Emerging Markets Energy Headlines International Morocco

World Power-to-X Summit: Green Hydrogen Agreements Signed in Marrakech

Several agreements in the field of green hydrogen were signed on Tuesday in Marrakech, on the sidelines of the ongoing third edition of the “World Power-to-X Summit” (PTX23). The agreements aim to promote innovation and consolidate training around green hydrogen in favor of sustainable development, and to put in place appropriate measures to ensure the […]

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IMF-WB annual meetings to go ahead as planned in Marrakech on Oct 9-15

The IMF, the World Bank and the Moroccan government confirmed Marrakech will host the annual meetings as planned on October 9-15, in a boon for the earthquake-hit tourism industry in the country. The confirmation came in a joint statement signed by World Bank President Ajay Banga; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; and […]

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IMF offers Morocco $1.3 bln loan to face climate risks

The International Monetary Fund will lend Morocco $1.3 bln to help the country fend off climate change risks, Morocco’s news agency reported. “The IMF concluded a staff-level agreement with Morocco to provide $1.3 billion in financing over the long term,” the agency said, citing IMF chief Kristalina Georgieva. Georgieva made the announcement during her participation […]

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Morocco Stands out as ‘Attractive and Viable Destination’ for International Investment (Spanish Think Tank)

Morocco is standing out as an ”attractive and viable destination for international investors” seeking ”solid and sustainable” growth opportunities, stresses the Spanish Institute for Governance and Applied Economics Coordenadas, a prestigious think-tank and research centre. ”The success of investment in Morocco is based on a combination of factors such as sound government policies, progressive economic […]

Emerging Markets Europe Headlines International Morocco

Earthquake: British MP James Duddridge lauds Morocco’s immediate response under leadership of King Mohammed VI

Conservative MP James Duddridge said he has been struck by Morocco’s remarkable ability to respond swiftly and effectively to the devastating earthquake that shook the North African Kingdom. In an Op-Ed published in the Telegraph daily, the former UK minister for Africa said that Morocco has once more shown its resilience in difficult times, and […]

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Why the IMF and WB should maintain annual meetings in Marrakech

Maintaining the IMF-World Bank annual meetings in Marrakech would give a much-needed push of support to Morocco’s earthquake-affected tourism sector, tourist operators say. Morocco’s central bank governor Abdellatif Jouahri said at a preparatory conference in Rabat that the annual meetings are still planned for October 9-15. But the two financial institutions are yet to confirm, […]

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Morocco’s patches up earthquake wounds, braces for reconstruction

Moroccan authorities and army are racing the clock to offer decent temporary shelters to the earthquake-hit population in the Atlas mountains, defying the difficult terrain and vast affected area. The 7 magnitude tremor hit a week ago killing around 3000 people and destroying many traditionally-built villages in the provinces of Al Haouz, Taroudant, Chichaoua and […]

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Former NATO General commends Morocco’s King regional & international leadership

King Mohammed VI has mediated conflicts across the Sahel, helped to negotiate over a hundred cooperation agreements and deployed more than 70,000 UN peacekeepers, said NATO’s former Deputy Supreme Allied Commander Europe Richard Shirreff. In an Op-Ed published lately in the Financial Times, the British General said the Western security depends on Morocco’s resilience and […]

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Earthquake: Spanish rescue workers, Doctors Without Borders hail professionalism, great logistical effort deployed by Morocco

Spanish rescue workers and members of the international humanitarian organization “Doctors Without Borders” who took part in relief operations following the earthquake that shook several regions in central Morocco on September 8 have commended the professionalism, great logistical effort, and the swift and efficient response of Moroccan authorities on the ground to help the affected […]

Emerging Markets Europe Headlines International Morocco

2030 World Cup: Tripartite Spain-Morocco-Portugal bid committee holds 1st working meeting

The tripartite Spain-Morocco-Portugal bid commission for the organization of the 2030 World Cup held its first meeting in Las Rosas, Spain, the Royal Moroccan Football Federation (FRMF) reported on Sunday. The meeting was chaired by Pedro Rosha, Chairman of the Board of Directors of the Spanish Football Federation, Fouzi Lekjaa, the FRMF President, and Fernando […]