First Independent Mena Newspaper
Sound Energy, the African and European focused upstream gas company, announced that it will start commercializing the first gas from Sidi Mokhtar in Essaouira Basin, central Moroco, by the end of 2017. Sound Energy, which received authorization last year to explore Sidi Mokhtar License area covering 2,700 square kilometres, confirmed that two wells Koba-1 and […]
Food security has been a salient feature of Morocco’s cooperation in Africa as evidenced with the agreements signed by the Kingdom and several African countries notably in the fields of Agriculture and fertilizer production. This endeavor to boost food security on the continent has been materialized notably by Morocco’s state-owned phosphates company (OCP), which sealed […]
The International Monetary Fund has reaffirmed Morocco’s continued qualification for the Precautionary and Liquidity Line (PLL) Arrangement after a first review of its executive board. The two-year PLL arrangement for Morocco in the amount of SDR 2.504 billion (about US$3.42 billion) was approved by the IMF’s Executive Board in July 2016. After completing a first […]
Morocco and Nigeria are making headway towards the achievement of the Atlantic Gas Pipeline that is meant to carry Nigerian gas through six countries to Morocco with a potential for export to Europe. To materialize this project, additional agreements were signed in Rabat in the presence of King Mohammed VI and Nigeria’s Foreign Minister Geoffrey […]
Moroccan navy is currently taking part off Spanish coasts in the 13th iteration of the multinational maritime exercise Phoenix Express 2017 along with maritime forces from Europe and the United States. The Moroccan frigate, Tarik Ibn Ziad, took part in the naval exercise, which was sponsored by U.S. Africa Command and facilitated by U.S. Naval […]
The Nigeria-Morocco huge gas pipeline project, agreed upon last year, is taking shape with the signing Monday in Rabat of additional agreements related to the pipeline that will stretch along the West African coast all the way up from Nigeria to Morocco and eventually into Europe. The agreements were signed at a ceremony chaired by […]
Omar Khiame, Head of Morocco’s Central Bureau of Judicial Investigations- an offshoot of Morocco’s domestic intelligence services- deplored that Algerian authorities remain reluctant to cooperate on security issues relating to counterterrorism. Speaking at a TV show on Morocco’s 2M channel on the anniversary of May 16, 2003 terrorist attack that hit Casablanca, Khiame highlighted the […]
Australia has effectively established an embassy in Rabat and proceeded to the appointment of Berenice Owen-Jones first Australian resident Ambassador to Morocco. This was announced in a statement by Australia’s foreign Minister Julie Bishop. “Australia and Morocco enjoy close ties and celebrated the 40th anniversary of diplomatic relations in 2016. We share strong people-to-people links, […]
The European Bank for Reconstruction and Development (EBRD) has trimmed its predictions for GDP growth in Morocco in 2017 from 4.8% to 4.2%. Growth is expected to accelerate in 2017 to 4.2 per cent, as agricultural output rebounds following strong rainfall, and non- agricultural growth remains subdued, said the EBRD in its Regional Economic Prospects […]
Another soldier of the Moroccan contingent of the United Nations peacekeeping force in the Central African Republic was fatally wounded during an exchange of fire this Saturday (May 13) with an armed group that attacked a Moroccan checkpoint in downtown Bangassou. An armed group opened fire on civilians overnight killing an undisclosed number and at […]