Emerging Markets Europe Finance Headlines International Morocco

EIB supports Morocco’s forest strategy with €100 million

The European Investment Bank will support Morocco’s Forest Strategy 2020-2030 with €100 million under a financing agreement signed in Rabat on Thursday Dec. 28. The agreement, which falls in the frame of cooperation between Morocco and the EIB and which spans the period from 2024 to 2028, focuses on climate change adaptation, biodiversity promotion, and […]

Africa Europe International

Chad: Home security ministry bans demonstration in front of French military base

Mahamat Charfadine Margui, Chad’s Minister of Public Security, banned Wednesday a demonstration planned this Thursday December 28 by a political party in front of the French military base in the country. The sit-in, called for by Le Front Populaire pour la Fédération [Popular Front for the Federation], is illegal because it does not abide by […]

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Kenya moves closer to seal EPA deal with EU, while also seeking $1bn loan from China

As Kenya is moving closer to sealing an Economic Partnership Agreement (EPA) with the European Union, the East African economic powerhouse has also announced the possibility of a $1bn loan from China that could be used to help pay off a $2bn Eurobond repayment that is due in June next year. Kenya’s economic partnership deal […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco, Germany’s KfW ink financing deals

Morocco and the German Development Bank (KfW) on Wednesday formalized three loan agreements totaling 250 million euros and two grant agreements amounting to 7 million euros. The agreements are earmarked for financing three pivotal projects focused on social protection, sustainable mobility, and irrigation. These agreements were signed in Rabat by Fouzi Lekjaa, Minister in charge […]

Business Emerging Markets Europe Headlines International Morocco

Morocco stands as best industrial alternative to Asia amid Red sea crisis

The hijacking of commercial ships and drone attacks by the Iran-backed Houthi rebels have disrupted supply chains leading many in Europe to think of Morocco as an industrial hub and an alternative to Asia. Weeks-long attacks on commercial vessels led global shipping firms- including Denmarks’s Maersk and Taiwan’s Evergreen- to avoid the Red Sea and […]

Business Columns Emerging Markets Europe Headlines International Morocco

UK explores major trade & security post-Brexit agreements, focuses on opportunities with Africa, Morocco

The United Kingdom is actively pursuing comprehensive trade and security post-Brexit agreements, the main aim being to unlock the significant opportunities abounding across the African continent, and particularly in Morocco, the gateway to Africa. Actually, since leaving the European Union, the UK has been eyeing the Moroccan market, considering it one of the promising markets […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco: EU approves €177 Mln assistance for post-earthquake reconstruction

The European Commission has approved a €177 million assistance for Morocco within the frame of the Integrated Program for the reconstruction and comprehensive upgrade of the disaster areas (2024-2028), which was drawn up by Moroccan authorities following the earthquake that struck Al Haouz on 8 Sept. 2023. Furthermore, in a joint effort between the EU […]

Africa Europe International

Niger severs ties with La Francophonie, denounces it as ‘tool to defend French interests’

The Nigerien military government has announced the suspension of all cooperation with the International Organization of Francophone nations (OIF), citing France’s utilization of the OIF to defend French interest. Niger has cut ties with the OIF, Nigerien military leaders said, as the West African country has disengaged from multiple foreign partners since the military seized […]

Community Europe Headlines International Morocco

Morocco arrests foreigner wanted in Germany for drug trafficking

Morocco’s police arrested, on Sunday at Tangier Ibn Batouta Airport, a foreign national, subject of an international arrest warrant issued by German judicial authorities, for alleged international drug trafficking.   The suspect, aged 27, was arrested immediately after arriving onboard a flight from Istanbul airport in Turkey, a security source said. The suspect was the […]

Africa Columns Europe Headlines International Morocco

Morocco: An Unwavering Pillar in the Global Fight Against Terrorism

The Kingdom of Morocco has successfully thwarted terrorism through its efficient intelligence services, capable of locating any terrorist leader and liberating multiple hostages, as stated by Mehdi El Karouani, a university professor specializing in geopolitical analysis. In a global context marked by often asymmetrical armed conflicts, Morocco stands out as the sole actor, both on […]