Business Headlines Morocco

Dakhla Atlantic mega project to foster Morocco’s role as continental, international economic crossroads – Jeune Afrique

With the Dakhla Atlantic “mega project”, Morocco is pursuing its port construction policy in order to “foster its role as a continental and international economic crossroads”, writes the pan-African magazine “Jeune Afrique” on Saturday. On its Atlantic coast, Morocco, after the ports of Mohammedia, Casablanca, Jorf Lasfar and the new port of Safi, among others, […]

Business Europe Headlines International Morocco

Any ECJ decision backing separatists will trigger heavy repercussions for Europe- Financial Times pundit

Morocco would not remain arms crossed if the European Court of Justice gives up to the Algerian-backed separatist front that is challenging a deal that covers products from the Moroccan Sahara in EU trade, agricultural and fisheries deals, an energy pundit said. If the ECJ backs the separatist front with a ruling this could have […]

Africa Business Finance Headlines International

Africa calls for $100 billion IDA funds to help boost its economy

Heads of State and Government from some 15 African countries attended the 20th replenishment meeting of the International Development Association, commonly known as IDA-20. This year, the African heads of state have called for an ambitious replenishment of the ida-20, at least $100 billion, to support their recovery agenda and help revive their economies, which […]

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AfDB loans Tunisia €60m to roll out economic recovery program

The African Development Bank, AfDB, Wednesday said it has lent Tunisia €60 million to back the North African country’s economic recovery plan and social inclusion, Webdo Tunis reports. The credit line, according of the bank, will support the dynamics of economic recovery by improving the investment climate, preserving employment and promoting social inclusion through new […]

Americas Business Energy Europe Headlines International Morocco

Morocco to start production of green ammoniac, hydrogen by 2022

Morocco will start producing green ammoniac and hydrogen by next year following an agreement signed Tuesday to launch HEVO Ammoniac Maroc by two global leaders in the sectors. The Portuguese technology company Fusion Fuel Green and the Consolidated Contractors Company (CCC), an American engineering solutions provider signed the agreement for the realization of the HEVO […]

Business Europe Headlines International Morocco

Morocco-France trade balance posts surplus in favor of kingdom thanks to automobile industry – French ambassador

Morocco has turned the tide in the trade balance with France over the past decade with a booming automobile industry, French ambassador Hélène Le Gal has told online media le360.ma. “We have gone from a French trade surplus to a Moroccan trade surplus, because Morocco exports much more to France than it imports. Morocco exports […]

Business Europe Headlines International Maghreb Morocco

OCP Group joins ESPP to support sustainable management of phosphorus

Morocco’s state-owned phosphate Group (OCP) has joined the European Sustainable Phosphorus Platform (ESPP) to contribute to the promotion of sustainable management of phosphorus. “We are pleased to become an ESPP member. Phosphorus is a vital resource and we are committed to maximizing the potential of this resource, through innovation and R&D to continue to create […]

Asia Business Headlines International Maghreb Morocco

UAE will invest in Moroccan Sahara & contribute to its development

The United Arab Emirates will invest in Moroccan Sahara and support the socioeconomic development gaining momentum in Morocco’s southern provinces under the leadership of King Mohammed VI, said on Monday Emirati Consul General in Laayoune, Issa Al-Balushi. Addressing the Moroccan-Emirati Business forum held in Laayoune, capital of the Moroccan Sahara, Al-Balushi said this forum reflects […]

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French AFD supports Morocco’s farming strategy with €150.6 Mln funding

French Development Agency (AFD) has provided Morocco €150.6 million destined to support the Kingdom’s new agricultural strategy “Generation Green 2020-2030”. Two agreements were signed Monday in Rabat by the two sides in presence of France’s Ambassador to Morocco Hélène Le Gal. The AFD funding will help the North African Kingdom to strengthen its agricultural marketing […]

Asia Business Headlines International Morocco

Laayoune hosts Morocco-UAE Business Forum

The Moroccan Sahara city of Laayoune is hosting the Morocco-United Arab Emirates Business Forum held under the theme ”A New Outlook, New Partnerships.” The forum, held under the High Patronage of King Mohammed VI, aims to showcase the region’s potentialities and partnership and trade opportunities for Emirati economic operators and investors. Organized by Laayoune-Sakia El […]