Morocco is soon to regulate crowdfunding, the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet. Crowdfunding is a form of crowdsourcing and of alternative finance. A draft bill was submitted on the 21st of March by the Ministry of Economy and Finance and was published on the official website of the Government’s General Secretariat, reports Medias 24. Drafted on the 2nd of March and signed by
Afrikonnect is a platform to accelerate collaboration between large companies and top African startups. The first edition of the initiative took place in Casablanca, at the headquarterz of Technopark, Thursday 22nd of March. Backed by the US State Department and GIZ (a German development agency), Oultierz Ventures and LaFactory in partnership with StartupYourLife organized this event. The conference brought together participants from both the public and private sector, key players from
As a symbolic Moroccan landmark, Casablanca's Hassan II Mosque will join the Earth Hour movement and switch off its lights for one hour on Saturday, March 24, the World Wide Fund for Nature (WWf) said in a communiqué. «Being well aware of the serious problem of greenhouse gas emissions and therefore the importance of energy savings for the protection of our environment, the Foundation of Casablanca's Hassan II Mosque is set to join the 11th edition of (Earth Hour)Lights by
In order to renew the fisheries agreement, the European Commission wants to relaunch negotiations with Morocco. In a document, the EU body wants to include a human rights and democratic principles clause.
Advanced composite materials manufacturer Hexcel celebrated on Wednesday, 21st of March, the grand opening of its state-of-the art manufacturing facility at the MidParc Free Trade Zone in Casablanca, said the American firm in a communiqué sent to Yabiladi. The opening ceremony was attended by Moulay Hafid Elalamy, Minister for Industry, Trade, Investment and Digital Economy, Hexcel’s President and CEO Nick Stanage and Thierry Merlot, President, Aerospace- Europe/ Asia Pacifi/
On Monday, the Saudi's Sports Authority's chairman tweeted saying that his country might not support the Moroccan bid to host the 2026 World Cup. Two days later, the Saudi ambassador to Rabat assured that such tweets shouldn't affect the diplomatic relations between the two nations.
Morocco signed on Wednesday an agreement that will launch the African Continental Free Trade Area (AfCFTA), at the Extraordinary Summit of the African Union (AU) held in Kigali. The agreement was signed by Head of Government, Saad Eddine El Othmani, who leads the Moroccan delegation to the AU Summit. Speaking at the opening of the summit, AU Commission chairperson, Moussa Faki Mahamat, urged African heads of State and Government to sign this landmark agreement. The Free Trade Area will
A documentary on North African Jewish immigrants has pushed Israel to declassify documents revealing details on how they were treated by the Hebrew state.
Ficosa, a Spanish multinational corporation, devoted to the research, development, production of systems and parts for the automotive industry, inaugurated on Tuesday its first production plant in Rabat. The 50 million-euro facility is expected to offer 700 direct jobs, said EFE. The plant built on a 12 000 m² land is expected to generate a turnover of 150 million Euros in 2022. The company also said that the Rabat plant will produce electric cable sets and products dedicated to the
Morocco is ready to organize the 2026 World Cup, said Tuesday in Rabat, the former French president, Francois Hollande. «The Moroccan bid is a very good one that I strongly support,» said the former French president in a statement to media at a conference he chaired in Mohammed VI Museum of Modern and Contemporary Art (MMVI). «The Moroccan football team is excellent, the conditions required to host such an event are met and the needed equipments are perfectly