Emerging Markets Headlines Morocco

IMF: Arab Region Needs Inclusive Growth

The Arab region needs now more than ever an inclusive growth, which is a shared responsibility between governments, the private sector and society at large, including its youth and its women, said Tuesday in Marrakech Chief of the International Monetary Fund, Christine Lagarde. Addressing regional conference, “Opportunity for All: Promoting Growth, Jobs, and Inclusiveness in […]

Finance Headlines Morocco

Currency Reform, Morocco’s Path to Become North Africa’s Financial Hub

Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]

Africa Headlines International Libya

More than 13,000 African Migrants Repatriated from Libya Since December, AU says

Nearly two months after reports emerged showing African migrants sold out as slaves in Libya, the African Union launched a repatriation operation that saw 13,000 migrants return to their homelands since last December. Speaking to the press, Chairperson of the African Union Commission, Mahamat Faki, noted that the number is still below the goal set […]

Headlines Tunisia

Tunisia dismantles 346 Terrorist cells in 2017

Tunisia dismantled 346 terrorist cells in 2017, involved in training, plotting attacks and recruiting foreign fighters, Interior Minister Lotfi Brahem said. “Over 180 terrorist cells, 40 recruitment networks and 6 armed terrorist groups as well as 120 cells involved in training terrorists were dismantled in 2017,” the minister said before a parliamentary commission. More than […]

Africa Editorials Headlines International Morocco Opinions

AU Breaks Away with Algerian Rhetoric on Sahara

Since its triumphal return to the African Union, Morocco continues to score precious diplomatic points on the Sahara issue at the continental level. The speech given by the Chairperson of the African Union’s Commission, Faki Mahamat at the opening of the 30th Summit of the pan-African organization is indicative of a U-turn in how the […]

Africa Headlines International Mauritania

King Mohammed VI Submits African Agenda on Migration to AU

King Mohammed VI, who was appointed by the African Union leader on the issue of migration, submitted to the pan-African organization the “African Agenda on Migration,” a non-binding document permeated by a co-development approach and containing ideas, proposals and thoughts shared by official institutions, civil society organizations and researchers from Africa to address migration challenges. […]

Egypt Headlines

The One-man Show of Egyptian Presidency

After arresting top opposition candidates and sidelining potential contenders in the Presidential elections, the Egyptian regime managed to find at the last minute a challenger to President Abdel Fatah Sisi. The Egyptian politician Mousa Mostafa Mousa has said he will stand in the presidential elections, hours before a nomination deadline was set to make President […]

Africa Headlines International Morocco

President Condé Pays Tribute to Morocco before Handing over AU Presidency to Rwanda’s President

Longstanding friend and ally of Morocco in Africa, President Alpha Conde of Guinea, paid tribute to Morocco on the sidelines of the 30th African Union’s Summit held in Addis Ababa January 28-29. “We are all aware of the role that late king Mohammed V played (in favor of Africa)” and the support that the late […]

Egypt Headlines

Opposition Figures in Egypt Call for Election Boycott

Opposition outstanding figures in Egypt on Sunday called for a boycott of the country’s upcoming presidential election scheduled in March, citing a wave of repression that has cleared the ground from challengers to incumbent President Abdel Fattah al-Sisi. The opposition figures, including former presidential candidates Abdel Moneim Aboul Fotouh and Mohammed Anwar Sadat issued a […]

Asia Business Headlines International Morocco

UAE Company Mubadala Aerospace Mulls Investing in Morocco

The Abu Dhabi-based Mubadala Aerospace is considering opening a new manufacturing plant in Morocco to be closer to its customer Airbus, said the company’s chief Badr Al Olama. The North African Kingdom enjoys “a proximity to Europe. Being closer to the customers will be important for Strata”, a unit of Mubadala Aerospace, he added in […]