First Independent Mena Newspaper
Morocco’s African policy, spearheaded by King Mohammed VI, is based on solidarity public-private partnerships, said on Tuesday Moroccan Foreign Minister Nasser Bourita in Berlin at the 3rd meeting of the G20 Compact with Africa (CwA) Summit, an initiative launched under the German G20 presidency. Morocco is the second largest African investor in the continent, said […]
The European Union is providing €10.3 million support package to the UNHCR’s Emergency Transit Mechanism (ETM) in Rwanda, which provides a life-saving avenue out of Libya for people in need of international protection, with a view to their further resettlement. The announcement was made by Commissioner for International Cooperation and Development Neven Mimica during a […]
Air Senegal, the state-owned flagship carrier of Senegal, has signed a memorandum of understanding (MoU) for eight Airbus A220 aircraft at the Dubai Airshow on Tuesday, the airline said in a statement. According to Chief Executive Officer Ibrahima Kane, the planes would allow the airline to fly routes to Europe and West Africa when deliveries […]
King Mohammed VI appointed Chakib Benmoussa head of the new ad-hoc committee for the development model, an advisory body that is tasked with making proposals and suggestions to improve the development reforms and increase their effectiveness. Chakib Benmoussa served as interior minister from 2006 to 2010 and head of the social economic and environmental […]
The 4th annual meeting of Africa free zones was held in Addis Ababa, Ethiopia, this Tuesday under the theme “Economic Zones – Accelerator for Industrialization in Africa”. The meeting, sponsored by Africa Free Zones Organization (AFZO), was held during the “Africa Industrialization Week”, organized by the African Union Nov. 18 to 22. Over 220 delegates […]
Morocco, the second largest arm buyer in Africa, wants its future weapon deals to be accompanied by a technology transfer clause as it seeks to develop a domestic military industry. Minister delegate in charge of Defense Abdellatif Loudiyi said that deals with arm manufacturers should provide for transferring maintenance know-how to the Royal Armed Forces. […]
American Airlines signed a codeshare agreement with Morocco’s Royal Air Maroc to complement its new route to Casablanca wherefrom it seeks further expansion into Africa. The agreement will enter into force upon approval by the US Department of Transportation. The two airlines already have an interline agreement in place. But the codeshare would allow the […]
Funding destined to infrastructure development in Africa hits $100 billion in 2018, the Infrastructure Consortium for Africa (ICA) has announced. The ICA’s Infrastructure Financing Trends in Africa 2018 report shows that financing of infrastructure in Africa reached a new high of $100.8 billion in 2018, a jump of about a quarter on 2017 and 38% […]
A merger between French automaker PSA, which already operates a plant in Kenitra, and Italian FCA could pave the way for the setting up of a FIAT factory in Morocco, said Industry and Trade Minister Moulay Hafid El Alamy. Speaking at a meeting in Italy, held by Morocco’s export promotion agency (AMDIE) and the Italian […]
Despite Morocco’s significant progress on the Doing Business index, much remains to be done for Morocco to move from 2.8% growth expected this year to 6 or 7% in order to reduce unemployment, World Bank Vice President for MENA region Ferid Belhaj said. Morocco improved its ranking to 53rd position in the doing business index […]