Community Europe Finance Headlines International Morocco

Morocco: EBRD lends €12 Mln to Guelmim-Oued Noun Saharan Region for water project

The European Bank for Reconstruction and Development (EBRD) has approved a €12 million loan for Guelmim-Oued Noun Saharan region to enable it improve drinking water supply for households in rural areas. The funding will also help the Guelmim province upgrade four existing Waste Water Treatment Plants (WWTPs). the recycling water is used in community gardening, […]

Africa Headlines International Morocco

Moroccan authorities arrest 25 migrants for attacking law enforcement members

Moroccan authorities arrested 25 Sub-Saharan migrants due to their involvement in a violent attack on security forces trying to prevent them from crossing into the Spanish-occupied enclave of Ceuta. Last week, some 1000 migrants attempted to violently storm the fence of Ceuta and engaged in violent skirmishes with law enforcement members in which they used […]

Columns Community Emerging Markets Headlines Morocco

Morocco’s King calls for promoting knowledge, harnessing science to achieve sound progress, endow societies with inspiring diversity & intellectual pluralism

King Mohammed VI has called on the members of the Academy of the Kingdom of Morocco to promote knowledge and harness science to achieve a sound progress that is likely to safeguard the nation’s identity, protect it from risks and deviations, and endow societies with inspiring diversity and intellectual pluralism. The Sovereign’s call came in […]

Emerging Markets Headlines International Morocco

FIFA tournaments: Morocco’s Football continues to make history

Morocco continues to shine on the global football scene with its U17 team making it to the quarters of the ongoing World Cup 2023 after a win over Iran, while the Atlas Lions beat Tanzania in their 2026 World Cup qualifier played in Dar es Salaam. In Indonesia, the Moroccan Atlas Cubs overcame on Tuesday […]

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 […]

Africa Culture Emerging Markets Headlines International Morocco

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 […]