Africa Headlines International Maghreb Morocco

UN 4th Committee: Petitioners Defend Morocco’s Sovereignty over Sahara; Warn against Security Threat

Several petitioners who took the floor before the UN 4th Committee have defended Morocco’s historical sovereignty over the Sahara and commended the Morocco-proposed autonomy initiative as a viable solution to the regional dispute. Petitioners from Africa, Europe, Latin America and the USA agreed that the autonomy proposal enjoys wide support at the United Nations and […]

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Morocco Renews its Policy of Non-interference in Algeria’s Internal Affairs

Morocco has renewed on Sunday its policy of non-interference in Algeria’s internal affairs and its decision to abstain from making any comment on the internal developments taking place in this neighboring country. This came in a statement by the Moroccan Foreign Ministry in response to remarks made by Salaheddine Mezouar, president of the General Confederation […]

Headlines Maghreb Morocco

Morocco’s army denies having talks with Polisario separatists

Morocco’s Royal Armed Forces made it clear that they have never undertaken nor will it enter into dialogue with the Polisario front, a military source told the Moroccan news agency MAP. The denial came after several outlets misinterpreted a UN Secretary General report on the Sahara on bilateral working and coordination mechanisms. “Following a misinterpretation […]

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Morocco’s new government, less portfolios for better efficiency

Morocco unveiled a new government few days ago cutting government jobs from 39 to 23 with the aim to ensure coherence and better efficiency after a call by King Mohammed VI in that regards. The King has on multiple speeches urged political parties to renew their elites and open up to the youth and called […]

Africa Finance Headlines International Maghreb Morocco

Morocco’s BCP acquires 100% of capital of Brazzaville-based BCI

Morocco’s BCP bank said on Friday it completed the acquisition of BCI bank in Congo Republic from France’s BPCE after having met all regulatory requirements. Speaking on the sidelines of a ceremony to seal the agreement, BCP CEO Kamal Mokdad said “the acquisition of BCI will help BCP group strengthen its presence in the Economic […]

Finance Headlines Maghreb Morocco

World Bank: Morocco’s Economic Growth to Rise to 3.3 in 2020-2021

Morocco’s economic growth is expected to pick up gradually and average 3.3 over 2020–2021, mainly driven by more dynamic secondary and tertiary activities, bolstered by high foreign investments, according to the World Bank forecast. Significant FDIs continue to flow into Moroccan automotive industries, especially in the new Peugeot plant – that will eventually double the […]

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King urges parliament to devote efforts commensurate with new phase awaiting Morocco

King Mohammed VI stressed the role of the parliament in ensuring the successful implementation of policies in light of the challenges facing Morocco. “This parliamentary year should be placed under the motto of responsibility and hard work, since we are halfway through the current parliamentary term,” said the King at the opening of the fall […]

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Morocco’s King Calls on banking & financial sector to be more involved in development process; facilitate access to loans

King Mohammed VI on Friday urged the Moroccan banking and financial sector to be more involved in the country’s development process, mainly through simplifying and facilitating access to loans, being more open to self-employment projects and financing the creation of small and medium sized enterprises. “Implementing projects and decisions, and ensuring follow-up to them, involves […]

Algeria Headlines Maghreb Morocco

Antonio Guterres remains confident a political solution to Sahara dispute is possible

The United Nations Secretary General said he remains confident that a political solution to the Sahara dispute is possible. “I remain convinced that a solution to the Western Sahara issue is possible,” Antonio Guterres said in his draft report on the Sahara to be debated by the UN Security Council members, who are expected to […]

Headlines Maghreb Morocco

Sahara: UN Chief welcomes Morocco’s cooperation with UN

UN Secretary General Antonio Guterres said in an annual report on Sahara that Morocco stood out by its excellent cooperation with the UN mission in the Sahara, MINURSO, at all levels. The Royal Armed Forces have helped the MINURSO accomplish its ceasefire monitoring mission, said Guterres in his report. Guterres noted that the MINURSO had […]