheat depending on its own drought-affected output. This year, Morocco had a below average cereals harvest and is expected to import up […]

Emerging Markets Finance Headlines International Morocco

Marrakech readies for IMF-WB meetings

Marrakech, the Red city, has been well-prepared to host the IMF-World Bank annual meetings, a few weeks after a devastating earthquake killed some 3000 people. The city was spared the severe damage suffered in the Atlas Mountains where whole villages have been wiped out. Moroccans raced the clock removing the rubble and making a facelift […]

Americas Business Emerging Markets Headlines International Morocco

Aircraft engine maker Pratt & Whitney invests up to $100 mln in Morocco

World leader in the design, manufacture and service of aircraft engines and auxiliary power units, Pratt & Whitney, invested $100 million in a plant that underscores the development of the aeronautical industry in the country. The 120,000 m2 plant will be ready in 12 months and would employ 200 people, Morocco’s industry ministry said. Pending […]