Business Headlines Morocco

Morocco: Consumer Boycott Costs Centrale Danone 150 mln DH in Losses

Moroccan subsidiary of French diary company Centrale Danone has announced heavy losses estimated at 150 million Dirham for the first half of the year due to a continuing consumer boycott. The boycott was launched on April 20 and caused the company to suffer a steep deficit after posting 56 million Dirham profits the same period […]

Finance Headlines Morocco

Morocco Supports Local Farmers, Wheat Harvesting and Storage

Moroccan Minister of Agriculture Aziz Akhannouch and Tariq Sijilmassi, Chairman of banking Group Crédit Agricole, chaired on Tuesday, in Rabat, the signing ceremony of an agreement with the farmers’ cooperatives and their Union (UNCAM) and the National Federation of millers. Under the agreement, Crédit Agricole bank will provide agricultural cooperatives soft loans to enable them […]

Americas Europe Headlines International Morocco

FIFA Chief Breaks Neutrality in Race to 2026 World Cup

FIFA President Gianni Infantino has once more fell short of upholding neutrality in the race to hosting the 2026 World Cup opposing Morocco to the joint North American bid. In an interview with Equipe du Jour, Infantino has vindicated the information that he supports the Joint American bid. In a stark breach of neutrality required […]

Africa Headlines International Morocco

OCP Foundation Launches Agricultural Caravan in Ethiopia

After the agricultural caravans it launched in Côte d’Ivoire (Octobre 2015), Guinea (May 2015), Togo (April 2017), Madagascar (Septembre 2017) and Burkina Faso (May 2018), the foundation of the Moroccan phosphates group OCP kicked-off a new stage on Friday (June 1) in Addis Ababa, Ethiopia. The caravan will crisscross the next agricultural season in four […]

Energy Headlines Morocco

Morocco Hosts International Conference on Renewables

Morocco’s capital city, Rabat, will host Dec.5-8 the 6th International Renewable and Sustainable Energy Conference (IRSEC’18) to bring together over 350 scientists and energy experts from around the world. The conference is an opportunity for participants to exchange ideas and research findings on the current and future challenges as well as the opportunities offered by […]

Africa Headlines International Morocco

UNCTAD Highlights Relevance of Morocco’s Migration Policy

The United Nations Conference on Trade and Development (UNCTAD) commended Morocco for the migration policy it adopted under the leadership of King Mohammed VI. “The experience of Morocco features prominently…and provides insights for many countries to learn from,” said the UNCTAD in a flagship report on development in Africa, underscoring the benefits of migration in […]

Algeria Headlines Morocco

Algeria’s Air Force Dilemma

Algeria boasts the biggest military budget in Africa but its military doctrine and over dependence on Russian weapons combined with a lack of international experience cast a shadow over efficiency. The frequent airplane crashes and accidents in the Algerian air force fleet are but a tree that hides a forest of mismanagement and a lack […]

Africa Headlines International Morocco

Morocco Fully Engaged in UN Peace-keeping Operations-UN official

Morocco’s full engagement to the UN peacekeeping efforts on the ground and at the New York headquarters were lauded by Under-Secretary-General for Peacekeeping Operations Jean-Pierre Lacroix of France. “Morocco is among the most committed countries in favor of peace keeping,” said Lacroix at a press conference marking the 70th blue helmets day. The UN official […]

Europe Headlines International Morocco

Morocco, EU resume Talks on Fisheries Agreement

Morocco and the EU have resumed talks to renew the four-year fisheries agreement to expire on July 14. The Moroccan delegation was led by Foreign Minister, Nasser Bourita, while the EU’s was chaired by Joao Aguiar Matchado Director-General for Maritime Affairs and Fisheries. The EU decision to open talks for the renewal of the fisheries […]