Business Emerging Markets Energy Finance Headlines International Morocco

MENA: Morocco in top five states generating electricity from solar power; third developing country attracting most investments in green energy

Morocco is one of the top five nations in the Middle East and North Africa that produce the most electricity from solar energy, according to a survey by the Emirati Energy platform, and according to the Global Investment for 2023 report published lately by the United Nations, the kingdom ranks among the top ten developing […]

Emerging Markets Headlines Morocco

Seawater desalination: OCP to help improve drinking water supply for Safi, El Jadida regions

Morocco’s phosphate & fertilizer giant OCP has renewed its determination to help improve drinking water supply in the country through the signing of a new memorandum of understanding as well as a concession contract with the government under which the two sides will cooperate to provide potable water through desalination of seawater to Safi and […]

Emerging Markets Europe Headlines International Morocco

“The M6 Code” or King Mohammed VI’s mark – French weekly

Under the eloquent title “Le Code M6”, the French weekly Le Nouvel Economiste has published a dossier on Morocco, in which it asserts that “since he came to power in 1999, Mohamed VI has left his mark”, the Kingdom now being “considered one of the most dynamic economies in the North African region.” The country […]

Americas Business Emerging Markets Headlines International Morocco

Bloomberg highlights dynamics of Morocco’s pharma industry

US agency Bloomberg has highlighted the dynamics of the Moroccan pharmaceutical industry as well as the Kingdom’s efforts to promote local production so as to foster Africa’s health sovereignty. A robust homegrown industry would help Africa ensure adequate supplies of critical treatments, said Lamia Tazi, chief executive officer of Moroccan pharmaceutical group SOTHEMA, in an […]

Africa Emerging Markets Headlines International Morocco

CAF President congratulates Morocco on its world-class soccer stadiums, Infrastructure

President of the Confederation of African Football (CAF), Patrice Motsepe, congratulated Morocco on its “world-class” soccer stadiums and infrastructure, as the CAF Executive Committee held its meeting in the new headquarters of the Royal Moroccan Football Federation (FRMF) in Rabat on Friday. Following the meeting and a tour of the FRMF’s new premises, CAF chief […]

Emerging Markets Europe Headlines International Morocco

Morocco, Germany to launch multidimensional strategic dialogue next year

Morocco and Germany agreed on Thursday in Berlin to launch next year the Multidimensional Strategic Dialogue agreed upon in 2022. This dialogue will serve as a basis for moving forward in bilateral relations and strengthen coherence between the different areas of bilateral cooperation. The announcement came at the end of a meeting between Foreign Minister, […]

Africa Business Emerging Markets Headlines International Morocco

Morocco’s Al Mada plans expansion in the African food market

Morocco’s private investment fund Al Mada said it has set up an international food industry subsidiary focusing on Africa, dubbed Teralys. As part of its goal to promote food industry in Africa in a way that is conducive to regional integration, Teralys signed an agreement to acquire a majority stake in Senegal’s Patisen, Al Mada […]

Africa Asia Business Emerging Markets Features Headlines International

DRC will take advantage of China’s export limits on rare metals amid global supply concerns

Congo aims to capitalize on increased germanium demand, created by export limits on gallium and germanium recently imposed by China, by establishing a new production unit, positioning itself as a valuable source of the semiconductor material. Invoking national security concerns, Beijing on Monday (4 July) announced export limits on select gallium and germanium components, raising […]

Emerging Markets Headlines Morocco

Morocco ranks 61st in new Global Military Power index

Morocco has secured its position in the global ranking of military powers, earning the 61st spot out of 145 countries, according to the latest report released by Global Firepower (GFP). With a score of 1.0524, Morocco stands out for its military modernization, strategic alliances, and advantageous geographical location. The GFP’s ranking system, known as PowerIndex, […]

Business Emerging Markets Energy Features Headlines

Africa50 signs MoU with International Solar Alliance in a Lome meeting

Africa50, an infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, signed Monday in the Togolese capital of Lome, a Memorandum of Understanding (MoU) with the International Solar Alliance (ISA) to support and finance solar projects in Africa. The deal, Africa50 notes, advances the organizations’ mutual goal of increasing […]