Algeria Columns Headlines Maghreb Morocco Opinions

Wise voices in Maghreb deplore Algeria’s role in blocking regional integration

Former leaders and ministers of the Maghreb region spoke out recently to denounce Algeria’s hostility towards Morocco’s territorial integrity and the actions of the Algerian men in uniform against integration of the North African bloc. After Morocco’s resounding victory in Guerguarat, where Polisario armed men blocked an international border passage with Mauritania, former Tunisian President […]

Business Finance Headlines Morocco

WB lends Morocco $250 mln to finance innovative agricultural projects

The World Bank said it has approved a $250 million loan in support of Morocco’s Green Generation plan that aims at doubling agricultural output by 2030. The World Bank said the financing is offered in cooperation with the French Development Agency (AFD) to promote profitable agricultural activities as well as environment friendly practices and sustainable […]

Headlines Tunisia

Tunisia to spend $100m to acquire COVID-19 vaccines

Tunisia has budgeted $100 million, with the help of the World Bank, to acquire covid-19 vaccines, health minister Faouzi Mahdi said Wednesday. The North African country according to Mahdi will acquire the vaccine from several producers including Pfizer with whom it has already struck a delivery deal. The World Bank-backed budget will cover purchases from […]

Africa Europe Headlines International

Tigray conflict: EU sanctions Addis Ababa, suspends €90 million budget aid

The European Union has decided to sanction Addis Ababa over the crisis in the Tigray region by suspending the payment of a €90 million budget aid. The decision is part of the 27 European countries’ call for a cessation of hostilities. Concerned about the deteriorating humanitarian situation caused by the conflict in the Tigray region, […]

Europe Headlines International Maghreb Morocco

Morocco takes part in 16th ministerial meeting of “5+5” defense initiative

Morocco took part in the 16th ministerial meeting of the “5+5” defense initiative held Wednesday via videoconference under the chairmanship of Malta. The meeting was an opportunity to review what has been accomplished this year thanks to the defense cooperation between the ten countries of the two shores of the Mediterranean. These countries are France, […]

Americas Headlines International Morocco

US presidential proclamation recognizing Morocco’s Sovereignty over Sahara officially transmitted to UN

The United States officially transmitted Tuesday, December 15, the presidential proclamation recognizing Morocco’s sovereignty over its Sahara to the UN. The United States officially and solemnly transmitted the presidential proclamation on the recognition of Morocco’s sovereignty over its Saharan regions to all the decision-making bodies of the United Nations. Kelly Craft, US Representative to the […]

Finance Headlines Morocco

Morocco’s Central Bank upset at Fitch rating unprofessional move

The degradation of Morocco’s credit rating by Fitch on the eve of a Moroccan issuance of an international bond is unprofessional and unethical, said central bank governor Abdellatif Jouahri. Fitch has recently downgraded Morocco’s credit rating from investment grade to junk ahead of an international bond worth 3 billion dollars sold by Morocco earlier this […]

Asia Headlines International Tunisia

Tunisia buys three Turkish combat drones

The Tunisian defense ministry has signed up for three Turkish combat drones manufactured by Turkish Aerospace Industries (TAI), for a value of almost $80 million. Russia Today’s Arabic website, which reported the news citing Turkish sources, said in addition to three Anka (Phoenix) combat drones, Turkey will also deliver three ground control systems and train […]

Algeria Americas Asia Columns Headlines International Maghreb Morocco Opinions

Algerian media § diplomacy lose moral compass following Morocco-US deal

The recognition by the US of Morocco’s sovereignty over the Sahara has triggered a hysterical response in Algerian media and diplomacy verging on insolence and insanity. As soon as the US-Morocco-Israel deal was announced, state-owned and pro-military regime media launched their diatribes surfing on the wave of anti-Semitism in a bid to cover their diplomatic […]

Africa Business Headlines International Morocco

Morocco-Africa trade: Average annual increase of 6.1% between 2009 and 2019

Trade between Morocco and the rest of Africa showed an average annual growth of 6.1% over the period 2009-2019, according to “Al Maliya”, the magazine of the Moroccan Ministry of Economy & Finance. The share of this trade in the Kingdom’s overall trade volume stood at 5.1% in 2019, according to data from the Foreign […]