Asia Emerging Markets Headlines International Morocco

Morocco, Israel agree on stepping up cooperation in health and security

Moroccan-Israeli relations are gaining momentum as evidenced by the growing number of cooperation deals sealed by the two countries in various sectors, including tourism, defense, industry, scientific research, agriculture, water, IT, healthcare, and security. On Friday, the two countries agreed to strengthen their cooperation ties in the health sector under an agreement inked in Rabat […]

Emerging Markets Europe Headlines International Morocco

World Cup2030: Morocco’s King appoints Fouzi Lekjaa head of committee tasked with Kingdom’s candidacy

King Mohammed VI has appointed Fouzi Lekjaa, minister delegate in charge of the Budget and president of the Royal Moroccan Football Federation (FRMF), chairman of the Committee in charge of the Kingdom’s candidacy for hosting the 2030 FIFA World Cup within the frame of a joint Morocco-Spain-Portugal bid. The announcement was made by the Royal […]

Americas Emerging Markets Energy Headlines International Morocco

Taqa Morocco plans 1 GW of green energy by 2030

Taqa Morocco SA, a leading energy company in Morocco, said on Wednesday it plans to develop 1 gigawatt (GW) of wind and solar projects by 2030 to support the country’s energy transition goals. The company’s CEO Abdelmajid Iraqui Houssaini told Bloomberg that Taqa Morocco SA is also looking into investing in desalination projects to tackle […]

Africa Business Features Finance International

West African Development Bank to invest around $50m in road infrastructures in Niger

The West African Development Bank – BOAD- will invest around $50 million in road infrastructures in Niger, the President of the Togo-based financial institution, Serge Ekue, announced Thursday. “We have just been received by the President of the Republic and, as usual, we made an important point in the context of our activities”, Serge Ekue […]

Business Egypt Emerging Markets

Egypt inaugurates Tahya Misr multipurpose maritime Terminal in Alexandria

Egypt’s President Abdelfattah al-Sisi inaugurated Thursday the Tahya Misr multipurpose maritime Terminal in Alexandria as part of plans to develop local ports, local media “Ahram Online” reports. The Tahya Misr multipurpose maritime Terminal will play a vital role in transforming the Port of Alexandria into a regional and global hub for trade and logistics, the […]

Business Emerging Markets Europe Headlines International Morocco Technology

Optical Fiber Engineering: Morocco-Germany project to create nearly 1,000 jobs

Morocco and Germany have agreed on a pilot project expected to create 9,500 jobs in optic fiber engineering, which is becoming very important in today’s modern telecommunication. The project was discussed during a meeting held Thursday in Geneva between Moroccan minister of Employment and Skills Younes Sekkouri and German Minister of Labor Hubertus Heil on […]

Asia Business Emerging Markets Headlines International Morocco

Aquaculture: Japan supports Morocco’s fish farming projects

Morocco looks forward to expanding and diversifying its aquaculture activities in coastal villages with a view to give a new momentum to its “blue economy.” To achieve this goal, the North African Kingdom wants to benefit from Japan’s advanced experience in aquafarming and scientific research in this industry. The two countries have agreed on a […]

Africa Americas Business Emerging Markets Headlines International Morocco

Morocco, Key gateway for world trade – Bloomberg Official

Morocco is a key gateway for world trade, said Erik Schatzker, Editorial Director of “Bloomberg New Economy”, which organized the prestigious eponymous conference on June 13 and 14 in Marrakech. Morocco is a major gateway for global trade and a leader in climate action, Schatzker told MAP at the closing ceremony of “Gateway Africa” which […]

Africa Business Europe Finance International

Congo slams Societe Generale’s sale of its local branch to Vista Group

Authorities of Congo Brazzaville have rejected Societe Generale’s sale of its country subsidiary to Vista Group because the bank did not give it a right of first refusal, and wields legal action, Reuters reports. The Finance ministry of the central African country in a statement indicated that it was surprised by the announcement by SocGen […]

Africa Americas Finance International

US-Africa Leaders Summit: evaluating progress made six months on

US special presidential representative has reassured that the global superpower remained committed to maintaining strong trade ties with the African continent, something the Biden administration believed faltered with Trump’s presidency. The special presidential representative for the United States-Africa Leaders Summit, Johnnie Carson, made these comments Tuesday (13 June) as a way to reassure America’s African […]