Business Headlines Morocco

Morocco: Nissan to multiply two-fold its market share in Morocco

Car giant company Nissan Tuesday indicated that it envisions increasing its market share in Morocco by 2016 and make the kingdom its pivotal point to conquer the African continent. Nissan Boss for Africa, Middle East and Far East Christian Mardrus speaking at the launch of a new Nissan show-room in Casablanca said the car producing […]

Energy Headlines

Renewable Energy: Ex-French energy minister plans $3 Bln fund for africa

Jean Louis Borloo, France’s former energy minister hopes to raise $3 billion from Western donors by next year to help cash-strapped African nations fund renewable energy projects, in a bid to tackle pollution and spur development. According to Jean Louis Borloo, his project to bring energy to 600 million Africans already had commitments from Western […]

Algeria Headlines

Algeria calls for security partnership with Chad and Niger

The foreign ministers of Algeria, Chad and Niger met in Algiers on Sunday to discuss the security challenges facing the Sahel region with emphasis on the ongoing Libyan war while showing support for the implementation and respect of the peace agreement in Mali. Algeria’s Minister of Maghreban, African and Arab Affairs Abdelkader Messahel said that […]

Africa Business Headlines Morocco

Volkswagen Reportedly Chooses Morocco not Algiers

It seems that Morocco has won another battle against its neighbouring arch-rival Algeria, member of the OPEC cartel. After months of secret negotiations with the two countries, German automaker Volkswagen is believed to have finally picked Morocco to install its new plant following suit of French groups Renault and Peugeot-Citroen. According to sources close to […]

Headlines Mauritania

Mauritania frees Ansar Dine spokesman, concerns raised

Mauritania has released the former spokesman of Ansar Dine, Sidi Mohamed Ould Mohamed Ould Bouamama, aka Sanda Ould Bouamama, from prison raising fears that he would engage again within the extremist group and resume participation in terror activities. Mali had issued an international arrest warrant against him for alleged crimes he had committed during the […]

Headlines Libya

Mediterranean-Migrants: death toll reaches 2,000, Libya, the port of departure

The International Organization of Migration (IOM) reported Tuesday that the number of illegal migrants who have died so far this year while trying to reach European shores has reached the unprecedented number of 2,000 and that Libya remains the main port of departure for the deadly trip. “Over 2,000 migrants have died so far this […]

Headlines Libya

Libya: London court rules against Libya, millions to be paid in compensation

Libya has received its first setback in its legal battle with financial and managerial institutions after the High Court of England and Wales ordered the Libya Africa Investment Portfolio (LAIP) to pay more than $15 million as damages to Catalyst Managerial Services (CMS) and the amount could surpass half a billion dollars. LAIP is a Malta-based […]

Africa Headlines International Uncategorized

Africa has the potential to be the next center of global economic growth, President Obama

“Africa has the potential to be the next center of global economic growth… and despite its many challenges, Africa is a place of incredible dynamism, some of the fastest-growing markets in the world, extraordinary people, extraordinary resilience,” President Barack Obama said. In a speech at the White House celebration of the signing of the African […]

Columns Features Opinions

Morocco Building Africa’s Future for Africans’ Sake 

Can Africa rely on its own resources and capacities to hit its development targets? Until the few past years, nobody believed that Africans can really do it except Morocco which has always said it is doable. It seems that the North African nation loves to take up challenges. This Muslim, Arab & African country (US […]

Business Features Headlines Morocco

Morocco’s King in Guinea-Bissau to Shore Up African Partnership

Africa clearly matters for Morocco as the King of this North African nation continues his diplomatic tour in the continent and steps up the gear to reinforce African partnership, banking on home-grown resources and capacities to meet African people’s expectations. After a week-long visit to Senegal that culminated in the signing of several important cooperation […]