Africa Emerging Markets Headlines International Morocco

Fez Stadium ready for African cup of nations

The Grand Stade de Fès, in one of Morocco’s ancient capitals, is ready to shine on the continental stage. With its grand reopening scheduled for June 6, 2025, just in time for a friendly between Morocco’s Atlas Lions and Tunisia, the stadium now symbolizes Morocco’s bold ambitions for the 2025 Africa Cup of Nations. Thirteen […]

Business Emerging Markets Headlines International Morocco

The Guardian: Casablanca Finance City, gateway for international investment into Africa

The Casablanca Finance City impressive growth and its rapidly mushrooming new high-rise buildings stand as a model for African development and a gateway for international investment into Africa, said the Guardian daily. The attractive tax regime of Morocco’s financial center has brought in entities from across the globe. It now hosts 240 companies, including Huawei […]

Africa Business Emerging Markets Headlines International Morocco

Morocco, leading host of data centers in Africa

Morocco hosts currently 23 data centers, becoming the leading host country in Africa, said Global Finance Magazine, affirming that the Kingdom’s desire to secure its data sovereignty has also contributed to the boom of this high-tech & IT business. The North African kingdom has adapted quickly to the digital age. In 2020, the Agency for […]

Africa Business Emerging Markets Europe Headlines International Morocco Technology

UK CRCE company wins 2nd welding contract for Moroccan water pipeline project

CRC Evans (CRCE), a leader in welding, welding technology, and coating services, has won a major contract renewal to provide project management and pipeline welding services for a transformational water pipeline project in Morocco. State-owned OCP Group is constructing a 219-km water pipeline to transport desalinated water from its facilities in Jorf Lasfar on the […]

Business Emerging Markets Headlines International Morocco

Several international firms competing for $1.5 bln Casablanca Airport expansion

A total of 28 international firms are bidding for the $1.5 billion Casablanca Airport expansion, according to Moroccan press reports. The list of the bidders includes 4 Moroccan companies, 14 Chinese firms, 5 Turkish companies, and 1 company each from Spain, Egypt, India, Greece, and Switzerland. In preparation for the 2030 World football Cup which […]

Business Emerging Markets Europe Headlines International Morocco

UK sets sights on Morocco’s £33bn public procurement pipeline for next 3 years

The UK looks to benefit from £33bn in public procurements planned in Morocco for the next three years, as the two countries foster their ties following London’s endorsement of the North African Kingdom’s autonomy plan as the “most credible” solution to the Sahara issue. During a high-level visit to Rabat, UK Foreign Secretary David Lammy […]

Finance Headlines Libya

Dbeibah demands transparency over shadow spending as economic strains mount

In a stern and deliberate rebuke, Libya’s Prime Minister Abdul Hamid Dbeibah has called on House of Representatives (HoR) Speaker Aqila Saleh to disclose the fate of over 100 billion Libyan dinars reportedly expended outside the confines of the official State budget over the last two years. Speaking during a high-level meeting with members of […]

Business Emerging Markets Headlines Morocco

Euronews highlights Morocco’s economic attractiveness & role in global market

The business and investment opportunities offered in Morocco in various sectors were highlighted by Chief of Morocco’s Agency for Investment & Export Development during a TV program broadcast by Euronews. Morocco had the fifth highest GDP in Africa in 2024, while S&P Global Ratings has upgraded the country’s credit rating to BB+ with a positive […]

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‘He didn’t die rich’: Bill Gates pledges $198bn to Africa to improve health, education

Microsoft co-founder Bill Gates has announced that the majority of his $200 billion fortune will be spent over the next two decades on transforming health and education across Africa. Speaking at the African Union headquarters in Addis Ababa, Gates called for bold investments in human potential as the key to unlocking prosperity across the continent. […]

Asia Business Headlines International

IATA cuts 2025 profit forecasts amid economic headwinds

The International Air Transport Association (IATA) downgraded its 2025 projections Monday, forecasting fewer than five billion air trips this year compared to the previously anticipated 5.22 billion, as the aviation sector faces mounting economic uncertainties. During IATA’s annual general assembly in New Delhi, the organization revised industry profit expectations to $36 billion, down $600 million […]