Headlines Maghreb Morocco

Morocco to reinforce water supply in north

Moroccan government approved a 12 billion dirham plan to build three dams to reinforce water supply in the northern region of Tangier-Tetouan-Alhoceima. The plan, dubbed Beni Mansour water complex, is part of the national 2019-2026 strategy presented in April 2019 before King Mohammed VI. The project will garner 1.35 cubic meters of water through three […]

Egypt Headlines Maghreb

Egypt: EFA names Hossam El Badry new national head coach

The Egyptian Football Association, EFA, has appointed former Al Ahly manager Hossam El Badry as new head coach of Pharaohs in replacement of Mexican technician Javier Aguirre sacked in July. Hossam El Badry, 59, was among a shortlist of home-grown managers wanted by President Fattah al-Sisi. The Egyptian leader blasted the EFA for the national […]

Energy Finance Headlines Maghreb Morocco

Moroccan energy efficiency project wins €20 million financing

A Moroccan energy efficiency project has been selected in an international competition to receive a €20 million funding from the NAMA Facility. The Moroccan project, Integration of energy efficiency in the building sector, has received a €20 million fund from the Nama Facility, an international climate finance program that seeks to encourage ambitious action on […]

Africa Business Europe Headlines International Maghreb Morocco

CFC Teams up with Barcelona Financial Center to Bolster Investments between Morocco, Spain, Africa

Casablanca Finance City (CFC) and Barcelona Center Financer Europeu (BCFE) have sealed a cooperation agreement to enhance and tap investment opportunities between Spain, Morocco and Africa The deal lays the foundation for a sustainable cooperation that aims to promote investment opportunities between Spain, Morocco, Africa’s gateway. The Moroccan and Spanish financial centers pledge to set […]

Headlines Maghreb Morocco

Morocco’s King Calls for Adequate Implementation of Early Childhood Program to Address Disparities

King Mohammed VI has called for the proper implementation of the program on early childhood in a bid to address the inequalities in needy communities.   Morocco “has made tremendous efforts with regard to early childhood issues, reducing mortality rates among children & pregnant women (…) improving nutrition, widening access to primary education and healthcare”, […]

Headlines Maghreb Tunisia

Tunisia: Second round candidate’s demand for release from prison rejected

A judge has rejected a demand for the release of media mogul and candidate for the second round of Presidential elections who has been in detention since late last month on money laundering charges. Lawyers of Nabil Karoui and his party, Heart of Tunisia, said Thursday the investigative judge has rejected the demand for the […]

Africa Finance Headlines International Maghreb Morocco

Morocco to inject $3.3 million in G5 Sahel counterterrorism force

Morocco will donate $3.3 million to the priority investment program of the G5 Sahel joint force tasked with fighting terrorists and insurgents in West Africa. The announcement was made at a G5 meeting in Nouakchott by director for Maghreb and African Union at Morocco’s foreign ministry Abderrazak Laassel who underscored Morocco’s firm commitment to regional […]

Africa Egypt Energy Headlines International Maghreb

Ethiopia rejects Egypt’s plan for filling, operating $4 billion Renaissance Dam

The Ethiopian government has rejected outright Egypt’s proposal on the filling and operating of the $4 billion hydropower dam, the Great Ethiopian Renaissance Dam (GERD), being constructed by the Horn of Africa country on the Nile. Addressing a press conference in Ethiopia’s capital Addis Ababa Wednesday, Sileshi Bekele, minister for Water, Irrigation and Electricity described […]

Algeria Business Headlines Maghreb

Algeria, among worst performers in world’s economic freedom ranking, Fraser Institute

Algeria continues to lag behind in economic freedom according to a 2019 World Economic Freedom report by Fraser Institute, which underscored the lack of reforms in the oil rich country. The Canadian Fraser Institute pointed out to the plummeting economic freedom in Algeria, which ranked 159 out of 169 surveyed countries. Algeria only outperformed three […]

Business Europe Headlines International Maghreb Morocco

Swissport Wins Contract of Ground Handling Services in 15 Moroccan Airports

Swissport International has won an international tender launched by Morocco for ground handling services in 15 airports. Under the seven-year contract, the handling company pledges to provide best ground services in the airports of Agadir, Al Hoceima, Casablanca, Dakhla, Errachidia, Essaouira, Fès, Laâyoune, Marrakech, Nador, Ouarzazate, Oujda, Rabat, Tangier and Tetouan. The company vowed to […]