Africa Business Europe Headlines International Maghreb Morocco

CFC Teams up with Barcelona Financial Center to Bolster Investments between Morocco, Spain, Africa

Casablanca Finance City (CFC) and Barcelona Center Financer Europeu (BCFE) have sealed a cooperation agreement to enhance and tap investment opportunities between Spain, Morocco and Africa The deal lays the foundation for a sustainable cooperation that aims to promote investment opportunities between Spain, Morocco, Africa’s gateway. The Moroccan and Spanish financial centers pledge to set […]

Africa Energy Europe Headlines International

Zambia to rehabilitate hydroelectric power plant with a $46m German loan

The German development agency, Kreditanstalt für Wiederaufbau (KfW), has signed an agreement with Zambia related to the rehabilitation and extension of a hydroelectric power plant. The agreement reached between the Zambia Electricity Supply Corporation (Zesco) and KfW involves a $46 million loan for the rehabilitation and expansion of the Chishimba hydroelectric power plant in Kasama […]

Business Europe Headlines International Maghreb Morocco

Swissport Wins Contract of Ground Handling Services in 15 Moroccan Airports

Swissport International has won an international tender launched by Morocco for ground handling services in 15 airports. Under the seven-year contract, the handling company pledges to provide best ground services in the airports of Agadir, Al Hoceima, Casablanca, Dakhla, Errachidia, Essaouira, Fès, Laâyoune, Marrakech, Nador, Ouarzazate, Oujda, Rabat, Tangier and Tetouan. The company vowed to […]

Egypt Europe Headlines International Maghreb

Theft of archeological artifacts: Former Italian diplomat wanted in Egypt

Egypt’s attorney general Tuesday ordered the arrest and trial in absentia of a former Italian diplomat who is believed to have been involved in the smuggling out of 21,855 archeological artifacts, which had been returned to the Arab country. In a statement from his office, Nabil Ahmed Sadek demanded the arrest of honorary consul in […]

Business Europe Headlines International Maghreb Morocco

Italy’s Proma joins Morocco’s Kenitra automotive cluster

Italy’s Proma is the latest in a series of world-class car-part manufacturers that opened plants in Kenitra as Morocco has stood out as the largest car producer in the continent offering a competitive investment platform for exports to Europe and Africa. The new plant was built in a record time of 6 months for a […]

Europe Headlines International Maghreb Morocco

UK wants closer ties with Morocco, supports UN process in Sahara

The UK government said it wants closer cooperation ties with Morocco and expressed its full support for the North African country’s efforts to settle the Sahara conflict as part of the UN process. The British position was expressed following the second UK-Morocco Strategic Dialogue held in Rabat Tuesday with the attendance of Middle East Minister […]

Europe Headlines International Morocco

Former Formula 1 two times champion Fernando Alonso to take part in Rally Morocco

Former Spanish Formula 1 legend Fernando Alonso will take part in the Rally Morocco, next month, as a rehearsal for his participation in Rally Dakar next year in Saudi Arabia, his team Toyota Gazoo Racing has announced. The rally is slated for October 3-5 and is viewed as the traditional warm-up event for the Dakar […]

Asia Business Europe Headlines International Maghreb Morocco

Morocco’s car-making sector, a magnet for world-class suppliers

Morocco keeps attracting global car parts manufacturers thanks to the infrastructure and business climate it offers. Yazaki is one of the Japanese car part manufacturers who grabbed the investment opportunities offered by Morocco as a platform for exports to Europe and Africa. The company, which opened its first Moroccan plant in Tangier in 2000, is […]

Africa Europe Headlines International

ICC prosecutor to appeal Gbagbo’s acquittal

The office of the prosecutor of the International Criminal Court on Monday said her office would appeal the acquittal of former Ivorian President Laurent Gbagbo. The Hague-based court acquitted ex-President Laurent Gbagbo earlier this year. He had been charged with crimes against humanity in connection with violence following a disputed 2010 election that left 3,000 […]

Europe Headlines International Morocco

Morocco: Kenitra Rail Station Wins World Architecture & Design Award

The new railway station of the Moroccan city of Kenitra has won the Special Prize Exterior of the 2019 World Architecture & Design Award (Prix Versailles). The awards ceremony was held Thursday at the UNESCO headquarters in Paris. The prize is a recognition of the efforts made by King Mohammed VI for the development of […]