Business Headlines Morocco

Morocco, an attractive destination for global textile manufacturers

Morocco is becoming a growingly attractive destination for global textile companies, as world’s leading textile groups are migrating from traditional Asian manufacturers to closer markets offering favorable conditions, such as Morocco. Several brands from the European Union, the UK and the U.S. have been sealing deals with Moroccan companies in the textile industry as an […]

Energy Headlines Morocco

Moroccan Government adopts bill encouraging self-production of electric energy

The Moroccan Government Council has adopted a bill relating to the self-production of electric energy. The bill, presented by the Minister of Energy Transition and Sustainable Development, Leila Benali, during the Government Council held Thursday, adapts the legislative and regulatory framework governing the self-production of electric energy. It aims, in particular, to regulate the activity […]

Africa Business Europe Finance Headlines International Morocco

CIMAF gets €161.5m loan from IFC, EAIF & Proparco to expand operation in Mali, Senegal & Ghana

Ciments de l’Afrique (CIMAF) a subsidiary of Morocco-based Omnium des Industries et de la Promotion (OIP) has landed a €161.5-million loan from the International Financial Corporation (IFC), French-government-owned Proparco, and Emerging Africa Infrastructure Fund (EAIF) earmarked to increase capacities of its grinding plants in Mali, Ghana, and to launch a state-of-the-art integrated cement plant in […]

Africa Headlines International Morocco

King Mohammed VI receives Gabon’s President in Bouznika

King Mohammed VI received on Thursday at the Royal Palace of Bouznika President of the Gabon Ali Bongo Ondimba, who is on a visit to Morocco. The meeting between the two heads of state reflects the exemplary nature of Moroccan-Gabonese partnership, as well as the friendly relations binding the peoples of the two countries. The […]

Africa Headlines International Morocco

Morocco hosts Pan-African Youth Union headquarters

Pan-African Youth Union (PJU) will have its headquarters in Rabat, under an agreement initialed Thursday between the Minister of Youth, Culture and Communication, Mohammed Mehdi Bensaid on the one hand, the President of the Union, Aliou Oumarou and the Secretary General of the PJU, Mr. Souleymane Satigui Sidibe, on the other. “The Pan-African youth is […]

Asia Business Finance Headlines International Morocco

Morocco’s development policies & reforms, an example in MENA region – WB official

Vice president for the MENA region at the World Bank (WB), Ferid Belhaj, said on Wednesday in Rabat that Morocco’s development policies and reforms are an example for the whole MENA region, renewing the international financial institution’s backing to these policies and reforms. During a working session with Minister of Economy and Finance, Nadia Fettah […]

Algeria Headlines Maghreb Morocco

Sahara: UN 4th Committee reiterates support to UN political process for settlement of the regional dispute

The Fourth Committee of the UN General Assembly adopted this week a resolution reaffirming its support for the political process conducted under the exclusive auspices of the United Nations for the settlement of the regional dispute over the Sahara. The resolution calls on all parties to cooperate fully with the UN Secretary-General and his personal […]

Africa Headlines International Morocco

Tragic fuel tanker explosion: Morocco’s King sends message of condolences to President of Sierra Leone

King Mohammed VI has sent a message of condolences and sympathy to President of Sierra Leone, Julius Maada Bio, following the tragic explosion that occurred in capital Freetown lately, leaving more than 100 people dead. In this message, the King expressed deep sadness at the news of this tragic explosion, which occurred in Freetown and […]

Europe Headlines International Morocco

COP26-Health: Morocco among countries pledging to develop up low-carbon health system

Morocco is among the group of 50 countries which committed to develop a climate-resilient and low-carbon health system at the UN Climate Change Conference currently held in Glasgow (COP26). Forty-five of these countries, including some of those most vulnerable to the health harms caused by climate change as well as some of the world’s biggest […]

Algeria Europe Headlines International Maghreb Morocco

Sahara: EU supports a “just, lasting and mutually acceptable” political solution

The European Union (EU) expressed, before the 4th committee of the UN General Assembly in New York, its support for a “just, lasting and mutually acceptable” political solution to the regional conflict around the Sahara. Speaking on behalf of the EU, the representative of Slovenia said that the Union “encourages” the parties to work towards […]