Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD to fund OCP’s desalination plan with 200 mln euros

The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]

Algeria Americas Columns Headlines International Maghreb Morocco

Marco Rubio, U.S. next top diplomat, an advocate of sanctions against Algerian regime

The authoritarian Algerian regime is in a state of panic and anxiety since announcement by U.S. President-elect Donald Trump of the nomination of Republican senator Marco Rubio to lead the State department. While announcing the appointment, Trump said Rubio, 53, would be “a strong advocate for our nation, a true friend to our allies and […]

Europe Headlines International Morocco

Moroccan team, equipment dispatched to Spain to assist with relief efforts in flood-hit Valencia region

On High Royal Instructions, Morocco demonstrates its active solidarity with the Spanish people by mobilizing extensive logistical resources to support relief efforts in the areas affected by the recent flooding in the Valencia region, Morocco’s ambassador to Spain, Karima Benyaich, said. Following the floods that devastated several regions in Spain, King Mohammed VI had instructed […]

Africa Emerging Markets Headlines International

Senegal: Economic pressures shadow high-stakes legislative elections

Senegal prepares for crucial legislative elections that will determine the new government’s ability to implement promised reforms amid mounting economic challenges. The vote follows a period of significant political tension, with over 7 million registered voters choosing representatives for the 165-seat assembly from 41 political entities. Prime Minister Ousmane Sonko’s recent statements regarding supporters’ safety […]

Africa Features Headlines International

Russia in Africa: Kremlin’s disinformation operations target the continent

Across Africa and particularly the Sahel region, Russia-backed disinformation operations, a key part of the hybrid warfare, seek to “prop up repressive regimes and harm civilians”, reveals a new analysis published in the latest edition of the Africa Defense Forum (ADF) magazine. Russia is linked to 40% of all disinformation campaigns across the African continent, […]

Business Emerging Markets Energy Headlines International Morocco

Morocco poised to become competitive EV battery export hub- UK report

Morocco’s booming EV battery industry positions the country to become an export hub to the EU and the US by 2030, said a report commissioned by the UK government under its Manufacturing Africa program. Morocco “could competitively produce and export LFP batteries to Europe by 2030 at USD 68-72/kWh. This could generate USD 10-15 billion […]

Africa International Libya

Libya, Chad sign MoU to regulate workforce mobility

Libya and Chad have formalized this week a Memorandum of understanding to regulate the movement and employment of Chadian workers in Libya. The MoU represents a key step in improving labor relations and legal frameworks for workforce movement between the two countries. According to the media office of Libya’s Ministry of Labor, the MoU is […]

Asia Headlines International Morocco

Morocco’s Top Police Chief Participates in Naif Arab University for Security Sciences’ Activities in Riyadh

Abdellatif Hammouchi, Director General of Morocco’s National Security and Territorial Surveillance (DGSN-DGST), in his capacity as a member of the Supreme Council of the Naif Arab University for Security Sciences (NAUSS), participated in the 50th session of the NAUSS Supreme Council annual meeting, as well as the official graduation ceremony for the 42nd batch of […]

Business Emerging Markets Europe Headlines International Morocco

Ryanair launches direct flights from Dakhla to Madrid and Lanzarote

Ryanair will connect the city of Dakhla in the Moroccan Sahara to Spanish Capital Madrid, and Lanzarote in the Canary Island. The direct route will be opened in January 2025, under an agreement between the low-cost airline and Morocco’s tourism promotion office ONMT. Nestled along the sun-kissed Atlantic coastline, this enchanting city has swiftly risen […]

Africa Emerging Markets Headlines International

Côte d’Ivoire to set up $500 mln green fund

Côte d’Ivoire will set up a $500 million green financing fund to support sustainable growth initiatives and enhance climate action, the IMF said. This new facility will be part of the African Green Banks Initiative, aiming to create a $1.5 billion ecosystem of green investment facilities across the continent by 2030. The facility will be […]