First Independent Mena Newspaper
Agentis, a Moroccan company with proven expertise in the field of health infrastructure and Medical equipment manufacturing, Saturday launched the construction works of a hospital in Adzopé, 100 kilometers north of Abidjan. The construction of this new facility worth $50 million is part of the implementation of a Memorandum of Understanding between Côte d’Ivoire and […]
Morocco is among Africa’s best performing countries in industry, scientific research and infrastructure, said Head of the government Saad Eddine EL Othmani. Morocco comes on top of African rankings for best highways and motorways as well as best rail network and largest ports, said El Othmani. “This is the result of well-thought strategies,” he said, […]
King Mohammed VI delivered a speech on the occasion of the twentieth anniversary of the Throne day stressing on the need for adding impetus to the already launched reforms, injecting new blood in the government and improving the country’s attractiveness to foreign investments. “Our main ambition is for Morocco to join the ranks of developed […]
The President of African Development Bank (AfDB), Akinwumi Adesina, challenged governments in Africa to play a leading role in providing jobs for Africans, saying it was time for African governments to begin to shift from youth empowerment to youth investment. Adesina who was speaking over the weekend at the 5th Tony Elumelu African Entrepreneurship forum […]
Morocco’s gross domestic product per capita more than doubled in the last two decades of the reign of King Mohammed VI who made of fighting poverty a priority. The GDP per capita grew from 1460 dollars twenty years ago to about 3090 dollars currently, according to World Bank figures. Poverty rate dropped to 4% of […]
Morocco enjoys political stability, robust infrastructure, and a strategic location, which have contributed to its emergence as a regional manufacturing and export base for international companies, says the State Department in its 2019 Climate Investment Statements. Morocco is actively encouraging and facilitating foreign investment, particularly in export sectors like manufacturing, through macro-economic policies, trade […]
Morocco’s OCP Group, the world’s first producer and exporter of phosphate in all its forms, continues expanding its African partnership aimed at unlocking Africa’s vast agricultural potential and contributing to the continent’s food security. Its subsidiary OCP Africa has teamed with Ghana’s ministry of food & agriculture (MOFA) to launch Mid-July in Nasia ‘Agribooster […]
The African Development Bank (AfDB) has approved about $300 million to finance trade and economic development in the Common Market for Eastern and Southern Africa (COMESA). The $300 million support facility for the Eastern and Southern African Trade & Development Bank (TDB) was announced on Wednesday. According to AfDB, the COMESA regional trade and project […]
Wirecard, the global innovation leader for digital financial technology, is handling payments for online and travel agency bookings for Royal Air Maroc, Morocco’s national airline, and one of Africa’s leading and fastest growing airlines, Wirecard announced Tuesday in a press release. Royal Air Maroc is set to join the oneworld alliance in mid-2020, and has […]
Morocco has allowed 128 fishing trawlers mostly from Spain to fish in its territorial waters after a landmark fisheries agreement with the EU. The decision was made following the meeting of the first joint commission of the Morocco-EU fisheries agreement, held in Rabat, last week. The meeting defined the technicalities to issue the fishing licenses […]