Emerging Markets Europe Finance Headlines International Morocco

EU makes €190 million financial contribution to post-quake reconstruction

The EU has pledged 190 million euros in a new financial contribution to Morocco’s post-quake reconstruction efforts. An agreement was signed in that respect by the EU’s commissioner for the neighborhood Olivér Várhelyi and minister in charge of the budget Fouzi Lekjaa. The Commissioner said the EU has injected 5 billion euros in the Moroccan […]

Africa Emerging Markets Energy Headlines International Morocco

Morocco prepares to launch first tenders for Atlantic gas pipeline

Morocco plans to launch in 2025 the first tenders for the initial phase of a major gas pipeline that will connect Nigeria to the Kingdom, state hydrocarbons and mines agency ONHYM said. The tenders will cover the Moroccan part of the pipeline, Asharq Bloomberg reported citing an official document. The first phase of the pipeline […]

Egypt Finance

Egypt’s AAIB bank raises $500 mln in green bond

Egypt’s Arab African International Bank (AAIB) issued Africa’s largest private green bond worth $500 million to fund its sustainable development operations. Three renowned development financial institutions: the IFC, the EBRD, and British International Investment (BII) teamed up in this issuance, subscribing to the entire bond. The bond is also reflective of a strong commitment to […]

Columns Emerging Markets Europe Headlines International Morocco

Partnership with Morocco, EU needs to match words with action

Morocco has sent a clear and straight forward message to the European Union, telling the European bloc to defend bilateral partnership with tangible actions not words. “Morocco expects the EU to prove its commitment to partnership through deeds, not words”, said Moroccan foreign minister Nasser Bourita during a joint press briefing Monday in Rabat with […]

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China’s zero-tariff plan for African economies raises doubts among experts

Beijing’s recent decision to eliminate tariffs for goods from least developed countries (LDCs) with diplomatic relations with China, including 33 in Africa, has been met with a great deal of skepticism among experts. The decision, announced by President Xi Jinping at the 2024 Forum on China-Africa Cooperation (FOCAC) that was held in Beijing in early […]

Africa Columns Emerging Markets Headlines International Morocco

Health sovereignty, pillar of Morocco’s African policy

Morocco has attached particular importance to health cooperation in Africa, as part of a larger south-south cooperation approach, that aims at addressing the continent’s pressing human development needs. The launch of the African Academy of Health Sciences, to promote research and training and enhance the continent’s health sovereignty is another brick in the edifice of […]

Asia Emerging Markets Headlines International Morocco

China backs Morocco’s efforts to preserve stability and security – Ambassador

The visit paid by Xi Jinping on Saturday to Casablanca highlights China’s support for Morocco’s efforts to preserve security and stability, Chinese ambassador to Rabat Li Changlin said. Jinping was received in Casablanca airport, on his way back from a G20 meeting in Brazil, by Crown Prince Moulay El Hassan and head of the government […]

Africa Business Finance International

Zimbabwe Launches Major Debt Resolution Initiative Amid Economic Challenges

Zimbabwe has initiated ambitious plans to address its $12.7 billion external debt through a high-level conference bringing together creditors and finance executives. The meeting, featuring President Emmerson Mnangagwa and African Development Bank leadership, aims to chart a path toward clearing arrears and accessing international capital markets. The nation’s debt burden, representing 81 percent of GDP, […]

Africa Emerging Markets Headlines International Morocco

Morocco launches African Academy of Health Sciences in Sahara

Morocco has launched the African Academy for Health Sciences in Dakhla in its southern provinces to promote research and training in the continent. The announcement was made at the Mohammed VI University for science and health in Dakhla, a city that is poised to become not only a gateway to the African market, but also […]

Columns Emerging Markets Energy Europe Headlines International Morocco

Time has come for UK to recognize Morocco’s sovereignty over Sahara (British expert)

Time has come for the UK government to recognize Morocco’s full sovereignty over its entire Saharan territory following in the footsteps of key allies, including the United States, France, Germany and Israel. In an Op-Ed published in online platform “Comment Central”, Harry James Richer, a foreign policy analyst, said such recognition would positively contribute to […]