British Envoy for the UK-African Investment Summit 2024 (UK-AIS), Alastair McPhail, expressed eagerness to “building a modern partnership of mutual benefit with Morocco.” “We look forward to building a modern partnership of mutual benefit based on respect with Morocco and others,” McPhail told the press after talks in Rabat with Minister of Foreign Affairs, Nasser […]
Business
Bulgaria considers Moroccan Autonomy Initiative as ‘serious and credible’ basis for resolving Sahara Conflict
Bulgaria hailed, on Wednesday, the Kingdom’s “serious and credible efforts” to settle the Moroccan Sahara issue, considering the Moroccan autonomy initiative to be a “serious and credible basis” for resolving the conflict. This position was expressed in the Joint Statement adopted in Rabat by Deputy Prime Minister and Minister of Foreign Affairs of Bulgaria, Mariya […]
Morocco wins presidency of UN Human rights Council
Morocco was comfortably elected to the presidency of the UN Human Rights Council, in recognition for its rights achievements and the credibility it enjoyed. Morocco received 30 votes, despite the hostile campaign waged against its presidency bid by Algeria and South Africa. Morocco’s contender South Africa got only 17 votes, a crushing defeat for a […]
Air Côte d’Ivoire named AFCON Official Carrier
Côte d’Ivoire’s national carrier Air Côte d’Ivoire has been made the official carrier for the TotalEnergies CAF Africa Cup of Nations (AFCON) Côte d’Ivoire 2023. The African football governing body, La Confédération Africaine de Football (CAF), in a statement said the airline has become Official Sponsor for the sport event starting on January 13. CAF […]
Backlash at Mauritania’s customs duty hike on Moroccan goods
Mauritania has hiked customs duty on goods entering the country from the Guerguarat border crossing with Morocco, triggering the wrath of local consumers who see the move as a hit to Mauritanians purchasing power. Most goods transiting through El Guerguarata to Mauritania and the wider West African regions are fresh produce. The hike meant that […]
Morocco diversifies wheat suppliers in 2023
Morocco has diversified its wheat suppliers in 2023 to avert dependence on a single source and avoid the impact of geopolitical tensions on supplies. In 2023, Morocco imported 4.758 tons of soft wheat, compared with 5.27 tons in 2022, when the war broke out in Ukraine, sending prices skyrocketing, according to Morocco’s cereals agency ONICLE. […]
Houthis’ Red Sea attacks spike Asia-Morocco shipping cost by over 60%
The hijacking of commercial ships and drone attacks by the Iran-backed Houthi rebels have disrupted global supply chains and sparked a jump in Asia-Morocco shipping costs by 60% to 100%. “The cost of shipping a 20-foot container from Shanghai to Casablanca increased from $1,450 to $2,800 (from €1,324 to €2,557) since last month’s 15th,” Rachid […]
EU provides Mauritania €9.5m to support reforms in health, education
The European Union has granted Mauritania €9.5 million earmarked to prop up the national budget of the African country in favor of some reforms in the areas of education and health. The reforms in education and health seek to support the implementation of the strategy for accelerated growth and shared prosperity, known as SCAPP launched […]
Nigeria’s Naira, Kenyan Shilling worst hit of Africa’s devaluing currencies in 2023 with no hope in sight
African countries have faced a myriad of challenges in 2023, not the least of which was currency devaluation, with Nigeria’s Naira and Kenyan Shilling experiencing their largest drop in value against the greenback in 24 and 30 years respectively. While Nigeria and Kenya recorded significant growth across numerous industries, there were still instances of socio-economic […]
Tanzania aims high to become go-to-market for all of Africa’s electrical equipment needs
Tanzania is venturing into the manufacture of electrical equipment aiming to become a key player in the industry, which is part of the government’s strategy to diversify the East African country’s economic portfolio. During her recent visit to Multi Cable Limited (MCL), a Dar es Salaam-based factory, Tanzania’s Industry and Trade Minister, Ashatu Kijaji, sought […]









