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West African countries to investigate Nigeria border closure

West African countries have agreed to investigate the impact of Nigeria’s decision last year to close off its land borders to trade, Nigeria’s presidency said on Monday. Nigeria’s President Muhammadu Buhari has shut his country’s border last year with neighboring countries, Benin Republic and Niger. Africa’s most populous nation has banned the import and export […]

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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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Morocco: Two French defense companies get €400m contracts

Morocco has awarded two contracts worth €400 million to two French defense companies, French media La Tribune reported, adding that the official announcement will be made during President Emmanuel Macron’s planned visit to the kingdom in February. Nexter, a state-owned weapon manufacturer will, under a first deal valued at €200 million, supply an artillery systems […]

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Morocco-Tanger-Med : Container Traffic Up 38 pc in 2019

The Tanger-Med port complex posted in 2019 a 38 pc growth in container traffic and shipping compared to activities recorded last year. After Tanger-Med 2 terminal became operational, the port’s complex handled in total over 4.8 million containers in 2019, says the port activity report. 500 465 vehicles were handled on the two vehicle terminals […]

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Angola: Government vows to bring back Isabel dos Santos

Prosecutors in Luanda said they will use ‘all possible’ means to force return of businesswoman and daughter of ex-president, Isabel dos Santos, who built a business empire worth an estimated $2bn. Isabel’s wealth was revealed by the Luanda Leaks, a trove of 715,000 emails, charts, contracts, audits, and accounts that help explain how Dos Santos […]

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French ENGIE, Moroccan NAREVA to build 120MW-solar plant in Tunisia

ENGIE-NAREVA, a French-Moroccan consortium will build a photovoltaic power plant planned to produce 120 MW, in the Gafsa governorate, 350km south of capital Tunis. The joint venture won an international tender launched by the Tunisian energy ministry and Societe Tunisienne de l’Electricite et du Gaz (STEG), the country’s national electricity and gas company, Power Technology […]

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Rabat & Ankara Pledge to Readjust FTA in Two Weeks

Morocco and Turkey have agreed to adjust their Free Trade Agreement (FTA) so that it will be “beneficial for both parties”, said on Wednesday Moroccan minister of industry & trade Moulay Hafid Elalamy. He made the remarks after his talks held in Rabat with Turkish peer Ruhsar Pekcan on the sidelines of the 5th meeting […]

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Ethiopian Airlines to construct new $5 billion airport

Ethiopian Airlines will start constructing a new $5 billion airport later this year, the state-run Ethiopian News Agency reported on Wednesday. The airport, which will cover an area of 35 square kilometers, will be built in Bishoftu, a town 39 km south east of the capital, and will have capacity to handle 100 million passengers […]

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Morocco places order for two Spain-manufactured Patrollers

The Moroccan navy have placed an order for the purchase of two Spain-made patrollers. The deal is worth €260 million. Spanish state-owned shipbuilding company Navantia will build the two high class military vessels, Far-Maroc, a website specializing in Moroccan defense news, reported. The company, which operates a plant in Casablanca specializing in maintenance and boat […]

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