First Independent Mena Newspaper
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 […]
The World Bank has added $100 million to an existing $200 million loan to help Morocco manage natural risks and hazards. “Protecting the people and economy against natural hazard can save Morocco over US$800 million a year,” said Jesko Hentschel, World Bank Maghreb Country Director. “Developing more resilience to the risk of natural disaster is […]
Morocco’s economic growth is expected to rebound to 4.6 pc in 2021 as drought conditions ease, policy remains accommodative, and virus and vaccine trends are favorable, says the World Bank in its latest report on global economic prospects. The updated WB projections, which are taking into account various external and internal factors, confirm the International […]
Morocco has in recent years stepped up efforts to diversify partners within the EU and outside it, said Foreign Minister Nasser Bourita. Bourita, who made the statement following talks with Hungarian peer Peter Szijjarto, noted that Rabat looks at Hungary as a platform to access the Eastern European market. In this respect, Bourita said Morocco […]