First Independent Mena Newspaper
Negotiations are underway for the launch of a direct air route between Morocco and China by the end of 2019, head of Morocco’s tourism promotion office ONMT said. The new link will depart either from Morocco’s economic hub Casablanca or from Marrakech, the Kingdom’s tourism hub towards either Beijing or Shanghai, the ONMT chief said. […]
French carmaker Renault topped the podium of car sales in Morocco with a market share of 42% in 2018, that is 75.418 cars. A report by Renault said that Morocco remains the main market for the group where it has production plants in Tangier and Casablanca. Last October, Renault said it will bring up its […]
Morocco’s fisheries output stood at 1.31 million tons in 2018, unchanged from 2017 levels, the national fisheries office (ONP) said. The value of the 2018 catch is estimated at 7.3 billion dirhams the ONP said, noting that most of the catch took place on the Atlantic coast with 1.28 million tons with the rest on […]
Only few days after the diplomatic victory scored by Rabat with the adoption by the European Parliament with a large majority of the Morocco-EU Farm Agreement that covers the Sahara, the U.S. Congress dropped a House text included in the 2019 draft Appropriation Bill, which excluded the Sahara from the U.S. financial aid to Morocco. […]
Qatar Sunday pledged to invest $50 million in the Middle East countries, with youth being the main target, in a move to increase its profile at a time it is boycotted by major powers in the region. The pledge was announced by Qatar’s Finance Minister Ali al-Emadi at the Arab Economic and Social Development Summit […]
The government Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first half of 2019, Sonatrach’s Chief Executive Officer said. Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North […]
A delegation of Tunisian investors is in Ghana to explore business opportunities from different sectors including Agric-food, information technology, construction and engineering, state-run news agency reported. According to Deputy Trade Minister, Carlos Ahenkorah, the move will allow Tunisia to manifest its business prospects in Ghana to complement the West-African nation’s industrialization agenda. MrAhenkorah urged the […]
Morocco has launched international tenders for the building of seven solar energy plants in the south and east of the country. The German development bank KfW is a partner in this 200 MW Noor Atlas project. According to Moroccan state-owned utility Office National de l’Electricité, the tenders are divided into two lots: one for the […]
Tanzania’s President’s office last weekend said India’s Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government. If confirmed, Tanzania government’s holding in the mobile phone operator will rise to 49 percent from 40 percent. According to local media, the announcement followed talks in Dar es Salaam between President […]
The eight countries of the West African CFA franc zone plan to issue 2.723 trillion CFA francs ($4.82 billion) in debt in 2019, Reuters reported. Member countries using the West African CFA franc – a currency pegged to the euro – include Ivory Coast, Senegal, Guinea-Bissau, Mali, Burkina Faso, Niger, Togo and Benin. They share […]