Asia Headlines International Morocco

Rashmi Chowdhary, Morocco’s 1st Honorary Consul in Calcutta

Indian businesswoman Rashmi Chowdhary has become Morocco’s first honorary consul taking office in Calcutta, capital of the Indian State of West Bengal. Mrs. Chowdhary has started her new job in the consulate which has been inaugurated during a ceremony attended by Moroccan ambassador to India Mohamed Maliki, several local business leaders, representatives of finance corporations, […]

Asia Business Headlines International Morocco

Morocco’s Bank of Africa seeks to bring Indian investments to Morocco

Morocco’s Bank of Africa, formerly known as BMCE Bank, signed a deal with Export-Import Bank of India (EXIM Bank) to back investments in both ways. The MoU was signed during a Webinar by representatives of the two banks who highlighted investment opportunities in innovative sectors. Speaking at the video conference, Morocco’s ambassador to India Mohamed […]

Asia Headlines International Morocco

Morocco, India to ease visa procedures

Morocco and India expressed willingness to ease visa procedures notably for businessmen and tourists, Morocco’s foreign ministry said. This came during a videoconference between Morocco’s foreign minister and his Indian peer Subrahmanyam Jaishankar who expressed satisfaction at the growing ties between the two countries as evidenced by the signing of some forty agreements and memorandums […]

Asia Business Headlines International Maghreb Morocco

Morocco poised to unseat India, China as most competitive automotive investment destination

Morocco strives to improve its competitiveness in order to outperform India and China as the most attractive hub for automotive investments, Industry Minister Moulay Hafid El Alamy said. Morocco has offered propitious conditions for car manufacturers and part suppliers in key industrial clusters in Tangier, Casablanca and Kenitra. Building on its investments in low-carbon economy […]

Asia Headlines International Tunisia

COVID-19: Tunisian military fly out 25 stranded Indians

The Tunisian army has secretly repatriated 25 Indian nationals stranded in the North African country amid covid-19 pandemic, Tribune India reports. The group of 25 Indians touched down at Gandhi International Airport in Delhi on a special military aircraft on Saturday, the media says. The plane was on its way to bring back home Tunisian […]

Asia Headlines International Morocco

Covid-19: Morocco Receives Medical Donation from China, HCQ drugs from India

Morocco has received lately 36 respirators and 98,000 facemasks donated by Chinese state-owned Development Bank (CDB). The donation comes after Bank of Africa (BOA) of Moroccan BMCE Group had sent four months ago medical supplies to China following the coronavirus outbreak in Wuhan, Hubei province. After the Chinese hospitals, doctors and health workers were overwhelmed […]

Business Uncategorized

India Seeks Closer Economic Ties with Morocco

India is interested in strengthening its bilateral cooperation with Morocco notably in fields pertaining to economy and industry, India’s foreign minister Subrahmanyam Jaishankar said. The two countries, already bound by strong ties, have yet to unlock the full potential of their relations by increasing mutual investments and by examining prospects for a free trade agreement, […]

Africa Energy Headlines International

Seychelles commissions 700 solar-powered transit houses

The government of Seychelles has recently commissioned a real estate project that will provide 700 transit houses with solar energy for people affected by disasters.   Supported by the Indian government, the houses are located in Grand Anse, one of the islands of the archipelago.   According to Philip Morin, Public Utilities Corporation (PUC) Executive […]

Asia Headlines International Morocco

Morocco helped Sri Lanka avoid further attacks-Indian paper

Morocco has offered key intelligence to help Sri Lanka avert further attacks after offering tip offs that led to identifying the perpetrators of the Sunday Easter Bombing in the Island nation, Indian paper The Economic Times reported. “Morocco, which maintains a substantial information bank on ISIS and its network, provided leads to Sri Lanka in […]

Africa Asia Finance Headlines International

India allocates $180 million loan for drinking water projects in Ghana

Ghana has signed a $180 million agreement with Exim Bank of India to finance a drinking water supply project in the northern part of the country. The loan, bearing a 1.5% interest rate, will be repaid over a 25-year period. The money will be invested in drinking water supply projects. The project includes the construction […]