Category: Business

OCP mulls phosphates investment in Togo

June 5, 2023

Morocco’s phosphates and fertilizers producer OCP said it plans to launch a feasibility study for the setting up of a phosphate-based fertilizers plant in Togo. ... Read More

Morocco’s competition council to re-examine dysfunctions in fuel distribution market

June 3, 2023

Morocco’s competition council said it will look again into the dysfunctions marring the fuel distribution market which has spilled so much ink due to its ... Read More

UN Counter Terrorism Chief Hails Morocco’s Support to UNOCT & Africa’s Security Agencies

June 3, 2023

Under-Secretary-General of the UN Office of Counter-Terrorism Vladimir Voronkov has praised Morocco’s support to UNOCT, expressing gratitude to the North African Kingdom for hosting the ... Read More

Automotive: Morocco Hosts 1st Development & Test Center in Africa

June 2, 2023

FEV, German engineering provider in the automotive industry, and French group UTAC, leader in car testing and homologation, have opened in Moroccan Atlas mountain city ... Read More

Morocco’s central bank kicks off instant inter-bank payments

June 2, 2023

Clients of Moroccan banks can now enjoy instant transfers in real time and for free over the next three months, Morocco’s central bank said in ... Read More

Italian government lifts restrictions on export of military weapons to Saudi Arabia

June 2, 2023

The Italian government on Wednesday lifted restrictions on the export of military weapons to Saudi Arabia, ending an embargo which began in 2019, Arab news ... Read More

Harbor Breakwaters: Casablanca & Dakhla Ports will use OHLA’s Cubipods

June 1, 2023

The innovative cubipods designed & engineered by the Spanish construction company OHLA will be used in the Moroccan ports of Casablanca and Dakhla. In a ... Read More

France to finance two projects in Niger worth 22 million euros

June 1, 2023

France’s development agency, AFD, and Niger have inked a financing agreement for two projects worth 22 million euros in the African country. The first project ... Read More

World Bank to resume partnership with Tunisia after two-month hiatus

June 1, 2023

The World Bank announced Wednesday the resumption of its partnership with Tunisia, two months after suspending cooperation with the North African country following President Kais ... Read More

Kenya calls on Africa to use PAPSS to ditch US dollar in trade deals

June 1, 2023

Kenya's President William Ruto has called on African leaders to take first steps towards ditching the US dollar as the world’s reserve currency by adopting ... Read More