First Independent Mena Newspaper
Morocco’s Ymmy Finance Holding and Niger’s authorities signed deals worth $3.3 bln to facelift Niamey by building new industrial, recreational and energy facilities. Six projects have been retained in the agreements over 8 years as part of a public-private partnership after two years of talks between officials of the Holding and Niamey authorities. The projects […]
Morocco’s irrigation and farming technologies firms CMGP and CAS recently announced a merger with eyes on expanding activity in the African continent. Following the merger, the new company will be called CMGP-CAS and will pool efforts to ensure the expansion of efficient irrigation and agricultural water management technologies to enable greater output and sustainability in […]
Moroccan international and Madrid-born Achraf Hakimi has inked a five-year contract with France giants and Qatar-owned Paris Saint Germain (PSG). The Inter Milan player joins the League 1 powerhouse for €71 million, bonus included. The 22-year player is touted as one of the world’s best fullbacks after playing 45 matches and scored 7 goals for […]
Morocco, which is taking the lead in the global fight against the coronavirus, is advancing resolutely towards becoming a main producer of vaccines including anti-covid jabs. To secure its self-sufficiency and autonomy in vaccines which have become the hottest commodity on earth during the current global health crisis, the North African Kingdom has partnered with […]
King Mohammed VI chaired this Monday July 5 at the Royal Palace of Fez, the launch ceremony of a project related to fill & finish operation of the anti-Covid19 vaccine and other vaccines in Morocco, with a production capacity expected to reach 5 million doses of Covid19 vaccine per month in the short-term. The King […]
Ryanair plans to link Morocco’s Atlantic resort of Agadir with destinations in Ireland, France, Spain, Portugal, Italy, Germany and Poland. The company, which announced the setting up of its third African base in Agadir last month, will operate 25 new routes from Agadir to key tourist emitting destinations. The flights will start in November 2021 […]
Morocco’s economic growth with slow to 7.2% in the third quarter this year after 12.6% growth in the second quarter, Morocco’s high commission for planning said. The growth rate is expected to be achieved on the back of a 19% rise in agricultural output and will help improve the overall growth rate in the […]
The maritime line between the ports of Portimão (Portugal) and Tangier (Morocco), which was scheduled to start service July 1st, has been cancelled after a spike in the cases of the highly contagious Delta variant of the coronavirus in Portugal. Moroccan authorities have called lately for vigilance and compliance with precautionary measures against covid-19, including […]
Morocco’s textile exports to Europe rose 23% so far in 2021 compared to 2020 which was marked by low demand due to the global pandemic, Morocco’s industry minister said. The sector showed resilience in the face of Covid-19 as local operators shifted production to meet domestic demand in terms of masks and protective gear and […]
Morocco managed to use the Covid-19 context as an opportunity to accelerate reforms by launching policies to address inequities and resolve some of the obstacles to economic growth, the World Bank said. In a recent report, the World Bank cited measures taken by Morocco in the wake of the pandemic, notably the creation of a […]