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Hafid El Fassy is the business Editor & Comumnist . A Financial Engineer from Paris-Jussieu & Dauphine Universities, he started in Project & Trade Finance in 1993 before being a Global Emerging Markets Speculative and ALM Trader .Since 2004, he has provided business development/financing advisory for Moroccan Real Estate, Banking, Trade and Tourism projects to top tier Institutions.

Algeria recalls envoy in Côte d’Ivoire over inauguration of consulate in Moroccan Sahara

Algerian foreign ministry Thursday said it recalled its ambassador in Côte d’Ivoire for consultation over the recent inauguration of a consulate in Laayoune, the capital of Western Sahara, considered by Morocco as Moroccan Sahara. “The ministry of foreign affairs has decided to recall, for consultations, the Algerian ambassador to Côte d’Ivoire, following sibylline and insidious […]

Africa/Football: Cairo to host CAF headquarters for another decade

The Confederation of African Football, CAF, will remain in the Egyptian capital of Cairo for 10 additional years following an agreement with the Egyptian government. The deal provides the African football governing body several advantages including diplomatic status. “The agreement recognizes the international legal personality of CAF as an international non-governmental organization,” CAF said in […]

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Morocco’s agri-food exports hit 3.1 million tons

Morocco’s exports of agro-food products reached around 3.1 million tons during the 2018-2019 campaign in terms of volume, the first time in history, according to the Moroccan Ministry of Agriculture.   Exports of agro-food products recorded a growth of 97% with share of about 21% compared the total exports of Morocco during the 2010-2018, the […]

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Morocco launches “Green Generation 2020-2030”, a new farming development strategy

In a follow-up to the Green Morocco Plan launched in 2008 and that fulfilled most of its goals, Morocco adopted a new strategy to promote farming and the sector of water and forests. The new strategy dubbed the “Green Generation 2020-2030” and the “Forests of Morocco” was launched Thursday by King Mohammed VI, who was […]

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Morocco’s King Inaugurates Youth-Oriented Projects in Agadir Region

King Mohammed VI inaugurated, on Wednesday in the commune of Ait Melloul (Agadir region) “Argana” center for youth listening and guidance, a pilot project carried out within the frame of the 3rd phase of the National Initiative for Human Development (INDH). The project, which cost the State treasury over 722,000, seeks to improve the income […]

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Morocco Seizes over 7.5 Tons of Cannabis in Southern City of Guelmim & Captures 8 People

The Moroccan Police of Saharan city of Guelmim seized on Tuesday more than 7.5 tons of cannabis and arrested eight people linked to an international drug trafficking network. The drugs were stored in several warehouses at the rural commune of Taghjijt (south-east of Guelmim) and inside a 4×4 vehicle parked in an area located 60 […]

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Moroccan-Ethiopian Cooperation Roadmap Reviewed in Addis Ababa

Moroccan-Ethiopian cooperation roadmap was reviewed at a meeting Monday in Addis Ababa between Head of the Moroccan Government, Saad Dine El Othmani, and Ethiopian Prime Minister, Abiy Ahmed. The talks, held on the sidelines of the 33rd ordinary summit of the African Union, provided an opportunity to highlight the good relations between the two countries, […]

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Agadir being turned into an attractive & competitive economic hub, open onto Africa

The Moroccan Atlantic city of Agadir is being turned into an attractive and competitive economic hub, thanks to several development projects launched or inaugurated this week by King Mohammed VI.   Among these landmark projects, King Mohammed VI launched the city’s urban development program, worth $62 million. The program aims at consolidating Agadir’s positioning and […]

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Coronavirus: Moroccan nationals returning from Wuhan to be quarantined for 20 days

Morocco will put people airlifted from China’s Wuhan into quarantine of 20 days amid the implementation of measures to avert the spread of the virus in the country where no case has been registered so far.   The 167 people on board the RAM Dreamliner will be transferred to Hospital Sidi Said in Meknes and […]

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Coronavirus: Algeria to repatriate Tunisian, Libyan nationals from Wuhan

Algeria’s national carrier, Air Algérie has flown to Wuhan, the epicenter of the Coronavirus outbreak, to bring back its nationals as well as citizens of its neighbors, Libya and Tunisia. The aircraft, TSA reports, took off from capital Algiers Sunday morning for the Chinese city, which has been locked down over coronavirus outbreak which has […]

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