First Independent Mena Newspaper
In the face of the paralysis crippling the Maghreb union, Morocco opted to look south reaching out to its partners in West Africa with whom it has been building partnerships on a sound foundation underpinned by a south-south cooperation approach. The recent request by Morocco to join the West African economic community (ECOWAS) is the […]
Côte D’Ivoire has been receiving most of Morocco’s foreign direct investments thanks to sustained efforts by the business community in the two countries and the existence of a strong political willingness evidenced by the close ties between the leadership of the two countries. The current visit of King Mohammed VI to Abidjan is part of […]
The kingdom has emerged as the leading African fish producing country and 25th in the world. The announcement was made by the kingdom’s National Bureau of fishing (ONP) on the sidelines of the 4th International Fisheries Fair Halieutis in Agadir, local media leconomiste.com reports. The kingdom caps the ranking with over one ton of fish […]
Director of the International Monetary Fund Christine Lagarde lauded Morocco for the efforts it undertook to restructure its economy. In an interview with weekly magazine, Jeune Afrique, Lagarde said Morocco is leading successful restructuring of its economy without depending on oil or agricultural commodities. She recalled that the credibility of Morocco’s reform earned it an […]
US magazine Newsweek highlighted that Morocco’s readmission to the African Union offers an opportunity to further boost trade with African countries. The magazine notes that on the economic front Morocco’s return to the AU will enable it to “benefit from intra-African trade regions to the same extent as other countries.” Membership in the continental bloc […]
King Mohammed VI started Wednesday an official visit to South Sudan, first of its kind in this African country, which gained independence from Sudan in 2011. This historic visit, which reflects Morocco’s attachment to South-South cooperation based on solidarity, mutual respect and win-win partnership, was marked by private talks held in Juba between the Moroccan […]
Ottawa’s Ambassador to Rabat Nathalie Dubé said that the North African kingdom offers a platform and a gateway to Canadian investments and exports towards the rest of Africa. In a letter sent to the Moroccan chamber of commerce in Canada, Dubé praised diplomatic ties with Rabat and called on Canadian businessmen to grab the investment […]
Managers of Morocco’s Renault factories in Tangier and Casablanca voiced satisfaction at the steady growth of their exports, which target 73 destinations. CEO of Renault’s Morocco group, Mark Nassef said in a press conference that the French car manufacturer exported 303.892 cars made in Morocco in 2016 compared to 256.537 cars in 2015. He noted […]
Moroccan and Ghanaian businessmen reviewed on Monday in Accra ways of boosting further investment and strengthening partnership in various sectors. The gathering was an opportunity for the Moroccan delegation to highlight the business and investment trends in the North African Kingdom known for its political stability, tolerance, open economy, sustained economic growth with inflation and […]
The General Secretariat of the Union of Arab Banks released a study underscoring the resilience of the Moroccan banking sector, which remains insulated from external risks that could affect its performance. The Beirut-based Union added that the Banking sectors of Morocco, Jordan, Lebanon, Palestine and Sudan show high resilience thanks notably to political conditions. The […]