Africa Emerging Markets Headlines International Morocco

Morocco’s King represented at inauguration ceremony of Nigerian President by head of Government

King Mohammed VI was represented at the inauguration ceremony of the new president of Nigeria, Bola Ahmed Tinubu, by Head of Government, Aziz Akhannouch, represented, on Monday in Abuja, His Majesty The inauguration ceremony of Nigerian president Bola Tinubu and Vice President Kashim Shettima took place this Monday at Eagle Square in capital Abuja, before […]

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Morocco’s CGEM Hails British Justice’s Rejection of Pro-Separatist Action, Calls ‘Victory’ for Both Countries’ Businesses

British Justice’s rejection of pro-separatist action, a ‘victory’ for both countries’ businesses, CGEM says London Court of Appeal’s rejection of the case brought by pro-separatist NGO WSC against the Morocco-UK trade agreement is a victory for Moroccan and British companies, says the General Confederation of Moroccan Businesses (CGEM). The CGEM welcomed in a press release […]

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Civil unrest in Africa hits 6-year high, driven by political tensions, food insecurity — report

Businesses operating in Africa “are grappling with an unprecedented rise in disruption, linked to protests, demonstrations and rioting,” according to a latest research by risk intelligence firm Verisk Maplecroft, which also suggests that the situation will deteriorate over the course of 2023. The surge in civil unrest in Africa, driven by political tensions, food insecurity, […]

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An Ode to Morocco on the Financial Times

The charm of Morocco with all its picturesque landscape, enchanting centuries-old cities, and enchanting cultural diversity, arts, cuisine and smells were neatly woven in a story by the Financial Times’ travel editor Maria Shollenbarger, who gave the reader a sense of the Morocco experience. Shollenbarger traveled with her 80-year-old mother who came all the way […]

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US First Lady to visit Morocco part of a coming trip to MENA region, Europe – Spokesperson

The First Lady of the United States Jill Biden will visit Morocco, part of a coming trip she is making to the Middle East, North Africa, and Europe shortly, her spokesperson Vanessa Valdivia announced on Friday. The Firt Lady’s visit to the kingdom is part of a tour of the Middle East, North Africa and […]

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Africa Day 2023: AU promotes AfCFTA, rejects great-power competition in Africa

The African Union (AU) used the celebrations of the 60th anniversary of ‘Africa Day’ this week to warn the continent not to become a “geo-strategic battleground” for global powers and also to promote the African Continental Free Trade Area (AfCFTA). Africa must not become a “geo-strategic battleground” for global powers, as it grapples with several […]

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Industry takes lion’s share in Morocco’s government investment plan for 2023

The Moroccan government has approved 76.7 billion dirhams, or 7.67 billion dollars in investment projects, of which the industrial sector took the largest chunk. The government geared 53.6 billion dirhams to industry, that is 70% of the total investments planned this year, followed by desalination with 14% and renewable energies with 4%. In total 21 […]

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Nigeria emerges as Africa’s FDI hub of digital technology

Nigeria emerges as Africa’s top destination for foreign direct investment (FDI), having reportedly attracted over 30% of the FDI in the continent’s tech ecosystem and increasingly becoming the hub of digital technology in the continent. “The Nigeria tech ecosystem has attracted about $4.4billion investment between the year 2015, 2019 and 2020 respectively, and ICT contributing […]

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Irrevocable rejection of a Polisario request against Morocco-GB Association Agreement confirmed

The London Court of Appeal on Thursday irrevocably rejected the appeal of the pro-separatist NGO ”WSC” against a previous decision of the Administrative Court, rejecting its request which attempted to question the association agreement linking Morocco to the United Kingdom. This third setback since last December for the enemies of Morocco’s territorial integrity confirms the […]

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Green Transport: Marrakesh to receive 20 electric buses from South Korea

Korea’s International Cooperation Agency (KOICA) will donate Moroccan city of Marrakesh 20 electric buses worth $7.5 million. These zero emission buses will help improving air quality in one of the world most popular tourist destinations. The grant’s agreement was inked Wednesday by KOICA Chief in Rabat Yongwoo Jeong, president of the Council of Marrakech-Safi region […]