The African Development Bank has provided Morocco’s OCP Group three loans totaling 188 Million U.S. dollars for green projects planned by the world’s leading producer of phosphate fertilizers. The loan agreements were inked Monday in Rabat by Ousmane Fall, director of Industrialization & Trade Development at AfDB and Karim Lotfi Senhadji, OCP Chief Financial Officer […]
Business
African mining continues to be held back by infrastructure deficit — experts
While interest in Africa’s critical mineral reserves, including those vital to combating climate change, is soaring, in some places their extraction is hindered by problems with vital infrastructure, according to several recent studies. The African mining industry, which contributes an estimated 4.5% to the continent’s GDP, has also made a significant contribution to the global […]
AU Summit: Morocco’s commitment to achieving development goals in Africa stems from King’s strategic vision (FM)
Morocco’s commitment to achieving development goals in Africa is part of the strategic vision of King Mohammed VI, said Minister of Foreign Affairs, Nasser Bourita, who is representing the Sovereign at the 37th African Union Summit being held Saturday and Sunday in Addis Ababa. Bourita recalled in this regard that the King stressed in his […]
Parliamentary Conference on South-South Cooperation applauds Moroccan King’s Atlantic Initiative – Final Declaration
Participants at the Parliamentary Conference on South-South Cooperation held in Rabat Feb.15-16, commended the international initiative of King Mohammed VI aimed at promoting access of Sahel countries to the Atlantic Ocean. “We commend and welcome the international initiative of His Majesty King Mohammed VI aimed at promoting access of Sahel countries to the Atlantic Ocean, […]
Parliamentary Conference on South-South Cooperation: Major challenges facing humanity require a new Cooperation global order – Final Declaration
The major challenges facing humanity today require the establishment of a new global order of cooperation founded on principles of justice and equity for all nations of the world, particularly those of the South, the Parliamentary Conference on South-South Cooperation stressed in a final declaration released in Rabat Friday. Participants in the conference called in […]
Moroccan farmers condemn attacks on their exports in EU
A group defending the interests of Moroccan farmers, COMADER, denounced the attacks on trucks exporting Moroccan fresh produce in the EU. Videos on social media showed angry Spanish farmers taking aim at Moroccan trucks loaded with tomatoes heading to the UK market. “We express our concern following the recurrent and unjustified attacks on Moroccan products […]
Niger’s President sends message to King Mohammed VI
General Abdourrahman Tiani, President of the National Council for the Safeguard of the Homeland, Head of State of Niger has sent a message to King Mohammed VI. The message was handed over by Niger’s PM Ali Mahamane Lamine Zeine to Head of Government Aziz Akhannouch at a meeting in Rabat on Wednesday. The contents of […]
Avoiding ‘resource curse’: why Africans benefit little from big oil and gas finds
Senegal joins other African countries like Nigeria or Namibia that have struggled to manage their oil and gas resources discovered in recent years for the real benefit of the people, including by improving the energy situation at home. The oil and gas finds in Africa have rarely lived up to their promise, often doing more […]
German fund earmarks €270M to enhance hydrogen production in several countries, including Morocco
Germany’s Power-to-X Development Fund has unveiled a significant €270 million grant opportunity aimed at enhancing hydrogen production in select countries, including Morocco, South Africa, Kenya, Egypt, Brazil, Georgia, and India. This initiative, launched in 2023 and supported by the German Ministry of Economic Cooperation and Development, represents a crucial step toward advancing green hydrogen industries […]
Morocco Ranks 30th in Global Entrepreneurship Monitor National Entrepreneurial Context Index
Morocco ranked 30th in the Global Entrepreneurship Monitor (GEM) National Entrepreneurial Context Index (NECI), according to GEM 2023/2024 Global Report launched Tuesday at Hassan II University of Casablanca. GEM NECI measures the 12 entrepreneurial environment conditions (EFCs) that make up the context in which entrepreneurial activity takes place in a country. In 2022, Morocco ranked […]









