Morocco’s Tanger Med port has recorded the world’s biggest increase in the connectivity index since it started operations in 2007, according to the United Nations Conference on Trade and Development (UNCTAD). In a recently released study, UNCTAD says that the extension of Tanger Med port, which required an investment of €3.5 billion, has tripled the […]
Business
African countries discuss foreign currencies & monetary independence in Tunisia
A three-day international Conference opened in Tunis on Nov 7. Entitled “Quest for Economic and Monetary Sovereignty in 21st Century Africa: Lessons and Prospects”. This conference gathers economists, financials, businessmen, experts and leaders of opinion from African countries and from all over the world. Foreign currencies and monetary independence are the main issues on the […]
Ivanka Trump visits olive grove, attends signing of $6 million agreements
Daughter and advisor to US President Donald Trump, Ivanka Trump, visited Thursday an olive grove, a Millennium Challenge Corporation project, in Sidi kacem, on the outskirts of the capital Rabat, where she launched a campaign to support women’s ownership of soulaliyate lands, as part of the Women’s Global Development and Prosperity (W-GDP) Initiative. During this […]
Second EU-Africa Business Summit Convenes in Marrakech
Following the successful first edition, the EU-Africa Business Summit returns to Marrakech November 28-29, with the participation of influential African and European policymakers, business leaders and experts. Over two days, the Summit will provide a platform for engaging debates, high-level panel discussions and inspiring sharing and steering sessions on industrialization and value chain development, rural […]
Morocco’s King calls for Marrakech-Agadir rail link; Agadir-Dakhla highway
King Mohammed VI of Morocco called for establishing a rail link between Marrakech and Agadir as part of a regionalization plan that aims at achieving and equitable distribution of wealth between all regions. “I invite the authorities concerned to give serious thought to the development of a rail link between Marrakech and Agadir, as a […]
2020 U.S.-Africa Business Summit to be hosted in Morocco
The Corporate Council on Africa (CCA) will host the next edition of the U.S -Africa Business Summit in June 2020 in Marrakech, Morocco The announcement was made in Washington on Monday by CCA CEO Florizelle Liser, in the Presence of Morocco’s ambassador to the USA, Joumana Alaoui. Following a strategic selection process, CCA’s Board of […]
Climate Change: Morocco Hosts 2nd Ministerial Conference on AAA Initiative
The Moroccan city of Benguerir (near Marrakech) is hosting this Nov.4-5 the 2nd annual ministerial conference of the Initiative for the Adaptation of African Agriculture to climate change (AAA Initiative). The event, organized under the theme: “Food Security Facing Climate Change”, brings together representatives of key financial institutions, donors, the private sector and scientific researchers […]
AfDB: $115 billion capital increase
The African Development Bank Shareholders have approved a landmark $115 billion capital increase, doubling the bank’s capital base from $93 billion to $208 billion, and strengthening thus the Bank’s leadership on development financing for the continent. This largest capital increase in the Bank’s history was approved at an extraordinary shareholders’ meeting last week in in […]
Bombardier Factory in Morocco Sold to Spirit AeroSystems
The Bombardier factory in Morocco has been sold to US Spirit AeroSystems, along with the Canadian firm’s factories in North Ireland and a repair facility in Dallas, USA. The final agreement to sell Bombardier’s Aerostructures Business to Spirit AeroSystems Holding, Inc. was confirmed Wednesday by the Canadian group, which took a strategic decision to focus […]
Morocco’s Aviation Sector boosted by two New Aeronautics Plants
The aviation sector in Morocco, where 140 companies are already operating, has been boosted by two new aeronautics plants that were inaugurated Tuesday in Casablanca. One of the production plants is a new addition to the Moroccan study and manufacture of aeronautical tools (EFOA) – group “We are”, at Casablanca’s Aeropole. The second plant belongs […]









