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Openet continues its global expansion with new offices in Canada and South Africa
Openet, a leader in Digital BSS, announced that it has opened two new offices in Canada and South Africa, to better meet global demand for its innovative digital BSS portfolio.
Vivo Energy Morocco, Myher Holding partner to accelerate distribution activities in the southern region
Vivo Energy Morocco and Myher Holding announce their partnership in the company Sopétrole to accelerate the deployment of their distribution activities in the Provinces of southern Morocco.
World Bank approves $300m loan to support Moroccan municipalities’ performance
The World Bank’s Board of Executive Directors has approved a €271.8 million loan ($ 300 million) to support the strengthening of Morocco’s municipalities.
Morocco telecom market is among the most advanced in Africa, report
Morocco has developed one of the most advanced telecommunications markets in Africa, supported by the government's Maroc Digital 2020 strategy
Five African countries initiate banking reforms to drive development and tackle climate change, report
Thirty-eight emerging market economies, including five countries in Africa, have initiated key banking reforms to drive development and fight climate change, according to the second Global Progress Report.
[Morocco] inwi Launches Mobile Money Service 'inwi money'
Moroccan telecom operator inwi has launched its mobile money service 'inwi money'. The service works on Comviva's mobiquity® Money, one of the world's largest mobile money platform.
Europa Oil & Gas wins large exploration licence offshore Morocco
Europa Oil & Gas, is pleased to announce that it has been awarded a new Exploration Permit covering an area of 11,228 sqkm in the Agadir Basin, offshore Morocco.
Morocco signs agreement with Ctrip to attract Chinese tourists
Morocco’s tourism ministry has signed a “co-marketing partnership” agreement with Ctrip, China’s largest online travel agency, to promote Chinese tourism in Morocco.
Maroc Telecom enters $1b deal with Morocan Government
Under a deal with the Moroccan government, Maroc Telecom, 53% owned by Etisalat, will spend 10 billion dirhams or $1.04 billion – over the next three years.
[Morocco] Total inaugurates solar powered service station in Marrakesh
Total has inaugurated its thousandth solarized service station, powered by solar panels. The rooftop solar systems at the TOTAL Palmeraie retail outlet in Marrakesh, Morocco.
Zahira Bouaouda appointed President of Matis Aerospace
Zahira Bouaouda has been appointed President of MATIS Aerospace, a 50/50 joint venture between Safran Electrical & Power and Boeing, specialising in electrical wiring interconnection systems.
NNPC highlights benefits of Nigeria-Morocco gas pipeline
The Nigeria-Morocco Gas Pipeline (NMGP) project will open new vistas for Nigeria’s gas aspirations, the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said.
[Column] Ronak Gopaldas: The race to become Africa’s business gateway is on
South Africa, the continent’s largest economy by GDP, can lay claim to being the “gateway” to doing business in Africa by virtue of its size, sophistication and connectivity.
[Morocco] Royal Air Maroc, Royal Jordanian ink codeshare agreement
Royal Jordanian (RJ) and Royal Air Maroc (RAM) have signed a free sale codeshare agreement, where RJ will market RAM flights, putting RJ's code on the flights.
[Morocco] Royal Air Maroc partners with Wirecard to integrate digital payments globally
Wirecard is handling payments for online and travel agency bookings for Royal Air Maroc, Morocco's national airline, and one of Africa's leading and fastest growing airlines.
HSEVEN launches Africa startup acceleration programme with up to €1.5 million investment per business
HSEVEN, Africa’s largest accelerator is launching “HSEVEN DISRUPT AFRICA”, an ambitious startup acceleration program designed for entrepreneurs of the Moroccan and African diaspora.
[Morocco] WorldRemit partners with Cash Plus to enable digital money transfers
Online money transfer service WorldRemit has teamed up with Cash Plus to enable digital money transfers to +2000 cash pickup locations across Morocco
Nigeria, South Africa, Kenya leads in e-learning uptake, report
The Africa e-learning market reached a value of more than US$ 792 Million in 2018, exhibiting a CAGR of around 14% during 2011-2018 according to the latest report by Research and Markets.
