While Kenya’s government is targeting Chinese investors to establish manufacturing plants in its special economic zones to boost exports, thousands of local traders have protested in the capital Nairobi against the ‘unfair” competition from Chinese traders. The government is offering Chinese investors a value proposition that the East African country is the premier investment destination […]
Emerging Markets
Morocco, a friend and key Spanish ally- Pedro Sanchez says
Spanish Prime Minister Pedro Sanchez has once again dissipated the fog that some extreme-left and anti-Moroccan circles wish to create, reiterating Morocco’s standing as a friend and key ally for Spain. “Morocco is a friend and a key ally for Spain’s economic development and our gateway to Africa. It is also an ally in security […]
Nigeria: Harvest devastated by severe flooding, millions in desperate need of food
Heavy rains destroyed 700,000ha of farmland in northern Nigeria, wiping out the main source of income for thousands of households and worsening the food security crisis. The Director-General of the National Emergency Management Agency (NEMA), Mustapha Ahmed, last month issued a warning of upcoming severe flooding this year as indicated by predictions from relevant agencies. […]
African air travel demand sees strong growth, on track to reach pre-covid levels
African air travel has made a robust recovery, with the traffic in March having reached 94.8% of pre-pandemic levels of 2019, as more international routes and tourism reopened, the African Airlines Association (AFRAA) has said in a new report. Africa’s airlines have almost returned to pre-pandemic traffic levels, according to the report, noting that domestic […]
Two UK companies to build mega-algae production plant in Morocco
Brilliant Planet, an emerging leader in nature-based carbon dioxide removal (CDR) and Mott MacDonald, the global engineering, development & management consultancy, will build in Morocco the largest algae production facility in the world. The announcement was made Friday by the two UK companies in a joint press release. The Moroccan plant will be commissioned in […]
Morocco becomes representative of Arab Maghreb Union at African Union, another blow to Algeria
Morocco has gained an important post within the African Union, dealing a hard blow to the Algerian regime which has lost regional and international lust, becoming just an empty shell. Moroccan diplomat Amina Selmane has presented lately to AU Commission chairperson Moussa Faki Mahamat her credentials as the Permanent Representative of the Arab Maghreb Union […]
African Lion 2023, final planning meeting held in Agadir
The final planning meeting of the exercise “African Lion 2023” was held at the level of the South Zone Staff in Agadir from this April 12 to 16. During the meeting, held at the instructions of the King, Supreme Commander and Chief of General Staff of the Royal Armed Forces (FAR), representatives of the FAR […]
Morocco’s spending on subsidies more than halved in first quarter this year
Spending as part of the compensation fund subsidizing the prices of fuel, wheat, sugar, and butane gas more than halved to 4.5 billion dirhams in the first quarter this year, auguring well for state finances, according to the finance ministry. Subsidies including cash handouts to transport professionals stood at 44 billion dirhams last year due […]
Arab Monetary Fund supports Morocco’s financial & banking sector with $277 Mln loan
The Arab Monetary Fund has agreed to provide Morocco a $277 Million loan to support the country’s financial and banking sector and enable it maintain its economic stability amid a soaring global inflation due to the Russia-Ukraine war. The loan, announced on Thursday by the fund, will strengthen control & supervision of Moroccan financial and […]
Conference in Madrid highlights importance of Morocco-Spain fixed link project
The strategic importance of the fixed link project, through the Strait of Gibraltar, between Morocco and Spain, for both kingdoms and for Europe and Africa was the focus of a conference held this week in Madrid. During this meeting, held at the Casa Árabe, an institution under the Spanish Ministry of Foreign Affairs, on the […]









