First Independent Mena Newspaper
Morocco has encouraged its companies to invest in Sub-Saharan Africa to an extent that its geared 90% of its foreign direct investments to the region in the period spanning from 2010 to 2018, the Financial Times reported. Ethiopia, Côte d’Ivoire and Cameroon were top destinations of Moroccan investments, the publication said. Morocco’s exports to West […]
A delegation of British businessmen will visit Morocco on March 4-5 to explore cooperation opportunities in the Energy (Renewables & Hydrocarbons), Education and Finance sectors. The trade mission will visit the cities of Rabat and Casablanca, Morocco’s political and economic capitals wherein they will meet with key Government officials and representatives from the private sector. […]
Elected members of regional and local councils as well as MPs from the Southern provinces, the Sahara, published an article on Politico, highlighting the benefits of the Morocco-EU fisheries agreement on the local population and economy. “We recognize Morocco as the only legitimate representative of our interests and will — and we call for the […]
Trade import and export volumes between China and countries from Africa have grown significantly in 2018, but only 15 countries from the continent have benefited from the growth. According to Chinese customs service, most of these countries are located in sub-Saharan Africa, with the exception of Libya. These are Angola, South Africa, Congo, DRC, Zambia, […]
Germany is supporting Morocco’s sustainable development efforts with a financial assistance of €330.5 million, including loans and grants. The funds will help the North African country carry out projects in renewable energy, electric power, water supply & storage in rural areas and desalination of seawater. Two agreements were signed in this regard by Moroccan minister […]
Washington and Rabat gave an African dimension to their Strategic Dialogue with the 1st session meeting of their joint working group on Africa convened Tuesday in Washington. The gathering was co-chaired by Moroccan minister Delegate for African cooperation Mohcine Jazouli and Assistant Secretary of State for African Affairs Tibor Nagy. “Africa is at the top […]
The African Export-Import Bank (Afreximbank) is to implement a Tunisia-Africa Trade and Investment Promotion Program (TATIPP) with an initial commitment of $500 million to promote trade between Tunisia and the rest of Africa, President of the Bank, Benedict Oramah, has announced. Speaking in Tunis during a meeting Tuesday with President Beji Caid Essebsi, Prof. Oramah […]
Few days after the adoption of the Morocco-EU agricultural agreement covering Sahara products, the Spanish government is putting pressure on the EU to forge ahead with the approval of the fisheries agreement. Spanish vessels and fishermen are the main beneficiary of the fisheries agreement pending adoption by the EU Parliament in a plenary this month. […]
Morocco has invested heavily in ports infrastructure to become a competitor of its European neighbors, Spain and Portugal, in port-related items in international rankings, Jaime Pérez-Seoane de Zunzunegui, regional editor for North Africa for Oxford Business Group told the Wall Street Journal. “Morocco’s ports really shine, ranking 16th globally for liner shipping connectivity, and 28th […]
British water engineering company Biwater has won a $3.4m contract for the renovation of the Sidi Othmane slaughterhouse wastewater treatment plant in Casablanca, one of Africa’s largest abattoirs. Under the contract, Biwater will revamp the existing slaughterhouse wastewater treatment plant, providing cutting-edge technology to improve the quality of the effluent on site, ensuring the treatment […]