Africa Europe Headlines International Morocco

Four French nationals detained in Ouagadougou released thanks to Moroccan King’s mediation

Thanks to a successful mediation by King Mohammed VI, four French officials accused of espionage and detained since December 1, 2023, in Burkina Faso have been freed. French President Emmanuel Macron “spoke over the phone on Wednesday, December 18, with King Mohammed VI to warmly thank him” for the success of his mediation, said the […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco’s ONEE, Germany’s KfW seal €50 Mln loan deal to finance drinking water supply program

The German Agency for International Cooperation (GIZ), through KfW, will grant Morocco’s National Office of Electricity and Drinking Water (ONEE) a €50 million loan destined to finance a climate-resilient drinking water supply program. The program is aimed at securing and reinforcing drinking water supply in several towns, including Ghafsai, El Hajeb, Ain Legdah, Bouderbala, Souk […]

Business Emerging Markets Europe Headlines International Morocco Technology

Sweden’s Trelleborg launches construction works of new aerospace plant in Morocco

Sweden’s Trelleborg, specialized in sealing systems in the aerospace sector, has launched in Nouaceur (outskirts of Casablanca), the construction works of its new industrial plant. The €10.2 million project will eventually create 150 to 200 jobs and boost the capacity of the local aerospace value chain, in line with the Kingdom’s strategy to improve the […]

Americas Emerging Markets Headlines International Maghreb Morocco

Chile supports political solution to Sahara within framework of Morocco-proposed Autonomy Initiative

Chile reiterated, through the voice of its Foreign Minister Alberto Van Klaveren Stork, “constant support for the process led by the United Nations towards a just, pragmatic, lasting, realistic, viable, definitive and mutually acceptable solution to the question of Western Sahara, within the framework of the initiative presented by Morocco to the United Nations in […]

Blogs Europe Headlines International Morocco

Morocco’s King sends condolences message to French President following devastating cyclone Chido in Mayotte

King Mohammed VI has expressed his sincere condolences and solidarity in a message to French President Emmanuel Macron following the devastating Cyclone Chido that hit the Mayotte archipelago. “In this painful moment for your nation, I extend my sincere condolences and, through you, to the French people and the grief-stricken families, my deepest compassion,” the […]

Energy Headlines Morocco

Morocco to expand petroleum product storage capacity to 1.8 Million m³ by 2030

Morocco will expand its petroleum product storage to 1.8 million cubic meters by 2030, which would cover an additional 41 days of national consumption, Morocco’s Minister of Energy Transition and Sustainable Development Leila Benali said. Benali, speaking before the Upper House, explained that the investment cost of these projects is 5 billion dirhams, which is […]

Headlines Libya Morocco

Morocco hosts new round of talks between Libya’s High State Council and House of Representatives

Eastern Libya’s House of Representatives and the Tripoli-based High State Council are holding on Dec 18-19 a new round of political consultations in Morocco’s Bouznika, not far from Skhirate where they reached the landmark 2015 deal. Speaking at the opening of the talks, foreign minister Nasser Bourita welcomed the delegations from the two institutions which, […]

Emerging Markets Headlines Morocco

Morocco faces specter of population ageing

Morocco’s population is ageing with a fertility rate of 1.97 children per woman, head of the planning agency HCP said. Speaking at a presentation on the detailed results of the 2024 census, Chakib Benmousa said the fertility rate is below the 2.1 children per woman, generally believed to be needed to maintain a stable population. […]

Emerging Markets Europe Headlines International Morocco

EU Commissioner for Mediterranean: Morocco, key & reliable partner

European Commissioner for the Mediterranean Dubravka Šuica has described Morocco as “a key and reliable partner for the EU, in the Mediterranean and beyond in Africa.” The Commissioner made the remarks in a tweet posted Tuesday on X following her talks with Moroccan Foreign minister Nasser Bourita. She sai her “insightful” discussion with Bourita, focused […]

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Morocco’s Central Bank lowers key rate to 2.5 %; expects growth to rebound to 3.9 in 2025 & 2026

Morocco’s Central Bank has decided to reduce key rate by 25 basis points to 2.50 percent as inflation continues to evolve at low levels and is expected to end the year with an average of 1% compared to 6.1% in 2023. The decision was made by the Board of the Bank during its latest quarterly […]