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New revolutionary Shell fuels launch in Morocco
Vivo Energy Morocco and Butagaz brand Liquefied Petroleum Gas have announced the launch of the new generation of Shell fuels.
Royal Air Maroc launches Miami-Casablanca route
Moroccan national carrier Royal Air Maroc (RAM) has launched the first-ever Miami-Casablanca route.
Chariot Oil & Gas awarded 75% interest in Lixus Offshore Licence, Morocco
Chariot Oil & Gas has announced that it has been awarded a 75% interest and operatorship of the Lixus Offshore Licence in Morocco.
European Investment Bank invests $15 million in Africa Industrialization Fund to support growth capital investments
The European Investment Bank has signed a commitment of $15 million with the SPE Africa Industrialization I Fund, targeting growth capital investments in SMEs and mid-market companies.
NAS partners with Wanzl and ICT.aero to enhance passenger experience in Morocco
The National Aviation Services (NAS), has partnered with Wanzl and ICT.aero to launch state-of-the-art electronic gates (E-gates) at its Pearl Lounge in the Marrakech Menara Airport departures area, Morocco.
DHL Express, Comdata and Hyundai among best companies to work for in Morocco, survey
16 companies have been recognized earlier as the Best Places To Work in Morocco for 2019 according to the annual workplace survey driven by the global research firm Best Companies Group USA.
North Africa dominates the desalination market by 80 per cent in Africa, Frost & Sullivan survey
A new study conducted by Frost & Sullivan shows that the desalination market in Africa has recovered from the global economic downturn in 2015-2017.
IFC, Tunisian government launch startup program to support entrepreneurs and create jobs
IFC and Tunisia’s Ministry of Communication Technologies and Digital Economy are launching a ground-breaking program designed to support high-potential startups and drive innovation across North Africa.
Maroc Telecom and Millicom sign agreement for acquisition of Tigo Chad
Maroc Telecom has announced that it has signed an agreement with Millicom to acquire the entire share capital of its subsidiary Tigo Chad.
MTN Congo, Orange Cameroon among 50 companies that have joined TM Forum
TM Forum, the global not-for-profit association focused on digital transformation has announced that 50 new companies joined the Forum in recent months.
Eni farms out to Qatar 30% stake participating interest in Morocco exploration blocks
Eni and Qatar Petroleum have signed a farm out agreement to enable Qatar Petroleum acquire a 30% participating interest in 12 exploration blocks in the offshore of Morocco.
[Morocco] Casablanca's stable real estate market attracts more investment, JLL report
Performance across Casablanca's real estate market remained relatively stable throughout 2018 with the announcement of new projects also enhancing investor sentiment across all sectors.
Jumia and Xiaomi partner to drive smartphone penetration in Africa
Jumia has signed an important partnership with technology leader Xiaomi at the Mobile World Congress in Barcelona, giving millions of users in Africa easy access to Xiaomi products.
SDX Energy expands presence in Morocco
SDX Energy Inc. has announced that it has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.
Corteva Agriscience Agriculture Division picks Casablanca as hub for North-West and West Central Africa
Corteva Agriscience™, Agriculture Division of DowDuPont, has launched its official North-West & West Central Africa regional headquarters in Casablanca, Morocco.
[Morocco] Boeing to optimize crew operations for Royal Air Maroc
Boeing has announced an agreement with Royal Air Maroc to use a suite of Boeing AnalytX-powered crew solutions to bring greater efficiency to the airline's planning and operations.
[Interview] Hayat Essakkati, Director, Maroc4Invest, Morocco
Hayat Essakkati is a Dutch/Moroccan entrepreneur and Director of Maroc4Invest, a company that secures foreign investors a smooth and efficient entry into the Moroccan market.
World Bank Group and Germany launch collaboration on Africa development projects
The World Bank Group and the German Federal Ministry for Economic Cooperation and Development (BMZ) have announced a deeper partnership for economic development in six countries in Africa.
Trade misinvoicing undermines the impact of international trade in developing nations, GFI report
A new analysis by Global Financial Integrity (GFI) indicate that Illicit Financial Flows (IFFs) due to trade misinvoicing, is a significant and persistent drag on 148 developing countries’ economies.
Solar-plus-storage beats combined-cycle gas in Jordan and Morocco, study
Solar-plus-storage is already competitive with the world's most efficient form of gas generation in Morocco and Jordan, according to new research from Wood Mackenzie Power & Renewables.
