Asia Business Headlines International Morocco

India seeks food security through more Moroccan phosphates supplies

Indian chemicals and fertilizers minister Mansukh Mandaviya will be visiting Morocco this month to seal long-term phosphates supply deal amid surging prices in the international market. Indian media reported that in addition to Morocco the minister, accompanied by Indian firms, will also visit Egypt to set up plants for Diammonium Phosphate (DAP) and Nitrogen-Phosphorus-Potassium (NPK) […]

Headlines Morocco

Morocco: E-visa for nationals of four more countries as of Jan. 10, 2023

Nationals of Jordan, India, Guatemala and Azerbaijan will benefit from the electronic visa (e-visa) to visit Morocco from January 10, 2023, the Ministry of Foreign Affairs announced this Wednesday in a statement. This decision is part of the efforts made by the Kingdom, on the national and international levels, aiming at the digitization of public […]

Asia Business Energy Headlines International Morocco

India’s richest person to invest in a 10 GW project in Morocco

India’s richest person Gautam Adani is negotiating with Moroccan authorities the setting up of a giant clean energy project that would produce 10 gigawatts, Bloomberg reported. Adani’s group is considering building solar and wind plants as well as facilities to produce and export green hydrogen, the news agency reported citing anonymous sources. Morocco currently has […]

Business Emerging Markets Headlines

Indian pharma company halts cough syrup production after Gambia child fatalities

India has halted all production at Maiden Pharmaceuticals’ main factory near New Delhi after a WHO report that the company’s cough syrups exported to the Gambia may be linked to the deaths of dozens of children there. The recent incident which has claimed the lives of 69 children, according to WHO, has come as a […]

Africa International

UNGA: Africa is still divided in its stance on Russia’s war in Ukraine

African countries have been divided over the vote in the United Nations General Assembly on Wednesday (12 October) that in the end condemned Russia’s “illegal annexation” of Ukrainian territories after Moscow vetoed a similar text in the Security Council in late September. Twenty-six African countries voted in favor of, while nineteen others abstained in the […]

Energy

Oil India to conduct exploration test at Gabon’s Lassa oil field

Indian state-run oil company, Oil India, will soon conduct exploration tests at Lassa oil field, in Gabon’s central region of Lambaréné, Gabon Actu reports. Manas Kumar Sharma, CEO of the company made the announcement as he met with Vincent De Paul Massassa, the Oil and Gas minister of the central African country. “We came to […]

Business Emerging Markets

Start-ups are eyeing Kenya as African e-mobility hub

E-mobility start-up Roam recently partnered with M-Kopa, a Nairobi-based clean energy financier, to provide thousands of e-motorcycles to riders in Kenya, after becoming the first startup in the country to convert petrol-powered motorbikes to electric last year, starting with a fleet of 100. “This is one of the biggest leaps for electric mobility in Africa,“ […]

Asia Egypt Headlines International

India mulls $700m investment in Egypt in coming years

New Delhi’s ambassador in Cairo Ajit Gupte announced plans by the Asian country to invest $700 million in the coming few years, Arab News reports. Gupte made the announcement during a meeting with Egyptian and Indian businessmen. Indian investments in Egypt currently stand at $3.15 billion, the diplomat also noted. The announcement came as a […]

Asia Energy Headlines International Morocco

Morocco’s agency for sustainable energy, India’s largest energy conglomerate sign MoU on renewable energy projects

The Moroccan Agency for sustainable energy (MASEN) and India’s National thermal power corporation (NTPC) signed a memorandum of understanding, providing for carrying out of joint projects in the field of renewable energy. Under the MoU, MASEN and NTPC will work on capacity building and share their experiences and expertise in the renewable energy field. The […]

Asia Business Headlines International Morocco

Indian IT giant HCL Technologies to invest in outsourcing sector in Morocco

Morocco and India’s technology giant Hindustan Computers Limited (HCL) signed over the weekend an agreement on an investment project meant to boost technology cooperation. In a joint communique released following the signing ceremony Saturday in Noida, India, the two partners indicated that the agreement underlines HCL’s determination to invest in Morocco in the outsourcing sector. […]