Africa Columns Community Emerging Markets Headlines International Morocco

Morocco’s King Atlantic vision reverberates across Africa

The call by King Mohammed VI to promote regional integration among African countries bordering the Atlantic continues to reverberate across the continent. The most recent backing of this Royal initiative was expressed by participants from some 26 African countries at an international conference on marine life protection and cooperation between Atlantic nations. The conference, dubbed […]

Americas Columns Headlines International Maghreb Morocco

Sahara: Washington thwarts Polisario’s attempts to exploit U.S. Ambassador’s visit to Tindouf Camps

The United States has dealt a hard blow to the Polisario separatist group and the Algerian regime after they tried to exploit the recent visit paid by U.S. ambassador to Algeria Elizabeth Moore Aubin to Tindouf Camps for their proper agenda, making it clear that “there was no bilateral engagement with the Polisario” during this […]

Africa Headlines International Morocco

Gambia Reiterates Support for Moroccan Sovereignty Over Sahara

Gambian Minister of Foreign Affairs, Mamadou Tangara, reiterated, from Rabat Monday, his country’s support for Morocco’s sovereignty over the Sahara. During a press briefing following his talks with Moroccan peer Nasser Bourita, the Gambian Minister reiterated his country’s position “which entertains no ambivalence” on Morocco’s sovereignty over its Sahara. Recalling that his country was among […]

Business Emerging Markets Europe Headlines International Morocco

EBRD supports Moroccan youth-led micro & SMEs unlock their full potential

The European Bank for Reconstruction and Development (EBRD) launched this Monday its “Youth in Business” program in Morocco destined to help young entrepreneurs unlock their full potential as drivers of inclusive market economies. As part of the program, the European bank pledges to provide €100 million in credit lines to six eligible partner financial institutions […]

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2023 MEDays Grand Prize awarded to President of Comoros

The 2023 MEDays Grand Prize was awarded to Azali Assoumani, President of the Union of the Comoros and current Chairman of the African Union. This prize awarding comes in recognition of Assoumani’s leadership during his presidency of the pan-African institution, marked by the African Union’s membership of the G20. It also illustrates the fraternal and […]

Business Emerging Markets Finance Headlines Morocco

Morocco’s CFG Bank seeks Casablanca listing

CFG Bank, one of the smallest banks in Morocco, plans to issue an initial public offering at the Casablanca stock exchange. The decision was made by the bank’s general assembly with the aim to raise 600 million dirhams through a capital increase at the stock exchange. CFG will issue new shares with a par value […]

Americas Business Emerging Markets Headlines International Morocco

Morocco’s OCP welcomes US cut in customs duty on phosphate fertilizers

Morocco’s OCP, the world’s largest phosphates producer, welcomed the US decision to cut the customs duty on phosphates-based fertilizers from 19.97 to 2.12%. The US decision will be applied from November this year to the next revision in the fourth quarter next year. OCP said its revenue stood at 61.03 billion dirhams ($6 billion) by […]

Emerging Markets Europe Headlines International Morocco

Moroccan-German cooperation discussed in Berlin

Ways of promoting cooperation between Morocco and Germany were discussed at a meeting that gathered in Berlin this Sunday Head of Government Aziz Akhannouch and German Chancellor Olaf Scholz. The meeting provided an opportunity to exchange views on several issues of common interest, and to examine possible ways of upgrading economic and commercial partnerships. During […]

Business Emerging Markets Headlines Morocco

Morocco to break new tourist arrival record in 2023

Morocco is poised to attract at least 14 million tourists this year, breaking 2019 arrival record of 13 million, tourist minister Fatima Zahra Ammor said. The earthquake and the war in Gaza has prompted some tourists from emerging markets to cancel their bookings, she told Medias24, but arrivals from the European main tourist emitting markets […]

Africa Emerging Markets Headlines International Morocco

President of Comoros commends Moroccan King’s enlightened vision for a prosperous, autonomous Africa

The President of the Union of the Comoros, Azali Assoumani, commended King Mohammed VI’s enlightened vision for a prosperous and autonomous Africa, enjoying the place it deserves on the international stage. Speaking at the close of the 15th edition of the MEDays Forum, the Comorian Head of State and acting chairman of the African Union […]