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Arab world urges Morocco to show the way in automobile industry

The Arab parliament has urged Morocco to make available its experience and know-how in the automobile industry to other Arab countries so the latter can set up robust automobile industries, Le360.ma reports. The call came Tuesday from members of the Committee of the Arab Parliament in charge of scientific research, innovation and digital during a […]

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Africa’s FDI in 2023 led by mining, gas sectors, but global headwinds loom

Foreign direct investment (FDI in Africa looks set for a strong 2023 thanks to some lucrative mining and gas projects, but an IMF report warns countries on the continent need to build resilience to manage the inevitable shifts in trade and FDI flows. After a lackluster investment climate during 2022, FDI flows into Africa are […]

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Morocco a ‘strategic partner’, ‘not just any neighbor’ – Spanish FM

Spanish Foreign Minister, José Manuel Albares, has once again described Morocco as “a strategic partner,” saying it is “not just any neighbor” for Spain. “Morocco is a strategic partner, not just any neighbor. You have to have the best relations with its neighbors, in this case Morocco, and that is what Spain has achieved,” Albares […]

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Nigeria commissions Africa’s largest oil refinery in bid to end fuel imports

Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a net exporter of petroleum products, though doubts persist that securing crude supplies could delay achieving full production this year. The new refinery, owned by Africa’s riches man Aliko Dangote, was […]

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AU Political Affairs Commissioner commends Morocco’s ‘unwavering’ commitment to democracy promotion

The Commissioner for Political Affairs, Peace and Security of the African Union (AU) Bankolé Adeoye commended, Tuesday in Rabat, Morocco’s “unwavering” commitment to democracy promotion. In an address at the opening of the 2nd training cycle for African election observers, which he co-chairs with the Minister of Foreign Affairs, Nasser Bourita, Adeoye stressed that “the […]

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Morocco’s UIR and Israel’s aerospace industries team up to set up excellence center

Rabat’s International University (UIR) and Israel’s Aerospace Industries (IAI) agreed to jointly set up a center of excellence on aeronautics, artificial intelligence, and innovation. A memorandum was signed as a follow up to a deal in this regard by the president of UIR Noureddine Mouaddib and Eytan Eshel CTO of IAI in a ceremony attended […]

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Renewable Energy: Morocco called to share its successful experience – AfDB President

Morocco is called upon to share its successful experience in renewable energies with African countries, said President of the African Development Bank (AfDB) Akinwumi Adesina, who is taking part in the AfDB annual meetings held in Sharm el-Sheikh, Egypt, this May 22-26. Morocco aimed high in capitalizing on renewable energy to develop its economy, said […]

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Morocco should build on its strategic metals to achieve industrial sovereignty

Rich in phosphates and cobalt deposits, Morocco is poised to attract investments in the fields of electric batteries and environment-friendly vehicles as it pushes to achieve industrial sovereignty and expands high-tech manufacturing. The country’s officials have on multiple occasions mentioned an active quest to attract investors to build a gigafactory that will lure other EV […]

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Tanger Med Port, world’s 4th best performing container port- WB ranking

The World Bank issued its ranking of the globe’s best performing container ports, giving the fourth place to Tanger Med, which has outperformed African and Mediterranean counterparts. The report dubbed Container Port Performance Index (CPPI), compares operational performance across ports using 2022 data. Morocco’s Tanger Med port was only outperformed in the ranking by China’s […]

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DRC leader’s upcoming visit to China to pave way for signing of key trade, mineral deals

President of the Democratic Republic of the Congo (DRC), Felix Tshisekedi, will pay a state visit to China from 24-29 May where he is expected to meet President Xi Jinping and their meeting is widely expected to pave the way for the two countries to seal several key trade deals, including a $6 billion infrastructure-for-minerals […]