North Africa, Middle East economic growth improve on strengthened oil exports, imports, World Bank
Growth in the Middle East and North Africa is estimated to have improved to 1.7 percent in 2018, contributed by acceleration in activity of both oil exporters and importers.
[Morocco] IFC and Marrakesh Safi in deal to drive growth, create jobs
IFC, a member of the World Bank Group, and the governorate of Marrakesh-Safi have signed an agreement designed to improve the business climate and bolster the competitiveness of local enterprises
IFC, National Committee for the Business Environment partner to unlock potential of private sector in Morocco
IFC, a member of the World Bank Group, and the National Committee for the Business Environment (CNEA), have signed an agreement designed to improve the business climate in Morocco.
IFC and CNEA join forces to unleash Morocco's private sector potential
IFC, a member of the World Bank Group, and the National Committee for the Environment of Business (CNEA) have signed a memorandum of understanding to improve business climate in Morocco.
[Morocco] Vivo Energy and Zakoura Foundation partners with Education Ministry to educate on environment
Vivo Energy and the Zakoura Foundation have signed a partnership agreement with the Ministry of Energy National Education, Vocational Training, Higher Education and Scientific Research to bolster environmental education.
ACWA Power collaborates with ECOHZ to empower Morocco women
ACWA Power has announced collaboration with ECOHZ to empower local women and support communities in Morocco.
[Morocco] Royal Air Maroc receives first B787-9 Dreamliner from Boeing
Boeing has delivered the first 787-9 Dreamliner for Royal Air Maroc, introducing a second member of the super-efficient Dreamliner family to the airline's fleet.
[Morocco] ONDA partners with National Aviation Services to launch e-gates at Pearl Lounge
The Moroccan Airports Authority (ONDA) has partnered with National Aviation Services to launch the first electronic gates at the Pearl Lounge in the Marrakech Menara Airport departures area.
Moroccan Airports Authority partners with National Aviation Services to launch electronic gates at Airports in Marrakech
The Moroccan Airports Authority (ONDA) has partnered with National Aviation Services (NAS) to launch the first electronic gates (E-gates) at the Pearl Lounge in the Marrakech Menara Airport departures area.
North Africa mobile phone market sees strong growth as demand for feature phones surges, IDC
The North Africa mobile phone market, comprising Egypt, Tunisia, Algeria, and Morocco, saw year-on-year shipment growth of 11.5% in the third quarter of 2018.
Frost & Sullivan and AMIP to host healthcare meeting in Morocco
Frost & Sullivan has co-organized with Moroccan Pharmaceutical Industry Association, AMIP, to host its very first Healthcare Meeting.
IFC, Cluster Solaire support Cleantech start-ups’ ecosystem building in Morocco
IFC and the Cluster Solaire have launched a new Morocco Climate Entrepreneurship Program
Morocco Communal Council association and UEMOA partner to support financial decentralization
The Moroccan Association of Presidents of Communal Councils and the Council of Territorial Communities of the West African Economic and Monetary Union have partnered to support financial decentralization.
Morocco launches new satellite
Morocco has successfully launched a new satellite christened Mohammed VI-B.
[Morocco] Zenata, UNIDO seek to boost operations at eco industrial park
The Zenata Development Company (SAZ) and the United Nations Industrial Development Organization (UNIDO) are joining forces to ensure the sustainability of the Zenata industrial park in Morocco.
Largest Pan African gathering of city and local governments opens in Morocco
The largest pan-African congregation of cities and local governments, the 8th Africities Summit, has opened in Marrakesh Morocco under the theme ‘the transition to sustainable cities and territories.
[Morocco] Alstom welcomes high speed line with modern trains
Alstom will be part of the inauguration of the Tangier-Casablanca high speed line with its very high-speed trains supplied and delivered to the Office National des Chemins de Fer Marocain (ONCF).
Morocco creates mobile money service “m-wallet”
Moroccans can now use their mobile phones to send or receive money and pay for services.
[Morocco] Casablanca’s commercial market shows signs of recovery, report
Casablanca’s commercial sector showed signs of improvement in the first half of the year in 2018, reveals real estate management company JLL.
[Morocco] AfDB approves € 117 million for secure and sustainable access to drinking water
The Board of Directors of the African Development Bank Group has approved a €117 million loan to finance a Project to Ensure the Sustainability and Security of Access to Drinking Water in Morocco.
ECA launches first report on SDG implementation in Maghreb countries
The ECA Office for North Africa has launched the first Report on SDG implementation in Maghreb countries.
