Business Emerging Markets Headlines Morocco

Morocco’s port traffic surges 10.2% in first quarter of 2025

Morocco’s national ports handled 60.8 million tons of commercial cargo during the first quarter of 2025, representing a 10.2% increase compared to the same period last year, according to the Financial Studies and Forecasts Directorate (DEPF). The growth was primarily driven by transhipment traffic, which surged 12.7% and accounted for 49.9% of total port activity. […]

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Morocco, Türkiye sign MoUs on road safety and maritime cooperation

Morocco and Türkiye signed two memoranda of understanding on Friday in Istanbul to strengthen cooperation in road safety and maritime transport, officials said. The agreements were signed by Moroccan Transport Minister Abdessamad Kayouh and Turkish Transport Minister Abdulkadir Uraloglu on the sidelines of the Global Transport Connectivity Forum currently held in Istanbul. The first MoU […]

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Moroccan government approves 47 new investments worth $5.5 bln

Morocco’s National Investment Commission has approved 47 new investment projects totaling 51 billion dirhams ($5.5 billion), in a major push to stimulate economic growth and job creation across the kingdom. The approvals, announced during the 8th session of the Commission, include 36 new agreements and 11 amendments to existing ones. The projects are expected to […]

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British firms launch joint venture to tap Morocco’s hydrogen potential

British geoscience company Getech and energy transition firm Sound Energy have established a joint venture to explore Morocco’s untapped natural hydrogen and helium reserves, positioning the North African kingdom at the forefront of emerging clean energy technologies. The newly formed HyMaroc Limited will focus on discovering and developing underground deposits of these critical resources, following […]

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UK reaffirms commitment to strengthening strategic partnership with Morocco

The British government reaffirmed on Thursday its commitment to deepening the strategic partnership it shares with Morocco, describing the Kingdom as “an increasingly vital trade and investment partner for the United Kingdom.” “The United Kingdom is committed to further strengthening this partnership and considers Morocco an increasingly essential trade and investment partner,” said Michael Shanks, […]

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Morocco officially joins EV battery supply chain

Morocco has officially entered the global electric vehicle (EV) battery supply chain with the inauguration of COBCO’s lithium-ion battery material plant in Jorf Lasfar, south of Casablanca. The launch, held on June 25, marks a major milestone in the country’s industrial strategy to become a regional hub for clean mobility technologies. The COBCO plant, a […]

Emerging Markets Headlines Libya

Libya’s Audit Bureau, UN Oversight Delegation Discuss Enhancing Mission Efficiency and Resource Management

Khalid Shakshak, Head of Libya’s Audit Bureau, held high-level talks with a delegation from the United Nations Office of Internal Oversight Services (OIOS) to assess the performance of UN missions and programs in Libya. The meeting underscored the need for improved coordination between the Audit Bureau and the United Nations Support Mission in Libya (UNSMIL), […]

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Morocco’s top Audit Institution takes part in SAI20 Summit in Johannesburg

Morocco’s Court of Accounts took part in the Supreme Audit Institutions (SAI20) Summit, held on June 24-25 in Johannesburg, with a delegation led by its First President Mrs. Zineb El Adaoui. For the third consecutive year, Morocco’s top audit body took part in the Summit of the G20 member countries, a key platform for dialogue […]

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Maroc Telecom, Inwi launch joint ventures to expand fiber and tower infrastructure

Maroc Telecom and Inwi have finalized the creation of two joint ventures, Uni Fiber and Uni Tower, aimed at accelerating the rollout of fiber-optic and mobile tower infrastructure across Morocco, the companies said on Wednesday. The ventures, approved by Morocco’s telecom regulator ANRT on June 18, will receive a combined investment of 4.4 billion dirhams […]

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Morocco’s Akwa Group invests in oil storage project in Senegal

Moroccan Akwa private group, a major player in energy and petroleum distribution, has launched a strategic oil storage project in Bargny-Sendou, approximately 30 km from Dakar, Senegal. According to weekly news magazine “Jeune Afrique”, this project, which includes natural gas processing, could reshape energy distribution in West Africa. It will also enhance Senegal’s energy infrastructure […]