First Independent Mena Newspaper
Two of Morocco’s leading banking groups, Banque Centrale Populaire and Attijariwafa Bank, have signed partnership agreements with Japanese banking institutions, on the sidelines of the 7th Tokyo International Conference on African Development (TICAD-VII), currently held in Yokohama. Thus, Banque Centrale Populaire, BCP, and Japan’s second largest banking group Sumitomo Mitsui Banking Corporation (SMBC) signed, on […]
Japanese Prime Minister Shinzo Abe on Wednesday said his country will offer enhanced trade insurance to boost private sector investment in Africa. Abe made the statement at the opening ceremony of the Tokyo International Conference on African Development opened in Yokohama on Wednesday. The meeting attended by a few dozen African leaders and representatives of […]
Over twenty African leaders are participating in the seventh edition of the Tokyo International Conference for African Development (TICAD) summit that opened proceedings Wednesday in Yokohama, Japan. The summit, held under the topic “Advancing Africa’s Development through People, Technology and Innovation” is attended by more than 4,500 delegates. Morocco is represented at the event by […]
Attijariwafa Bank, one of Morocco’s largest banks, has signed a Memorandum of Understanding (MoU) with the Independent Integrity Unit (IIU) of the Green Climate Fund (GCF) to cooperate and consult on integrity matters. The agreement covers information-sharing, joint investigations and collaborations, as well as capacity-building support with the Bank’s Compliance Office. The MoU will complement […]
The G7 leaders have approved about $251 million in support of the African Development Bank’s AFAWA initiative to back women entrepreneurs in Africa. French President Emmanuel Macron, as the current G7 president, made the announcement to reporters on Monday. He said the AFAWA initiative, comes from an African organization, the African Development Bank, which […]
Maroc Telecom announced Monday it will invest 10 billion dirhams over the coming three years to promote telecommunications in Morocco. “As part of its proactive investment policy, Maroc Telecom has signed the sixth investment agreement with the Government for the development of telecommunications in the Kingdom,” said the leading telecom operator in a statement. “Under […]
Japan was the latest in a series of global powers that strongly reiterated their rejection of the Algerian-backed separatism in southern Morocco. The Japanese stance on the Sahara issue was expressed by Middle East and North Africa director at the foreign ministry Katsuhiko Takahashi who reaffirmed his country’s non-recognition of the Polisario self-declared SADR republic, […]
The Spanish Ministers’ Council Friday approved a grant of €32.2 million to help Morocco in its efforts to control illegal immigration from the North African kingdom to Spanish southern shores. This aid, which aims to support international police cooperation, comes from the budget of the Spanish Home Affairs Ministry. It will support Moroccan authorities’ […]
Cargotec subsidiary Kalmar has won a contract to upgrade four ZPMC ship-to-shore (STS) cranes at the Eurogate Tanger container terminal in Morocco. The modernization of cranes will enable Eurogate Tanger, located on the Strait of Gibraltar in Morocco, to manage large ships, Kalmar said in a press release. Due to its geostrategic location, […]
An agreement to convert some of Tunisia’s debt to Belgium into development projects was signed Wednesday in Tunis, the Foreign Ministry said in a statement. The agreement, signed by Director General for Europe, Nabil Ammar, and Belgium’s ambassador to Tunisia, Michel Tilemans, provides for converting more than €2.991 million ($3.33) of Tunisia’s debt to Belgium […]