Africa Headlines International Maghreb Morocco

Comoros Islands to open Consulate General in Laayoune, a première

The Comoros Islands announced, Wednesday from Rabat, the opening soon of a Consulate General in the southern city of Laayoune. The announcement was made by emissary of the Comoros President, Bianrifi Tarmidi, following talks with Minister of Foreign Affairs Nasser Bourita. The Presidential envoy handed to Bourita a message from Comorian President Azali Assouman to […]

Africa Asia Europe Finance Headlines International

IsDB & EIB commit $1billion each to co-finance green projects

The Islamic Development Bank (IsDB) and the European Investment Bank pledged to commit $1b each in co-financing green projects, during the 2019 Sukuk Summit, hosted in Luxembourg. Together with the European Investment Bank (EIB), IsDB signed a Memorandum of Understanding (MOU) to strengthen cooperation and committed $1 billion each in co-financing green projects through to […]

Africa Headlines International Morocco

Côte d’Ivoire: Cocody Bay opened thanks to Morocco’s expertise

In Côte d’Ivoire, the Cocody Bay will soon become one of the best attractions of the capital city Abidjan tanks to Moroccan company Marchica Med, headed by Saïd Zarrou. In 2016, King Mohammed VI and President Alassane Ouattara announced plans to transform the Cocody Bay to provide innovative mechanisms in urban planning, and also to […]

Africa Headlines International Maghreb Morocco

Morocco’s King Condemns “Despicable” Terror Attack in Burkina Faso

King Mohammed VI has condemned the despicable terror attack that targeted lately a mining company convoy in Burkina Faso, leaving nearly 40 dead. In a message sent to President Roch Marc Christian Kaboré of Burkina Faso, the Monarch strongly denounced this appalling attack and offered him his heartfelt condolences, expressing his sympathy to the grieving […]

Headlines Tunisia

Tunisia confirms its proficiency in organ transplant in Africa

Tunisian medicine continues to make great strides. Medical teams at the hospitals of Rabta in Tunis and Mongi Slim in Marsa, on November 12, successfully performed two surgeries. One on heart transplant and the other on liver transplant. The information was revealed by Director-General of the National Centre for the Promotion of Organ Transplantation Taher […]

Business Egypt Headlines

Egypt to create 12 investment zones – Minister

Egyptian Minister of Investments and International Cooperation Sahar Nasr has announced a government plan to establish about 12 investment zones in the North African nation. According to the minister, the 12 investment zones will attract investments worth LE78 billion and create 500,000 direct and indirect jobs. The minister made the announcement at the signing of […]

Africa Energy Headlines International Morocco

AIF-2019: Moroccan to Chair Steering Committee of AfDB Desert to Power Initiative

Mustapha Bakkoury, CEO of the Moroccan Agency for Sustainable Energy (Masen), was appointed, Tuesday in Johannesburg, chairman of the steering committee of the “Desert to Power” initiative, which aims to develop the use of renewable energy in several African countries. The appointment took place on the sidelines of the second edition of the Africa Investment […]

Africa Business Headlines International Morocco

Morocco’s Wafa Assurance acquires 65% of Cameroon insurer Pro Assur

Moroccan insurance company Wafa Assurance said it completed the acquisition of 65% of Cameroon’s Pro Assur, a company created in 2000. The transaction, taking the form of share acquisition and capital increase, was approved by Cameroon’s and Morocco’s regulatory authorities, Wafa Assurance said in a statement. The deal is meant to help Pro Assur develop […]

Americas Business Headlines International Morocco

Morocco’s RAM could breath sigh of relief as Boeing prepares to lift 373 MAX ban

Morocco’s Royal Air Maroc (RAM) could breath a sigh of relief after Boeing announced that its 737 MAX aircrafts could resume flying again by January. Morocco has grounded two MAX aircrafts and is yet to receive two more but the delivery has been suspended after a fatal crash of Boeing Max in Ethiopia. The Moroccan […]

Africa Business Headlines International Maghreb Morocco

AIF 2019: Morocco highlights its attractiveness in Johannesburg

A strong Moroccan delegation is taking part in the second edition of the Africa Investment Forum, or the African Davos as it is called, to present to African and international investors the assets of Morocco, and also to expound the key role it plays in the promotion of the continent’s development. On the opening day […]