Africa Headlines Morocco

Rwanda, First Stop in Mohammed VI’s New African Tour

Rwanda will be the first stop in the new African tour by Morocco’s King Mohammed VI which will also lead him to two other eastern African countries, Ethiopia and Tanzania, Moroccan local media said. The tour will start on Tuesday with a three-day visit to Rwanda. The visit comes in response to an invitation by […]

Energy Headlines Morocco

Morocco Wants to Promote Green Banking in Africa

Morocco, host country of COP22 in Marrakech November 7-18 and gate for investments in Africa, is busy working to encourage international financial institutions to support green banking markets in African continent. BMCE Bank of Africa has teamed with the European Bank for Reconstruction and Development (EBRD) and organized on Wednesday a conference in Casablanca to […]

Energy Finance Headlines Morocco

BMCE Bank of Africa Gets €35 Mln Loan for Energy Efficiency Projects

Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]

Columns Opinions

Morocco Adds Momentum to its Africa Foreign Policy

King Mohammed VI of Morocco will undertake shortly official visits to Ethiopia, Rwanda and Tanzania as part of an African strategy that aims at diversifying partners and building bridges of solidarity and economic cooperation with key English speaking countries in the continent. The visit was announced by the well-informed online news outlet, le360.ma, which said […]

Headlines Morocco

Morocco’s Commitment to Promoting Intra-African Trade Highlighted in Washington

Morocco’s commitment to promoting trade between African countries has been highlighted during the Frontier 100 forum of initiative for Global Development (IGD) held recently in Washington. “Thanks to its geostrategic position, Morocco plays a key role in inter-regional trade. It serves as a bridge between the Maghreb, West Africa and the rest of the continent,” […]

Finance Headlines Morocco

Morocco Hosts Meeting on Green Finance in Africa

Moroccan city of Casablanca is hosting this October 12 an international conference to look into ways of creating “Green Banking Markets in Africa”, ahead of the 22nd UN conference on climate change due in Marrakech Nov.7-18. The Casablanca green finance event is organized by the European Bank for Reconstruction and Development (EBRD) and Banque Marocaine […]

Algeria Headlines

Algeria: ‘Elections are Useless,’ Opposition Coalition

A coalition of opposition parties Monday judged the future legislative elections in Algeria “useless” as they cannot change the dire conditions and the acute economic and social crisis gripping the country. United under the Forum for Consultation and Monitoring of the Opposition (ICSO), leaders of several political and opposition groups argued that given the current […]

Finance Headlines Morocco

Morocco among Africa’s Top Five Performers in Global Competitiveness, Report

Morocco has been ranked Africa’s fifth best performer in the Global Competitiveness Report issued by the Geneva-based World Economic Forum (WEF.) At the continental level, Morocco was advanced by Mauritius, South Africa, Rwanda and Botswana in the Index that examines the determinants of long-term growth in a total of 138 countries. Globally, Morocco gained two […]

Africa Headlines Morocco

Egypt Wants Morocco Back in the AU

Egypt, Africa’s third most populous country, has expressed support for Morocco’s return to the African Union and said that the Kingdom can play a key role in addressing Africa’s major challenges, local Egyptian media reported. “Egypt backs the return of Morocco to the pan-African body,” the local press quoted an Egyptian diplomatic source within the […]