Averda signs four seven-year contracts in Casablanca, Morocco
Averda an international environmental services provider, has been awarded four seven-year contracts in Casablanca, Morocco.
[Morocco] Maroc Telecom completes acquisition of Tigo Chad
Following the agreement signed on March 14, 2019, Maroc Telecom has completed the acquisition from Millicom of the entire share capital of its subsidiary Tigo Tchad.
Nigeria, Kenya, South Africa most active smart cities in Africa, SAP
South Africa, Nigeria, Kenya, Egypt and Morocco hold some of the most active tech hubs in Africa, with the total number of these hubs in Africa having grown to 442 in 2018.
[Morocco] Royal Air Maroc starts nonstop flights from Casablanca to Boston
Massport and Royal Air Maroc officials have celebrated a new international service to Casablanca, Morocco, the first nonstop route from Boston Logan International Airport to mainland Africa.
[Morocco] World Bank launches $500m program to support early education
The World Bank announced a new US$500 million program in support of Morocco’s goals of expanding access to quality preprimary education.
African space industry generating over USD 7b annually, to exceed USD 10b by 2024, report
The 2019 African Space Industry Annual Report explains that the industry has already reached over USD 7 billion of annual revenues and is projected to grow at a 7.3% compound annual growth rate to exceed USD 10 billion by 2024.
Temenos accelerates BMCE Bank of Africa’s journey to become first Moroccan bank to expand operations into China
Temenos, the banking software company, announced that BMCE Bank of Africa, a leading Moroccan bank, has implemented Temenos T24 Transact and Financial Crime Mitigation, both running on the Temenos Cloud.
AGCO opens Morocco office as it targets North Africa market
AGCO has opened a new office in the north-east of Casablanca, Morocco.
Keller Williams expands to Morocco
Keller Williams,KW, the world's largest real estate franchise by agent count, is expanding across Africa. As momentum continues, KW has awarded a new master franchise in Morocco.
[Morocco] FairTSA announces licensing agreement with Argan Oleo
FairTSA, a global Fair Trade standard holder, has announced completion of a formal licensing agreement with Argan Oleo, an importer and processor of the finest Argan Oil from Morocco.
Emirates mulls growing African footprint
Dubai based airline Emirates is considering flight frequencies to key African destinations including Morocco, Ghana, Senegal, Egypt, and South Africa as it sees potential for growth in Africa.
Egypt heads Africa hotel development, Nigeria, Morocco, Ethiopia follow - W Hospitality survey
The stars of hotel development in Africa are Egypt, Nigeria, Morocco and Ethiopia, according to the 11thannual survey by W Hospitality Group.
International Energy Agency publishes new review of Morocco’s energy policies, lauds legal and fiscal reforms
The International Energy Agency has released the latest in-depth review of Morocco’s energy policies, welcoming the institutional, legal and fiscal reforms.
Ata Khatib appointed CEO of Lockton MENA
Global insurance brokerage firm Lockton MENA Limited has announced the appointment of its new Chief Executive Officer, Ata Khatib.
Western Union appoints Mohamed Touhami el Ouazzani head for North, Central and West Africa
Western Union has appointed Mohamed Touhami el Ouazzani as Regional Vice President and Head of North, Central and West Africa, based in Casablanca to lead Western Union’s business in the region
Qatar Airways to launch three weekly flights to Rabat Morocco
Beginning May 29, Qatar Airways has announced it will launch flights to Rabat, Morocco which will be served by a B787 three times a week.
ECA launches African Women Leadership Fund in Morocco
The Economic Commission for Africa has launched the African Women Leadership Fund in Morocco on the sidelines of the African Regional Forum for Sustainable Development.
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
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