Americas Business Emerging Markets Headlines International Morocco

Morocco’s ambitious modernization program highlighted in a US think tank analysis

Morocco’s modernization program was highlighted as “ambitious” in an analysis by US think tank Carnegie Endowment for International Peace, which pointed out that the Kingdom has successfully inserted itself into global value chains. “The kingdom’s trajectory in the last quarter century has been characterized by an ambitious modernization program, greater sustainability, and entry into global […]

Business Finance Headlines

De-dollarization in Africa: could BRICS currencies challenge greenback?

A recent report by Sputnik Africa claiming that the use of the Russian ruble for trade between Russia and Africa has more than doubled since 2022 is challenged by other sources that report a sharp dip in the share of ruble payments from 23.7% in mid-2022 to 12.7% in mid-2023. Russian ruble usage in international […]

Asia Business Finance Headlines International

China’s plans to boost renminbi use in Africa face serious headwinds — CEIP study

While China has announced plans to boost the use of the Chinese currency renminbi in Southern Africa, part of Beijing’s efforts to diminish use of the dollar, a new study by Carnegie Endowment for International Peace (CEIP) highlights a number of major obstacles that stand in the way of BRICS’ de-dollarization efforts. In a visit […]

Algeria Headlines International Maghreb Morocco

Recent escalation reflects Polisario’s internal disarray- Carnegie

Polisario’s declaration of war against Morocco comes at a moment the separatist movement faces internal challenges amid changes in Algeria, wrote US Think Tank Carnegie Endowment for International Peace. “Polisario’s leadership is facing dissatisfaction inside and outside the refugee camps it controls in Algeria,” wrote Intissar Fakir in an Op-ed published on Carnegie website. The […]

Business Columns Headlines Morocco Opinions

Morocco reaps diplomatic gains of soft power in Africa

Morocco is reaping the diplomatic benefits of its south-south cooperation approach and multi-layered African policy capitalizing on soft power. The return to the African Union after more than three decades of absence was a point of inflection showing the Kingdom’s growing clout notably in West Africa, a region in which Moroccan banks and companies have […]