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Morocco craves for greater African action in International Bodies

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Moroccan monarch, King Mohammed VI has highlighted the need for greater participation in international organisations. That was the theme of the message sent to the participants at the Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) holding in Marrakech, Morocco.

The meeting ends on Sunday. He told the delegates that  “as an African nation, Morocco fervently hopes that the continent – which now has a voice within the G20 through the African Union – will be able to hold its rightful place in other international bodies and thus push forward its economic and social agendas.”

“African countries are among the nations that are suffering the most from the consequences of climate change, even though they are among the countries whose activities contribute the least to global warming”, wrote the King in this message, which was read out by Omar Kabbaj, Advisor to His Majesty the King.

In this regard, the King called for re-adapting the rules and frameworks governing debt to take better account of the constraints which affect the ability of the most indebted low-income countries to be proactive and tackle fluctuations.

“By 2050, Africa will be home to a quarter of the world’s population. It should benefit, today, from conditions that enable it to broaden its room for manoeuvre and harness its potential to meet the needs of African populations in an increasingly uncertain, unsettled world marked by profound paradigm shifts,” remarked King Mohammed VI.

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He also recalled that Morocco has have made South-South cooperation a priority in its open door policy, “pursuing in this regard an approach based on co-development with our sister nations and friends on the continent.”

 

Kunle Solaja is the author of landmark books on sports and journalism as well as being a multiple award-winning journalist and editor of long standing. He is easily Nigeria’s foremost soccer diarist and Africa's most capped FIFA World Cup journalist, having attended all FIFA World Cup finals from Italia ’90 to Qatar 2022. He was honoured at the Qatar 2022 World Cup by FIFA and AIPS.

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ECONOMY

Technical and Steering Committees Meet in Rabat as Nigeria-Morocco Gas Pipeline Project Records Major Milestones

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The Nigeria-Morocco Gas Pipeline project has marked significant progress. Key technical, environmental, and institutional milestones have already been achieved.

This information comes from a statement by the National Office of Hydrocarbons and Mines (ONHYM).

As part of the project’s governance structure, the Technical Committee met on July 10. The Steering Committee held its meeting on July 11 in Rabat.

These sessions were convened in line with the memorandum of understanding. The memorandum was signed among participating national oil companies. The goal was to assess the project’s implementation status.

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The ONHYM statement revealed that detailed engineering studies for the pipeline were concluded in 2024.

Environmental and social impact assessments (ESIA) and survey studies for the northern section have also been finalised. Similar evaluations for the southern segment—spanning Nigeria to Senegal—are currently in progress.

The pipeline is designed to transport 30 billion cubic meters of natural gas per year. It will be developed in phases.

A holding company will be established. It will oversee governance, funding, and construction. Three Special Purpose Vehicles (SPVs) will manage specific project segments.

The discussion recalled a major policy breakthrough. This was the adoption of the Intergovernmental Agreement (IGA) at the 66th ECOWAS Summit in December 2024. This agreement clearly outlines the rights and responsibilities of the participating nations.

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The regional cooperation was further strengthened. The Nigerian National Petroleum Company Limited (NNPC), ONHYM, and the Togolese Gas Company (SOTOGAZ) signed a Memorandum of Understanding. This occurred on the sidelines of the Rabat meetings.

This agreement follows SOTOGAZ’s official inclusion in the project and complements earlier pacts signed with other partner countries.

The ONHYM statement emphasised the stakeholders’ satisfaction with the progress recorded and reaffirmed their collective commitment to maintaining the strong collaborative spirit necessary to deliver the project successfully.

Originally initiated by His Majesty King Mohammed VI of Morocco and Nigeria’s President Bola Ahmed Tinubu, the Nigeria-Morocco Gas Pipeline is envisioned as a strategic infrastructure project with far-reaching economic and geopolitical implications.

 It forms a key component of the Atlantic Initiative promoted by the Moroccan monarch and is expected to bolster regional integration, improve livelihoods, and position Africa more prominently on the global economic and energy map.

