Edita Food Industries (EFID), one of Egypt’s largest food companies, will inaugurate a production factory in Morocco by end of this year, a top official of the company told Almal News. Hani Barzi, Chairman of the company told the media that the factory was planned for last year but the pandemic and the lockdown […]
Morocco’s Royal Navy and the US navy have conducted lately a joint naval exercise to enhance interoperability between the two allies. According to US naval forces Europe-Africa, the Expeditionary Sea Base USS Hershel “Woody” Williams (ESB 4) participated in the tracking training exercise with the Moroccan Navy’s Floreal-class Frigate Mohammed V. The Moroccan warship worked […]
The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]
