Business Europe Headlines Morocco

Morocco Sets Pepper Export Record as Citrus Sales Surge in Europe

Morocco’s pepper exports hit nearly 190,000 metric tons during the 2024-2025 season, generating more than $240 million and marking the fifth consecutive record, the foreign exchange regulator said. The volume represents a 3.7% increase over last year and caps an average annual growth rate of 13% over the past five years, the regulator said in […]

Europe Finance Headlines Morocco

Germany Supports Morocco’s Development with €450 Mln Funding

Morocco has secured €450 million funding from German Development Bank (KfW) under three agreements inked Tuesday in Rabat by Minister Delegate in charge of the Budget Fouzi Lekjaa and Director of the German Bank for North Africa Daniela Beckmann. KfW is providing Morocco €100 million to enhance the Kingdom’s resilience to climate change and supporting […]

Africa Headlines

Sudan: Nearly 2,000 Civilians Displaced from Heglig Following RSF Takeover in West Kordofan

Nearly 2,000 civilians were displaced from Sudan’s western city of Heglig in West Kordofan after a nine-day journey following the city’s seizure by the paramilitary Rapid Support Forces (RSF), local media reported on Tuesday, December 16. Qamar El-Din Mohamed, governor of White Nile State, said that 1,850 displaced individuals arrived in the city of Kosti, […]

Africa Finance Headlines

Alliance of Sahel States launches investment bank with $820 million capital

The Alliance of Sahel States (AES), comprising Mali, Burkina Faso and Niger, has created a regional investment bank with an initial capital of 500 billion CFA francs (about $820 million), aimed at financing infrastructure and development projects across the three countries. The institution, named the Confederation Bank for Investment and Development (BCID-AES), is designed to […]

Africa Culture Headlines Morocco

Rabat Confirmed as Seat of African Capitals of Culture Committee

Rabat will host the headquarters of the African Capitals of Culture Committee after African Union ministers unanimously endorsed the move at a meeting in Burundi last week, cementing Morocco’s role as a driver of cultural diplomacy on the continent. The decision, adopted during the fifth session of the AU’s specialized technical committee on youth, culture […]

Business Europe Headlines Morocco

Marsa Maroc Acquires 45 Percent Stake in Spanish Port Operator Boluda

Morocco’s leading port operator Marsa Maroc has acquired 45 percent capital and voting rights in Spain’s Boluda Corporacion Maritima (BMT) for €80 million, establishing strategic presence across the Strait of Gibraltar. BMT operates nine ports spanning the Iberian Peninsula and Canary Islands. This strategic partnership “opens pathways to synergies” between both groups, “pooling complementary expertise […]

Europe Finance Headlines Morocco

EBRD Morocco Contracts Reach Historic $1 Billion Milestone in 2025

The European Bank for Reconstruction and Development (EBRD) celebrated record contract signings with Morocco totaling approximately $1 billion in 2025, marking unprecedented collaboration between the development institution and the North African kingdom. The bank’s First Vice President Greg Guyett, who is on a visit to the Kingdom this week, attributed this positive momentum to close […]

Africa Features Headlines International

Sudan’s Al-Burhan Meets Saudi Crown Prince in Riyadh to Advance Strategic Partnership and Peace Efforts

Sudan’s Sovereign Council head, Abdel Fattah al-Burhan, concluded a one-day visit to Riyadh on Monday, 15 December 2025, holding talks with Saudi Crown Prince, Mohammed bin Salman to strengthen bilateral relations and advance a sustainable strategic partnership. Ambassador Muawia Osman, Undersecretary at Sudan’s Ministry of Foreign Affairs, said the discussions focused on establishing a Strategic […]

Asia Headlines International Morocco

Morocco’s Atlas Lions Cruise to Arab Cup Final with 3-0 Win Over UAE

Morocco’s A’ national football team has qualified for the final of the Arab Cup (Qatar 2025), after it defeated the United Arab Emirates 3-0 in the semi-final match held on Monday at Khalifa International Stadium in Al Rayyan. The goals for the Atlas Lions were scored by Karim El Berkaoui (28’), Aschraf El Mahdioui (83’), […]

Headlines International Maghreb Morocco

Morocco Listed among Countries with Richest Culture & Heritage in World

Morocco, a Muslim country located in western North Africa, with coastlines on the Atlantic Ocean and Mediterranean Sea, has been recognized among countries having the richest culture and heritage in the world. According to U.S. News & World Report, the Kingdom has a unique mix of Arab, Berber, African and European cultural influences. Unlike many […]