Africa Business Emerging Markets Headlines International Morocco

New commercial maritime route to connect Agadir, Dakar

A new commercial maritime route, operated by Atlas Marine Group, will connect Morocco’s Agadir to Senegal’s Dakar. The new maritime link is meant to optimize freight transport and meet the logistical challenges related to overland routes. The new route will facilitate the flow of trade between Morocco and West African countries by reducing transport costs […]

Columns Europe Headlines International Morocco

Morocco, Portugal, Spain officially appointed hosts of FIFA 2030 World Cup

Morocco, Portugal and Spain have officially been appointed as host countries for the 2030 FIFA World Cup by the FIFA Congress, convened Wednesday in Zurich in an extraordinary session by videoconference. During the session, chaired by FIFA president Gianni Infantino from Zurich, Congress members also approved awarding the three centenary matches to Uruguay, Argentina, and […]

Algeria Asia Columns Headlines International Morocco

Assad’s fall brings Damascus closer to Rabat; Algiers’ military support to ousted regime prompts indignation

The collapse of Assad dictatorship opens a new chapter in the Moroccan-Syrian relationship after the toppled regime supported for decades the Polisario separatist group and the Algerian junta against Morocco’s territorial integrity. In November 2011, the Moroccan embassy was attacked by pro-Assad protesters in Damascus, prompting the ambassador’s recall and the closure of the premises. […]

Business Emerging Markets Headlines Morocco

Morocco to start manufacturing trains in 2030

As Morocco expands its rail network, it also works to become a manufacturing hub with the first Morocco-made trains expected to be on the market in 2030, Mohamed Samouni head of Morocco Train Industry Cluster said. Speaking to Medias24, he noted that Moroccan train exports will have to wait until 2035. Samouni, who is also […]

Africa Headlines International Morocco

Morocco produces Africa’s first Mpox tests

A Moroccan company has produced Africa’s first Mpox test, as the continent struggles to contain the spread of the virus, AP reported. The jabs are being produced by Moroccan startup Moldiag after the virus was declared a global emergency by the World Health Organization. The company last month began accepting orders from Burundi, Uganda and […]

Business Emerging Markets Headlines Morocco

Morocco earmarks $1.4 bln to boost job creation in 2025

Morocco will spend 1.4 billion dollars next year to promote employment, including through different training programs and measures in the countryside, the head of the government said. Unemployment has surged in Morocco in recent years to hit an unprecedented 13.6% as drought forces the farming sector to shed more jobs in the countryside. The budget […]

Emerging Markets Finance Headlines Maghreb Morocco

Cyptos to boost Morocco’s financial inclusion- Finance minister

Finance minister Nadia Fattah Alaoui said the introduction of cryptocurrencies in Morocco would help promote financial inclusion provided they are governed by a sound legal framework. The Moroccan central bank said a draft law was undergoing the process of adoption ending a ban that has been in place since 2017. The central bank was also […]

Africa Emerging Markets Finance Headlines International Morocco

AfDB contributes €104.7 million to boost water sector in Morocco, speed up ONEE digitalization

The African Development Bank (AfDB) has extended Morocco a €104.7 million loan to boost the water sector in the Kingdom. The funding is destined to speed up the digitalization processes of the National Office for Electricity and Drinkable Water (ONEE), boost drinking water production in several urban areas (Asfalou, Bouhouda and Agourai), and improve the […]

Emerging Markets Europe Headlines International Morocco

EU can rely on Morocco to strengthen long-standing relations, address challenges together – EU Official

EU High Representative for Foreign Affairs and Security Policy Kaja Kallas affirmed that the EU can “rely on Morocco to strengthen our long-standing relations and address challenges together.” “I know we can count on Morocco to reinforce our long-standing relations and tackle challenges together,” stated Kallas following a phone conversation on Monday with Moroccan Foreign […]

Headlines Mauritania Morocco

Mauritania committed to enhancing historic relations with Morocco – National Assembly Speaker

Speaker of Mauritania’s National Assembly Mohamed Bemba Meguet asserted that his country attaches top priority to promoting historic and brotherly relations with Morocco in various fields. During talks with Morocco’s Upper House Speaker, Mohamed Ould Errachid, in Rabat on Monday, Meguet stressed that Mauritania, State and people, attaches “paramount importance” to strengthening economic, cultural and […]