Business Emerging Markets Europe Headlines International Morocco

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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€10.7 billion investment pledges at first “Invest in Senegal Forum”

Participants at first “Invest in Senegal Forum” held July 6-8 have pledged €10.7 billion investments in the West African country. The amounts were disclosed by Prime Minister Amadou Ba at a meeting with the media to present a report on the event seeking the development of local and regional markets. Close to 3,500 delegates among […]

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Alstom to build 2nd rail plant in Morocco

French Alstom group will invest over $16 million on a second rail plant in Morocco which is developing its rail industrial ecosystem with its local expertise to meet its mobility and transportation needs. The 2nd plant will make driving cabs for regional and underground railway trains, said Alstom in a press release issued Thursday. In […]

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Fisheries: Sustainability, a shared goal for Morocco, EU (Joint Statement)

Morocco and the European Union (EU) have announced, on Thursday in Brussels, that they will continue scientific cooperation with the “common objective of ensuring the sustainability” of fisheries resources in the region. “Morocco and the EU have taken note of the recommendations contained in the report of the Joint Scientific Committee, which met last June. […]

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EU reaffirms ‘utmost importance’ of fisheries partnership with Morocco, ‘essential interest’ in its continuation

The European Union (EU) has reaffirmed the “utmost importance” it attaches to its fisheries partnership with Morocco and the “essential interest” it has in its continuation, in a “spirit of trust, solidarity and mutual interest.” Relations with Morocco in the field of fisheries “are part of a global and mutually beneficial partnership, which makes Morocco […]