Emerging Markets Headlines Morocco

Bank Al-Maghrib and HCP partner to strengthen national statistical system

Morocco’s central bank, Bank Al-Maghrib (BAM), and the High Commission for Planning (HCP) signed a strategic partnership agreement on June 17 aimed at enhancing cooperation in statistical production, data exchange, and economic analysis to meet international standards. The convention establishes a framework for producing more relevant, higher-quality data to support informed decision-making and effectively guide […]

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Oracle inaugurates AI & Cloud Computing Center in Casablanca, speeding up Morocco’s digital transition

American Oracle Company, a global leader in computer technology, inaugurated on Tuesday a state-of-the-art Research and Development (R&D) center in Casablanca, Morocco, focusing on artificial intelligence (AI), cloud computing, cybersecurity, and graph processing. The inauguration ceremony, chaired by Moroccan Prime Minister Aziz Akhannouch, was attended by Minister of Digital Transition Ghita Mezzour, Oracle’s Vice Pdt. […]

Europe Headlines International Morocco

Nordic Center for Conflict Transformation launches major counterterrorism report in Rabat

The Nordic Center for Conflict Transformation (NCCT) unveiled groundbreaking research on terrorism and transitional justice at a high-profile event in Rabat on June 17, calling for a fundamental shift from perpetrator-focused to victim-centered justice approaches. The report, titled “Terrorism Affiliated Adults: from Allegation to Accountability,” examines universal jurisdiction for core international crimes and transitional justice […]

Business Emerging Markets Headlines Morocco

Morocco’s Touissit Mining Company banks on copper and gold for recovery

Morocco’s Compagnie Minière de Touissit (CMT) appears to be stabilizing after a turbulent 2024 marked by legal disputes and exceptional financial losses, with analysts projecting a potential recovery driven by new deposits and strategic refocusing on critical metals. BMCE Capital Global Research forecasts encouraging prospects for 2025, with revenues expected to rise 4.1% to 610 […]

Emerging Markets Europe Finance Headlines International Morocco

EBRD & Morocco to discuss future inclusive & green partnership

Vice-President of the European Bank for Reconstruction & Development, Mark Bowman, will visit Morocco this June 18 – 20 to discuss with Moroccan officials the Bank’s support for private-sector financing and transition to green economy. During the visit, Mr. Bowman will meet several government officials, members of the business community and sign agreements on new […]

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U.S. & Morocco agree on new container security initiative, cornerstone of global supply chain security

The United States has sealed a new bilateral Container Security Initiative arrangement with Morocco to facilitate the high volume of cargo transiting between both countries. The agreement was signed Tuesday in Rabat by Donald Conroy, CBP’s Executive Director of the Office of Field Operations International Operations and Abdellatif Amrani, General Director of the Customs and […]

Africa Business Emerging Markets Headlines International Morocco

LafargeHolcim Maroc Afrique opens clinker & cement plant in cameroon, positive driver of South-South cooperation

LafargeHolcim Maroc Afrique (LHMA), through its subsidiary Cimenteries du Cameroun (Cimencam), has inaugurated lately an integrated clinker and cement plant in Figuil, located in Cameroon’s North Region. The inauguration ceremony, chaired by Cameroon’s Prime Minister Joseph Dion Nguté, was marked by the presence of several local government officials and LHMA representatives. An investment of $100 […]

Africa Emerging Markets Headlines International Morocco

Morocco, Ethiopia sign military cooperation agreement; set up joint military commission

Morocco and Ethiopia have signed this Tuesday in Rabat a military cooperation agreement, covering staff training, joint exercises, scientific research, and military health. The agreement was initialed by Morocco’s Minister in charge of the National Defense Administration Abdeltif Loudyi, and Ethiopia’s Defense Minister Aysha Mohammed Mussa, who is on a working visit to the Kingdom. […]

Business Emerging Markets Europe Headlines International Maghreb Morocco

French delegation visits Laayoune to strengthen regional cooperation

A delegation from the regional council of Provence-Alpes-Côte d’Azur paid a working visit to Laayoune on Monday to review the prospects of strengthening cooperation with the Laayoune-Sakia El Hamra region in Southern Morocco. The meeting between the French delegation members and local officials and elects highlighted the strength of Moroccan-French relations and the region’s multisectoral […]

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Wafa Assurance launches $100 mln bid to acquire Egypt’s Delta Insurance

Wafa Assurance, one of Morocco’s leading insurance companies, has launched a public takeover bid (OPA) worth 925 million dirhams or $100 million to acquire a controlling stake in Delta Insurance S.A.E., a prominent Egyptian insurer. The bid, filed with Egypt’s Financial Regulatory Authority (FRA) on June 10, targets at least an acquisition threshold of 51%, […]