Africa Business Emerging Markets Headlines International Morocco

Morocco turned pharmaceutical sector into strategic lever for health sovereignty

Morocco has turned its pharmaceutical sector into a strategic lever for health sovereignty and economic growth, said on Thursday in Istanbul, the Secretary of State in charge of Foreign Trade, Omar Hejira. Speaking during a panel held part of the 5th Türkiye-Africa Business and Economic Forum, Hejira emphasized that the Kingdom has undertaken an ambitious […]

Europe Headlines International Morocco

Russia, Morocco firmly determined to further strengthen their traditionally cordial ties, trust & strategic partnership – Russian FM

Russian minister of Foreign Affairs, Sergey Lavrov, reiterated, on Thursday in Moscow, the firm determination of Russia and Morocco to continue working together to further strengthen the traditionally friendly ties, trust, and strategic partnership between the two countries. Speaking at a joint press conference with his Moroccan counterpart Nasser Bourita after their talks, Lavrov said […]

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Morocco, Russia agree that International Law cannot be interpreted to stop settlement of Sahara issue

Morocco and Russia agree on the fact that international law and principles cannot be interpreted in a way that halts the progress towards a resolution for the Moroccan Sahara issue, said, on Thursday in Moscow, Moroccan Foreign Minister, Nasser Bourita. Speaking at a press conference following talks with his Russian peer, Sergey Lavrov, Bourita said […]

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Power Shift in Antananarivo: UN Slams Coup as Madagascar’s Military Takes the Helm

The United Nations has condemned Madagascar’s latest military coup, calling for a swift return to constitutional order following the swearing-in of Colonel Michael Randrianirina as interim president. The move comes after weeks of youth-led protests over power and water shortages that killed at least 22 people and injured over 100. UN Secretary-General António Guterres, through […]

Business Emerging Markets Europe Headlines International Morocco Technology

Moroccan talents under royal impetus drive industrial, modern infrastructure momentum

Morocco stands out as an obvious destination for aerospace investment thanks to its talents — a true industrial and modern infrastructure momentum driven under the impetus of the King, said Olivier Andriès, CEO and board member of the Safran Group. “We chose to invest in the aircraft engine complex in Nouaceur based on the welcoming […]

Business Emerging Markets Europe Headlines International Morocco

Royal Air Maroc beefs up fleet with Avolon lease deal

Royal Air Maroc has signed with Dublin-based Avolon Company a lease agreement for six Boeing 737-8 MAX planes. Two aircraft were delivered in recent weeks with the remainder to be delivered through 2025 and 2026. Commenting the deal, Paul Geaney, President and Chief Commercial Officer, Avolon said: “We are excited to welcome Royal Air Maroc […]

Emerging Markets Headlines International Morocco

Morocco, Russia sign memorandum to boost strategic partnership

Moroccan Foreign Minister Nasser Bourita met his Russian counterpart, Sergei Lavrov, in Moscow this Thursday to strengthen bilateral ties under a strategic partnership, first agreed by King Mohammed VI and President Vladimir Putin in 2016. The talks focused on deepening cooperation and exploring new areas of collaboration, as both ministers praised the momentum in Morocco-Russia […]

Americas Business Emerging Markets Europe Headlines International Morocco

Sabena Engineering to open C130 Hercules and F16 jets maintenance center in Morocco

Sabena Engineering announced the launch of construction works for a maintenance and repair facility in Benslimane, near Casablanca, that will handle heavy servicing and modernization of F-16 fighter jets and C-130 Hercules transport aircraft operated by the Royal Moroccan Air Force. The project is spearheaded by Maintenance Aero Maroc (MAM), a subsidiary of Sabena Engineering […]

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EBRD’s Women in Business Program mobilizes €30 million for Moroccan businesswomen over a decade

Morocco’s women entrepreneurs have accessed €30 million in financing and received comprehensive business support through the European Bank for Reconstruction and Development’s decade-old Women in Business program, with 5,000 female business owners benefiting from the initiative over a decade. The figures were disclosed during the celebration of the tenth anniversary of the program held in […]

Americas Headlines International Libya

Libya to host AFRICOM’s “Flintlock 26” military exercise to advance security, unity

The United States Africa Command (AFRICOM) has selected Libya as the host nation for the “Flintlock 26” military exercise, marking the first time the country will stage the annual regional drills. AFRICOM Deputy Commander Lt. Gen. John Brennan confirmed during a visit to Libya that the exercise—set for next spring near Sirte—will bring together military […]