Emerging Markets Finance Headlines Morocco

Morocco’s king orders earthquake reconstruction program worth $12 bln

King Mohammed VI of Morocco chaired a third meeting to follow up the implementation of the reconstruction after the earthquake ordering speeding up in implementing a program worth 120 billion dirhams ($12 billion) in the six quake-struck regions. The program will span over a five-year period covering the six provinces affected by the earthquake: Marrakech, […]

Emerging Markets Europe Headlines International Morocco

FIFA 2030 World Cup: Spain-Portugal-Morocco Joint Bid “Solid & Ambitious”

Acting Spanish PM Pedro Sanchez has said his country is working with Portugal and Morocco on a “solid and ambitious” bid for hosting the 2030 World Cup. In a tweet posted Tuesday following his meeting in New York with FIFA President Gianni Infantino, he said :“We are working with a clear idea in mind: football […]

Business Headlines International Morocco

Marrakesh hosts international conference on public sector performance & transparency

The city of Marrakesh hosted on Sept.19 an international conference organized by Moroccan Ministry of Economy & Finance, in partnership with the World Bank on “Public Sector Performance and Transparency”. The event was attended by experts in IT and administrative reform, decision-makers, representatives of international organizations and lecturers from Côte d’Ivoire, Cape Verde, Spain, Greece, […]

Emerging Markets Energy Europe Headlines International Morocco

World Power-to-X Summit: Morocco, Natural Partner to Build Strong Cooperation Ties of with EU (Diplomat)

Morocco becomes a natural partner to build strong friendship and cooperation ties with the European Union, EU ambassador to the Kingdom, Patricia Pilar Llombart Cussac, said Tuesday. “With its substantial energy resources, its proximity to Europe and its strong friendship and cooperation ties at all levels (…), Morocco becomes a natural partner to build such […]

Africa Emerging Markets International

Rwanda aspiring to become hub for AI, nuclear research in Africa

Rwanda has recently signed two landmark deals that may see the East African country become a hub for research in the field of Artificial Intelligence (AI) and nuclear energy — both of which are part of Rwanda’s ambitious aspirations to become an upper-middle income country by 2035, and a high-income country by 2050. Rwanda has […]

Emerging Markets Energy Headlines International Morocco

World Power-to-X Summit: Green Hydrogen Agreements Signed in Marrakech

Several agreements in the field of green hydrogen were signed on Tuesday in Marrakech, on the sidelines of the ongoing third edition of the “World Power-to-X Summit” (PTX23). The agreements aim to promote innovation and consolidate training around green hydrogen in favor of sustainable development, and to put in place appropriate measures to ensure the […]

Americas Columns Emerging Markets Headlines International Morocco

IMF-WB annual meetings to go ahead as planned in Marrakech on Oct 9-15

The IMF, the World Bank and the Moroccan government confirmed Marrakech will host the annual meetings as planned on October 9-15, in a boon for the earthquake-hit tourism industry in the country. The confirmation came in a joint statement signed by World Bank President Ajay Banga; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; and […]

Emerging Markets Finance Headlines

IMF offers Morocco $1.3 bln loan to face climate risks

The International Monetary Fund will lend Morocco $1.3 bln to help the country fend off climate change risks, Morocco’s news agency reported. “The IMF concluded a staff-level agreement with Morocco to provide $1.3 billion in financing over the long term,” the agency said, citing IMF chief Kristalina Georgieva. Georgieva made the announcement during her participation […]

Business Emerging Markets Europe Headlines International Morocco

Morocco Stands out as ‘Attractive and Viable Destination’ for International Investment (Spanish Think Tank)

Morocco is standing out as an ”attractive and viable destination for international investors” seeking ”solid and sustainable” growth opportunities, stresses the Spanish Institute for Governance and Applied Economics Coordenadas, a prestigious think-tank and research centre. ”The success of investment in Morocco is based on a combination of factors such as sound government policies, progressive economic […]

Emerging Markets Europe Headlines International Morocco

Earthquake: British MP James Duddridge lauds Morocco’s immediate response under leadership of King Mohammed VI

Conservative MP James Duddridge said he has been struck by Morocco’s remarkable ability to respond swiftly and effectively to the devastating earthquake that shook the North African Kingdom. In an Op-Ed published in the Telegraph daily, the former UK minister for Africa said that Morocco has once more shown its resilience in difficult times, and […]