There has been no disagreement thus far among various Group of 20 (G20) nations over India’s proposal to include the African Union (AU) into the global group, with the United States saying it will work closely with the Indian presidency on a joint communique at the 3rd Sherpa Meeting in Hampi, India. Since Indian Prime […]
Emerging Markets
Côte d’Ivoire freezes 2023-2024 cocoa exports due to bad weather
The world’s largest producer of cocoa, Côte d’Ivoire, has suspended its 2023-2024 exports citing bad weather that has caused the death of at least 30 people since April 2023. Yves Brahima Koné, head of the country’s cocoa regulator, told media that the freeze will deal a blow to buyers who are big raw materials trading […]
Egypt mulls plans to establish three new free Zones
Egypt is considering building three new Free Zones, Prime Minister Mostafa Madbouly announced Sunday to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). The future Zones, Madbouly’s office indicated in a statement, will be Alexandria, the 10th of Ramadan, and the 6th of October cities. The office also indicated that […]
Shell, Morocco sign LNG supply agreement
Morocco’s electricity and water utility ONEE signed a deal to buy from Shell 0.5 billion cubic meters of liquified natural gas (LNG) over 12 years in a push to increase the share of natural gas in its energy mix, Morocco’s ministry of energy transition said. In the first years, the LNG will be supplied via […]
Spain Supports Conclusion of New Fisheries Protocol between Morocco, EU (Minister)
Spain’s Minister of Agriculture, Fisheries and Food, Luis Planas Puchades, stressed on Friday in Cordoba that his country ”supports the European Union and Morocco in concluding a new fisheries protocol for the next four years”. “Spain’s position is very clear”, said Planas in a statement to the Spanish media, describing as “positive and fruitful” the […]
Morocco: Government expects 3.7% growth in 2024
The Moroccan government has released its macroeconomic forecasts for 2024, expecting a growth rate of 3.7% while revising downwards its 2023 growth forecast to 3.4% instead of 4%, due partly to drought and inflation. In a presentation at the Moroccan parliament, minister in charge of the budget Fouzi Lekjaa said the forecast will be taken […]
Senegal, Germany ink agreements for vaccine production
Senegal and Germany signed Thursday two financial agreements for the production of vaccine in the West African country, Senegalese state-run news agency APS reports. The agreements namely financial cooperation agreement and a financial aid contract, were signed by Oulimata Sarr, Senegal’s Minister of Economy, Planning and Cooperation and Karl von Klitzing, Director Senegal Office of […]
Egypt, Ethiopia agree to settle dispute over Nile River dam
Egyptian President Abdel Fattah al-Sisi held talks on Thursday (13 July) in Cairo with Ethiopian Prime Minister Abiy Ahmed on the Grand Ethiopian Renaissance Dam (GERD) project on the Nile River and both leaders agreed on the urgent need to launch negotiations on the filling and operation of the dam within four months. The talks […]
Morocco-EU Fisheries Agreement ‘Remains in Force’, to Be Deployed to ‘Deepen Bilateral Partnership’ (Joint Statement)
Morocco and the European Union (EU) have agreed to continue their cooperation as provided for in the Partnership Agreement in the field of sustainable fisheries, which “remains in force”, in order to deepen their bilateral partnership. “Morocco and the European Union have agreed to continue their cooperation as provided for in the Partnership Agreement in […]
Morocco reviews in Madrid skills training for new professions
Minister of Economic Inclusion, Small Businesses, Employment and Skills, Younes Sekkouri, held meetings in Madrid on Wednesday and Thursday on ways to develop Morocco’s relations with international institutions in the field of skills training for new professions. The meetings, held on the sidelines of a high-level meeting on skills in the Mediterranean organized by the […]









