First Independent Mena Newspaper
Trade import and export volumes between China and countries from Africa have grown significantly in 2018, but only 15 countries from the continent have benefited from the growth. According to Chinese customs service, most of these countries are located in sub-Saharan Africa, with the exception of Libya. These are Angola, South Africa, Congo, DRC, Zambia, […]
A delegation of Tunisian investors is in Ghana to explore business opportunities from different sectors including Agric-food, information technology, construction and engineering, state-run news agency reported. According to Deputy Trade Minister, Carlos Ahenkorah, the move will allow Tunisia to manifest its business prospects in Ghana to complement the West-African nation’s industrialization agenda. MrAhenkorah urged the […]
Trade between Morocco and France grew by an annual average rate of 5.8% between 2010 and 2017, standing at 109.3 billion dirhams, Morocco’s finance ministry said in its statistics. Between 2016 and 2017, trade between the two countries expanded by 6% as Moroccan exported 56.8 billion dirhams to France and imported 51.9 billion dirhams. France […]
Morocco’s exports to the EU grew by 9.5% in 2017 while its imports increased 7%, Eurostat said. Spain remains Morocco’s first EU customer with 41.4% of its total exports to the EU followed by France (29.6%), Italy (6.7%), the UK (5%) and Germany (4.3%). Spain is also Morocco’s first EU supplier accounting for 35.6%, followed […]
Spain remained Morocco’s top trading partner in 2016 with trade turnover totaling $10.6 billion up from $9.3 billion in 2015, Morocco’s foreign exchange regulatory authority, L’Office des Changes said. Between 2015 and 2016, Morocco’s imports from Spain rose from $4.4 billion to $6.2 billion, while its exports to the country jumped from $4.2 billion to […]
For the fourth year in a row, Spain stands as the main trading partner for Morocco in 2016, Morocco’s statistics office said. Spain stands as Morocco’s main trading partner taking 23.3% of the total Moroccan exports and providing 15.7% of its imports in 2016, the same source added. The EU as a whole took 46% […]
The European Union pledged to take the necessary measures to secure the implementation of the existing Free Trade Agreement for processed agricultural products and fishery products binding it to Morocco and preserve the achievements made under the two sides’ partnership in this area. The pledge was made during the meeting that gathered in Brussels Tuesday […]
US magazine Newsweek highlighted that Morocco’s readmission to the African Union offers an opportunity to further boost trade with African countries. The magazine notes that on the economic front Morocco’s return to the AU will enable it to “benefit from intra-African trade regions to the same extent as other countries.” Membership in the continental bloc […]
King Mohammed VI of Morocco hosts this week President of Rwanda Paul Kagame who arrived Monday in the North African country on a two-day official visit to foster cooperation ties. The Moroccan Sovereign will hold talks with his African guest and will host an official iftar in his honor and his accompanying delegation at the […]
Ties between Algeria and Kenya were boosted after the latter opened an Embassy there with Moi Lemoshira as Ambassador Extra-Ordinary and Plenipotentiary. During the presentation of his credentials on Sunday to Presdient Bouteflika, Lemoshira hailed the ties between the two countries and was hopeful that the signing of the Agreement on the Establishment of Joint […]