SM-Le-Roi

India, African nations deepen naval ties with first-ever joint maritime drill in Tanzania

India and nine African nations have launched the sea phase of AIKEYME-25 — or Africa India Key Maritime Engagement — the first-ever joint naval drill aimed at enhancing maritime security in the Western Indian Ocean. Co-hosted by India and Tanzania, the six-day exercise marks a major step in strengthening strategic cooperation between India and nine […]

Casablanca‑Settat becomes first Moroccan region to issue bond

Morocco’s Casablanca‑Settat region has become the first regional authority in the country to tap the capital markets, issuing 1 billion dirhams (€92 million) local-currency bond with cornerstone support from the European Bank for Reconstruction and Development (EBRD). The EBRD said it invested MAD 400 million (€36.8 million) in the issuance, helping to ensure the bond’s […]

Morocco largest watermelon supplier to EU

Exports of Morocco’s watermelons to the EU exceeded that of Spain for the first time in the first half of 2021 as the Kingdom’s pursues an agricultural development strategy to bolster overseas sales. Morocco exported 203 million kilos of watermelons to different EU countries compared with 196 million kilos the same period last year, EU […]