2018 DEMO Africa winners announced
DEMO Africa has announced the five winners for the for the 2019 edition of the Lions@frica Innovation Tour in Silicon Valley. The winners were announced after presenting their technologies to the world at the 7th edition of DEMO Africa held in Casablanca, Morocco.
IFC, Al Amana boost access to finance for small businesses in Morocco
IFC, a member of the World Bank Group, is strengthening its partnership with Al Amana, Morocco’s largest microfinance institution, to increase funding for micro- and small-scale entrepreneurs
Philip Morris International recognized as Africa's top employer
Philip Morris International Inc. has been recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.
[Morocco] Vivo Energy renews deal with Injaz Al Maghrib Association
Vivo Energy Maroc and Butagaz brand Liquefied Petroleum Gas, have announced the renewal of its partnership with the Injaz Al Maghrib association during a commitment session to the volunteer program.
UCLG Africa, partners set to host inaugural youth forum in Morocco
United Cities and Local Governments of Africa in collaboration with UN Habitat, UNODC and UNESCO will host the inaugural Youth Forum at the 8th Africities Summit which will take place from November 20-24, 2018 in Marrakesh, Morocco.
Morocco top tourist destination in Africa, survey
According to the July issue of Africa Tourism Monitor 2018, recently published by the African Development Bank, the continent earned $36.2 billion in revenue from 62.9 million international visitors in 2016.
Microsoft Partners with DEMO Africa to empower African startups
Microsoft has teamed up with the Lions@frica initiative of the African Technology Foundation to empower the startups finalists that will be pitching at DEMO Africa 2018.
Morocco receives seven million tourists in seven months
A total of 7 million tourists visited Morocco in the first seven months of 2018, up 7 percent year on year, according to statistics released by the Moroccan Tourism Ministry
Africa50 inaugurates its headquarters in Casablanca
On Friday, the pan-African infrastructure investment platform, Africa50, inaugurated its headquarters in Casablanca
Marrakech emerges key African hospitality hotspot, Cairo next - data
Based on H1 2018 figures from STR, provider of data and analytics for the global hotel industry, Marrakech has emerged as a standout performer among key African cities.
DHL appoints Christelle Fadel to head Morocco business
International provider of air, sea and road freight services, DHL Global Forwarding has appointed Christelle Fadel to lead its business in Morocco.
30 Startups finalists shortlisted for DEMO Africa 2018
DEMO Africa has announced the thirty startup finalists for the 2018 edition of the annual conference. The startups were selected following a few months of innovation roadshows, city tours and virtual adjudication across different countries in the continent.
IFC partners with Gaia Energy to increase wind development in Africa
IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa.
Barbados and Morocco strengthen ties
Barbadian and Moroccan officials have drafted a Memorandum of Understanding (MOU) on technical cooperation aimed at widening the areas in which both countries could collaborate.
[Morocco] Etihad Airways to introduce Boeing 787 Dreamliner to Rabat
Effective 3 October 2018, Etihad Airways will introduce the Boeing 787-9 Dreamliner on its scheduled services from Abu Dhabi to Rabat, capital of the Kingdom of Morocco, replacing the Airbus A330-300 currently serving the route.
[Morocco] SDX Energy receives $10 million credit facility from EBRD
SDX Energy Inc., the North Africa focused oil and gas company has announced that through its subsidiary SDX Energy Morocco Limited, has signed a facility agreement with the European Bank for Reconstruction and Development.
Morocco welcomes review of consumer protection regime
A tailor-made technical assistance project to reinforce the effectiveness of consumer protection law and policy in Morocco has been designed by UNCTAD after a novel voluntary peer review.
IFC, Moroccan Capital Markets Authority promote green bonds
IFC, a member of the World Bank Group, and AMMC, the Moroccan capital markets authority have announced a comprehensive set of guidelines for new financial instruments to address climate change.
GAZ and Africa Motors launch sale of commercial vehicles in Morocco
GAZ, a leading manufacturer of commercial vehicles in Russia, together with Africa Motors (Auto Hall Group), a new distribution partner of GAZ, has started selling a range of commercial vehicles GAZelle NEXT in Morocco.
AfDB approves $116 million loan to Central People's Bank of Morocco
The Board of Directors of the African Development Bank Group has approved a line of credit of 100 million euros for the benefit of the Central People's Bank of Morocco (BCP).
