Anders-Samuelsen

EBRD Lends €16 Mln to Varroc Lighting Systems Morocco

The European Bank for Reconstruction and Development (EBRD) announced Friday a €16 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The loan will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant in Kenitra, as well […]

Cracks widen in Polisario’s edifice as militiamen defect to Morocco

The Polisario separatist militias are more frail than ever with the increase in defections within their ranks and the weakening of their paymaster Algeria, which has been grappled with pro-democracy protests for months. A new nail adds to the Polisario’s coffin with the return to Morocco of Salamu Bellal and Mohamed Hamdi Bouchelka both officers […]

Brussels: Morocco, EU sign exchange of letters amending agricultural agreement

Morocco and the European Union signed the exchange of letters amending the agricultural agreement binding both parties on Friday at the European Commission headquarters in Brussels, reflecting their strong partnership grounded in extended multidimensional cooperation. Signed on Morocco’s side by Ambassador to the EU, Ahmed Réda Chami, the agreement immediately enters into force provisionally, pending […]