First Independent Mena Newspaper
The EU will offer $150 million in support to Morocco’s education sector in its efforts to promote distance learning which has become vital amid a lockdown to counter the coronavirus outbreak. In this regards, the EU, Morocco’s finance ministry and education ministry signed a deal to help invest the money to promote Morocco’s educational offer, […]
Morocco and the European Union discussed on Monday new partnership opportunities in the aftermath of the coronavirus pandemic which has affected global trade and economy. During videoconference talks with the European Commissioner for Competition Margrethe Vestager, Moroccan minister of Industry and Trade Moulay Hafid Elalamy called for “a deep review of the EU- Morocco partnership” […]
Morocco’s ports authority ANP reported a 5.5% rise to 28 million tons in commercial traffic through Morocco’s ports compared to the same period last year, despite the restrictions that disrupted much of the global trade due to the coronavirus pandemic. The ANP ascribed the performance to a 34% surge in cereals imports, which amounted to […]
The assistance operation conducted every Ramadan to support needy families in Morocco was launched at the instruction of King Mohammed VI this Saturday, which marks the first day of Ramadan in the country. King Mohammed VI gave his instructions for the launch of the Ramadan 1441 food distribution operation, for 600,000 needy families, including 459,504 […]
Mauritanian authorities have paved the way for Moroccan trucks carrying fresh produce and foodstuff to ensure an adequate supply of its domestic market, Mauritanian trade ministry said. In this respect, Mauritanian authorities have opened a special station in the capital Nouakchott for these trucks to unload and for drivers to rest, the ministry said. Measures […]
The Moroccan National Confederation of Tourism has sounded the alarm. The tourism sector has been severely affected by the coronavirus pandemic and the lockdown it entailed worldwide. The tourism sector and all the activities that shape its value chain, i.e. hotels, restaurants, travel agencies and distribution networks, ground transportation and car rentals, event industry and […]
Morocco’s high commission for planning issued bleak figures on the impact of coronavirus, which pushed 142,000 companies to halt activity, forcing 700,000 to temporary or lasting unemployment. In total, 57% of Moroccan enterprises, mostly small and medium sized have ceased operations. These comprise 135,000 enterprises that closed temporarily and 6,300 that declared bankruptcy, the HCP’s […]
Morocco will boost daily facemask production from 6 million to 8 million, said industry minister Moulay Hafid El Alamy, noting that the country has produced a total of 80 million masks so far. El Alamy, who was speaking to 2M tv channel, said that logistics issues are being addressed to ensure the availability of face […]
Morocco braces for a meagre crop this year as a result of drought which cut output 42% to 30 million quintals, the agriculture ministry said. Morocco’s reserves of wheat is enough to meet the needs of domestic consumption for 4.5 months said the ministry reassuring the availability of flour, the basic staple, during Ramadan and […]
The European Bank for Reconstruction and Development (EBRD) announced on Tuesday a €145 million financing facility to Moroccan Bank of Africa (BMCE Group) to support the country’s coronavirus response. This is the first investment to be delivered under the EBRD’s coronavirus Resilience Framework that was set up to meet the immediate short-term liquidity and working […]