Africa Business Emerging Markets Europe Headlines International Morocco

Europe-Africa Relations: Morocco pleads for co-development cooperation

President of the Moroccan Economic, Social and Environmental Council (CESE), Ahmed Réda Chami, called Friday, for an overhaul of the European vision vis-à-vis Africa, based on cooperation that “promotes co-development rather than extractivism.” Economic cooperation models between Europe and Africa should be reconsidered and re-oriented towards inclusive economic policies, promoting fairer trade, Chami said at […]

Americas Business Emerging Markets Headlines International Morocco

U.S. Commerce Department lowers duties on Moroccan phosphate imports

The U.S. Department of Commerce has decided to lower import duties on Moroccan phosphate fertilizers from 19.97% to 2.12%. U.S. farmers hailed the decision saying it will help ease the pressure and decrease fertilizer prices. The decision, which was announced Thursday, comes after Commerce officials conducted an administrative review on the countervailing duties (CVD) imposed […]

Africa Egypt Finance Headlines International

AfDB to provide $350m to Egypt before end of 2023

Abdourahmane Diaw, the African Development Bank (AfDB) country manager for Egypt, has revealed the Abidjan-based lender will provide the North African country with $350 million in financing for public and private development projects before the end of 2023. The financing will go to the private sector via credit lines to loaning companies and bank and […]

Africa Asia Finance International

Benin, Saudi fund to bolster cooperation

Benin and the Saudi Fund for Development (SFD) have discussed ways to strengthen partnership between the two sides following a meeting between SFD Chief Executive Officer Sultan Abdulrahman Al-Marshad and the West African country’s finance and economy minister Romuald Wadagni. During the meeting that took place in Riyadh, the Saudi capital hosting the headquarters of […]

Asia Headlines International Morocco

Morocco denounces again targeting of civilians in Gaza, urges ceasefire

Morocco, whose king Mohammed VI chairs the Al Quds committee, denounced the targeting of civilians in Gaza and urged a ceasefire that would allow for delivering urgent aid, expressing “disappointment” at the failure of the international community to put an end to this catastrophic situation. Morocco renews the expression of its deep concern following the […]

Europe Headlines International Morocco

Morocco, Belgium poised to upgrade cooperation in security, counterterrorism, transnational organized crime

Means and ways of bolstering cooperation between Morocco and Belgium in matters of security, counterterrorism, and struggle against transnational organized crime were reviewed by Abdellatif Hammouchi, Director General of National Security and Territorial Surveillance (DGSN-DGST) and Belgian Deputy Prime Minister and Minister of Justice, Paul Van Tigchelt, as well as the Acting General Administrator of […]

Columns Community Headlines International Morocco Technology

Two Moroccan researchers join The World Academy of Sciences as fellows

Yahya Tayalati and Youssef Ouknine, two of Morocco’s top scientific researchers, have been made fellows of The World Academy of Sciences (TWAS) for the advancement of science in developing countries that has more than 1,400 scientists in around 100 countries. Tayalti from Rabat-based Université Mohammed V and Ouknine from Marrakech-located Université Cadi Ayyad are members […]

Africa Business International

Benin debunks rumors of closure of border with Togo

Benin has branded rubbish rumors of closure of its border with Togo, triggered by a queue of trucks lining up on the Beninese side, at the northern border town of Ouake. Wilfried Léandre Houngbédji, spokesman for President Patrice Talon’s Administration said Tuesday October 31 that the long queue of trailers is due to the installation […]

Asia Egypt Finance Headlines International

UAE poised to inject more investments in Egypt’s economy

The United Arab Emirates will pump more investments in Egypt across various development sectors, the Gulf country’s minister of Investment Mohammed Al-Suwaidy has told Egyptian Premier Mostafa Madbouly. Al-Suwaidy conveyed to Madbouly UAE’s eagerness to invest in various development sectors, highlighting that the directive to do so was issued by President Sheikh Mohamed bin Zayed […]

Africa Headlines International

Mali’s Tuareg rebels claim takeover of abandoned UN camp near strategic town of Kidal

Separatist rebels in northern Mali have claimed to have taken over a camp in the strategic town of Kidal immediately after it was evacuated by the UN peacekeeping mission MINUSMA, a significant development in an ongoing battle for territory. The Tuareg-dominated alliance of armed groups, known as the Permanent Strategic Framework (CSP), which had agreed […]