Africa Emerging Markets Headlines International Morocco

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

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 2nd High-Level Meeting of Heads of Counter-Terrorism & Security Agencies from Africa, “Marrakesh Platform”. In his opening remarks of the three-day event taking place in Tangier, Mr. Voronkov stressed the […]

Asia Community Headlines International Morocco

King calls on Moroccan pilgrims to be ambassadors of their homeland, its ancient civilization, openness & tolerance

King Mohammed VI, Commander of the Faithful, has called on Moroccan pilgrims to be ambassadors of their homeland, its ancient civilization and identity, based on the values of openness and tolerance. “Be the ambassadors of your religion, showing Islamic brotherhood and moderation in belief and conduct, and rejecting all signs of radicalism, extremism or any […]

Headlines Morocco

Morocco Captures another Jihadist in Tangier

Moroccan authorities have foiled another terrorist plot with the arrest of an ISIS operative who was planning a terrorist attack to undermine the country’s stability and security. The 28-year jihadist was nabbed Thursday by the Tangier police forces. He pledged allegiance to Daesh terror organization and started preparing his terrorist and criminal plan, says a […]

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

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 of Oued Zem Africa’s first testing center. “The launch of the first test center on African soil is an important strategic milestone for FEV,” said Stefan Pischinger, CEO of FEV […]

Business Emerging Markets Headlines Morocco

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

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 a statement. The time-span for transfers between clients of Moroccan banks would now take no more than 20 seconds provided it is capped at 20,000 dirhams, it said. The initiative […]

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US First Lady in Egypt on regional tour

US First lady Jill Biden has arrived Friday in Egypt, second stop on a week-long, four-country tour in the region that reaffirms the commitment of the USA to strengthening partnerships and advancing shared priorities in the region. In Egypt, Jill Biden, according to the US embassy, will meet with women and youth and highlight US […]

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

The innovative cubipods designed & engineered by the Spanish construction company OHLA will be used in the Moroccan ports of Casablanca and Dakhla. In a press release issued Wednesday, OHLA said it signed contracts for the use of its cubipods in two Moroccan ports. Cubipod is a precast element made of mass concrete used to […]

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EV Battery: Morocco to Host Africa’s 1st Gigafactory, Attracting over $ 6.5 Bln Investment

Gotion High-Tech, a Chinese electric vehicle battery giant, will inject over $ 6.5 billion in a gigafactory in Morocco. It will be the first in Africa, creating more than 25 000 jobs and strengthening the country’s leading position in the automotive industry. The announcement of this EV battery industrial eco-system was made Thursday in Marrakesh […]

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GITEX AFRICA kicks off in Marrakech

The world is celebrating this week the launch in Marrakech of GITEX AFRICA, the largest tech & startup event in the continent which is hosting its very own tech gathering that unites every community in the innovation ecosystem across Africa. The 2023 GITEX Africa Digital Summit, one of the largest tech and startup show in […]

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Automotive: Leoni invests nearly $100 Mln in projects in Morocco

German Leoni firm, a global leader in cables and wiring systems, is enhancing its presence in Morocco thanks to the country’s political stability and rapid growth of its automotive industry. The German company has pledged to invest over $92.1 million in six projects to create 7100 jobs in the country under deals signed in presence […]