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Morocco's commitment to the African continental free trade area shines at CEA session

During the 57th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development held in Addis Ababa, Moroccan Minister of Industry and Commerce, Riyad Mezzour, reaffirmed Morocco's unwavering commitment to the......

Morocco's strategic role in revitalizing the African Union's Economic Council

Morocco’s leadership of the African Union's Economic, Social, and Cultural Council (ECOSOCC) has been marked by unprecedented achievements and forward-looking strategies that had a tangible impact on the ground, according to Khalid Boudali, who recently completed his four-year term at the helm......

Morocco takes the helm of UN Economic Commission for Africa 57th session

Morocco has been unanimously elected to preside over the 57th session of the UN Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development. This significant election occurred at the ECA headquarters in Addis Ababa and underscores the growing......

Morocco unanimously elected to lead 57th session of the UN Economic Commission for Africa

Morocco has been unanimously elected to preside over the 57th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development. This decision, made on Wednesday in Addis Ababa, reflects the trust member states have......

Morocco: A rising power in the automotive industry

Morocco is emerging as a key player in the automotive industry in Africa and the Mediterranean region, according to the Spanish daily Mundo Deportivo. The country has positioned itself as a major production and export hub, supplying vehicles to over 70 countries, including France, Spain, and Italy.......

U.S. tariffs impact Argentine steel industry: 1,000 jobs cut

The recent imposition of a 25% tariff on steel and aluminum imports by the United States is already affecting Argentina. On Wednesday, an Argentine steel company announced the dismissal of 1,000 workers in response to the new trade measures. Acindar, a subsidiary of the Indian group ArcelorMittal, reached......

Morocco's emerging role shapes African economic resilience

A recent UN Trade and Development (UNCTAD) report highlights Morocco's strategic position in Africa's economic landscape while identifying key challenges and opportunities for growth. The 2024 Economic Development in Africa Report emphasizes how targeted reforms and investments could strengthen......

African parliaments rally behind transformative Atlantic initiative

Speakers of the parliaments of African Atlantic States have unanimously endorsed the Atlantic African States Process (AASP), an initiative spearheaded by King Mohammed VI. The Rabat Declaration, issued at the conclusion of their meeting on Thursday in Rabat, highlighted the ambition to transform the......

African trade integration emerges as key driver for continental prosperity

African nations are poised for significant economic transformation through the African Continental Free Trade Area (AfCFTA), with projections showing a potential 7% increase in continental GDP by 2045, equivalent to $450 billion in growth. The initiative aims to create a unified market across 54 states......