First Independent Mena Newspaper
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Morocco has added France, Spain and Portugal to the B list which requires non-vaccinated travellers to self-isolate in a hotel for ten days. The new directive was relayed on the health ministry’s website and caused disarray among travellers who booked their flights prior to the announcements. France, Spain and Portugal have been in the A […]
Morocco’s lower house adopted a draft bill on tax reform that aims at achieving tax equity and boosting state tax revenues to fund development projects. The new text also aims at curbing the tax evasion and reduce the size of the informal sector, while making tax incentives more rational in case of the absence of […]
Morocco has unveiled a landmark deal to produce Africa’s first Covid-19 vaccines in partnership with China’s Sinopharm and made it clear that the goals are meeting self-sufficiency in key vaccines and exporting to the rest of the continent. The North African country is expected to start production with 5 million doses of the coronavirus vaccine […]