Taken by surprise by the new call for dialogue launched by King Mohammed VI, the greedy, feckless and oppressive Algerian rulers shied away and unleashed the state-controlled media against Morocco and its institutions. In a speech delivered Saturday on the occasion of Throne Day, the Moroccan Monarch called on Algerian president to open borders and […]
Author: North Africa Post
AfDB launches transaction guarantee to support SMEs, trade in Africa
The African Development Bank, through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The guarantee will cover an array of trade finance instruments, including confirmed letters […]
Europa Oil & Gas launches farmout initiative of Inezgane Permit offshore Morocco
Europa Oil & Gas, the UK, Ireland and Morocco focused oil and gas exploration, development and production company, announced this Tuesday Aug.3 the formal launch of the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore Morocco in the Agadir Basin, awarded to the Company in 2019. Simon Oddie, CEO of Europa […]
Moroccan soldiers take part in military drills in Israel
Moroccan special forces took part in HD Annual 21 military drills in Israel alongside 8 other armies in an exercise that focuses on honing skills in urban warfare tactics and dealing with nuclear arms. A Moroccan C 13o Hercules has landed in early July at Hatzor air base. It was transporting Moroccan special forces […]
Tunisia’s constitutional crisis escalates political event risk, dims economic reform prospects – Moody’s
“The absence of a constitutional court in Tunisia increases the risk of a prolonged political crisis, Moody’s Investors Service deemed in an issuer comment at the end of July, reports TAP news agency. This will further slow reform implementation upon which hinge disbursements under the umbrella of an envisioned new IMF loan agreement, according to […]
UK Biwater to build another wastewater treatment facility in Morocco
UK company Biwater has been picked up by Moroccan authorities to design and construct a new wastewater treatment facility for Moulay Bousselham, a fishing village and tourist destination positioned on the north coast of Morocco’s extensive coastline. The new wastewater facility will provide pre-treatment, biological treatment and advanced tertiary treatment, including closed low pressure ultraviolet […]
Tunisian President continues purge, fires Finance and Technology ministers
Tunisian President Kais Saied has dismissed Finance and Technology ministers of the cabinet of outgoing Prime Minister Hichem Mechichi as he continues the purge at top state level. A statement from the presidential office said Ali Koli, Minister of Economy, Finance and Investment Support is replaced by Sihem Boughdiri, a senior official at the ministry. […]
Will Algerian regime respond to Morocco’s fraternal calls to mend ties?
Morocco’s king has made a sincere call to the Algerian president to work together to improve relations and open borders, underlining the close ties between the two brotherly peoples whom he described as twins. But will the rulers of Algeria respond to this call? In a speech marking the Throne Day, King Mohammed VI reiterated […]
Covid-19: Curfew extended from 9 p.m. to 5 a.m.; travel to and from Casablanca, Marrakech, Agadir banned
The Moroccan Government has extended the night curfew from 9 p.m. to 5 a.m. instead of 11 p.m. to 4.30 a.m. and banned travel to and from the cities of Casablanca, Marrakech, and Agadir, part of a series of tightened measures to curb the spread of the Covid-19 pandemic in view of the considerable increase […]









