Africa Business Emerging Markets Headlines International

Luxury tourism in Africa fails to benefit local communities, University of Manchester Study Finds

Luxury tourism in Africa is often promoted as a high-value, low-impact development model, while its actual benefits to local communities are minimal, a new study from the University of Manchester found. The study, published in the African Studies Review, raises serious concerns about the long-term sustainability and equity of luxury tourism strategies across Africa. In […]

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TICAD 9: African, Japanese leaders commend Moroccan King’s African initiatives on climate & migration – Final Declaration

African and Japanese heads of state and government commended several initiatives launched by King Mohammed VI, and emphasized his pioneering role in promoting important continental initiatives on climate, migration, and sustainable development in Africa. In the final declaration issued by the 9th Tokyo International Conference on African Development (TICAD 9), held in Yokohama, heads of […]

Business Emerging Markets Headlines Morocco

OECD forecasts strong economic outlook for Morocco through 2026

Morocco is heading into 2025 with renewed economic confidence, buoyed by a strong rebound in its agricultural sector, the Organisation for Economic Co-operation and Development (OECD) said. The country is projected to achieve a growth rate of 3.8% in both 2025 and 2026, OECD said in a recent report, noting that this sustained momentum is […]

Americas Business Emerging Markets Headlines International Morocco

Morocco considers buying Brazil’s Embraer’s KC-390 transport aircraft

Morocco is moving forward with a major modernization of its Royal Air Force (FRA), with plans to acquire Embraer’s KC-390 Millennium aircraft, according to defense outlet Military Africa. The procurement is part of a broader strategy to gradually replace the FRA’s aging fleet of 14 C-130H Hercules transport aircraft and KC-130H aerial refueling tankers. If […]

Emerging Markets Europe Finance Headlines International Morocco

German loan for modernization of Casablanca rail network

Morocco’s National Railway Office (ONCF) has secured a $225 million loan from German development bank KfW to modernize Casablanca region railway network. The German funding follows a $350 million loan approved by the World Bank in June, both supporting the “Service Intra-métropolitain Rapproché” (SIR) program. The SIR seeks to establish an electrified passenger rail service, […]

Emerging Markets Finance Headlines International Morocco

Mobile Payment: IBA Group & Berexia launch SoftPOS solution in Morocco

IBA Group, a multinational software service provider and Berexia payment, a leading technology services company, have joined efforts to launch SoftPOS solution in Morocco in cooperation with Al Barid Bank and Royal Air Maroc (RAM). SoftPOS, or Software Point of Sale, is a software-based solution that turns any NFC-enabled smartphone or tablet into a secure […]

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New African Magazine lauds Royal Atlantic Sahel Initiative seeking regional stability & shared prosperity.

The Atlantic Initiative, launched by King Mohammed VI, will reshape the economic and geostrategic landscape of Africa. By providing maritime access to Sahel countries, Morocco is offering a regional and continental model for stability and shared prosperity, said the New African Magazine. The royal Atlantic Sahel project will enhance African economic integration by strengthening cooperation […]

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Japan’s TICAD 9 exposes Algeria’s maneuvers over Polisario inclusion

The ninth Tokyo International Conference on African Development (TICAD-9) exposed the growing diplomatic isolation of Algeria in its campaign to force the participation of the Polisario Front in international events. Despite not being officially invited, the self-declared SADR representative- using Algerian travel documents like all Polisario separatists- attempted to place a nameplate at the conference […]

Emerging Markets Headlines Morocco

Morocco to face Niger at newly rebuilt Moulay Abdellah stadium in Rabat

The Royal Moroccan Football Federation (FRMF) has officially confirmed that the upcoming World Cup qualifier between Morocco and Niger will take place at the newly reconstructed Moulay Abdellah Sports Complex in Rabat. The match, part of the sixth round of Group E qualifiers for the 2026 FIFA World Cup, is scheduled for Friday, September 5, […]

Africa Asia Business Emerging Markets Headlines International Morocco

Moroccan King’s vision, initiatives in Africa highlighted at TICAD

The vision and strategic initiatives of King Mohammed VI for the development and integration of the African continent were highlighted at the 9th Tokyo International Conference on African Development (TICAD 9), held in Yokohama, Japan. Speaking at a conference organized on Thursday, Ambassador to Japan andhead of the Moroccan delegation, Mohamed Rachad Bouhlal, presented the […]