Headlines Morocco

Morocco foils another terror plot, captures 5 Jihadists

Moroccan authorities announced on Wednesday the arrest of five jihadists who were preparing terrorist attacks in the country. Aged between 20 and 45, members of the ISIS cell were active in the “Habata Benmansour” village in Kenitra, Sidi Yahya Zaer (near Rabat), Dchira in Inzegane Ait Melloul, commune of Bouaboud (province of Chichaoua). All the […]

Africa International

DRC President Félix Tshisekedi named mediator in Chadian crisis

The Economic Community of Central African States, ECCAS, appointed Tuesday the President of the Democratic Republic of Congo Félix Tshisekedi, mediator in the ongoing crisis in Chad. The regional bloc held Tuesday its second extraordinary summit with Félix Tshisekedi, Chad’s leader Mahamat Deby, President of Central African Republic Faustin-Archange Touadera and Congo Brazzaville leader Dénis […]

Africa Asia International

Senegal, Türkiye ink event-driven diplomacy MoU

Senegal and Turkey signed an event-driven diplomacy Memorandum of Understanding (MoU) to promote events between the two countries. Aïssata Tall Sall, top diplomat of the African country inked the deal with his Turkish counterpart Mevlüt Çavuşoğlu on the sidelines of Dakar International Forum on Peace and Security in Africa held on October 24-25. Per the […]

Africa Headlines International

Guinea Bissau President & ECOWAS Chairman meets Putin

Umaro Sissoco Embalo, President of Guinea Bissau who also doubles as ECOWAS Chairman, discussed Tuesday in Moscow with President Vladimir Putin of Russia an array of issues including peace resolution to the war in Ukraine. “I also pass on the message of all 15 countries representing the CEDEAO/ECOWAS (Economic Community of West African States), to […]

Energy International

Nigeria: President calls for more investments in oil & gas

Nigeria’s President Muhammadu Buhari has urged local and foreign investors to inject money into the country’s oil and gas sector undergoing reforms, reports say. Speaking at the commissioning of Pinnacle Oil and Gas Limited’s Lekki Free Trade Zone Terminal in Lagos, the Nigerian President said that the operation of the new facility will lower the […]

Finance Headlines Morocco

Morocco to abandon international bond issue in 2022

Morocco may no longer issue an international bond as was planned earlier this year amid deep uncertainty and market volatility, finance minister Nadia Fettah Alaoui said. The government expects its financing needs to grow to 60 billion dirhams ($5.5 bln) next year compared with some 45 billion dirhams this year. “We will try to strike […]

Asia Business Energy Headlines International Morocco

India’s richest person to invest in a 10 GW project in Morocco

India’s richest person Gautam Adani is negotiating with Moroccan authorities the setting up of a giant clean energy project that would produce 10 gigawatts, Bloomberg reported. Adani’s group is considering building solar and wind plants as well as facilities to produce and export green hydrogen, the news agency reported citing anonymous sources. Morocco currently has […]

Finance Headlines International Morocco

Agadir first Moroccan commune to issue bond

The city of Agadir has made a successful issuance of Morocco’s first municipal bond of 1 billion dirhams to fund its development plan. The dirham-denominated bond sale targeted national and international institutional investors as the commune braces for a facelift. The European Bank for reconstruction and development (EBRD) has supported Agadir’s bond with an investment […]

Americas Headlines International Morocco

Sahara: Colombia’s Senators Defy Pdt. Petro by Supporting Morocco’s Territorial Integrity

The overwhelming majority of Colombian senators are standing united against leftist President Gustavo Petro, challenging his decision to restore ties with self-proclaimed separatist entity “SADR”, which is armed, funded and hosted by Algerian junta. In a joint statement adopted Tuesday, 62 senators, out of 108 members of the Parliament lower house, backed the decision of […]

Europe Finance Headlines International Morocco

European Commission supports Morocco’s ecological & inclusive agriculture with €115 Mln

The European Commission adopted on Tuesday a new program worth €115 million to support Morocco’s ecological, inclusive and innovative farming. Dubbed “Terre Verte”, the program aims to contribute to Morocco’s strategies “Green Generation” and “Moroccan Forests” covering the period 2020-2030 by promoting an ecological transition conducive to the creation of decent work opportunities in Morocco […]