First Independent Mena Newspaper
Morocco’s largest private electricity producer, Taqa Maroc, has launched a renewable energy subsidiary to take care of its solar projects, Moroccan media said. UAE firm Taqa Maroc is listed on the Casablanca stock exchange and has reported a first quarter revenue of 4.09 billion dirhams, up 53.9% from last year as coal prices drop. It […]
Morocco reinforces its firefighting capacities with the reception of a 6th Canadair water bomber, while two others will be delivered soon, defense news portal FAR Maroc said. Hit by the worst drought in decades and the hottest year in over four decades, Morocco fought 500 wildfires that affected over 22,000 hectares last year. This year, […]
Moroccan private clinic operator Oncorad raised 45 million dollars via private equity funds France’s Stoa and Morocco’s CDG Invest as part of an effort to fund its expansion plan, it said. Oncorad plans to have 30 clinics by 2026 as it sees a pressing need to fill in shortages in private hospitals especially in remote […]
RwandAir has partnered with Qatar Airways to launch a major new African cargo hub — Kigali Cargo Hub — to help Rwanda’s flag-carrier develop its capital, Kigali, into a regional cargo powerhouse. The new Kigali Cargo Hub is part of a long-term strategic plan for the cargo division of RwandAir, which has seen cargo carried […]
Head of the Moroccan government Aziz Akhannouch defended his cabinet bill with regards to agriculture input highlighting the rewards of the Green Plan launched in 2008 amid fierce critics by the opposition which laments a lack of “full food sovereignty” and a predominance of exports over satisfying domestic market needs. Speaking at a parliamentary session, […]
Morocco and the United Nations will celebrate International Argan Day on May 10 at the United Nations headquarters in New York, under the theme “Local socio-economic development and sustainability of the Argan ecosystem.” Since its proclamation by the UN General Assembly in March 2021, May 10 of each year has been celebrated as International Argan […]
Morocco’s tourism promotion office ONMT signed deals with Asian tourism professionals and operators in a push to showcase Morocco’s attractions and attract more arrivals. The deals aim to double flights from Gulf airports, a key hub connecting Morocco to the rest of Asia and Australia. The ONMT also agreed with Wego group, a search engine […]
The African Continental Free Trade Area (AfCFTA) will facilitate economic growth and development on the continent that is projected to become the world’s fastest-growing region, with six out of the ten fastest-growing economies in 2023 being African countries, according to a new report by the Mo Ibrahim Foundation. The AfCFTA presents a huge opportunity for […]
Morocco is endeavoring to develop and modernize agricultural sectors. To this end, 19 new generation program contracts, covering 10 years, were concluded between the State and the profession, on the sidelines of the International Agricultural Show in Morocco (SIAM) held in Meknes. The contracts are worth 110.698 billion dirhams to which the State will contribute […]
Members of a delegation of British Conservative MPs from the House of Lords, on a working visit to Morocco, said, Thursday in Laayoune, that they have been “impressed” by the level of development in the Laayoune-Sakia El Hamra region and the projects launched in all areas. This visit has allowed the Lords to see on […]