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November 13, 2019

AfDB, Credit Suisse and Ghana Cocoa Board ink $600 million loan agreement to boost cocoa production

The African Development Bank, Credit Suisse AG, the Industrial and Commercial Bank of China Limited and Ghana Cocoa Board (COCOBOD) have signed a $600 million syndicated receivables-backed term loan to boost cocoa productivity in Ghana - the world’s second-largest cocoa producer.

"...

November 13, 2019

Planning Complete on Morocco’s Tit Mellil Expansion

Plans for Tit Mellil Executive Airport, which is expected to open in 2025, are complete, Zouhair El Aoufir, CEO of the Moroccan Airport Authority (ONDA), reported in late September. He then called for international investors to pledge $40 million to its development, to match a $20 million"...

November 13, 2019

Morocco’s RAM could breath sigh of relief as Boeing prepares to lift 373 MAX ban

Morocco’s Royal Air Maroc (RAM) could breath a sigh of relief after Boeing announced that its 737 MAX aircrafts could resume flying again by January.

Morocco has grounded two MAX aircrafts and is yet to receive"...

November 13, 2019

RPT-Morocco mandates banks for bond investor meetings-document

RABAT, Nov 12 (Reuters) - Morocco has mandated Barclays, BNP Paribas, J.P. Morgan and NATIXIS to arrange meetings with fixed-income investors in Europe starting Nov. 14, according to a bank document seen by Reuters on Tuesday. “A benchmark 144A/Regulation S EUR offering of 12 or 20-year"...

November 13, 2019

Sidi Harazem Admits to Knowing About ‘Microbes’ in Mineral Water

Rabat – The Moroccan Federation of Consumer Rights warned citizens of the existence of microbes in some bottled water produced in a recently acquired manufacturing unit.

On November 11, the federation said that"...

November 13, 2019

75% of Moroccan Adults Have a Net Worth Under MAD 90,000

Rabat – About 75% of Moroccan adults have a net worth of less than $10,000 (around MAD 90,000), counting both financial and material assets. The statistics appeared on the 2019 Global Wealth Report, published by Credit Suisse Research Institute on October 21.

The"...

November 13, 2019

Morocco Mall: Coming Soon to Rabat, Marrakech

Rabat – The Aksal Group is set to unveil its plans for Morocco Mall Marrakech and Morocco Mall Rabat at the International Trade Fair for Commercial Real Estate (MAPIC). MAPIC will occur from November 13 to 15 in Cannes, France.

MAPIC"...

November 13, 2019

IT Security: Morocco's Data Protect and Libya's Trans-Sahara IT Ink Partnership Draft Agreement

Rabat - Morocco's Data Protect and Libyan company Trans-Sahara IT & Communication signed, on Tuesday in Rabat, a partnership draft agreement in the field of IT security, on the sidelines of the first Libyan International Forum on Economy and Investment in Morocco.

This"...

November 13, 2019

Morocco Has Ambitious Strategy to Strengthen its Leadership in Renewable Energy (Minister)

Abu Dhabi - Morocco's energy strategy aims to strengthen its global leadership in renewable energy, said, on Monday in Abu Dhabi, Energy, Mining and Environment minister, Aziz Rabbah.

Speaking at a symposium on"...

November 13, 2019

Vivo Energy Morocco, Myher Holding partner to accelerate distribution activities in the southern region

Vivo Energy Morocco, the company in charge of the distribution and marketing of Shell fire fuels and lubricants in Morocco, and Butagaz and Myher Holding fire Liquefied Petroleum Gas announce their partnership in the company Sopétrole to accelerate the deployment of their distribution"...

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