Africa Columns Emerging Markets Headlines International Morocco

Morocco in the forefront of African solidarity under King Mohammed VI reign

King Mohammed VI stands as a champion of intra-African solidarity, matching words with action through the launch of initiatives that aimed at spurring African economic integration, protecting the rights of Africans, promoting religious tolerance, and safeguarding peace and stability. Integration With more than 50 visits paid to different African countries during 25 years of his […]

Business Emerging Markets Europe Headlines International Morocco

Italian ferry company opens new bureau in Nador

Italian ferry company Grandi Navi Veloci (GNV) has inaugurated this week a new bureau in Nador, its second in Morocco after that of Tangiers. This expansion in the North African kingdom falls in the frame of the Marhaba 2024 operation, meant to facilitate Moroccan expatriates’ journey for holidaying in their mother country. “Following extensive renovation […]

Emerging Markets Energy Europe Headlines International Libya

Turkey considers Libya offshore hydrocarbons explorations

Turkish energy minister said his country is planning to conduct offshore explorations in Libyan waters in search of oil and gas. Ankara and Tripoli are close to reaching an agreement to launch the explorations, energy minister Alparslan Bayraktar told Sabah newspaper. Bayraktar said that, while Turkey invests in explorations in the Mediterranean, it also attaches […]

Columns Emerging Markets Headlines Morocco

Sustainable water supply, a priority of King Mohammed VI’s reign

Morocco, under the leadership of King Mohammed VI, has attached utmost priority to sustainable water management in the context of recurrent drought and adverse climate change impact. Morocco, already one of the most water-stressed globally, has seen a sharp decline in rainfall, impacting water reserves, leading to a depletion of groundwater and undermining the agricultural […]

Asia Business Emerging Markets Headlines International Morocco

UAE, Morocco finalize terms of Comprehensive Economic Partnership Agreement

The United Arab Emirates and Morocco have finalized the terms of a Comprehensive Economic Partnership Agreement (CEPA) that will usher in a new era of mutually beneficial trade and investment ties between the two countries, reported the UAE news agency WAM. UAE Minister of State for Foreign Trade, Thani bin Ahmed Al Zeyoudi, and Morocco’s […]

Africa Emerging Markets Energy Headlines International

South Africa lagging in climate action – Report

South Africa, the 14th largest carbon emitter in the World, has so far failed to match words with action as far as cutting carbon emissions is concerned, as it continues to heavily rely on coal amid slow implementation of renewable energy projects, an independent report said. The report, commissioned by the South African presidency, found […]

Emerging Markets Finance Headlines Morocco

AfDB supports Morocco’s Governance & Climate Change Resilience Program with €120 Mln financing

The Board of Directors of the African Development Bank (AfDB) Group has approved a €120 million financing to support Morocco’s Governance and Climate Change Resilience Support Program (GCRRP) – Phase 1. The main objective of this program is to implement reforms guaranteed to boost Moroccan economy and consolidate its resilience to exogenous factors including climate […]

Africa Emerging Markets Energy Headlines International

Report expects green economy to create 3.3 million jobs across Africa

A report by FSD Africa, a UK-funded development agency, found that a greener economy in Africa could create 3.3 million jobs by 2030, mainly in the renewable energy sector. The report focuses on five countries: the Democratic Republic of the Congo, Ethiopia, Kenya, Nigeria, and South Africa, where approximately 60% of green economy jobs will […]

Africa Emerging Markets Energy Headlines International Morocco

Rabat hosts high-level meetings on Nigeria-Morocco Gas Pipeline Project

Several high-level meetings on the strategic Nigeria-Morocco African Atlantic Gas Pipeline project were held in Rabat this July 15-19, with the participation of all the countries involved in the project and representatives of the Economic Community of West African States (ECOWAS), and the West African Gas Pipeline Authority (WAGPA), Morocco’s National Office of Hydrocarbons and […]

Emerging Markets Finance Headlines Morocco

Morocco forecasts a 4.6 % economic growth in 2025

Morocco forecasts economic growth to rise to 4.6% in 2025, based on current assumptions, Economy and Finance Minister, Nadia Fettah, said in Rabat on Thursday. The official, who was presenting the 2024 Budget execution, the 2025 finance bill framework and the three-year budget plan for 2025-2027 at a joint meeting of the finance committees of […]