Business Europe Headlines International Libya

ITA Airways prepares to resume flights to Libya

Andrea Benassi, Director of Italy’s ITA Airways, announced, ongoing arrangements between the Libyan Civil Aviation Authority and its Italian counterpart for the resumption of ITA Airways flights to Libya, though he did not specify an exact date for the restart. The announcement was made during a meeting between Libya’s Minister of Transport in the Government […]

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Egypt unveils Fourth National Plan to combat illegal migration for 2024-2026

Egypt unveils Fourth National Plan to combat illegal migration for 2024-2026Egypt launched its fourth national action plan to combat and prevent illegal migration for 2024-2026. In a recorded speech aired during the launch of the plan on Thursday, Prime Minister Mostafa Madbouly highlighted Egypt’s strong commitment to addressing the serious challenge of illegal migration, which […]

Africa Emerging Markets Headlines International Morocco

Burundi reiterates unconditional support for Morocco’s territorial integrity & sovereignty, hails king’s Atlantic Initiatives

Burundi’s Foreign Minister Albert Shingiro has reiterated his country’s consistent position in favor of Morocco’s territorial integrity and unconditional support to the Kingdom’s sovereignty over its entire territory, including the Sahara region. This came during a meeting the Burundian official held in Rabat on Thursday with his Moroccan peer Nasser Bourita. Albert Shingiro also reiterated […]

Columns Emerging Markets Headlines International Maghreb Morocco

Development dynamics in Sahara highlighted before UN 4th Committee in New York

The socio-economic development dynamic in Morocco’s southern provinces was highlighted during a meeting of the 4th Committee of the United Nations General Assembly, held Wednesday in New York. Speaking on this occasion, British lawyer Andrew Rosemarine stressed that the Moroccan Sahara is establishing itself as an economic hub and as a link between Africa and […]

Africa Emerging Markets Energy Headlines International Morocco

ECOWAS hosts regional workshop to finalize Nigeria-Morocco Gas Pipeline agreement

The Economic Community of West African States (ECOWAS) is hosting a regional workshop in Lagos Oct. 8 through 11 to review and validate the Host Government Agreement (HGA) for the Nigeria-Morocco Gas Pipeline project. The workshop is a key step in the development of the gas pipeline, a strategic project spearheaded by King Mohammed VI […]

Emerging Markets Europe Finance Headlines International Morocco

EIB plans greater involvement in financing development projects in Morocco

The European Investment Bank (EIB) is seeking to deepen its involvement in financing key development initiatives in Morocco, aligned with the country’s economic and social priorities. The remarks were made by EIB Vice-President Ioannis Tsakiris on Thursday in Rabat during talks with Minister of Economy and Finance Nadia Fettah. The EIB official reiterated the Bank’s […]

Africa Americas Headlines International

Biden’s Angola visit underscores Africa’s growing global importance

President Joe Biden’s upcoming visit to Angola, the first by a sitting U.S. president to an African country since 2015, highlights the continent’s increasing significance in global geopolitics. The trip, scheduled for October 13-15, comes as various world powers vie for influence in Africa, attracted by its strategic importance and mineral wealth. Angola, historically closer […]

Emerging Markets Finance Headlines Morocco

Fitch Expects Morocco’s Growth to Reach 3% in 2024 & 3.5% over 2025-2026 Period

Fitch agency has maintained Morocco ‘BB+’ rating with a stable outlook thanks to the country’s sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable liquidity buffers. In 2023, Morocco’s economy grew by 3.4%, driven by strong non-agricultural sector performance and a rebound in agricultural output following a sharp contraction in 2022, said […]

Energy Headlines Libya

Libya: NOC announces drilling of 5 new wells with a combined output capacity of 12,000 bpd

The National Oil Corporation (NOC) announced on Wednesday the successful drilling and restarting of five new wells since the start of October, with a combined production capacity of around 12,000 barrels per day (bpd). According to the NOC, Mellitah Company has restarted well “A-28” in the Abu Attifel oil field, a move aligned with the […]

Headlines Maghreb Morocco

UN-Sahara: Elected Sahrawis cross swords with Pro-Polisario supporters ahead of UN Security Council meeting

The Algerian regime and their Polisario puppets are intensifying their hostile campaign against Morocco’s territorial integrity and sovereignty over its Sahara as the UN Security Council braces for receiving briefings on the Sahara before renewal of MINURSO mandate to expire on October 31. Availing the opportunity of the meeting of UN fourth Committee convening in […]