Columns Emerging Markets Headlines International Morocco

Why the IMF and WB should maintain annual meetings in Marrakech

Maintaining the IMF-World Bank annual meetings in Marrakech would give a much-needed push of support to Morocco’s earthquake-affected tourism sector, tourist operators say. Morocco’s central bank governor Abdellatif Jouahri said at a preparatory conference in Rabat that the annual meetings are still planned for October 9-15. But the two financial institutions are yet to confirm, […]

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Morocco’s patches up earthquake wounds, braces for reconstruction

Moroccan authorities and army are racing the clock to offer decent temporary shelters to the earthquake-hit population in the Atlas mountains, defying the difficult terrain and vast affected area. The 7 magnitude tremor hit a week ago killing around 3000 people and destroying many traditionally-built villages in the provinces of Al Haouz, Taroudant, Chichaoua and […]

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Former NATO General commends Morocco’s King regional & international leadership

King Mohammed VI has mediated conflicts across the Sahel, helped to negotiate over a hundred cooperation agreements and deployed more than 70,000 UN peacekeepers, said NATO’s former Deputy Supreme Allied Commander Europe Richard Shirreff. In an Op-Ed published lately in the Financial Times, the British General said the Western security depends on Morocco’s resilience and […]

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Earthquake: Spanish rescue workers, Doctors Without Borders hail professionalism, great logistical effort deployed by Morocco

Spanish rescue workers and members of the international humanitarian organization “Doctors Without Borders” who took part in relief operations following the earthquake that shook several regions in central Morocco on September 8 have commended the professionalism, great logistical effort, and the swift and efficient response of Moroccan authorities on the ground to help the affected […]

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2030 World Cup: Tripartite Spain-Morocco-Portugal bid committee holds 1st working meeting

The tripartite Spain-Morocco-Portugal bid commission for the organization of the 2030 World Cup held its first meeting in Las Rosas, Spain, the Royal Moroccan Football Federation (FRMF) reported on Sunday. The meeting was chaired by Pedro Rosha, Chairman of the Board of Directors of the Spanish Football Federation, Fouzi Lekjaa, the FRMF President, and Fernando […]

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Morocco, Germany sign agreements on promoting digital transformation

The Moroccan Ministry of Digital Transition and the German Agency for International Cooperation (GIZ) have signed two partnership agreements, aimed at promoting the digital transformation of the administration and the digital inclusion of very small, small and medium-sized enterprises (SMEs) in Morocco. The two agreements, worth €8 million, were inked in Rabat by Minister of […]

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EAC trade hampered by NTBs, lack of credit and dollar scarcity — EABC report

Difficulties in securing foreign currencies and lack of affordable credit in the wake of rising interest rates are major challenges facing traders in the East African Community, according to a new report on the Ease of Doing Business in the EAC 2023, that also highlights traders still facing challenges at borders and markets despite harmonized […]

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Financial Times zooms on Morocco’s role in regional security

Earthquake-hit Morocco has been playing a central role in ensuring security and stability in Europe’s southern borders and its autonomy plan for the Sahara requires serious western attention, wrote the Financial Times. As Moroccan authorities and army maintain steady efforts to rescue and shelter population in earthquake-hit villages in the Atlas Mountains, Richard Shirreff of […]

Emerging Markets Headlines International Morocco

Morocco’s efficient response under the spotlight of international media

Professional and credible international media on the ground in the earthquake affected areas in Morocco are witnessing the colossal efforts undertaken by authorities to rescue and shelter the people who lost their relatives and homes. “Overall the Moroccan government’s response has been reasonably effective,” wrote Peter Beaumont, a Guardian journalist specilized in covering disasters. While […]

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Morocco’s earthquake orphaned children become adoptees of the nation

As rescue and relief efforts continue unabated in the earthquake-hit areas, King Mohammed VI ordered that children who lost their parents to be given status of adoptees of the nation, in a gesture of national solidarity. The earthquake that struck a week ago was the deadliest since 1960 killing nearly 3000 people, destroying villages in […]