First Independent Mena Newspaper
Morocco’s flag carrier Royal Air Maroc (RAM) has launched Friday a Dakhla-Paris route, which becomes the first direct air route between Dakhla and the European continent, announced the national company. “This flight is a historic première, as it is the first international airline linking Dakhla to a city on the European continent (except for the […]
The World Bank approved a $450 million loan to support Morocco’s reforms to expand the availability of financial services and digital infrastructure for individuals and businesses, as well as improving financial inclusion and digital entrepreneurship. The loan seeks to deepen reforms aimed at boosting the financial resilience of households and micro-, small-, and medium-size enterprises […]
Morocco received three prizes in the “Global Capital Bonds Awards 2021”, the Ministry of Economy & Finance announced on Friday. Morocco was thus ranked as the best issuer of international bonds in Africa; the 2nd best issuer in the category “Emerging Markets”; and the best manager of the international financial market in the African region, […]
OCP Maintenance Solutions, a subsidiary of the state-owned Moroccan phosphate group, has teamed with American Boston Consulting Group (BCG) to provide innovative solutions, integrating industrial expertise, digital and artificial intelligence (AI) to industrial groups in Africa and beyond. The two sides have sealed a partnership to combine their respective expertise in AI and data […]
Nigeria’s federal government prepares to launch works to build a pipeline that will channel gas to Morocco through a combined offshore and onshore track. The announcement was made by senior official at the Nigerian National Petroleum Corporation (NNPC), Yusuf Usman, during an interview with local NewsDirect newspaper. Feasibility studies have been completed and Nigeria is […]
In accordance with the instructions of King Mohammed VI urging several institutions and stakeholders to facilitate the return back home for the summer holidays of members of the Moroccan community abroad, Moroccan authorities took a number of moves to ensure their return in the best conditions. Thus, flag carrier Royal Air Maroc (RAM) announced the […]
Morocco after taking a leap of faith in betting on its agribusiness sector is reaping the fruits with thousands of jobs created and sizeable revenues generated, despite standing challenges including fierce competition on the international markets. In 2014 and 2017, the kingdom through respectively a Memorandum of Understanding (MoU) and program contract agreements signed with […]
The African Union, AU, is counting on the Moroccan Tanger Med Port to achieve the logistics integration of the continent, a key objective of African Continental Free Trade Area agreement CFTA. Tanger Med Port is awash with opportunities for the continent, said Wamkele Mene, Secretary General of the CFTA Secretariat. Speaking during a recent online […]
The industrial production of cannabis in Morocco as recently approved by the legislature will generate a lot of opportunities for other industries, experts have told Le360.ma. The North African country last month joined the group of countries which decriminalized the growing of cannabis. 119 lawmakers approved the move which has been in the pipeline for […]
Morocco’s phosphates and fertilizer producer OCP Group raised 1.5 billion dollars in a dual tranch-bond that is aimed at boosting its growth strategy. The group has become a key player in fertilizer production and plans plants in Nigeria and Ethiopia as well as blending units across the continent. Demand for the bond, which was arranged […]