Asia Emerging Markets Finance Headlines International Mauritania

Saudi Fund, Mauritania ink $40m loan deal

The Saudi Fund for Development, SFD, provided Monday December 18 Mauritania with a soft credit line of $40 million earmarked for the construction and equipment of two educational institutes that are specialized in key sectors of the economy. The deal was signed by SFD CEO Sultan Al-Marshad and Mauritania’s Minister of Economy and Sustainable Development, […]

Africa Emerging Markets Finance Headlines International

Africa faces looming ‘debt crisis’ and ‘lost decade’, warns World Bank

Developing countries are on a “path to debt crisis” and another “lost decade”, World Bank warns in its latest annual publication, unless African and other debtor governments, private and official creditors and multilateral financial institutions agree on a quick and coordinated action to secure more support from the creditors. The 50th edition of the ‘International […]

Asia Business Columns Emerging Markets Europe Headlines International Morocco

Morocco’s hosting of 6th Arab-Russian Forum, an international recognition of the Kingdom’s regional role

The Moroccan city of Marrakesh, which hosted the 2023 WB-IMF Annual Meetings, CAF Awards 2023 and the latest Arab police conference, will host another major event, the Arab-Russian Forum, this December 19-20. The Forum is held under the theme of “the challenge of strengthening Russia’s place in the Arab region and in Africa.” Russian Foreign […]

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Re-elected President of Madagascar vows to further strengthen friendship & cooperation relations with Morocco

The re-elected President of Madagascar, Andry Rajoelina, has vowed his readiness to further strengthen the relations of sincere friendship and cooperation biding his country to Morocco. The Malagasy head of state made the remarks while receiving Saturday at the Presidential Palace the Speaker of the House of Representatives, Rachid Talbi El Alami, who represented King […]

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Spain describes as fruitful its Foreign Minister’s visit to Morocco

Spain’s Ministry of Foreign Affairs has described Spanish top diplomat José Manuel Albares’ visit to Morocco on Wednesday and Thursday as “fruitful.” “Two fruitful days of visit to Morocco by Minister Albares,” wrote the Spanish Ministry of Foreign Affairs on Friday in a message posted on its X account, specifying that Madrid and Rabat reaffirmed […]

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Morocco, France hold new rounds of talks on security cooperation

Head of Morocco’s National Security and Territorial Surveillance Abdellatif Hammouchi held two working sessions in Rabat with France’s Director-General of Internal Security, Nicolas Lerner, who was on a working visit to the Kingdom. During these meetings, which took place on Thursday and Friday, the two parties evaluated cooperation in the fields of intelligence and security […]

Columns Emerging Markets Europe Headlines International Morocco

Moroccan-Spanish ties, a diplomatic success story

Relations between Morocco and Spain have never been stronger, offering an example of a success story of cooperation between two neighbours working hand on hand including on controversial issues. At a press conference in Rabat, both Moroccan and Spanish foreign ministers, Nasser Bourita and José Manuel Albares, expressed satisfaction at the promising prospects of bilateral […]

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Tourism: Morocco breaks 2019 record, attracts 13.2 million tourists up to Nov

Morocco has already broken 2019 tourist arrival record with 13.2 million visitors, despite challenges to the sector from external shocks and the earthquake, tourism ministry said. Morocco is poised to attract 14 million by year’s end thanks to the resilience of the sector and the attractiveness of Morocco’s offer. “These records unveiled by the ministry […]

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Atlantic Dialogues: Plea for stronger South-South Atlantic cooperation, endorsement of King’s Atlantic initiative

Former African and Latin-American presidents underlined the need for a stronger South-South Atlantic cooperation that serves the interests of the peoples of Africa, Latina America and the Caribbean, and stressed that Morocco and Brazil can lead the way in promoting this initiative. During a panel held in Marrakech Thursday under the theme “A New Atlantic […]

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Washington hails ‘record’ year for US-Africa ties post-2022 leaders summit

The United States had delivered more than 40% of commitments made at the United States-Africa Leaders Summit (USALS) one year ago, which hosted about 50 African heads of government in Washington DC, senior US government officers have said. Speaking during a digital press briefing on the one year anniversary (14 December), they pointed out that […]