Emerging Markets Headlines Maghreb

Mauritanian president replaces pro-Algeria generals

In a major army leadership reshuffle, Mauritania’s president Mohammed Ould Ghazouani removed generals who had recently met Algeria’s chief of staff. Mauritanian observers said the move was a pre-emptive strike from President Ould Ghazouani, sensing a potential Algeria-orchestrated coup. Under the reshuffle, General Mohamed Vall Ould Raïs was appointed new Chief of Staff of the […]

Africa Emerging Markets Energy Headlines International

ENI starts oil and gas production offshore Côte d’Ivoire

Italian energy giant ENI started phase 2 of oil and gas production in the offshore Balaine field, which helps Côte d’Ivoire consolidate its role as a producing country on the global energy scenario, strengthening access to energy on a national scale. “Thanks to this milestone, production will reach 60,000 barrels of oil per day and […]

Finance Tunisia

Tunisia’s Central Bank holds key rate at 8%

The Central Bank of Tunisia (BCT) announced on Saturday December 28 its decision to maintain the key interest rate at 8%, following a meeting of its board of directors. This decision reflects the Bank’s cautious approach to stabilizing the economy while carefully navigating inflationary pressures and broader economic uncertainties. In its official statement, the BCT […]

Business Emerging Markets Europe Headlines International Morocco

Spanish magazine labels Morocco ‘Future Silicon Valley’

Morocco is establishing itself as “the future Silicon Valley”, taking advantage of several factors fostering the country’s technological rise, according to the Spanish trade magazine “Paradavisual”. “With growing investment in the startup sector, a young, skilled workforce and support for innovation, Morocco is positioning itself as the future Silicon Valley,” the article titled “Morocco, the […]

Asia Finance Headlines International Morocco

Bayt Mal Al-Quds Agency invests $4.2 Million in 2024 to support projects in Palestine

Bayt Mal Al-Quds Agency, the executive arm of the Al-Quds Committee, Chaired by King Mohammed VI, invested $4.2 million in 2024 in projects and programs supporting the Palestinian people. According to the Agency’s 2024 annual report, the implemented projects were distributed across various sectors, with 31% allocated to social assistance programs, 19% to arts, heritage, […]

Business Columns Emerging Markets Headlines Morocco

FIFA World Cup 2030, major economic driver for Morocco

Football is the most popular sport in the world, and with great popularity comes great economic benefits. The 2030 World Football Cup, which will be co-organized by Morocco, Spain and Portugal, is a major economic driver for the North African Kingdom. The expected influx of tourists, fans, and journalists will stimulate various sectors of the […]

Africa Emerging Markets Headlines International Morocco

Football: Official dates of the 2025 competition calendar in Africa

The year 2025 is shaping up to be a dynamic one for African football, with a packed schedule of tournaments and events. The action kicks off on January 27 in Rabat, Morocco, with the draw for the Africa Cup of Nations (CAN), where the 24 qualified teams will learn their group-stage opponents. In February, the […]

Asia Emerging Markets Headlines International Morocco

King-championed social state initiative highlighted in Manama

The broadlines of the social state initiative championed by Morocco’s King Mohammed VI were highlighted before the 44th session of the Council of Arab Ministers of Social Affairs, organized by the Arab League in Manama, Bahrain. Morocco’s Secretary of State in charge of Social Integration, Abdeljabbar Rachidi, who presented the initiative explained that it aims […]

Business Emerging Markets Features

Horn of Africa: long-term peace to come from regional integration, cooperation — UNDP report

The Horn of Africa countries should turn to trade as a solution to persistent conflict and political instability, says a new report by the United Nations Development Programme (UNDP), that suggests that the lack of intra-regional trade, as well as poor infrastructure, has fueled conflict and violence by perpetuating poverty and a sense of marginalization. […]

Africa Emerging Markets Headlines International

Intra-Africa migration: 70% of African migrants relocate to neighboring countries — AU study

Nearly 70% of African migrants relocate to neighboring countries, choosing this option rather than attempting the perilous journey to European shores, a recent study conducted by the African Union (AU) revealed. In the past few years, Africa has witnessed changing patterns of migration, a phenomenon that has become both dynamic and extremely complex. The study […]