First Independent Mena Newspaper
The European Parliament adopted this Tuesday (Feb.12) by an overwhelming majority the Morocco-EU Fisheries Agreement. The accord and its protocol were adopted at a plenary session in Strasbourg by 415 votes in favor, 189 against and 49 abstentions. This vote, the last endorsement step at the European level, is the culmination of a process of […]
The European Bank for Reconstruction & Development (EBRD) is supporting Moroccan automotive sector with a €7.5 million loan to Tuyauto Gestamp Morocco, a greenfield joint venture producer of metal automotive parts owned by Gestamp Automocion (Spain) and Tuyauto (Morocco). The funds will finance the first phase of Tuyauto Gestamp Morocco’s operations in the welding and […]
King Mohammed VI received this Monday, at the Royal Palace in Rabat, Dounia Ben Abbas Tâarji, who was appointed last week President of the Executive Board of the Hassan II Fund for Economic and Social Development. Although the official news agency MAP, which reported the news, did not give any details about the content of […]
Morocco has encouraged its companies to invest in Sub-Saharan Africa to an extent that its geared 90% of its foreign direct investments to the region in the period spanning from 2010 to 2018, the Financial Times reported. Ethiopia, Côte d’Ivoire and Cameroon were top destinations of Moroccan investments, the publication said. Morocco’s exports to West […]
A delegation of British businessmen will visit Morocco on March 4-5 to explore cooperation opportunities in the Energy (Renewables & Hydrocarbons), Education and Finance sectors. The trade mission will visit the cities of Rabat and Casablanca, Morocco’s political and economic capitals wherein they will meet with key Government officials and representatives from the private sector. […]
Elected members of regional and local councils as well as MPs from the Southern provinces, the Sahara, published an article on Politico, highlighting the benefits of the Morocco-EU fisheries agreement on the local population and economy. “We recognize Morocco as the only legitimate representative of our interests and will — and we call for the […]
Trade import and export volumes between China and countries from Africa have grown significantly in 2018, but only 15 countries from the continent have benefited from the growth. According to Chinese customs service, most of these countries are located in sub-Saharan Africa, with the exception of Libya. These are Angola, South Africa, Congo, DRC, Zambia, […]
Germany is supporting Morocco’s sustainable development efforts with a financial assistance of €330.5 million, including loans and grants. The funds will help the North African country carry out projects in renewable energy, electric power, water supply & storage in rural areas and desalination of seawater. Two agreements were signed in this regard by Moroccan minister […]
Washington and Rabat gave an African dimension to their Strategic Dialogue with the 1st session meeting of their joint working group on Africa convened Tuesday in Washington. The gathering was co-chaired by Moroccan minister Delegate for African cooperation Mohcine Jazouli and Assistant Secretary of State for African Affairs Tibor Nagy. “Africa is at the top […]
The African Export-Import Bank (Afreximbank) is to implement a Tunisia-Africa Trade and Investment Promotion Program (TATIPP) with an initial commitment of $500 million to promote trade between Tunisia and the rest of Africa, President of the Bank, Benedict Oramah, has announced. Speaking in Tunis during a meeting Tuesday with President Beji Caid Essebsi, Prof. Oramah […]