Kenya risk reward score among the highest in Sub Saharan Africa, index
Zimbabwe, Egypt and Ghana are the leaders when comparing their September 2017 risk-reward score with the score from June 2018, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics.
Morocco gets $125m from World Bank in solar tech financing
The World Bank has announced US$125 million in additional support for Morocco’s adoption of innovative solar technology.
AfDB Board approves €200m loan to support Morocco's Agriculture value chains
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive and Sustainable Development of Agricultural Value Chains in Morocco.
[Morocco] International Islamic Trade Finance Corporation extends partnership with Banque Centrale Populaire to support Africa- Arab countries trade
Under the umbrella of the Arab Africa Trade Bridges Program, the International Islamic Trade Finance Corporation has extended its partnership with the Banque Centrale Populaire by signing an agreement
[Morocco] SDX Energy discovers gas at LMS-1 well
SDX Energy Inc., the North Africa focused oil and gas company, has discovered natural gas at its LMS-1 exploration well on the Lalla Mimouna permit in Morocco.
Etihad Airways offers free stopovers to all Economy Class guests from the Middle East, Africa, Pakistan
Etihad Airways is offering one night’s free accommodation in Abu Dhabi to all guests travelling in Economy Class from destinations* in the Middle East, Africa and Pakistan, and stopping over in the nation’s capital.
IFC and Groupe Crédit Agricole du Maroc partner to support Morocco’s farming sector
International Finance Corporation, a sister organization of the World Bank, and Groupe Crédit Agricole du Maroc (GCAM), a major Moroccan bank, have signed an agreement to help farmers and agribusiness companies gain access to modern equipment.
[Morocco] Perry Ellis International enters footwear distribution partnership with Kennek FZE
Global designer of high men and women's apparel Perry Ellis International, Inc. has entered into a license agreement with Kennek FZE to source and distribute a full range of products under the Gotcha® brand.
Competition regulation takes hold in Africa
The top ten economies by Gross Domestic Product in Africa all have active competition regulation, save for Angola and Nigeria but those countries are in the process of establishing completion law regimes, which are expected to be up and running soon.
Maroc Telecom Q1 revenue up 5.6% as Morocco mobile services return to growth
Maroc Telecom's revenues for the first quarter increased to MAD 8.99 billion, up 5.6 percent at constant exchange rates thanks to significant revenue growth in Morocco and at its African subsidiaries.
Vivo Energy Morocco’s Shell Club Fidelity program reaches 500,000 members
Vivo Energy Maroc, the company in charge of the marketing and distribution of Shell brand fuels and lubricants in Morocco and Butagaz brand Liquefied Petroleum Gas, has reached 500,000 members for its Shell Club Fidelity program.
Etihad Airways increases services to Morocco
Etihad Airways, the national airline of the UAE, is boosting its popular services to Morocco to meet increased demand to and from its two gateways in the North African kingdom.
New training academy launched to improve driving and road safety in Morocco
Road accidents remain a major challenge to Morocco’s human, social and economic development, causing more than 3,000 fatalities per year.
South Africa, Kenya and Morocco drive Africa online retail sales, yStats.com report
Online retail sales in Africa accounted for less than one per cent of the global total last year, even though some nations have already undergone a rapid growth period.
Intelcia expands into Madagascar and Mauritius
Karim Bernoussi, Chief Executive Officer of the Intelcia Group, a major player in customer relations, announces the integration of outsourcing sites Outremer Télécom Maurice et Madagascar, which will now conduct business under the Intelcia banner.
[Morocco] Hilton partners with Wessal Capital to build 150 room hotel in Rabat
Hilton will once again be welcoming guests to the Moroccan capital city of Rabat from 2022 after a landmark deal was signed with Wessal Capital.
Morocco ranks top investment destination in Africa for 2017, followed by Egypt, Algeria, Botswana, Cote d’Ivoire - Quantum research
Morocco is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2018 (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab.
Vivo Energy and Resolution Call top the list of best places to work in Morocco for 2018
Vivo Energy, Resolution Call, HPS Worldwide, Webhelp, Teleperformance, Comdata, Hilti, Arval, Masen, Chaabi LLD, Nestle, Promamec, Roche, Nomac were awarded the best place to work in Morocco for 2018.
Currency floatation to boost Morocco’s real estate market, JLL report
Earlier this year, the Moroccan Central Bank introduced the gradual floatation of the Moroccan Dirham, providing more flexibility to real estate investors and paving the way for a more buoyant real estate market in the year ahead.
dLocal expands to Egypt and Morocco
dLocal, a payments technology company is building on the momentum of another year of solid growth with expansions in its boardroom, C-Suite, and roster of regions where its ecommerce customers are uncovering opportunities.
