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Catalan delegation on economic mission to Morocco

A high-level economic and institutional delegation from Catalonia is expected in Morocco this Tuesday on a three-day strategic business mission, aimed at strengthening commercial and economic relationships between the northeastern Spanish region and the kingdom. This initiative represents a significant step in expanding cross-border cooperation between two economically dynamic regions. The mission, organized by Foment […]

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Moroccan H&S Invest Holding partners with French Casino Group to open over 210 convenience stores in Morocco

French retailer Casino group has partnered with Moroccan H&S Invest Holding to open more than 210 convenience stores under the Franprix and Monoprix brands across Morocco over the next ten years. The partnership agreement was signed Monday in Rabat by Moncef Belkhayat, President of H&S Invest Holding, and Philippe Palazzi, CEO of Groupe Casino. The […]

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Uganda cuts defense ties with Germany over allegedly ‘subversive’ ambassador

Uganda has abruptly suspended all military and defense cooperation with Germany, citing alleged “subversive activities” by German Ambassador Matthias Schauer. The Uganda People’s Defence Forces (UPDF) announced the decision on Sunday (25 May), accusing Schauer of engaging with “hostile pseudo-political groups” operating within the country. “This suspension will remain in force until the matter is […]

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Morocco, World 3rd largest tomato exporter

Morocco has emerged as the world’s third-largest exporter of fresh tomatoes, driven by robust demand from European markets and a strategic shift toward high-value varieties, Morocco’s agri food export agency Foodex said. The North African country now holds an 11% share of the global fresh tomato export market, trailing only Mexico and the Netherlands, according […]

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Morocco emerges as world’s most cost-efficient car-making powerhouse

Morocco has claimed the top spot as the most cost-effective country for automobile manufacturing, with its labor costs per vehicle, in addition to its modern production facilities, streamlined designs, and reliable supply chains, according to a recent global report by consulting firm Oliver Wyman. The study, which examined over 250 vehicle assembly plants worldwide, found […]

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EU-AU meeting: ‘Africa does not need patrons, but strategic partners’

Amid escalating global instability and a shifting geopolitical landscape, foreign ministers from the European Union and African Union (AU) met in Brussels this week to reaffirm their commitment to peace, security, and economic partnership. Marking the 25th anniversary of formal EU-AU dialogue, ministers agreed to bolster cooperation in areas like migration, digital infrastructure, critical raw […]

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Morocco’s ONEE secures €300 million for grid modernization

Morocco’s National Office of Electricity and Potable Water (ONEE) has secured €300 million in financing from European institutions to modernize the country’s electrical infrastructure, marking a significant step in the kingdom’s renewable energy transition. The funding package combines €170 million from the European Investment Bank (EIB), €130 million from Germany’s KfW development bank, and support […]

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Morocco, Slovakia discuss ways of strengthening cooperation in the defense industry

Morocco and Slovakia have discussed at a meeting in Rabat Thursday ways of strengthening their cooperation in the defense industry. The meeting gathered Morocco’s Minister in charge of the National Defense Administration, Abdeltif Loudyi, and Slovak Deputy Prime Minister and Minister of Defense, Robert Kaliňák, who was accompanied by a high-level military delegation and senior […]

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Sahara: Slovakia lauds Morocco’s autonomy plan as basis for reaching definitive solution

The Republic of Slovakia has voiced firm support for the Autonomy plan offered by Morocco under its sovereignty, saying the plan is a basis for reaching a definitive solution to the Sahara regional conflict. The supportive stand comes in a joint statement issued Thursday in Rabat following the meeting of Slovak foreign minister Juraj Blanár […]

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SKF opens magnetic bearing plant in Morocco to meet growing demand

Swedish SKF Company, world leader in most innovative bearings, seals & lubrication systems, has opened its new factory in Tangier, Northern Morocco. The production site will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group’s position as a global leader in […]