Mohcine Jazouli in Abidjan May 2019

Moroccan textile exports hit new record, professionals seek action on upstream

Morocco’s textile industry has outperformed pre-pandemic levels hitting 3.26 billion dollars in exports up to November this year according to foreign exchange data, but professionals warn of the heavy dependence of Moroccan textile sector on imported material. For decades, Morocco is in the top 10 list of suppliers of the European market and takes the […]

Former French President Jacques Chirac Rushed to Hospital from Morocco to Paris

Former French President Jacques Chirac was rushed to hospital from the Moroccan Atlantic city of Agadir to Paris after falling sick on Sunday. Media reports say that Chirac was spending holidays at a Royal palace in Agadir when he was rushed on board a Royal jet to Paris. The family of the former French President […]

AfDB to invest $25 mln for renewables in sub-Sahara

The African Development Bank (AfDB) will invest up to $25 million in a private equity fund for renewable energy projects across Sub-Saharan Africa. According to the continental lender, the Board of Directors has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a $250 million private equity fund […]