Americas Business Emerging Markets Headlines International Morocco

Morocco building its own defense industry to reduce dependence on foreign-made weapons

Morocco is busy working to reduce its dependence on foreign-made weapons by developing its own defense industry, said Defenseweb online publication. To reach its strategic goal, Morocco signed in 2019 with Brazil an agreement to share military technology. The agreement, which includes “investment cooperation and facilitation” in military industry, is the first of its kind […]

Community Europe Headlines International Morocco

Morocco and Spain preparing for annual summer holiday return of Moroccan expatriates

Senior Moroccan and Spanish officials from the interior departments met on Wednesday in Madrid to discuss coordination to ensure a smooth return of Moroccan expatriates for their annual summer holidays. The joint meeting focused on the operational measures put in place by both parties to ensure the best possible conditions for the 2023 transit operation, […]

Africa Features Headlines International

Sahel ‘at crossroads’: conflict-ridden region needs support to fight armed groups, warns UN

International and regional efforts to combat armed groups linked to al-Qaeda, the Islamic State and other extremist groups have failed to stop their expansion in Africa’s Sahel region, a senior United Nations official has warned. The joint force set up in 2014 to combat groups linked to al-Qaida, ISIL (ISIS) and others in the Sahel, […]

Africa Energy International

Australian firm confirms gas, oil & helium discovery in Zimbabwe

Australia-listed oil and gas firm Invictus Energy has recently confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique “definitively proves the presence of hydrocarbons in […]

Columns Emerging Markets Europe Finance Headlines International Morocco

Anti-money laundering: EC removes Morocco from list of high-risk countries

After leaving the grey list of the Financial Action Task Force (FATF) thanks to its financial transparence, Morocco exits the European Commission’s list of high-risk countries presenting strategic deficiencies in their anti-money laundering and countering the financing of terrorism (AML/CFT). The decision, announced this Wednesday by the European Commission, will help Morocco attract more foreign […]

Business Emerging Markets Europe Headlines International Morocco

OCP Group finalizes acquisition of 50% stake in Spanish Globalfeed S.L.

OCP Group, the Moroccan state-owned global phosphate-based plant and animal nutrition solutions provider, and Fertinagro Biotech S.L., a major Spanish fertilizer producer, have finalized the acquisition by OCP of 50% Stake In Globalfeed S.L. In a joint press release issued this Wednesday, May 17, 2023, the OCP Group and Fertinagro Biotech S.L., a major fertilizer […]

Business Emerging Markets Europe Headlines International Morocco

Morocco-Irish Parliamentary Group discusses partnership in renewable energy, tourism & education

Cooperation prospects between Morocco and the Republic of Ireland were at the center of the first meeting of the inter-parliamentary group held Tuesday remotely. The group, which gathers members from Morocco’s Parliament upper House and Irish senators, seeks to promote closer relations and understanding. It also aims to strengthen political, economic, and cultural partnership between […]

Africa Blogs Community Features Headlines International Morocco

Morocco, Leader in Road Accidents Prevention, Hosts 2023 Kofi Annan Road Safety Award

The 2023 Kofi Annan Road Safety Award, which will be held in Marrakesh on Sept.25-26, is an international recognition of the outstanding efforts made by Morocco to curb fatalities and injuries from road accidents. The event is organized by the UN Economic Commission for Africa (ECA), the UN Special Envoy for Road Safety and the […]

Asia Business Headlines International Morocco

Morocco receives 111k Tons of grains under Black Sea Initiative

Morocco was among the countries that benefited from the resumption of grain shipments from Ukraine receiving so far 111.1K tons of grains, according to UN data. The Black Sea Initiative was agreed between Russia and Ukraine following Turkish and UN mediation in 2022 to help secure safe food shipments, notably cereals. Russia however said it […]

Africa Europe Features Headlines International

Six African leaders launch peace mission to Moscow and Kyiv to end ‘devastating’ war

Six African leaders plan to spearhead and facilitate what they hope could be the beginning of peace talks between Moscow and Kyiv more than one year after Russia’s invasion of Ukraine. South African President Cyril Ramaphosa announced on Tuesday (16 May) that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy had agreed to meet […]