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The project is also expected to deliver significant socio-economic benefits to all transit countries, enhancing energy access, stimulating investment, and promoting intra-African trade and cooperation.

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ECONOMY

Macron pledges more French investment in Morocco

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French President Emmanuel Macron stated on Tuesday in Rabat that public investments from France would continue in the Kingdom of Morocco, including in the Sahara.

 Speaking before business leaders and economic operators at the closing of the “Morocco-France Entrepreneurial Meeting,” President Macron noted that the Kingdom is “the main client” of the French Development Agency (AFD) in terms of investments, assuring that the AFD would continue to fund projects in the Kingdom, including those undertaken by French companies in the Sahara.

 He emphasized that France aims to develop a fair, win-win economic partnership with Morocco, considering the multiple complementarities between the two economies.

The French President highlighted the existing industrial partnership across various sectors and called for greater integration of value chains in response to a context of “re-regionalization of tariffs.”

Additionally, Macron expressed regret that European and French financial groups are forced to leave Africa “due to regulatory rules and standards that Europeans have set for themselves.” “I believe this is a terrible strategic mistake. (…) We Europeans need to reflect on the rules and restrictions we have imposed on our institutions,” the French Head of State stated during this meeting focused on future strategic sectors.

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Co-organized by Morocco’s General Confederation of Moroccan Enterprises (CGEM) and the Movement of French Enterprises (MEDEF), through the France-Morocco Business Leaders Club, this meeting holds particular importance in the context of the French President Emmanuel Macron’s state visit to the Kingdom, at the invitation of His Majesty King Mohammed VI.

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France and Morocco sign €10 Billion Deal to Boost Economic Ties

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France and Morocco Ink €10 Billion Deal to Boost Economic Ties in High-Stakes Visit

One of the most significant outcomes of the visit by French President Emmanuel Macron to Morocco this week is the signing of a series of investment agreements valued at nearly €10 billion, marking one of the largest foreign investment pledges in the Maghreb and Mediterranean region.

The French President and King Mohammed VI of Morocco personally oversaw the signing of 22 contracts, signalling a renewed commitment to economic partnership and cooperation.

The agreements were finalized during Macron’s State visit to Rabat, where he was accompanied by his wife, Brigitte, and a substantial delegation of French ministers, business leaders, and intellectuals.

The contracts cover multiple sectors, including high-speed rail, green hydrogen, shipping, and aerospace.

Among the key highlights, French engineering group Alstom committed to supplying Morocco with up to 18 high-speed trains and will assist in building the high-speed rail connection between Tangier and Marrakech.

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This expanded transport network aims to enhance connectivity in the region and boost economic mobility.

Also prominently featured was a partnership between TotalEnergies and Morocco’s government to develop the nation’s green hydrogen infrastructure, a move that demonstrates  Morocco’s ambitions to become a renewable energy leader in Africa.

French energy giant Engie also signed an agreement with Morocco’s OCP to advance Morocco’s energy transition toward more sustainable and renewable solutions.

The French Development Agency (AFD), meanwhile, committed €350 million to aid Morocco’s efforts to decarbonize its phosphate industry, a critical part of the nation’s economy.

Furthermore, EDF, the French electric utility, pledged to expand Morocco’s Taza wind farm, a venture aimed at meeting Morocco’s rising energy demands while reducing carbon emissions.

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CMA CGM, France’s leading shipping company, announced a partnership with Marsa Maroc to co-manage the Nador West Med port, a strategic northern hub expected to handle over 1 million TEUs annually.

This 25-year agreement will expand the port’s capacity, making it a critical gateway for trade across the Mediterranean.

Rounding out the agreements, French aerospace giant Safran will establish a 25,000 square-meter LEAP engine maintenance facility in Casablanca, scheduled to open by 2026.

The plant aims to support Morocco’s growing role in the aviation industry and bolster Safran’s global maintenance network.

President Macron’s visit will conclude on Wednesday, and is poised to leave behind a strengthened Franco-Moroccan partnership with a focus on sustainable development, connectivity, and industrial growth.

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