Asia Energy Headlines International Morocco

Natural Gas Exploration: Israeli energy company seals offshore deal with Morocco

Israeli NewMed Energy firm announced on Tuesday it has signed a deal with Morocco’s hydrocarbon authority and Adarco Energy for offshore natural gas exploration and production in the north African kingdom. Under the terms of the agreements, NewMed and Adarco will each hold a 37.5 pc stake in the Boujdour Atlantique exploration license, located off […]

Energy Headlines International Morocco

Morocco, Australia discuss cooperation in renewables & counterterrorism

Cooperation prospects between Morocco and Australia in renewable energy, green hydrogen and counterterrorism were at the center of talks held in Rabat by Australia’s assistant foreign Affairs minister Jim Watt with Moroccan government officials. On Tuesday, he was received by foreign minister Nasser Bourita. They discussed bilateral relations, common challenges and latest developments on the […]

Headlines Maghreb Morocco

King Mohammed VI congratulates Moroccan team for historic qualification to World Cup Quarterfinals; receives congratulations from Arab leaders

King Mohammed VI has congratulated the members of the Moroccan national team for their historic qualification to the quarterfinals of the 2022 FIFA World Cup in Qatar. Immediately after the end of the match which opposed, on Tuesday, the Morocco soccer team to its Spanish counterpart, the sovereign spoke on the phone with the President […]

Headlines Morocco

Morocco knock out Spain on penalties in an historic match, cruises to World Cup Quaterfinals

Morocco have qualified for the quarterfinals of the Qatar-2022 World Cup, beating Spain in a penalty shootout 3-0 on Tuesday at the Education City stadium in Doha. The two teams were unable to separate after regulation time and extra time (0-0). Morocco, on a scoring streak, progressed to the round of 16 after an amazing […]

Africa Community Emerging Markets Headlines International Morocco

Climate Commissions of Congo Basin & Sahel: 24 African countries meet in Casablanca

Twenty-four African countries, member of the Congo Basin and Sahel Climate Commissions are gathered in Casablanca for an exchange and capacity building session, held at the initiative of the Climate Change Competence Center (4C Morocco), in partnership with the United Nations Development Program (UNDP). The session, to run till dec.9, features two workshops focusing on […]

Africa Energy Headlines International Morocco

Nigeria-Morocco Pipeline: ONHYM, NNPC sign MoUs with five African countries concerned by the Project

Five tripartite Memoranda of Understanding (MoUs) were signed on Monday in Rabat, within the framework of the Nigeria-Morocco Gas Pipeline project. These MoUs were signed respectively and successively by Morocco and Nigeria, on the one hand, and by Gambia, Guinea Bissau, Guinea, Sierra Leone and Ghana, on the other. The Moroccan National Office of Hydrocarbons […]

Business Columns Europe Headlines International Morocco Opinions

London Administrative Court rejects petition against Morocco-UK Association Agreement

The administrative court of London rejected, on Monday, the petition of a British NGO (WSC), working on behalf of the “polisario”, which challenged the association agreement between Morocco and Great Britain. With this verdict, the British justice confirms the validity of the partnership agreement between Morocco and the United Kingdom, which fully benefits the populations […]

Business Columns Energy Headlines Morocco

OCP sets green transition example for Moroccan industry

Moroccan phosphates and fertilizers producer is setting the example for other industry giants in Morocco by adopting an ambitious roadmap to reach carbon neutrality by 2040 starting with a shift to fully rely on renewable energy in fertilizers production by 2027. The new plan is part of Morocco’s efforts, spurred by the leadership of King […]

Africa Finance Headlines International Morocco

Morocco backs replenishment of AfDB’s concessional financing fund

Morocco will make a contribution to replenish the African Development Fund, a concessional funding window of the African Development Bank. “The decision reaffirms Morocco’s willingness and commitment to help African states in line with the King’s enlightened vision to foster African solidarity and prosperity,” Finance Minister Nadia Fettah Alaoui said in a speech read on […]

Community Finance Headlines Morocco

Remittances from Moroccans abroad to hit record level in 2022

Remittances from Moroccans abroad are expected to hit 11 billion dollars, a record level compared to 9.3 billion last year, the World Bank said in a recent report. Remittances are key to feeding Morocco’s foreign exchange reserves, which cover around 6 months of import needs, according to the central bank. Morocco, whose diaspora is mainly […]