Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD promotes energy transition in Morocco’s mining sector with €13.6Mln Loan

The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]

Europe Headlines International Morocco

Morocco to chair UNESCO’s ICC-MAB for two years

Morocco was elected on Tuesday to the presidency of the International Coordinating Council of the Man and Biosphere Program (ICC-MAB) during the Council’s 36th Session held July 1-5 in Agadir. Morocco, represented by Latifa Yaacoubi, Director General of the Moroccan Agency for the Development of Oases and Argan Zones (ANDZOA), will chair the ICC-MAB for […]

Americas Energy Headlines International Morocco

Hydrocarbon: ExxoMobil’s ESSO gets two offshore reconnaissance contracts in Morocco

Esso Exploration International Ltd., a subsidiary of U.S. ExxonMobil Corp., signed on Tuesday in Rabat two reconnaissance contracts with Morocco’s National Office of Hydrocarbons (ONHYM). These reconnaissance contracts cover the areas of Safi-Essaouira Offshore and Agadir-Ifni Offshore. The areas are located offshore the cities of Safi, Essaouira, Agadir and Sidi Ifni. The signing of these […]

Africa Headlines International

South Sudan peace talks hosted by Kenya in final stages, deal expected shortly

Peace talks bringing together South Sudan’s government and members of the holdout groups in Kenya’s capital, Nairobi, have reached final stages for conclusion, with the draft peace agreement creating a leadership council, rebranding the structure of the presidency and limiting the role of the cabinet and legislature. “Talks have progressed well. Significant signs of progress […]

Africa Headlines International

Kenya riot police clash with anti-govt protesters amid renewed tax-bill unrest

Riot police fired tear gas at protesters in Kenya’s capital on Tuesday (2 July) as demonstrations erupted again in several cities across the country over a finance bill that would raise the cost of living even after President William Ruto said he would not sign it. The protesters condemned police brutality amid deadly demonstrations over […]

Americas Business Emerging Markets Headlines International Morocco

Morocco, US discuss closer trade ties

An official Moroccan trade delegation held talks in Washington with top officials at the he U.S. Department of Commerce on building on their existing Free Trade Agreement to further boost ties. The Moroccan delegation was led by industry and trade minister Ryad Mezzour, while the US delegation was chaired by the US Assistant Trade Representative […]

Americas Columns Emerging Markets Headlines International Maghreb Morocco

UN: New York hosts seminar on autonomy & foreign direct investment promotion

An international research seminar on the theme of “territorial autonomy: the promotion of foreign direct investment”, held in New York Monday provided a platform to compare the Morocco-proposed Autonomy Initiative for the Sahara region with other autonomy experiences in the world, particularly with regard to the promotion of foreign direct investments in the autonomous regions […]

Africa Headlines International

Cameroon, Nigeria agree to peacefully settle border dispute without ICJ involvement

Cameroon and Nigeria announced they have opted to peacefully settle their decades-long border disputes by 2025 and would thus no longer require the International Court of Justice (ICJ) to consider the case and issue a ruling to settle the matter. Rather, the two nations said, joint delegations will validate a demarcation plan on site to […]

Africa Features Headlines International

Nigeria enacts curfew after multiple suicide bombings killed or injured dozens

The Nigerian military imposed a curfew in Borno state after suspected female suicide bombers targeted a wedding, a funeral and a hospital in the restive Borno region, killing at least 18 and injured 30 others. Coordinated suicide attacks reportedly orchestrated by Boko Haram claimed the lives of at least 18 people, injuring 42, targeting selected […]