A Moroccan Phosphate ship was held yesterday night in Panama by a complaint from the Polisario Front. According to the pro-polisario website Western Sahara Resources Watch, the Danish vessel Ultra Innovation that was carrying a phosphate cargo to Canada «has been detained by a national court». The same source indicates, that the vessel was crossing the Panama Canal shipping around 50 000 tones of Phosphate rocks probably destined for Arguim, a Canadian retail supplier of
A group of archeological experts held talks in the capital of Bahrain, Manama to discuss ways of promoting and preserving Africa’s old Islamic sites, Reuters reports. Their meeting took part of the Islamic Archaeology in Global Perspective conference organized in the gulf kingdom. The conference aims to highlight the richness of Islamic archeology sites in the African continent and most particularly Morocco, where volubilis is considered to be one of the most valuable historical
Sanlam, a South African financial services group along with insurance company Santam are increasing their stake in the Moroccan SAHAM Finances, International Adviser reports. The two leading South African firms headquarted in Cape Town are boosting their ownership from 30% to 46.6%. Santam and Sanlam first purchased effective stake in SAHAM Finances back in February 2016. «Having identified strong synergies between the Sanlam and SAHAM Groups, we are committed to unlocking
Leila Aïchi n'est plus la candidate de «La République en marche !» à la 9e circonscription des Français de l’étranger pour les élections législatives. Une information confirmée ce mercredi par plusieurs membres de la section marocaine du mouvement macronien. Il s'avère aussi que la sénatrice de Paris n’apparaît plus sur la liste des candidats investis par «En Marche !». De
African Development Bank (AfDB), the supranational development finance institution headquartered in Abidjan, Côte d’Ivoire, has contributed to the financing of Morocco’s water sector by securing installation and providing drinking water to residents of several cities in the Kingdom, Business Standard reports. The AfDB has financed a set of programs that «improved the water supply and distribution systems in 30 Moroccan cities (more than 2/3 of the country's
The World Bank will give Morocco around USD 350 million to initiate reforms in the local financial sector, reports a communiqué released on Tuesday. This loan would give small and medium companies a chance to benefit from a new set of financial recourses. It will also improve banking supervision and boost the development of the capital markets. In addition, small firms, and more generally the real economy, will ultimately have access to new financing solutions. In the long run,
La Banque mondiale va accorder un prêt de 350 millions de dollars pour appuyer des réformes de grande ampleur dans le secteur de l’intermédiation financière au Maroc, a-t-elle annoncé mardi dans un communiqué. Ce prêt donnera aux petites et moyennes entreprises (PME) la possibilité d’accéder à de nouvelles sources de financement, d’améliorer le cadre de supervision bancaire et de favoriser le
The Dutch professional footballer of Moroccan descent, Mamoun Mahi (23 years old) will in the upcoming days join the Moroccan national team, Afrik Foot reports. Mahi has received a invitation to be part of the team in the coming games, confirms Hans Nijland, head of the FC Groningen, where the 23-year-old footballer plays currently. After granting his team a fruitful season with 17 goals in the Championship, Mahi will debut his career with the Atlas Lions by playing against the
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La Haute représentante de l’Union européenne (UE) pour les Affaires étrangères et la politique de sécurité Federica Mogherini a nommé, mardi, l’allemande Claudia Wiedey, ambassadrice chef de la délégation de l’UE au Maroc. Cette nomination s’inscrit dans le cadre d’un large mouvement diplomatique touchant 41 représentations de l’UE dans le monde. Claudia Wiedey, assurait la fonction de