Emerging Markets Europe Finance Headlines International Morocco

EIB lends Morocco 1 billion euros to back reconstruction efforts

The European Investment Bank plans to lend Morocco 1 billion euros over the next three years in support of a reconstruction plan following the earthquake that struck on September 8. The loan is completely aligned with Morocco’s ambitious national recovery program according to the priorities of the national authorities, the EIB said in a statement. […]

Americas Headlines International Tunisia

US Embassy in Tunis suspends services for two days over security concerns

The US embassy in Tunis announced Wednesday October 11 the suspension of services for two days, October 12-13, for security reasons on the backdrop of a demonstration in support of Palestine amid the conflict between Israel and Hamas. Tunisia’s powerful labor union UGTT is organizing this October 12 a nationwide demonstration in favor of Palestine, […]

Africa Business Europe Headlines International

Mali cancels Air France’s clearance to resume flights

Malian authorities have nullified authorization given to Air France to resume flights to the West African country after the airline suspended its services in August 2023. The decision came a day after Air France announced plans to resume flights to Mali from Friday October 13. The airline suspended on August 7 its flights to Mali, […]

Europe Headlines International Libya

Switzerland hands to Libya list of seized antiquities

The Swiss ambassador to Libya, Joseph Ringli, has surrendered to the Libyan Ministry of Foreign Affairs a list of items, including antiquities belonging the North African country, seized inside Switzerland, Libya Observer reports. The announcement came in statements by the Director of the Antiquities Authority, Mohammed Faraj. Faraj indicated that appointments had been set with […]

Asia Headlines International Morocco

Situation in Palestine: Morocco’s King has continuously called for moving away from the logic of conflict & violence, for promoting the logic of peace – FM

King Mohammed VI has continuously called for moving away from the logic of conflict and violence, to promote that of peace, cooperation, and to build up a prosperous space for all the peoples of the Middle East region. The remarks were made by Minister of Foreign Affairs, Nasser Bourita, on Wednesday in Cairo as he […]

Emerging Markets Finance Headlines International Morocco

Morocco’s resistance to shocks reflects “strength of its economy & financial system” – IMF

Tobias Adrian, Director of Monetary and Capital Markets Department within the International Monetary Fund (IMF) emphasized the resilience of the Moroccan economy and its “impressive performance” in the aftermath of the earthquake that his central Morocco on September 8. The remarks were made during the presentation of the IMF global report on financial stability on […]

Africa Emerging Markets Finance Headlines International Morocco

Morocco’s OCP Group teams up with WB to unlock Africa’s potential in global food security

Morocco’s Phosphate Group (OCP) and the World Bank agreed on Wednesday in Marrakesh to strengthen cooperation ties and programs benefitting five million farmers in Benin, Guinea, Mali, and Togo, covering 10 million hectares. The agreement was inked by OCP CEO Mostafa Terrab and WB Vice-Pdt.for Central Africa Ousmane Diagana during the ongoing WB-IMF Annual meetings […]

Editorials Headlines International Maghreb Morocco

Sahara: UN Security Council starts closed-door briefings & consultations

The UN Security Council holds this Wednesday in New York a closed-door meeting on the MINURSO, whose mandate expires on October 31. Ahead of the mandate renewal, Council members will be briefed by Head of MINURSO Alexander Ivanko on the UN Mission activities, the situation on the ground and Polisario provocations. Ivanko’s briefing comes following […]

Africa Headlines International

Putin holds phone talk with Mali’s Assimi Goita

Russian President Vladimir Putin held Tuesday October 10 a telephone conversation with Mali’s interim President for the transitional period Assimi Goita, with talks focusing on the strengthening of economic ties and security cooperation. “At the initiative of the Malian side, Russian President Vladimir Putin had a telephone conversation with the President of the transitional period […]

Americas Emerging Markets Headlines International Morocco

Morocco’s efforts to help students in quake-hit areas are ‘very impressive’, WB/IMF annual meetings in Marrakech testify to country’s resilience

The efforts being made to help schoolchildren in the regions of Morocco affected by the September 8 earthquake are “very impressive”, stressed, on Tuesday in Marrakech, US Secretary of the Treasury, Janet L. Yellen. These efforts testify to the importance attached by the Kingdom to the education sector and the major role it plays in […]