Three foreign airlines, among which German Lufthansa, are interested in acquiring equities in Air Namibia, The Namibian reports. Namibia’s public enterprises minister Leon Jooste is leading negotiations with Lufthansa, Ethiopian Airlines and South African Airways, the media says. “Three airlines, namely South African Airways, Ethiopian Airways and Lufthansa indicated an interest to pursue further discussions,” […]
Business
South South Cooperation: OCP signs new agreements with Ghana
Morocco’s OCP Group and Ghana’s Ministry of Food and Agriculture have signed Thursday two additional milestone agreements that are in line with the promotion of South-South cooperation pursued by the North African Kingdom. The first cooperation agreement pertains to the farmer centric activities, soil mapping, innovation and digital farmer registration, the OCP said in a […]
Morocco’s tourism sector, most competitive in Maghreb
Morocco maintained its leadership as the most competitive tourism market in North Africa and one of the most attractive tourist destinations on the continent said the World Economic Forum. Morocco was ranked 66th globally in the Travel & Tourism Competitiveness Report 2019 which was jointly topped by Spain, France, Germany and Japan. The report said […]
Morocco’s OCP, AU to cooperate in developing African agriculture
Morocco’s phosphates and fertilizer producer, OCP, signed a memorandum of understanding with the African Union Commission and the African Union’s Development Agency, AUDA-NEPAD, to develop Agriculture in the continent. The agreement was signed on the sidelines of the ongoing African Green Revolution Forum (AGRF) in Accra, Ghana, Sept. 3 – 6. The deal reflects […]
Japan’s Yazaki Group to expand in Morocco with a fourth factory
Global automotive parts supplier Yazaki is planning to open a new plant in Morocco in January 2020. This plant, Yazaki’s fourth in the kingdom, will be set up in Kenitra, some 40 km to the north of Rabat, and will start operating in January 2020, says L’Economiste daily. The facility will employ 2,500 people, bringing […]
Morocco’s Inwi launches mobile payments
Morocco’s second largest telecom operator, Inwi, launched mobile payment services becoming the first in Morocco to offer such facilitation to its subscribers. Dubbed Inwi Money, the new service would help Morocco achieve its financial inclusion goals notably through reaching population in isolated areas. Inwi Money comes less than a year after the Central Bank gave […]
CMA CGM Shipping Company Expands Service in Morocco to Dakhla
The French container transportation and shipping company, CMA CGM, is enhancing its shuttle service in Morocco, offering its clients as of Sept.12 a new stopover in the southern Moroccan port of Dakhla. The global shipping group said it made the move in order to continue developing business opportunities in Morocco and support Moroccan clients with […]
TICAD VII: UNIDO, FAO launch initiative to accelerate youth employment in Africa’s agricultural sector
The United Nations Industrial Development Organization (UNIDO), the Food and Agriculture Organization of the United Nations (FAO) and the African Union (AU), together with numerous additional partners, have launched the Flagship Initiative to Accelerate Youth Employment in Agriculture and Agribusiness in Africa. The Initiative was launched Thursday on the sidelines of the seventh Tokyo International […]
USAID donates Tunisia $335mln to finance democratic transition, economic development
The United States has granted Tunisia a donation worth $335 million to finance projects and programs designed to boost economic and social development through encouraging entrepreneurship and improving governance. The donation is part of a US cooperation and support program extending over a five-year period (2019-2024), says TAP news agency. The Aid will fund projects […]
Toyota to install a car assembly plant in Côte d’Ivoire
Japan’s car company Toyota will soon set up a car assembly plant in Côte d’Ivoire. This is the purpose of an agreement the company signed Thursday August 29 in Yokohama, Japan, with the Ivorian government. The document was signed by the Ivorian transport minister, Amadou Koné, and the CEO of Toyota, Ichiro Kashitani, on the […]