Africa overtakes Japan and Australia as the most preferred destination by Chinese travelers, TravelZoo Survey
Travelzoo® , a global publisher of exclusive offers and experiences for members, is forecasting the largest popularity growth of Africa in 2018 among avid Chinese travelers.
UN Global Compact launches local network in Morocco
The United Nations Global Compact has officially launched its local network in Morocco. A memorandum of understanding was signed between the UN Global Compact, the General Confederation of Moroccan Companies and UNDP Morocco.
[Morocco] SDX Energy discovers gas at Sebou permit
International oil and gas company with principal focus in North Africa has discovered gas at its SAH-2 well on the Sebou permit in Morocco.
Saham Group now a pan African investment fund, sells insurance business to Sanlam
Sanlam, SAHAM’s partner since February 2016, will increase its stake in the capital of SAHAM Group’s insurance subsidiary, from 46.6 per cent to 100 per cent, according to the terms of an agreement recently reached.
Nexteer Automotive announces new production facility in Morocco
Nexteer Automotive, a global player in automotive industry has announced a new production facility in Kenitra, Morocco.
Voltalia receives nod to set up two hydro power plants in Morocco
In parallel to the “Photovoltaica” congress of renewable energies in Marrakech, global power producer Voltalia has announced that it has obtained permits for two hydropower plants of 9.8 MW and 7.2 MW in Morocco.
Honoris United Universities welcomes EMSI and YK Business School to its pan African network
Private pan-African higher education platform Honoris United Universities, says that Ecole Marocaine des Sciences de l’Ingénieur, EMSI, Morocco, and YK Business School, YKBS, Mauritius, formally joined the network as member institutions.
Atradius Collections partners with Morocco company to grow African foothold
International commercial debt collection services company Atradius Collections has expanded its international presence through a cooperation with a local partner in Morocco, Casablanca.
Smoove extends bikeshare scheme to Nigeria
Marrakesh, a pioneering city as regards environmental protection, set up the very first bikeshare scheme in Africa on the occasion of the COP22 that it hosted in 2016.
Thyssenkrupp to open aerospace facility in Morocco
Thyssenkrupp Materials Services is expanding its aerospace network. The global supply chain solutions experts are opening a sales and production site in Morocco.
Morocco, European bank join hands to boost green projects
Morocco and European Bank for Reconstruction and Development (EBRD) signed Wednesday in Rabat a Memorandum of Understanding on green projects financing.
[Ghana] GCB Bank partners with Morocco's largest bank to consolidate transactions in ECOWAS
GCB Bank Limited and Attijariwafa Bank Group, Morocco’s largest financial institution, have signed a Memorandum of Understanding to broaden and consolidate financial transactions in Ghana, ECOWAS and beyond.
Varroc Lighting Systems expands global footprint with new Morocco factory
Varroc Lighting Systems is expanding its footprint as it establishes a manufacturing and product development base in Morocco.
[Morocco] Tourism in Marrakech sees record number in 2017
2017 was a record year for Marrakech’s tourism. For the first time in history, the ocher city crossed the threshold of 2 million tourists welcomed in a year and more than 6 million overnight stays.
Morocco joins the World Bank Treasury Government Debt and Risk Management Program
The World Bank Treasury announced today the addition of two new members, Morocco and Ukraine, to the Government Debt and Risk Management program.
Green Motion expands car rental fleet in Morocco
Green Motion's North African operations in Morocco have announced the introduction of new hybrid models onto their car rental fleet.
Morocco purchases four Dreamliner Planes for $1.1b
The fleet of Morocco’s national airline company Royal Air Maroc (RAM) will be enhanced with the purchase of four 787-9 Dreamliner planes for $1.1 billion.
Etihad Airways announces Casablanca as new Boeing 787 Dreamliner destination
Casablanca will be the first North African destination to be served by Etihad Airways’ next generation aircraft which is fast becoming the backbone of the Abu Dhabi-based carrier’s long-haul fleet.
[Morocco] National Aviation Services launches New Pearl lounges at Marrakech Menara Airport
National Aviation Services (NAS), the fastest growing airport services provider in the emerging markets has launched its Pearl Lounges at the Marrakech-Menara Airport in Morocco reinforcing capacities at the newly renovated airport.
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