Africa Business Headlines International Morocco

Morocco-Africa: Cabinet Council adopts bill on AfCFTA

he Moroccan Cabinet Council adopted Thursday at its weekly meeting Bill 11.19 ratifying the agreement establishing the African Continental Free Trade Area (AfCFTA), signed in March 2018 in Kigali, capital of the Rwanda. The announcement was made by the Government Spokesperson Mustapha El Khalfi at the press briefing that followed the meeting. To enter into […]

Africa Energy Headlines International

Africa: Fitch advises mining firms to invest in renewable energy

A report published by Fitch Solutions has indicated that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa, mining companies operating in the region should invest in renewable energy. “Off-grid mines could benefit from reducing mining companies’ dependency on diesel while taking advantage of the favorable climate conditions in the area,” Fitch […]

Europe Headlines International Morocco

Migration: Rabat, Madrid deny any deal allowing Spanish rescue boats to dock in Moroccan ports

Morocco and Spain have both flatly denied the reports circulated by some Spanish media alleging that the two countries have reached an agreement, allowing Spanish rescue boats of illegal immigrants to dock in the northern ports of Morocco. “This is false and arch-false, information. There is no agreement on this matter with Spain,” said Mustapha […]

Americas Business Headlines International Morocco

US Corteva Agriscience Sets up in Casablanca its African Regional Hub

Corteva Agriscience, Agriculture Division of DowDuPont, has decided to install its North-West & West Central Africa regional headquarters in Casablanca, Morocco. The Casablanca office will act as Corteva Agriscience’s business center for customers, partners and consumers in its main regional markets in Africa, bringing farmers the right mix of seeds, crop protection and digital solutions […]

Asia Headlines International Morocco

Pakistani General Zia Ur Rehman Appointed MINURSO New Commander

Major General Zia Ur Rehman of Pakistan has been appointed as Force Commander of the United Nations Mission for the Referendum in Western Sahara (MINURSO) by United Nations Secretary-General António Guterres, the UN announced in a statement. Major General Ur Rehman succeeds Major General Xiaojun Wang of China, whose tour of duty ended on 17 […]

Africa Headlines International

As Cotonou Agreement Nears Expiry, EU Negotiates a New Deal with a More Assertive Africa

As the Cotonou Agreement binding the European Union to 79 countries in Africa, the Caribbean and the Pacific (ACP) is expiring in May 2020, negotiation on a new deal are ongoing, reported recently the European news website eubulletin.com. EU policymakers are hoping to make progress soon since there is growing assertiveness of African governments and […]

Africa Business Headlines International Morocco

Morocco, Ethiopia to foster trade and investment partnerships

Morocco and Ethiopia are examining the means to bolster bilateral trade and investments through establishing joint-ventures and win-win partnerships. This came at a meeting between head of the Moroccan exporters associations, Hassan Sentissi El Idrissi, and Ethiopian ambassador in Rabat Yeshi Tamirat. The two men discussed ways to develop economic relations, with emphasis on the […]

Americas Energy Headlines International Morocco

Morocco offers attractive incentives for oil, gas exploration- Forbes

Morocco offers an attractive business climate and numerous incentives to investors in the oil and gas prospection, said Forbes. The US magazine described Morocco as a “North African economic powerhouse” that has a promising oil and gas industry. The article zooms on the efforts undertaken by the Hydrocarbons and mines office (ONHYM) in terms of […]

Africa Energy Headlines International

Zambia–Zimbabwe: Batoka Gorge Hydro Power Project Taking Shape

Zambia and Zimbabwe have shortlisted American, European and Chinese companies to build the Batoka Gorge hydro power plant. The consortium of General Electric and Power Construction Corporation of China, Salini Impregilo of Italy and a joint venture of Chinese firms Three Gorges Corporation, China International and Water Electric Corporation and China Gezhouba Group Company Ltd […]