Americas Finance Headlines International Morocco

Earthquake: USAID lauds Morocco’s response, acts of generosity & pledges $1 Mln initial humanitarian aid

The U.S. Agency for International Development (USAID) has praised Morocco’s leadership of the humanitarian response to the devastating earthquake that hit the country on Sept.08. The Agency Administrator Samantha Power has voiced her country’s commitment to support the Government of Morocco’s recovery efforts, as the North African Kingdom’s works to provide immediate, life-saving humanitarian assistance […]

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India-Middle East-Europe Economic Corridor: new US-backed trade route to rival China’s Belt and Road

The India-Middle East-Europe Economic Corridor (IMEC), officially launched at the G20 summit in India, is seen by some analysts as a direct challenge to Beijing’s Belt and Road Initiative (BRI), a multi-trillion-dollar infrastructure project launched a decade ago with the aim of connecting China to the rest of the world. The launch of the new […]

Americas Headlines International Morocco

Sahara: Peru suspends ties with self-proclaimed “SADR”, dealing hard blow to Polisario & Algeria

Peru decided on Friday to suspend its diplomatic relations with the self-proclaimed “SADR”, dealing another hard blow to the Algerian-backed Polisario separatist group. “In accordance with international law rules, the government of Peru has decided to suspend its diplomatic relations with the so-called “SADR”, Peru’s foreign ministry said in a statement. “Faithful to the principles […]

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USA reiterates support for Morocco-proposed Autonomy Plan for the Sahara it views as ‘serious, credible, realistic’

US Deputy Assistant Secretary for North Africa, Joshua Harris, reiterated, on Thursday, from Rabat the United States’ support for the Morocco-proposed autonomy plan as a “serious, credible and realistic” solution to the dispute over the Sahara. “The United States continues to view Morocco’s Autonomy Plan as serious, credible and realistic,” the US Embassy in Rabat […]

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Aya Gold & Silver discovers more high-grade silver in Morocco

Canadian company Aya Gold & Silver announced it found high-grade silver at the Zgounder Silver Mine in Morocco. “Today’s high-grade drill results including hole ZG-RC-23-2230-212 near the open-pit area to the East continue to demonstrate continuity of mineralization from surface and at depth over the larger footprint of the deposit,” said Benoit La Salle, President […]

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Morocco’s Abdellatif Jouahri among World’s Best Central Bank Governors

Abdellatif Jouahri, the governor of Bank Al-Maghrib, is among the best Central Bank Governors in the world, according to the latest ranking issued by US magazine Global Finance. Jouahri earned an “A-” granted by the New York-based magazine in its “Central Banker Report Cards 2023,” an annual assessment of Central Bank governors. Bank Al-Maghrib is […]

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Morocco-US military cooperation discussed with Congressmen delegation in Rabat

The strategic military partnership binding Morocco and the USA and the Roadmap for Defense Cooperation signed by the two countries were at the focus of a meeting that gathered Friday in Rabat Abdeltif Loudyi, Minister Delegate in charge of the National Defense Administration, and a visiting delegation of U.S. Congressmen. In compliance with royal instructions, […]

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Niger/ECOWAS: Washington’s tough words for Algerian regime

The U.S. administration has underscored its strong support for the principled stand taken by ECOWAS in defense of democracy and constitutional order in Niger. Washington voiced its firm stand in a telephone conversation U.S. Assistant Secretary for African Affairs Molly Phee had Thursday with Algerian Foreign Minister Attaf as the ruling junta started maneuvering against […]

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Africa’s recovery and future will take center stage at IMF-WB meeting in Marrakech

There will be “a very strong focus on the African continent” during the annual meeting of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco, in October, IMF’s chief said in a recent interview with CNN, adding that the timing is ripe as countries on the continent grapple with sluggish growth, […]

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Climate Technologies: U.S. Dalrada Corp. sets up subsidiary in Morocco

U.S. Dalrada Financial Corporation, a leader in climate technology, clean energy, and precision manufacturing, has announced the setting up of a subsidiary in the Moroccan city of Fez. The new entity will focus on providing installation and ongoing support services for Dalrada’s range of high-efficiency commercial heat pumps to countries within the MENA region Dalrada […]