Asia Business Finance Headlines International Morocco

Kuwait Funds Second Phase of Morocco’s TGV with 474 million Dirhams

Morocco and the Kuwaiti Fund for Arab Economic Development signed a financing agreement of the second phase of the high-speed train TGV worth 474 million Dirhams. This loan attests to the strong partnership between the two countries and the interest of Kuwait in Morocco’s strategic development projects, said Morocco’s economy and finance minister Mohamed Boussaid […]

Headlines Morocco

Morocco Improves Drinking Water Supply Rate to 96% in Rural Areas

Morocco improves the access rate to drinking water in rural areas to 96.5% by the end of 2017, thanks to investments exceeding 1 billion dirhams annually. The information was disclosed by Morocco’s secretary of state in charge of water Charafat Afilal who was briefing MPs at a parliamentary session on the progress in terms of […]

Europe Headlines International Morocco

Importing Sahara Goods, Legal, in Line with International Law- Danish FM

Danish Foreign Minister Anders Samuelsen made it clear that importing products hailing from the Moroccan southern provinces, the Sahara, is legal and in line with international law since the local population benefits from the resources of the region. “Imports of goods emanating from the Sahara is legal and does not call into question international law […]

Africa Headlines International Morocco

International Condemnation following Death of Moroccan Peacekeeper in CAR

The international community condemned the attack against a peacekeeping convoy in the Central African Republic (CAR), in which a Moroccan peacekeeper was killed and three others were injured in a fire exchange on July 23. The attack took place when a convoy of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic […]

Africa Headlines International Morocco

CAR: Another Moroccan UN Peacekeeper Killed, Three Injured

One Moroccan UN soldier was killed and three others were injured in an attack launched Sunday by Christian armed militia in the Central African Republic targeting UN peacekeepers who were protecting a convoy of water trucks. “The attack took place while the Moroccan peacekeepers were escorting water tankers to the river to help resupply the […]

Africa Headlines International Morocco

ECOWAS Looks at Technical Ramifications of Morocco’s Membership

The Economic Community of West African States is studying the technical ramifications of Morocco’s membership, said Nigeria’s Foreign Minister Geoffrey Onyeama. Morocco’s request was accepted “in principle” by leaders of the group known as ECOWAS at a June 4 summit in the Liberian capital, Monrovia, recalled Onyeama. This shows that there is “no hostility” regarding […]

Africa Algeria Editorials Headlines International Mauritania Opinions

The Ins and Outs of Mauritania’s Decision to Seal off its Borders with Algeria

The decision by Mauritanian authorities to seal off borders with Algeria as a military zone forbidden to civilians is the tree that hides the forest. The closing of the borders signals cracks in the Algerian-Mauritanian short-lived alliance. As Mauritania tilts towards its Sahel neighbors in their efforts to counter the terrorism scourge, it takes steps […]

Headlines Morocco

Morocco Leads Maghreban Countries in FDI Flows

Morocco topped the countries of the Maghreb region in terms of attracting foreign direct investment (FDI) in 2016, according to a report established by the Arab Investment and Export Credit Guarantee Corporation. The North African kingdom attracted $2.3 billion worth of FDI in 2016, followed by Algeria with 1.5 billion, Tunisia with 958 million, and […]

Africa Headlines International Morocco

CAF Takes Key Decisions on African Football at Symposium Hosted by Morocco

The Confederation of African Football (CAF) wrapped up its extraordinary General Assembly in Morocco with the adoption of recommendations providing notably for moving from January to June the staging of the 2019 Africa Cup of Nations in Cameroun and expanding the participating teams from 16 to 24. The increase of the participating teams will put […]

Asia Business Headlines International Morocco

BMCE Bank, China’s CRCC Sign Agreement to Build Africa’s Tallest Tower in Rabat

BMCE Bank of Africa signed an agreement to build Africa’s tallest tower in Rabat with State-owned giant China Railway Construction Corporation (CRCC) and the General Construction Company of Casablanca (TGCC). Speaking following the signing ceremony in Casablanca, CEO of BMCE Bank of Africa said that the new edifice, which will be known as “Rabat Tower”, […]