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 Business Headlines International

Seychelles introduces license for spanner crab fishery amid increasing interest

The Seychelles Fishing Authority (SFA) introduced a license for the fishing of the spanner crab species, the country’s State-run news agency reports citing a top official. Several factors, including the fact that more and more fishing units are getting into this sector, have motivated the move, Karyss Auguste, the assistant manager for license at the […]

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Findev Canada approves €20mln loan to boost agri-food, renewable energy in West Africa

Canada’s development financial institution, Findev Canada, has approved recently a €20mln loan to the West African Development Bank destined to boost agri-food and renewable energy in West Africa. The loan is the very first agreement between the Canadian financial institution and the West African Development Bank. It will increase financing for agri-food businesses and the […]

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 […]

Africa Algeria Columns Headlines International

Mali: Algerian regime, leading exporter of instability & separatism in Africa

The ruling Algerian junta has sparked a diplomatic crisis with another neighboring country, proving beyond doubt to be a regional pariah and a source of instability. Algeria is controlled by an opaque military-intelligence regime suffering from megalomania. It has already strained relations with Morocco, Spain, France, Mauritania, Tunisia, Niger, UAE, Saudi Arabia, Jordan, Egypt, and […]

Headlines International Morocco

Arab Information Ministers commend Moroccan King for his support for Al-Quds, Palestinian cause

The Arab Information Ministers’ Council on Sunday commended the role played by King Mohammed VI, Chairman of the Al-Quds Al Committee, in supporting the Holy City and the Palestinian cause. In a resolution adopted at the end of its meeting in Tripoli, the Council’s Executive Office called on Arab media to highlight the efforts made […]

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 Algeria Headlines International Maghreb

Mali recalls its ambassador to Algiers for consultation

Mali summoned its ambassador to Algiers against the backdrop of worsening ties accusing Algeria of interfering in Mali’s domestic issues and “unfriendly acts.” After it summoned Algiers ambassador to Bamako to protest against Algeria’s meddling in Mali’s internal issues, Algiers responded by summoning Mali’s ambassador to Algiers, in a move that was seen in Mali […]

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Sahel Countries Applaud Royal Initiative for Atlantic Ocean Access -Joint Statement

Burkina Faso, Chad, Mali, and Niger have welcomed the international initiative announced by King Mohammed VI to enable these African landlocked countries have access to the Atlantic Ocean, a project that will transform the economies of these countries and the entire region. The supportive stand was voiced Saturday in Marrakesh by the Foreign Ministers of […]

Africa Business Columns Emerging Markets Headlines International Morocco

Landlocked Sahel countries subscribe to Morocco’s King Atlantic initiative

Four landlocked countries in the Shael welcomed the initiative launched by Morocco’s king to facilitate their access to the Atlantic coast, a goal that requires investments in infrastructure and a co-development approach. Mali, Niger, Burkina Faso, and Chad expressed at a meeting hosted by Morocco’s foreign minister Nasser Bourita in Marrakech Saturday their gratitude to […]