First Independent Mena Newspaper
The European Bank for Reconstruction and Development (EBRD) is providing additional loan financing of €100 million to Société Nador West Med (NWM) for the construction of the Nador West Med port in the Oriental Region of Morocco. The loan is a new, second tranche under a €200 million EBRD loan agreement signed in 2015, announced […]
Crown Prince of Saudi Arabia, Prince Mohammed Ben Salman Ben Abdelaziz Al-Saud, has joined the Heads of State who called King Mohammed VI to congratulate him on the occasion of Morocco’s qualification to the semifinals of the FIFA World Cup Qatar-2022. In a phone call, Crown Prince of Saudi Arabia expressed to the Sovereign his […]
The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF) and the European Union (EU) have agreed to provide a financing package of up to €25million to Banque Centrale Populaire (BCP) to support Morocco’s green transition. This is the third facility provided to BCP under the GCF Green Economy Financing Facility (GEFF) […]
Egyptian Ministry of Trade and Industry and the European Union (EU) are contemplating the organization in the arab country of a joint business forum meant to attract further European investments in the Egyptian market and boost exports to Africa. Ahmed Samir, the Egyptian Minister of Trade according to his department held an extensive discussion session […]
The United States and Morocco have encouraged all Mediterranean and African countries to join the Proliferation Security Initiative (PSI) and to participate in future PSI-related events. In a joint statement issued by the U.S. Department of State and the Ministry of Foreign Affairs, following the closing of the PSI North Africa Meeting, held on December […]
German aid worker Jörg Lange, who was abducted in 2018 in western Niger, has been released thanks to Moroccan intelligence services, according to German newspaper Der Spiegel. The news ended years of uncertainty and suffering for the hostage and his family, raising hope for resolving the cases of other captives. Mr.Lange, 63, was handed over […]
Germany is set to increase its state guarantees for business investments in African countries, a move widely interpreted as being aimed at diversifying trade relations and to make it more independent from China. In September, China removed tariffs on 98% of agricultural and mineral imports from nine of Africa’s poorest countries. The decision follows Chinese […]
French foreign minister Catherine Colonna will pay a visit to Morocco on Dec. 15-16 to discuss bilateral ties with her Moroccan peer Nasser Bourita after a period of faltering ties on the backdrop of France’s limiting number of visas for Moroccans. The news was relayed by the AFP which also cited Colonna saying she will […]
Morocco and Belgium have decided to convene their joint high cooperation committee in Rabat in 2023 to strengthen further multiform partnership set between the two countries. The decision was made during a virtual meeting held between Head of Govt. Aziz Akhannouch and Prime Minister Alexander De Croo. Talks focused on the need to step up […]
Morocco is considering partnering with Gautam Adani — Asia’s richest person — on a large-scale hydrogen project amid a renewable energy push to meet demand at home and in Europe. Authorities are thinking of signing final investment decisions for “at least two competitive industrial projects” in 2023, Moroccan Energy Transition Minister Leila Benali told Bloomberg […]