Business Europe Headlines International Maghreb Morocco

French Galvanoplast Group Inaugurates Plant in Tangier

Galvanoplast, a French group specializing in anti-corrosion surface protection, inaugurated on Wednesday an industrial plant in the industrial platform of Tanger-Med. This facility, the group’s first outside France, was made possible thanks to the progress of the Moroccan automotive ecosystem. The choice of Morocco was also dictated by the presence of car manufacturers Renault and […]

Energy Headlines Maghreb Morocco

Development of Morocco’s Anchois gas field, “technically feasible”, says Chariot Oil & Gas

Chariot Oil & Gas has announced that the development of the Anchois Field, offshore Morocco, is technically feasible. Recent studies carried out at Anchois gas field, offshore Morocco, have shown that development of the project is “technically feasible,” the company said in a press release The key findings of the study, shared by the industrial […]

Africa Europe Finance Headlines International Maghreb Morocco

British CDC invests $200 mln in BMCE Bank

CDC Group, the British government’s overseas-investment arm, said it has invested $200 million in Morocco’s BMCE bank, which seeks to develop its activities on the African continent. The British group acquired nearly 5% in the bank’s capital after the investment, part of CDC’s plan to invest $4.5 billion in the African continent, the two institutions […]

Algeria Headlines Maghreb Morocco

Morocco Urges Africa Human Rights Commission to Address Violations Committed in Tindouf Camps

Morocco has called on the African Commission on Human Rights to address the flagrant human rights violations committed in the Tindouf camps in southwest Algeria. The call was launched this week in Addis Ababa by Morocco’s Permanent Representative to the African Union and ECA Mohammed Arrouchi. “The Human rights situation in member countries must be […]

Asia Finance Headlines International Maghreb Morocco

AFESD Finances Dam & Road Projects in Morocco

The Arab Fund for Economic and Social Development (AFESD) has extended Morocco two loans totaling 72 million Kuwaiti dinars (about 2.27 bln MAD) to help finance two projects. The loans will finance the rehabilitation of the Mohammed V dam in eastern Morocco, and the construction of the Laayoune expressway bypass in the South. The first […]

Africa Business Headlines International Maghreb Morocco

Morocco’s Managem expands stake to 85% in a gold project in Guinea Conakry

Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million.   In 2016, Managem acquired 40% of this project in partnership with Avocet Mining before increasing this share to 70% in 2018.   With this […]

Headlines Maghreb Morocco

UN-C 24: Petitioners Highlight Sahara Socioeconomic Progress, Decry Oppression in Tindouf Camps

Several representatives from Morocco’s southern provinces and advocates of human rights took the floor at the 19th session of the UN Committee of 24, convening in New York, to highlight the major social and economic development accomplished in the Moroccan Sahara, which has become a model of inclusive development and growth, and to renew support […]

Egypt Headlines Maghreb

Egypt: UN calls for independent, impartial probe into Morsi’s death

The United Nations Human Rights office Tuesday urged Egyptian authorities to conduct an independent investigation into the death of ex-President Mohamed Morsi who died Monday during a hearing in a court. Egyptian authorities buried Morsi Tuesday at the government’s cemetery in the Nasr City district, under tight security and behind closed doors. The former leader […]

Asia Columns Headlines International Maghreb Morocco Opinions

Morocco, Azerbaijan in same fight against foreign-backed separatists

Both Morocco and Azerbaijan have suffered from the remnants of separatists hosted and armed by hostile neighboring states. Morocco has struggled to recover its territorial integrity and sovereignty after enduring the painful experience of double French and Spanish colonization that drew arbitrary borders, amputating the Kingdom of territories that were until a recent past part […]

Asia Headlines International Maghreb Morocco

Manama, Riyadh Renew Support to Morocco’s Sovereignty over the Sahara

Bahrain and Saudi Arabia have both renewed this week backing to Morocco’s legitimate rights over its southern provinces and reaffirmed rejection of any attack on Morocco’s supreme interests, sovereignty and territorial integrity. In Manama, the Foreign Ministry renewed in a statement Bahrain’s supportive position to Morocco’s legitimate rights over its southern provinces, and its backing […]