Africa Americas Emerging Markets Headlines International Morocco

AI & sustainable development in Africa, subject matter of meeting in New York

The Group of Friends on Artificial Intelligence for Sustainable Development, co-chaired by Morocco and the United States, organized, in New York, a high-level event on the opportunities offered by artificial intelligence (AI) to support sustainable development in Africa. The event, titled “AI: An exponential opportunity for sustainable development in Africa”, was held Monday at the […]

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Nigeria fines Meta $220 million for breaching data law

Nigerian authorities fined Meta, the mother company of Facebook, whatsApp and Instagram, 220 million dollars for breaching consumer and data protection laws as well as abusing its position as market leader. The fine was announced following a 34-month investigation by Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC). Meta is also accused of sharing Nigerians’ […]

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At Brazil’s G20 summit, IMF aims to get Africa’s unsustainable debt under control

As finance ministers and central bank governors of the G20 convene in Brazil this week (25-26 July), high on the agenda will be the International Monetary Fund’s (IMF) strategy to tackle Africa’s debt challenges, particularly the critical need for sustainable debt management and economic reforms. The IMF heads to Brazil G20 on a mission to […]

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U.S. Ambassador to Algeria: Washington’s Recognition of Moroccanness of Sahara is Irreversible and Historical Fact

The Algerian regime has been smacked with the remarks of U.S. Ambassador to Algeria Elizabeth Moore Aubin who affirmed that the American recognition of Morocco’s full sovereignty over its entire Saharan territory is a “historical fact” and an irreversible decision as evidenced by the Biden Administration which has maintained the U.S. stand announced by former […]

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Libya’s division, bureaucracy hinder investment flow- State Department

Division of state institutions, bureaucracy, and corruption were key obstacles to promoting foreign direct investments in war-torn Libya, despite the country’s colossal need in terms of infrastructure and economic diversification, the US State department said. “Despite the high potential for domestic and foreign investment in Libya due to its reconstruction needs, unmet consumer demand, and […]

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US State Department highlights assets making of Morocco a foreign investments magnet

The US State Department has highlighted the assets that make of Morocco a magnet for foreign investments, such as its positive macro-economic policies, trade liberalization, and structural reforms. “Morocco actively encourages and facilitates foreign investment, particularly in export sectors like manufacturing, through positive macro-economic policies, trade liberalization, investment incentives, and structural reforms,” said the US […]

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From Toulouse to Seattle, RAM enhances its partnerships with Airbus, Boeing

The Royal Air Maroc (RAM) CEO Abdelhamid Addou recently visited Boeing’s facilities in Seattle, USA, following an earlier similar meeting with Airbus in Toulouse, France. These visits, according to the Moroccan website Aeronautique, are part of RAM’s efforts to finalize an order for 188 new aircraft, aligning with Morocco’s tourism strategy for 2023-2026. RAM delegation […]

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King Mohammed VI expresses solidarity, empathy with Donald Trump after assassination attempt

King Mohammed VI expressed solidarity and empathy with former US president Donald Trump who survived an assassination attempt while on a rally in Butler, Pennsylvania. In a message to Trump, the King wishes Trump prompt recovery so that he can “continue to serve your great nation.” On the same occasion, the King strongly condemned political […]

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NATO’s coherence depends on enhanced political dialogue with Southern partners, Moroccan diplomat says

The coherence of the North Atlantic Treaty Organization also depends on the south, wherefrom the need to strengthen and enhance the political dialogue between NATO and its Southern partners, said Morocco’s ambassador to Washington Youssef Amrani. The Moroccan diplomat made the remarks during his participation in a “NATO Public Forum” held on the sidelines of […]

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ECOSOC: Morocco’s commitment to Africa’s food security highlighted in New York

Morocco’s Permanent Mission to the United Nations in New York and the OCP Group jointly organized a high-level event on the food security in Africa, as part of the High-Level Political Forum of the UN Economic and Social Council (ECOSOC) on Sustainable Development taking place July 8-17. The meeting, held under the theme “Sustainable Development […]