First Independent Mena Newspaper
The Moroccan government and Boeing signed a partnership agreement to set up an African Center for Manufacturing Excellence (ACME), as the North African Kingdom seeks more technology transfer to develop its fast growing aerospace sector. The deal was signed at the opening of the Marrakech Air Show which brings together 200 exhibitors from different aerospace […]
Moroccan industry and investment departments signed an agreement with Brazilian aerospace giant Embraer to develop joint projects in the commercial and defense as well as urban aviation. The Memorandum of Understanding was signed at the opening of the Marrakech Air Show which brings together 200 exhibitors from different aerospace industries as well as 100 delegations […]
The support by French President Emmanuel Macron of Morocco’s sovereignty over the Sahara, opens promising prospects for French investments in the territory. Speaking to a Moroccan French business summit, during his state visit to the Kingdom oct. 28-30, President Macron urged more French investments across Morocco, including the Sahara, which he said, “is part of […]
Saudi Arabia promised $41 billion worth of investments in Sub-Saharan Africa, Saudi finance minister Mohammed bin Abdullah Al-Jadaan said. The investments include a $1 billion development program for Africa, $5 billion for startups from the Saudi Development Fund over the next decade, and $10 billion in financing from the Saudi Export-Import Bank. Additionally, private sector […]
Morocco signed two military and technical cooperation agreements with Azerbaijan and the Czech Republic covering areas of training, defense industry, technical assistance, exchange of expertise, military health and cybersecurity. The agreements were signed in a ceremony attended by minister delegate in charge of defense Abdeltif Loudiyi, Moroccan Army Commander of the Southern Zone Mohammed Berrid, […]
Sweden has joined the Netherlands and Luxembourg in making a significant contribution to Africa’s financial development, pledging 50 million Swedish crowns ($4.8 million) to the African Development Bank’s Capital Market Development Trust Fund (CMDTF). This investment, channeled through Sweden’s International Development Agency, aims to strengthen and integrate Africa’s regional financial markets. The initiative serves multiple […]
At the invitation of King Mohammed VI, President Emmanuel Macron spent three days on a state visit to Rabat that turned the page on three years of diplomatic frost, as the two countries embark on a “strengthened and renewed partnership” that paves the way for closer cooperation at all strategic levels. King Mohammed VI received […]
France intends to increase its consular and cultural presence in the Moroccan Sahara, in order to create a French alliance, French Minister of Europe and Foreign Affairs Jean-Noël Barrot announced in Rabat on Tuesday. “We are going to increase our consular and cultural presence there, in order to create a French alliance,” said Barrot, during […]
Members of a high-level delegation from the Washington Institute for Near East Policy (WINEP) on Tuesday said that they were “impressed” by the remarkable development momentum in the Dakhla-Oued Eddahab region, as well as the projects launched in various fields. The delegation members, currently on a working visit to Morocco, expressed their admiration for the […]
On Tuesday in Rabat, French President Emmanuel Macron announced that France’s public investments in Morocco, including in the Sahara, will continue. Speaking to business leaders and economic stakeholders at the conclusion of the “Morocco-France Entrepreneurial Meeting,” Macron highlighted Morocco as the “leading client” of the French Development Agency (AFD) for investments. He emphasized that the […]