general assembly

Morocco to start manufacturing trains in 2030

As Morocco expands its rail network, it also works to become a manufacturing hub with the first Morocco-made trains expected to be on the market in 2030, Mohamed Samouni head of Morocco Train Industry Cluster said. Speaking to Medias24, he noted that Moroccan train exports will have to wait until 2035. Samouni, who is also […]

Madagascar: Christian Ntsay re-appointed as Prime Minister for new term

Madagascar’s recently re-elected President Andry Rajoelina has re-appointed on January 4 his former Prime Minister Christian Ntsay for the same position, as he begins a second term in office following November disputed elections. Rajoelina Thursday told lawmakers of his party and allies that three criteria led him to choose Ntsay as Prime Minister. “Loyalty is […]

Moroccan Banks: Profits hit MAD 3.4 billion in 2019 first quarter

At the end of the first quarter of 2019, Morocco’s banking sector posted a 6% increase in profits compared to last year, with 3.4 billion dirhams (MAP). The first three months of the year 2019 were favorable for the banking sector, states local daily, l’Economist, in its Monday issue. Overall income of the banking sector […]