Blogs Emerging Markets Headlines Morocco

Morocco’s King calls for clear, consensus-based roadmap to implement next phase of advanced regionalization

King Mohammed VI called for speeding up the advanced regionalization process so that it can act as a lever for economic and social development and help address development challenges, unequal growth and regional disparities. In a message to participants at the 2nd National Conference on Advanced Regionalization held in Tangier December 20-21 , the King […]

Emerging Markets Finance Headlines Morocco

Morocco to regulate crypto without stifling innovation, says Central Bank Governor

Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri, said earlier this week that the legal framework governing crypto-assets in Morocco, currently undergoing adoption process, aims to regulate this ecosystem while preserving the financial innovation that can emerge from it. “We wanted to regulate the use of crypto-assets, without stifling the innovation that can […]

Business Emerging Markets Headlines Morocco

Central bank sees automotive sector exports at $20 bln by 2026

Morocco’s central bank gave a promising outlook for Morocco’s current account balance putting emphasis on the growing exports of the automotive sector, seen at a record 20 billion dollars by 2026. Likewise, the bank expects Morocco’s phosphates and derivatives exports would settle at 10 billion dollars, while remittances from Moroccans abroad and tourism receipts would […]

Africa Europe Headlines International Morocco

Four French nationals detained in Ouagadougou released thanks to Moroccan King’s mediation

Thanks to a successful mediation by King Mohammed VI, four French officials accused of espionage and detained since December 1, 2023, in Burkina Faso have been freed. French President Emmanuel Macron “spoke over the phone on Wednesday, December 18, with King Mohammed VI to warmly thank him” for the success of his mediation, said the […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco’s ONEE, Germany’s KfW seal €50 Mln loan deal to finance drinking water supply program

The German Agency for International Cooperation (GIZ), through KfW, will grant Morocco’s National Office of Electricity and Drinking Water (ONEE) a €50 million loan destined to finance a climate-resilient drinking water supply program. The program is aimed at securing and reinforcing drinking water supply in several towns, including Ghafsai, El Hajeb, Ain Legdah, Bouderbala, Souk […]

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Future Congress underscores importance of strategic partnership between Africa, Latin America – Final Declaration

The Future Congress, which wrapped up on Wednesday in Rabat, underscored the importance of the strategic partnership between Africa and Latin America for progress and development as part of South-South cooperation. In the final declaration issued at the end of the conclave, hosted by the Moroccan Parliament on December 17-18, in collaboration with the “Future […]

Business Emerging Markets Europe Headlines International Morocco Technology

Sweden’s Trelleborg launches construction works of new aerospace plant in Morocco

Sweden’s Trelleborg, specialized in sealing systems in the aerospace sector, has launched in Nouaceur (outskirts of Casablanca), the construction works of its new industrial plant. The €10.2 million project will eventually create 150 to 200 jobs and boost the capacity of the local aerospace value chain, in line with the Kingdom’s strategy to improve the […]

Asia Emerging Markets Headlines International Morocco

China grants Moroccan scientist Rachid Yazami lithium batteries patent

Moroccan scientist Rachid Yazami has recently been granted a new patent in China for his method of rapidly charging lithium batteries, particularly for electric vehicles. “Proud to share that after Japan last February, it’s now China’s turn to grant us a patent for the fast battery charging method, particularly for future electric cars,” Yazami posted […]

Americas Emerging Markets Headlines International Maghreb Morocco

Chile supports political solution to Sahara within framework of Morocco-proposed Autonomy Initiative

Chile reiterated, through the voice of its Foreign Minister Alberto Van Klaveren Stork, “constant support for the process led by the United Nations towards a just, pragmatic, lasting, realistic, viable, definitive and mutually acceptable solution to the question of Western Sahara, within the framework of the initiative presented by Morocco to the United Nations in […]