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Houthis’ Red Sea attacks spike Asia-Morocco shipping cost by over 60%
The hijacking of commercial ships and drone attacks by the Iran-backed Houthi rebels have disrupted global supply chains and sparked a jump in Asia-Morocco shipping costs by 60% to 100%. “The cost of shipping a 20-foot container from Shanghai to Casablanca increased from $1,450 to $2,800 (from €1,324 to €2,557) since last month’s 15th,” Rachid […]
Djibouti inks $1bn deal with Hong Kong company to build rocket launch site
Djibouti has inked a preliminary technological cooperation agreement with Chinese multinational Hong Kong Aerospace Technology to build a $1bn satellite and rocket launch site which could see the launch of the first Africa-made satellite from the African continent. The deal with the Hong Kong-based company, which was signed by Djibouti’s President Ismail Omar Guelleh, includes […]
12th African Games opened at official ceremony in Rabat Monday
The official opening ceremony of the 12th African Games was held Monday at the Moulay Abdellah Stadium, in Rabat, under the chairmanship of Prince Moulay Rachid. Beautiful frescos celebrating the Morocco of peace and tolerance, symbolizing the diversity of the Kingdom, its artistic and cultural wealth, and representing the colors of the Moroccan flag, the […]



