First Independent Mena Newspaper
The 4th annual meeting of Africa free zones was held in Addis Ababa, Ethiopia, this Tuesday under the theme “Economic Zones – Accelerator for Industrialization in Africa”. The meeting, sponsored by Africa Free Zones Organization (AFZO), was held during the “Africa Industrialization Week”, organized by the African Union Nov. 18 to 22. Over 220 delegates […]
Morocco’s security services seized on Tuesday over 5.5 tons of cannabis at the Tangier Med-Port. The drugs were concealed in an international cargo truck that was heading to a European port. A statement released by the General Directorate of National Security (DGSN) said the driver, a 30-year-old Moroccan national, was arrested. The illegal substance was […]
Morocco opened two new terminals at Tanger Med port which puts it in the top 20 largest container ports in the world and first in the Mediterranean with a handling capacity of 9 million containers. The port was opened at an official ceremony Friday chaired by Crown Prince Moulay Hassan who represented the King Mohammed […]
Varroc Lighting Systems opened Tuesday a greenfield 17,000-square meter facility in Tangier, Morocco. The facility produces headlamps, rear lamps, and daytime running lamps for current and future customers located in Morocco, Spain, and France. Speaking on this occasion, Moulay Hafid Elalamy, Minister of Industry, Investment, Trade and Digital Economy, said the opening of this plant […]
Morocco has invested heavily in ports infrastructure to become a competitor of its European neighbors, Spain and Portugal, in port-related items in international rankings, Jaime Pérez-Seoane de Zunzunegui, regional editor for North Africa for Oxford Business Group told the Wall Street Journal. “Morocco’s ports really shine, ranking 16th globally for liner shipping connectivity, and 28th […]
Tanger-Med, one of the largest ports in the Mediterranean, took part on September 20-22 in the third Meeting of the African Economic Zones held by The African Free Zones Organization (AFZO). Themed “Economic Zones and Free Zones’ contribution to sustainable economic development in Africa,” the event brought together representatives of 30 African countries as well […]
Passenger traffic at Tanger-Med port jumped by 202% this summer compared to 1,741,212 passengers last year. The number of vehicles handled by the port hit 464,977 while the number of buses rose to 4,390, the port’s authority said. It ascribed the recent car jam that stretched for nearly 18km from the port to the high […]
Tanger Med was ranked as the first container port in Africa and the 45th in the world in a survey by World Top Container Ports. With a capacity of 3 million containers, the Moroccan port has handled 3,312,409 containers in 2017 that is 11% over its capacity, the Port authority said in a statement. This […]
After Bosch, Huawei, 3M et Decathlon, Emirates Logistics Group has teamed up with Adidas AG, the German sports clothing manufacturer, to open a 13,000 m3 logistics hub in Morocco’s Northern Tanger Med port. The warehousing and distribution center will handle around 5 million Adidas products destined for North and West Africa markets. For Abdelkader Amara, […]
The Algerian government has given the green light for the construction of a $3.3 billion-deep-water port at the industrial zone of El Hamdania, 70km west of the capital Algiers, local media reported. The Algerian port will be developed by China Harbor Engineering, and China State Construction Engineering Corporation, which, combined, will hold a 49% stake […]