Economy
The Nigeria-Morocco gas pipeline project has achieved significant milestones, with crucial agreements signed and feasibility studies completed. This ambitious initiative aims to enhance energy access for approximately 400 million people across 13 countries, marking a transformative step in regional energy......
Following interest from the United States, the United Arab Emirates is reportedly set to co-fund a monumental $25 billion initiative to construct the Morocco-Nigeria gas pipeline. This ambitious project aims to enhance energy cooperation across Africa and establish Morocco as a pivotal regional hub for......
The United States has signaled its interest in investing in the Nigeria-Morocco Gas Pipeline project, as reported by Voice of Naija. This announcement was made by Nigeria’s Minister of Finance, Wale Edun, during the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank. Edun......
Nigeria and Morocco are intensifying their collaboration to strengthen bilateral relations, particularly in the energy sector. The Kano state government has set its sights on attracting over $10 billion in investments from Morocco over the next five years, with a focus on renewable energy and the development......
The Nigerian state of Kano has initiated a strategic financial framework with Morocco, aiming to attract over $10 billion in direct investments over the next five years. This collaboration will focus on renewable energy, structured agriculture, and mining development, following a high-level visit by......
Standard Chartered Plc is contemplating a strategic expansion into Morocco as part of its growth initiative across key African markets. This move aligns with the London-based bank's broader objective to enhance its wealth management and transaction banking services throughout the continent. Chris......
African economies find themselves at a critical crossroads, faced with the dual pressures of American protectionism and the pressing need for strategic economic realignment. The recent announcement from the U.S. government regarding tariffs reaching up to 50% on imports from 185 countries—51 of......
The National Office of Hydrocarbons and Mines (ONHYM) has committed an investment of 1.019 billion dirhams (MMDH) in 2024 for the drilling of four exploration wells, comprising three onshore and one offshore. This year also marks a heightened focus on strategic and critical minerals, which are vital......
His Majesty King Mohammed VI has long praised the Nigeria-Morocco gas pipeline, emphasizing its potential to foster African development and improve the living standards of the continent’s population. Morocco is set to begin the process of launching tenders for the pipeline in 2025, marking a significant......
The ongoing BRICS summit in Kazan, Russia has brought to light significant diplomatic tensions as South Africa firmly opposes Morocco's potential inclusion in the expanding economic bloc. The three-day gathering, which commenced on October 22, 2024, has placed the controversial topic of membership......
In a significant diplomatic outreach, Morocco's ambitious Atlantic Initiative was showcased in Drummondville, Quebec, highlighting the kingdom's strategic vision for intercontinental cooperation. The event, part of the 5th Moroccan Cultural Day, underscored Morocco's pivotal role in fostering......
The Morocco-Nigeria gas pipeline, launched in 2016, is making significant progress toward its realization, with the goal of enhancing Africa’s energy infrastructure and fostering regional integration through the export of Nigerian gas. The Economic Community of West African States (ECOWAS) is hosting......
Morocco is taking a leading role in advocating for stronger collaboration between China and Africa, viewing this partnership as a cornerstone for the continent's future development. This stance was prominently displayed at the recent Forum on China-Africa Cooperation (FOCAC) summit, where Morocco's......
