Emerging Markets Headlines International

Mali relies on Morocco, a friendly country, to pursue its reconstruction & stabilization

Morocco is one of the friendly countries on which Mali relies to pursue its reconstruction and stabilization, Malian Prime Minister, Choguel Kokalla Maïga, said. Maïga made the remarks when receiving the Moroccan delegation which participated in the Week of Malian Expert Surveyors (April 18-20), where the Kingdom was the guest of honor. The Malian PM […]

Europe Headlines International Morocco

Morocco on course to take full-control of Sahara air space management

Spain has confirmed it was working on handing over the management of the Sahara air space to Morocco, which has followed a gradual approach to end Spanish colonial residues in the territory. Spain, the former colonial power, has retained control over the Sahara air space from the Canary Islands. The Spanish government said in a […]

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Africa’s ultra-wealthy population to grow by 65% in next decade but thousands flee their home — report

Africa has seen a rise in its number of billionaires and its millionaire population is set to rise by 65% over the next 10 years, but at the same time, about 18,700 high-net-worth individuals have left the continent between 2013 and 2023, the 2024 Africa Wealth Report reveals. Published by Henley & Partners, an international […]

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Rabat hosts 33rd FAO Regional Conference for Africa

The 33rd session of the Food and Agriculture Organization’s Regional Conference for Africa (ARC33) kicked off on Thursday in Rabat, under the chairmanship of Head of Government, Aziz Akhannouch. The three-day conference, held under the theme: “Resilient agri-food systems and inclusive rural transformation”, offers a major opportunity for African countries to discuss practical and concrete […]

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Liberia renews support for Morocco’s territorial integrity, sovereignty over the Sahara

Liberia reaffirmed, on Thursday in Rabat, its support for Morocco’s territorial integrity and sovereignty over all its territory, including the Moroccan Sahara. This position was expressed in a joint communiqué issued following talks between Liberian Minister of Foreign Affairs, Sara Beysolow Nyanti, who is on a visit to Morocco, and her Moroccan peer Nasser Bourita. […]

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Sahara: Spanish firms interested in investment opportunities in Dakhla-Oued Eddahab Region

Spanish investors have shown great interest in the untapped business opportunities offered in Morocco’s Dakhla-Oued Eddahab region, a gateway to African market, as Madrid and Rabat are strengthening their economic cooperation and strategic partnership. “Morocco is a regional economic power with a modern and diversified economy and its strategic geographical location enables it to access […]

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Aeronautics: Big U.S. companies set up in Morocco plant specialized in passenger-to-freighter conversion

American companies Kansas Modification Center (KMC), Stratos Industries, and Integrated Aerospace Alliance (IAA) have chosen Casablanca to install their plant specialized in the conversion of Boeing passenger planes into cargo aircraft. The announcement was made lately by the three partners in a joint press release. They chose the North African Kingdom for its political stability, […]

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IMF sees Morocco’s economic growth at 3.1% in 2024, 3.3% in 2025

The IMF said Morocco’s economic growth would pick up slightly to 3.1% this year and 3.3% next year, forecasting a return of inflation to pre-pandemic levels. Inflation would stand at 2.2% this year and 2.5% next year, in line with central bank forecasts, the IMF said in its April global economic outlook. Algeria’s growth would […]

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Morocco bolsters its regional air power deterrence

Morocco is set to reinforce its battle-hardened air power capabilities through the acquisition of fighter jets and the upgrade of existing ones as well as the purchase of attack helicopters and latest drone technologies. Located in North Western Africa and bordered by a warmongering Algeria that has been instigating the Polisario militias to breach a […]

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Morocco, Belgium reaffirm commitment to Libya’s sovereignty, national unity (Joint Declaration)

Morocco and Belgium have reaffirmed their strong commitment to the sovereignty, independence, territorial integrity, and national unity of Libya. This position was expressed in the Joint Declaration adopted by the 3rd meeting of the High Joint Commission, co-chaired by Moroccan Head of Government Aziz Akhannouch and Belgian Prime Minister Alexander De Croo. In this Declaration, […]