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 […]
Europe
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]









