SNI, the largest stakeholder in the Moroccan economy, announced that it has changed its name into Al Mada in tandem with gearing its activity towards becoming a pan-African investment fund. This change was approved at a meeting of SNI’s board of directors on March 28 in Casablanca, said the company in a statement noting that […]
Africa
Morocco Top African Investment Destination- Quantum Global Says
Morocco was ranked the most attractive African economy for investments in the Africa Investment Index 2018 issued by Quantum Global. Morocco earned the title of Africa’s top investment destination thanks notably to an improving economy, increased foreign direct investment flow and low external debt levels in addition to propitious business climate among others. “Morocco has […]
Attijariwafa bank Teams up with IFC to bolster Trade & Investment in Africa
Attijariwafa bank, a leading pan-African banking group, has teamed up with IFC, a member of the World Bank Group, to boost cross-border trade and investment in Africa and support the continent’s smaller businesses. A cooperation agreement was signed by the two sides to enhance investments in both North Africa and Sub-Saharan Africa. The partnership will […]
AfCFTA, a Landmark Event Shaping Tomorrow’s Africa, King Mohammed VI Says
King Mohammed VI of Morocco has described the signing this Wednesday of the agreement setting up the African Continental Free Trade Area as a defining moment in history and a landmark event, which attests to African States’ shared determination to build an Africa for the future. In a speech to the Extraordinary Summit of the […]
Morocco Signs Accord Setting Up African Free Trade Area
Morocco, which rejoined the African Union last year, signed this Wednesday the agreement launching the African Continental Free Trade Area (AfCFTA). The signing ceremony took place at the 10th Extraordinary Summit of the African Union on AfCFTA convened in Kigali, Rwanda. The AfCFTA was inked by Head of Moroccan Government Saâd Eddine El Othmani, who […]
Morocco Speaks up for Africa at World Water Forum
Morocco drew the attention of the international community at the World Water Forum in Brasilia to the environmental, social and economic challenges posed by water scarcity in Africa. “The kingdom of Morocco believes that this edition of the World Water Forum should be an opportunity to highlight the alarming situation of water in Africa,” Charafat […]
Crans Montana Forum Distinguishes Speaker of ECOWAS Parliament in Dakhla
Speaker of the Parliament of the Economic Community of West African States (ECOWAS), Moustapha Cissé, received in Morocco’s southern city of Dakhla the 2018 Crans Montana Foundation prize in recognition for his commitment to regional integration. The prize was awarded at a ceremony chaired by Crans Montana Honorary President and Founder Jean-Paul Carteron and attended […]
African, Foreign Leaders Promote South-South Cooperation at Crans Montana Forum in Dakhla
The Pearle of the Moroccan Sahara, Dakhla, is hosting for the fourth time the Crans Montana Forum which brings together African and world leaders to discuss means to promote south-south cooperation in the continent. Over 1,000 guests and senior officials representing more than 100 countries are partaking in the event to exchange ideas on sustainable […]
King Mohammed VI Calls on Africans to Rise up to Development Challenges
King Mohammed VI has called on Africans, men and women, and especially young people, to rise to the challenges the African Continent is facing and to embrace the dynamic of shared growth. In a message addressed to participants in the Crans Montana Forum, which opened Friday in Dakhla under the theme “Africa and South-South cooperation”, […]
Morocco Warns of Connivance between Terrorist & Organized Crime Groups in Sahel
Morocco is looking carefully to the situation in the Sahel where terrorists are increasingly resorting to organized crime and trafficking to fund their activities, head of Morocco’s counterterrorism agency, BCIJ, Abdelhak Khiame said. Speaking to local press, Khiame rang the alarm bell regarding the fallout of the connivance between terrorists and organized crime groups on […]









