First Independent Mena Newspaper
Morocco’s Phosphate group, OCP, and Chinese Hubei Forbon, which specializes in fertilizer additives, have signed a comprehensive partnership agreement under which they will jointly develop a new generation of eco-friendly fertilizers. Under the partnership, the two companies will work together develop a new generation of high added-value fertilizers such as biostimulants, sulfur fertilizers, fertilizers with […]
BMCE Bank of Africa has signed a partnership agreement with China-Africa Business Council to support and facilitate the task of Chinese investors in Morocco and more broadly throughout Africa. The agreement was initialed on the sidelines of the just concluded China-Africa Summit held in Beijing (September 3-4) and the China-Africa Cooperation Forum in the private […]
Chinese Car maker SAIC will turn Tunisia into one of its regional hubs outside China, under an agreement between the Chinese firm and Tunisia’s Meninx Holding. The signing of the agreement between the two firms took place on the sidelines of 3rd China-Africa Cooperation Forum, which was held September 3-4 in the Chinese capital, Beijing. […]
Algeria is the latest country to join Beijing’s Belt and Road Initiative (BRI). A memorandum of understanding has been signed by officials of the two governments to develop infrastructure and strengthen ties between the two countries through the BRI. According to Algeria Press Service the memorandum was signed by Algerian Foreign Minister Abdelkader Messahel and […]
Several Chinese businessmen have discussed in Beijing with Head of Moroccan Government Saadeddine El Othmani their investment projects set for the North African country and reviewed ways to facilitate their implementation to help create jobs within the frame of a “win-win partnership”. The Chinese entrepreneurs met El Othmani on Monday on the sidelines of the […]
In the first five months of 2018, more than 100,000 Chinese tourists visited Morocco, which lifted the visa on Chinese nationals in 2016. Last year, they were 120,000 Chinese tourists among nearly 11 million tourists who visited the North African kingdom where Chinese restaurants are mushrooming. At the China-Morocco Tourism Forum held in Casablanca in […]
Chinese workers at GAEA construction company staged a sit-in in Oran to demand the payment of their wages and urged President Abdelaziz Bouteflika to intervene. GAEA has been doing business in Algeria since 2008. It has asked the Algerian development company Chaabane Belazzoug to pay up to $1.6 million, but the company has ignored the […]
Casablanca Finance City (CFC) signed a partnership agreement with Xicheng District Financial Development Promotion Center (XDFDPC) to promote investment opportunities between the two countries. The agreement is in line with CFC’s expansion strategy after it signed similar agreements with London, Luxembourg, Montreal, Paris, Astana and Busan. Under this agreement, the two parties shall cooperate in […]
Morocco has recently added China’s guided MLRS (Multiple Launch Rocket System) to its arsenal in a bid to bolster its ground to air deterrence capabilities. Morocco has acquired four batteries of the long-range Chinese missile system, local media reported. Maximum range of fire is 200 km, however some sources claim that it might be up […]
As it seeks to diversify its tourist emitting markets, Morocco sees enormous opportunities in the Chinese market, which has 130 million tourists traveling abroad annually and spending generously. Morocco has therefore taken a series of incentives to attract 500,000 Chinese tourists by 2020 up from 10,000 in 2015. Soon after the visa exemption decision was […]