Business Emerging Markets Europe Headlines International Morocco

UK reaffirms commitment to strengthening strategic partnership with Morocco

The British government reaffirmed on Thursday its commitment to deepening the strategic partnership it shares with Morocco, describing the Kingdom as “an increasingly vital trade and investment partner for the United Kingdom.” “The United Kingdom is committed to further strengthening this partnership and considers Morocco an increasingly essential trade and investment partner,” said Michael Shanks, […]

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Morocco officially joins EV battery supply chain

Morocco has officially entered the global electric vehicle (EV) battery supply chain with the inauguration of COBCO’s lithium-ion battery material plant in Jorf Lasfar, south of Casablanca. The launch, held on June 25, marks a major milestone in the country’s industrial strategy to become a regional hub for clean mobility technologies. The COBCO plant, a […]

Emerging Markets Headlines Libya

Libya’s Audit Bureau, UN Oversight Delegation Discuss Enhancing Mission Efficiency and Resource Management

Khalid Shakshak, Head of Libya’s Audit Bureau, held high-level talks with a delegation from the United Nations Office of Internal Oversight Services (OIOS) to assess the performance of UN missions and programs in Libya. The meeting underscored the need for improved coordination between the Audit Bureau and the United Nations Support Mission in Libya (UNSMIL), […]

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Morocco’s top Audit Institution takes part in SAI20 Summit in Johannesburg

Morocco’s Court of Accounts took part in the Supreme Audit Institutions (SAI20) Summit, held on June 24-25 in Johannesburg, with a delegation led by its First President Mrs. Zineb El Adaoui. For the third consecutive year, Morocco’s top audit body took part in the Summit of the G20 member countries, a key platform for dialogue […]

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Maroc Telecom, Inwi launch joint ventures to expand fiber and tower infrastructure

Maroc Telecom and Inwi have finalized the creation of two joint ventures, Uni Fiber and Uni Tower, aimed at accelerating the rollout of fiber-optic and mobile tower infrastructure across Morocco, the companies said on Wednesday. The ventures, approved by Morocco’s telecom regulator ANRT on June 18, will receive a combined investment of 4.4 billion dirhams […]

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Morocco’s Akwa Group invests in oil storage project in Senegal

Moroccan Akwa private group, a major player in energy and petroleum distribution, has launched a strategic oil storage project in Bargny-Sendou, approximately 30 km from Dakar, Senegal. According to weekly news magazine “Jeune Afrique”, this project, which includes natural gas processing, could reshape energy distribution in West Africa. It will also enhance Senegal’s energy infrastructure […]

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EU Commissioner: Morocco, Key & Reliable EU Partner

European Commissioner for the Mediterranean Dubravka Šuica has described again Morocco as “a key and reliable partner of the European Union.” “We share a unique relationship and a common goal to deepen our Partnership”, said Wednesday the European Commissioner in her X account following telephone conversation with Moroccan FM Nasser Bourita. She said they talked […]

Business Emerging Markets Europe Headlines International Morocco

Automotive: German Benteler starts building plant in Morocco, a competitive industrial hub

The German Benteler group has launched construction works of its new automotive plant in Kenitra Atlantic Free zone. The new manufacturing facility will be built over 50,000 square meter site having direct access to the freeway and good connections to the port of Tangier in northern Morocco. It is expected to be operational in 2026. […]

Business Emerging Markets Headlines Morocco

Morocco: Tourism Earnings Reach $3.7 Bln in Five Months

Morocco’s inbound tourism revenues reached $3.7 billion during the first five months of this year, representing an 8 pc increase compared to the same period of last year. According to latest data released by the ministry of tourism, the number of overnight stays during the same period reached 11.8 million (+13%), while the number of […]

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Morocco, Mauritania seal industrial cooperation deal in metallurgy & mechanical engineering

Morocco and Mauritania signed an agreement to deepen industrial cooperation in the metallurgy, mechanical, and electromechanical sectors. The deal was signed in Nouakchott on Wednesday by Abdelhamid Souiri, President of the Moroccan Federation of Metallurgical, Mechanical and Electromechanical Industries (FIMME), and Nagi Ichidou, President of the Mauritanian Federation of Industry, Mines and Energy (FIME). It […]