Americas Business Emerging Markets Headlines International Morocco

US magazine ranks Morocco’s Rabat among 50 greatest destinations in 2023

Morocco’s capital city Rabat is among the 50 greatest destinations to explore in 2023, according to American news magazine Time. The ranking was based on steeper costs and increased interest in sustainability and authenticity. Artistic and cultural reinvention is bringing new life to the capital city of Rabat, the magazine wrote, noting that in 2023, […]

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Influential U.S. Senator calls for moving AFRICOM headquarters to Morocco

U.S. Senator Dan Sullivan has called for transferring the headquarters of the U.S. Africa Command (AFRICOM) from Stuttgart, Germany, to Morocco, a major U.S. Ally of the United States in Africa. The Republican senator (Alaska) made the call during the latest hearing of Gen. Michael Langley by the Senate Armed forces Committee. “Morocco is an […]

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COM2023: Morocco calls for refocusing spending on better forms of social protection, income support

Morocco called, Monday in Addis Ababa before the 55th session of the Conference of African Ministers of Finance, Planning and Economic Development (COM2023), for refocusing spending on better targeted forms of social protection alongside income support. The Kingdom also pleaded for adequate political and technical support to initiatives aimed at facilitating cash transfers, such as […]

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Africa’s top 500 companies: champions in mining, oil, construction powering ahead

‘A revival with fanfare’ is how the latest ranking of the most important 500 African companies drawn up by Jeune Afrique magazine might be best described, with profits amounting to $80,84bn in total. After analyzing the results of more than 1,200 companies, the French-language pan-African weekly news magazine unveiled its exclusive ranking of the 500 […]

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Morocco’s Arma seeks African expansion

Like many state and private Moroccan companies, waste management company Arma said it plans to set up a waste management plant in Abidjan where it is finalizing deals with suppliers. The company’s CEO Youssef Ahizoun told Reuters the plastic waste recycling plant would be ready within few months. Arma investment would be the first by […]

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US, Mexican experts hail Morocco’s comprehensive counterterrorism approach

American expert on geopolitics and terrorism, Tom Sanderson, has hailed Morocco’s comprehensive approach in dealing with terrorist threats, and highlighted the country’s cooperation with the US and other allies. Morocco is one of the “world’s true pivot points” in fighting terrorism and violent extremism, thanks to a comprehensive and multidimensional approach, stressed the U.S. expert […]

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US VP Harris’ weeklong trip to Africa in March, a bid to counter China, Russia

The US Vice President Kamala Harris will travel to Africa later this month where she is scheduled to visit Zambia, Ghana, and Tanzania. The week-long trip is seen as part of Joe Biden administration’s effort to bolster its relationships with the continent, as competitors like Russia and China have made inroads in the region. During […]

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CAR: Nine Chinese nationals killed by armed men, China issues a travel warning

Unidentified armed men killed Sunday nine Chinese and wounded two others in the mining town of Bambari, in civil-war hit Central African Republic (CAR). Abel Matchipata, mayor of the town located in the center of the country, told local media that the victims were working in a mining field, for Gold Coast Group. He added […]

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Africa’s green hydrogen potential, vital for Europe’s future energy security

The European Union is eyeing the potential of Africa’s yet-to-be-developed green hydrogen industry, deepening climate and energy partnerships in the process, as evidenced by the recently inked $34 billion deal for a giant green hydrogen project in Mauritania. After a recent rush on Africa’s natural gas resources following the Russia-Ukraine war flare up in March […]

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Brain drain: Africa to lose skilled workforce due to Germany’s new migration policy

Germany’s plan to establish migrant centers in five African countries to offer a select category of Africans the possibility of settling on its soil is likely to encourage brain drain, which will occur due to the exit of skilled people from the continent, experts have warned. The new fast-track procedure proposed for skilled labor essentially […]