Africa Europe Finance Headlines Morocco

EBRD Provides $20 Mln Trade Finance Line to Bank of Africa-Benin

The European Bank for Reconstruction and Development has provided Bank of Africa-Benin (BOA-BENIN) $20 million trade finance line to boost import-export operations and support the development of Benin’s private sector. The facility will enable the EBRD to issue guarantees to international banks and provide short-term financing to support imports, exports and the local distribution of […]

Africa Business Columns Headlines Morocco

Morocco Claims Africa’s Top Industrial Crown While Eyeing Full Economic Sovereignty

Morocco has secured the top ranking for industrial performance in Africa in 2026, surpassing South Africa and Egypt, according to analysis published by L’Economiste. Industry Minister Ryad Mezzour noted that manufactured goods now account for 87 percent of the total value of national exports, consolidating the kingdom’s status as an industrialized state — even as […]

Headlines Mauritania

Mauritanian coast guard rescues 77 Guinean migrants off Nouadhibou in illegal migration attempt

On 11 June 2026, authorities in Mauritania intercepted and rescued 77 undocumented migrants off the coast of Nouadhibou after a vessel departing from Guinea was detected in national waters. According to the Ministry of Fisheries and Maritime Economy, the Mauritanian coast guard took control of a traditional fishing boat carrying the migrants at 10:54 GMT. […]

Business Europe Headlines Morocco

Morocco & Council of Europe Strengthen Cooperation with New Neighborhood Partnership Roadmap

The Council of Europe and Morocco have launched the “New Neighborhood Partnership” for the 2026-2029 period during a ceremony held lately in Rabat. The event brought together high-level representatives from the North African Kingdom, the Council of Europe, national partner institutions and international partners. This new framework for cooperation builds on the partnership established between […]

Americas Headlines Morocco

US official praises Morocco’s role in World Cup security preparations

Morocco’s experience in managing major sporting events is providing valuable lessons for the United States as it hosts the 2026 World Cup, a senior US official said, while also expressing confidence in the kingdom’s readiness for the 2030 tournament. During remarks at the Atlantic Council in Washington, Andrew Giuliani, executive director of the White House […]

Algeria Headlines International

FIFA’s Infantino calls for release of French jailed journalist, puts Algeria under scrutiny at World Cup

As the 2026 World Cup kicked off under the gaze of a global audience, Algeria found itself thrust into an unwelcome spotlight after FIFA President Gianni Infantino publicly called for the release of jailed French journalist Christophe Gleizes, turning a sporting stage into a sharp indictment of the country’s human rights record. Speaking in Mexico […]

Headlines Morocco

Crown Prince Moulay El Hassan Chairs Graduation Ceremony of 26th Class of Higher Defense Course and 60th Class of General Staff Course

Upon the high instructions of King Mohammed VI, Supreme Commander and Chief of General Staff of the Royal Armed Forces (FAR), Crown Prince Moulay El Hassan Chaired this Thursday in Kenitra the Graduation Ceremony of the 26th Class of Higher Defense Course, and the 60th Class of General Staff Course During the ceremony at the […]

Columns Finance Headlines International Morocco

Morocco highlights remittances’ role in rural resilience

Morocco underscored the growing economic importance of migrant remittances, with policymakers and development partners calling for stronger financial inclusion and greater use of the funds for investment and job creation. Transfers from Moroccans abroad reached about 122 billion dirhams ($13 billion) in 2025, equivalent to roughly 8% of GDP in recent years, official data show, […]

Finance Headlines International Morocco

Moroccan think tank says economy could lose 1.6% of GDP due to oil shock

A 20% rise in global oil prices could shave 1.6% off Morocco’s GDP and put more than 5% of its workforce at risk, highlighting the country’s exposure to energy shocks linked to tensions around the Strait of Hormuz, according to a report by the Policy Center for the New South (PCNS). The Moroccan think tank […]

Business Headlines International Morocco

OCP Turns the Global Sulphur Crisis Into a Strategic Advantage, Ramping Back to Full Capacity

Morocco’s OCP Group has decided to restore its fertilizer production to 100 percent of capacity by the end of June 2026, reversing a managed reduction of around 30 percent that the group implemented in response to a severe global sulphur supply crisis. The decision, confirmed to Médias24 in an exclusive interview with three senior OCP […]