On the sidelines of the African Union 30th summit, the ECOWAS presidents met in Addis Ababa. Surprisingly, Morocco’s bid to join the pan-African organization did not make it to the meeting’s final communiqué.
Abdallah Lemsagam, a Moroccan football agent based in the United Kingdom, has bought the Oldham Athletic Association, a football club based in the town of Oldham, Greater Manchester, England, reports the BBC Sport. The takeover has been approved and ratified by the English Football League, after the Lemsagam agreed with Simon Corney, the club’s majority shareholder. «I am not a billionaire, I am taking it step by step, I am here to work hard for the club, with the coach and
PRETTL, a German company that manufactures automotive sensors and coils and components, announced on Tuesday in Tangier that it is building a new plant in the city, investing 8 million Euros, reports MAP news agency. According to data presented during the ceremony held to lay the foundation stone of the new automotive city, the plant is expected to provide 800 job opportunities, and will have the capacity to produce 30 million pieces in the long term. The first part of this project, which
It snowed in the provinces of Ouerzazate and Zagora, only to leave the inhabitants of the region struggling with the harsh weather. Several roads were closed due to the snow while other homes made of clay were affected.
Morocco is not renewing its $3.47 billion Precautionary and liquidity Line provided by the International Monetary Fund, said Mohamed Boussaid Minister of Finance, during a conference held in Marrakech. The above-mentioned program known as PLL, is designed to flexibly meet the liquidity needs of member countries with sound economic fundamentals but with some limited remaining vulnerabilities which preclude them from using the Flexible Credit Line(FCL). Morocco has benefited from this
A few weeks after Morocco announced the adoption of a new exchange rate regime, the IMF expressed its support for this reform. According to its forecast, the Kingdom is on the right path.
One year after joining the African Union, King Mohammed VI suggested in a letter read by Prime Minister, Saadeddine El Othmani, during the organization’s 30th summit the creation of an African migration observatory and a post of an AU Special Envoy for migration.
The Moroccan government is planning to get inspired by India’s all-in-one biometric ID system to group all the social assitance services in one single payment.
Samia Haimoura is a 23-year-old Moroccan national who has successfully climbed Mount Kilimanjaro (5895m) in Tanzania, becoming the youngest Moroccan mountaineer to make it to Africa's highest peak, reports a communisué sent on Monday to Yabiladi. The Al Akhawayn University graduate's journey was done in several stages and lasted for seven days. Passionate about extreme sports, the young woman was sponsored by Al Akhawayn University, and accompanied by a team of porters, cooks and
Ablynx, a Belgian biotech company has seen success because of a Moroccan camel’s blood. On Monday, they have agreed, to Sonafi’s USD 4.8 billion bid.