Africa Business Emerging Markets Features Headlines International

Senegal to stage first “Invest in Senegal” Forum on July 6-8

Senegal’s investment promotion and grand projects agency, APIX, will organize on July 6-8 the country’s first “Invest in Senegal” Forum seeking the development of local and regional markets. APIX in a statement argues that the event is meant to draw benefits of the African Continental Free Trade Area (AfCFTA) and promote investment opportunities in Senegal […]

Business Emerging Markets Features Headlines Morocco

IMF Chief Impressed by Morocco’s Economic progress

The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]

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South Korea keen to invest in several areas in Niger

South Korea is considering investing in multiple areas in Niger, chairman of the Asian country’s Private employers’ Council told President Mohamed Bazoum. Chey Tae won “Anthony” who also doubles as Chairman of SK Inc., a holding and IT services company headquartered in Seoul, met with the Nigerien leader in Paris. Both sides, according to the […]

Business Emerging Markets Headlines Morocco

Morocco’s aviation sector experiencing “remarkable” evolution, a business strategist tells Forbes

Morocco’s aviation sector is experiencing “remarkable” evolution, and the Kingdom, a vibrant and strategic country in North Africa, is emerging as a key player in this field, states US Forbes Magazine in an article by a business strategist. “The global aviation industry is expected to grow over the next 10 years, and I believe Morocco […]

Emerging Markets Headlines International Morocco

IMF Chief impressed by economic progress in Morocco, a shining example of Africa’s greatest potential

The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]

Business Emerging Markets Europe Headlines International Morocco

Sahara: UK Gets Brexit Boost after Appeal Court Refuses to Challenge Trade Deal with Morocco

UK’s Brexit has been boosted by the latest court ruling refusing to challenge the legality of the Association Agreement sealed with Morocco, which includes the Sahara territory, says British Express daily. The Appeal Court’s refusal to accept the challenge confirmed the London Administrative Court’s ruling of December 5 2022. Former cabinet minister Ranil Jayawardena has […]

Business Emerging Markets Headlines International Morocco

Aeronautics: Pratt and Whitney to build new facility in Morocco

Morocco has attracted a new heavyweight investor to its burgeoning aerospace ecosystem thanks to its political stability, geostrategic position, modern infrastructures, skilled manpower, tax incentives and free-market economy. On Tuesday, Pratt & Whitney, an American aerospace manufacturer with global service operations, announced at Paris airshow that it will build a facility in Casablanca to manufacture […]

Emerging Markets Finance Headlines Morocco

Morocco’s Central Bank keeps rates unchanged amid persisting inflation

Morocco’s Central Bank has decided to keep its key interest rates unchanged at 3 pc due to persistent inflation fueled by soaring food prices and the war in Ukraine which continues to affect global economy. The decision was made Tuesday by the Board of Bank Al Maghrib during its second quarterly meeting held to discuss […]

Americas Emerging Markets Headlines International Morocco

Marrakesh among seven great cities offering great walks, New York Times

The large-circulation daily in the USA has ranked Marrakesh among seven great cities in the world that offer great walks and the pleasures of strolling through their urban landscape. In an article entitled “In 7 Great Cities, 7 Great Walks”, the newspaper said that they asked writers in cities around the world to suggest routes […]

Emerging Markets Finance Headlines International Morocco

Moroccan central bank urges caution in dealing with CBDCs

Morocco’s central bank governor Abdellatif Jouahri advocated a cautious approach in adopting central bank digital currencies (CBDCs), recalling that the bank set up a working group to look at the matter in 2021. Speaking to a conference attended by IMF chief Kristina Georgieva, Jouahri underscored the urgent character of examining CBDCs which have a role […]