Ahmed Eljechtimi

Rabat

Covering Morocco for @Reuters. Opinions my own. Retweets aren’t endorsement. [email protected] alum @UniofExeter @CollegeofEurope @UIZAgadir

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Articles

UK backs Morocco’s autonomy plan for Western Sahara, Lammy says

5 days ago | kfgo.com | Ahmed Eljechtimi

By Ahmed EljechtimiRABAT (Reuters) -Britain’s foreign minister, David Lammy, said on Sunday that the UK considers Morocco’s autonomy proposal as the most feasible basis to resolve the conflict over Western Sahara.
Morocco's Bank of Africa reports 26% rise in first-quarter profit

1 week ago | zawya.com | Ahmed Eljechtimi

EARNINGSNet banking income rose 11% to 5 billion dirhams, the bank said, noting an improvement in interest and fee marginsMay 29, 2025Bank of Africa, Morocco's third-largest lender, reported a 26% increase in profit attributable to shareholders to 920 million dirhams ($99.5 million) in the first quarter, driven by a rise in net banking income. Net banking income rose 11% to 5 billion dirhams, the bank said, noting an improvement in interest and fee margins.
Quênia apoia plano do Marrocos de autonomia para o Saara Ocidental, diz declaração

1 week ago | terra.com.br | Ahmed Eljechtimi

O Quênia disse nesta segunda-feira que apoia o plano do Marrocos de dar autonomia à região disputada do Saara Ocidental sob a soberania marroquina, juntando-se a um número crescente de países africanos, árabes e ocidentais que se inclinaram a apoiar Rabat no conflito de cinco décadas.
Kenya backs Morocco's autonomy plan for Western Sahara, joint statement says

1 week ago | reuters.com | Ahmed Eljechtimi

Kenyan Prime Cabinet Secretary Musalia Mudavadi attends the United Nations climate change conference COP29 in Baku, Azerbaijan November 12, 2024. REUTERS/Aziz Karimov/File Photo RABAT, May 26 (Reuters) - Kenya said on Monday it supports Morocco's plan to give the disputed region of Western Sahara autonomy under the North African kingdom's sovereignty, joining a growing number of African, Arab and Western countries that have tilted towards backing Rabat in the five-decade conflict.
Moroccan utility ONEE granted $340mln in loans for energy transition

2 weeks ago | zawya.com | Ahmed Eljechtimi

Moroccan water and power utility ONEE said it has been granted 300 million euros ($340 million) in loans from the European Investment Bank (EIB) and German state lender KfW to support integration of renewable energy into the national grid. The financing package comprises 170 million euros from the EIB and 130 million euros from KfW, the utility said on Friday, adding that the money will be used to expand its electricity transmission network by 730km.
Morocco to spend $670mln to replenish livestock up to 2026

2 weeks ago | zawya.com | Ahmed Eljechtimi

RABAT - Morocco plans to spend 6.2 billion dirhams ($670 mln) on a 2025-2026 programme to replenish its livestock herd, which has been reduced following years of prolonged drought, agriculture minister Ahmed El Bouari said on Thursday. Six years of drought caused mass job losses in the farming sector and reduced the cattle and sheep herds by 38% this year, compared to the last census nine years ago.
Gotion to begin building Morocco gigafactory 'within days'

2 weeks ago | reuters.com | Ahmed Eljechtimi

RABAT, May 21 (Reuters) - Gotion Power Morocco, a subsidiary of Sino-European electric vehicle battery maker Gotion High Tech, will begin building its gigafactory in the north African country "within days," the company's Morrocan head Khalid Qalam said on Wednesday. Gotion High Tech signed an investment deal with the Moroccan government in June last year to set up the first gigafactory in Africa near Kenitra, northwestern Morocco, for a total investment $6.5 billion. Sign up here.
Morocco, TAQA, Nareva team up to develop energy, desalination projects

2 weeks ago | reuters.com | Ahmed Eljechtimi

RABAT, May 19 (Reuters) - Moroccan electricity and water utility ONEE has signed deals for projects from desalination to renewable energy and transmission lines with a consortium comprising the Mohammed VI Investment Fund and energy groups TAQA Morocco (TQM.CS), opens new tab and Nareva, it said on Monday. TAQA Morocco, a unit of Abu Dhabi's TAQA Group, said the deals represented a total investment of 130 billion dirhams ($14.05 billion).
Taqa Morocco shares suspended pending major announcement

2 weeks ago | zawya.com | Ahmed Eljechtimi

The shares of Taqa Morocco, the country's largest private electricity producer, have been suspended from trading on Monday pending a major announcement, the Casablanca stock exchange said. The decision came at the request of bourse regulator AMMC. Taqa Morocco is the third-largest company by market cap on the stock market. (Reporting by Ahmed Eljechtimi, Editing by Louise Heavens)
French development agency to invest in Morocco-ruled Western Sahara

3 weeks ago | timeslive.co.za | Ahmed Eljechtimi

13 May 2025 - 10:45 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. The Western Sahara conflict dates back to 1975 and pits Morocco, which considers the territory as its own, against the Algeria-backed Polisario front, which seeks an independent state called the Sahrawi Republic. Stock photo.