made-in-morocco-2015

Morocco-Benin: LEMO takes over Benin Water Company

The Moroccan Oulmès water company (LEMO) announced Wednesday it notched a deal with the Benin water company “Eau Techonologie Environnement” (ETE) becoming the main shareholder of ETE with 55%. The deal was signed on August 17 after LEMO clinched 55% shareholding from Cauris Croissance Fund (45.74%) and Christian Mondjanagni (9.26%) founder and shareholder at ETE. […]

Morocco, Spain renew interest in undersea tunnel

The long-discussed undersea tunnel that would link Morocco and Spain across the Strait of Gibraltar has gained fresh momentum following the signing of new contracts aimed at reviving the ambitious infrastructure project. Spain’s Ministry of Transport has commissioned public company EniCo to conduct a comprehensive financial feasibility study, backed by €350,000 in funding from the […]

Morocco calls on Europe to adopt bold positions regarding the Sahara

Moroccan Foreign Minister said that the autonomy plan is gaining support among European countries citing France as the first country to back the proposal, but said that Europe needs to adopt bolder positions in view of the fallout of the status-quo on regional peace and stability. Speaking at a press conference following a ministerial event […]