First Independent Mena Newspaper
UM6P Ventures, the venture-capital arm of Mohammed VI Polytechnic University, has become a shareholder of U.S. Akorn Technology, a Silicon Valley start-up and innovator in edible food coatings. In a press release issued Monday, UM6P Ventures said it invested in Akorn Technology to reduce global food waste and extends shelf life. “UM6P Ventures’ investments are […]
A senior US delegation led by Ron Busby, President/CEO of the U.S. Black Chambers, visited Agadir, as part of a working trip to Morocco. The two-day visit to the Souss-Massa region (Thursday & Friday) was part of preparations for the celebration of Agadir as guest of honor of the 2023 “Morocco Day” in Washington DC. […]
Human traffickers continue to exploit domestic and foreign victims in Algeria, and traffickers exploit victims from Algeria abroad, according to the 2022 Trafficking in Persons Report issued by the State Department. Undocumented sub-Saharan migrants, primarily from Mali, Niger, Burkina Faso, Cameroon, Guinea, Liberia, and Nigeria, are most vulnerable to labor and sex trafficking in Algeria, […]
The U.S.-Africa leaders summit will be held from 13-15 December, President Joe Biden announced Wednesday (20 December). Describing the U.S. commitment to Africa as „enduring.” The U.S. president said he looked “forward to hosting leaders from across the African continent in Washington.“ According the White House press release, the gathering will look to “foster new […]
The U.S. Trade and Development Agency announced this Thursday it will fund a feasibility study to transform the power distribution infrastructure in Marrakech into a smart grid. The announcement was made on the sidelines of the 2022 U.S.-Africa Business Summit taking place in Marrakesh. The study will be carried out by Washington-based Africa Climate Solutions […]
Canadian GAL Aerospace will set up in Morocco an integrated project for the production, modification and completion of aircraft cabin interiors. The unit to be built in Casablanca with an investment amounting to $12 million, will be completed in 2023 and will create 240 direct jobs. A Memorandum of Understanding on the creation of the […]
Marrakech is currently hosting the US-Africa business summit, a forum that connects the business community in Africa and the US to prospect for win-win investment opportunities in the African infrastructure sector. Holding the event in Marrakech “is an enshrinement of the natural role of the Kingdom as a gateway to Africa and a link with […]
Hundreds of African and American businessmen are discussing in Marrakesh partnership projects in various sectors including agribusiness, finance, energy, fertilizers, health, mining infrastructure, ICT, security and creative industries. A large American delegation, led by Alice Albright, CEO of the Millennium Challenge Corporation (MCC), is taking part in the 2022 U.S.-Africa Business Summit, held in Morocco’s […]
U.S. Vice President Kamala Harris has thanked King Mohammed VI and the Corporate Council on Africa (CCA) for hosting the U.S.-Africa Business Summit which opened on 19 July in Marrakech. Addressing, remotely, participants in the summit from Washington D.C., the American Vice-President said: “I would like to thank the Corporate Council on Africa, His Majesty […]
U.S. Collins Aerospace firm, a subsidiary of Raytheon Technologies Corp., will enhance its presence in Morocco by setting up a regional supply platform in the North African Kingdom wherein the aeronautic industry is thriving. The announcement was made Monday at the Farnborough International Airshow 2022, one of the world’s biggest aerospace events, taking place on […]