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 […]

Africa Europe Headlines International

Calls Mount for Bolstering G5 Sahel Force

French President Emmanuel Macron called for more support to the counterterrorism Sahel force known as G5. “Money now needs to be disbursed” to allow the five-nation regional force fulfil its tasks, said Macron at a press conference with visiting Niger President Mahamadou Issoufou. He also called on other donors like Saudi Arabia to meet their […]

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 […]

Asia Headlines International Libya

Libya: Pro-Haftar Hopefuls Receiving UAE’s Financial Support

Emirati authorities have been funding Libyan potential candidates, known as close to eastern warlord Khalifa Haftar, in December 10 presidential and parliamentarian elections. Libyan top political protagonists among whom Haftar, Chief of the so-called Libyan National Army (LNA), and head of the UN-backed Government of National Accord (GNA) Faiez Serraj last week in Paris pledged […]

Europe Headlines International Tunisia

Tunis Protests Italian Official’s Statement Calling Tunisia ‘ex-detainees exporter’

The Tunisian foreign minister Monday summoned Italy’s ambassador to protest the newly appointed interior minister’s claims that the North African country is exporting criminals and ex-prisoners to Italy in the wake of the death of 48 illegal migrants off Tunisian coasts. After summoning the Italian ambassador, the ministry also released a statement indicating that it […]

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 […]