Morocco calls for setting up an economic forum of Community of Sahel-Saharan States

Morocco has called on businessmen of the Community of Sahel-Saharan States (CEN-SAD) to set up an economic forum to enhance dialogue, contacts and joint cooperation in regional and international markets. The call was made by Foreign Minister Nasser Bourita in an address he made Tuesday in Rabat at the preparatory meeting for the 21st Ordinary […]

Morocco’s Akwa Africa to acquire Totalenergies business in Mauritania

Akwa Africa, a subsidiary of Moroccan Akwa group, is set to acquire Total Energies fuel distribution subsidiary in Mauritania, the competition council said. The council said it was informed about the sale without offering details on the transaction which Financial Afric said would amount to 185 million dollars. Akwa Africa was established to help the […]

Railways: Morocco’s ONCF Receives First Batch of Prima Electric Locomotives

Morocco’s national railway operator ONCF has received lately the first of 30 Prima M4 locomotives being manufactured by the French Alstom company under a €130 million deal concluded in 2018 between the two sides. The Prima M4 locomotives have a nominal power of 5.5 MW. The maximum running speed is 160km/h. Being electric, the M4 […]