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Morocco:Agriculture and Maritime Fishing Sectors Capable of Meeting Production Requirements in These Difficult Times (Minister)
Morocco.
Agri-Food.Rabat - The agriculture and maritime fishing sectors have well-defined mechanisms and visions enabling them to meet the requirements of production during this difficult economic situation, said Monday in Rabat minister of Agriculture, Fisheries, Rural Development and Water and Forests, Aziz Akhannou...
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Tunisia:Higher Investment Council approves projects with total cost of 160 MD
Tunisia.
Bank & Finance.The Higher Investment Council approved, on Friday July 17, 2020, four major investment projects with a national vocation, representing a total investment of about 160 million dinars (MD) during the first meeting of the Council, for the year 2020, held in Kasabah, under the chairmanship of Prime Mini...
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Bank of Algeria: Issuance of new banknotes, coins
Algeria.
Bank & Finance.The Bank of Algeria announced today, Saturday July 04, 2020, the issuance of new banknotes and coins.The Bank of Algeria explained that it is the 2000 dinars bill and other coins.In this vein, the Ministry of Finance announced, this Saturday, the launch of a new banknote on the national market, in a...
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Algeria:Gas;Sonatrach, ENI renew 3 partnership agreements untill year 2049
Algeria. Europe.
Energy.ALGIERS- Algerian national hydrocarbon company SONATRACH and its historic partner Italy’s ENI have concluded three agreements renewing, untill the year 2049, their partnership in the field of gas, the company said in a statement.The contracts will allow the marketing of Algerian natural gas by Eni t...
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Electricity/Africa: Morocco Ready to Share its Know-how in the Framework of South-South Cooperation (Official)
Morocco. Afrique.
Business Climate. Energy.Morocco is committed to sharing its expertise with African countries in the area of electrical trades as part of South-South cooperation, said Monday Director General of the National Office for Electricity and Drinking Water (ONEE), Abderrahim El Hafidi.This came during talks with a large delegation...
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Morocco Pledges $209 Million Renovation Project in Five Moroccan Cities
Morocco.
Bank & Finance. Environment.The Tangier-Tetouan-Al Hoceima region council and the Wilaya (administrative division) of the same region have approved partnership agreements to renovate and develop five northern Moroccan cities with a budget of MAD 1.86 billion.Eight ministries signed the convention, including the Ministry of Eco...
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Tunisia:Payment institutions to start operating soon (BCT Governor)
Tunisia.
Bank & Finance.Two or three payment institutions will start operating in this area in the coming days after obtaining the authorisation of the Central Bank of Tunisia (BCT), announced its Governor Marouane Abassi on Tuesday.These payment institutions are among several companies that have filed applications with th...
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Algeria looks to achieve sustainable development through energy transition program
Algeria.
Energy.Minister of Energy, Mohamed Arkab, said last week in Algiers that the Energy Transition Program provided for in the Government’s Action Plan will allow Algeria to achieve sustainable development.In a press statement on the sidelines of an information day on the safety and security of radioactive sou...
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morocco-Business Support and Financing Program: 'Intelaka' Program Launched
Morocco.
Bank & Finance.Rabat - The "Intelaka" program was officially launched on Monday in Rabat, following the signing before HM King Mohammed VI of the agreements establishing the start of the business support and financing Program.The launch of the program took place at a ceremony chaired by minister of Economy, Financ...
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August
Morocco Funnels Relief Funds to Save Tourism Industry Workers
Qualifying employees in the tourism sector will receive $216 per month from July through December of this year.Rabat – Amid the COVID-19 crisis, Morocco is making efforts to restore and save...
August
Brazilian Investment Experts Spotlight Morocco’s Health Care Industry
During the webinar, health sector professionals determined that the greatest obstacle to securing investment in Morocco is competition from countries like France.Rabat – A recent webinar gathering exp...
August
Morocco:Non-Oil Sector Provides Stability in Oil-Rich MENA States
The global economy is facing a crisis “like no other,” according to the International Monetary Fund (IMF) in its latest economic forecasts. The global financial institution has used increasingly dire...
August
Morocco Officializes MAD 120 Billion Stimulus Package
Rabat – Morocco’s Ministry of Economy, the General Confederation of Enterprises in Morocco (CGEM), and the Professional Group of Banks in Morocco (GPBM) have signed the “Economic Relaun...
August
Morocco, Arab States Get Closer to Joint Electricity Market Project
If the project goes as planned, the joint electricity market would be the second-largest in the world.Rabat – The Arab Ministerial Council for Electricity has finalized the le...
August
Tunis:Cabinet meeting approves economic and social bills and government decrees
The Cabinet meeting, chaired by Caretaker Prime Minister Elyes Fakhfakh, on Thursday, approved a series of economic and social bills and government decrees.The bills:– A bill approving a financing agr...
August
Tunis:Survey conducted to define actions to help women entrepreneurs
The National Chamber of Women Entrepreneurs (French: CNFCE) has conducted a survey to define an action plan to help women entrepreneurs and save their businesses after the spread of the coronavi...
August
Tunis;Project to digitise distribution channels ready (Trade Minister)
The project to digitise distribution channels is ready and will soon be presented to the Cabinet meeting, Trade Minister Mohamed Messlini said on Friday.This project aims to ensure better management o...
August
Tunis:TIA : 34 projects for overall investment cost of 1,499 MD reported until July 2020
Nearly 34 projects with an overall investment of 1,499 million dinars were reported during the first seven months of 2020, according to data from the Tunisia Investment Authority (French: TIA) release...
August
Tunis:Fresh support measures for packaged olive oil sector
The Tunisian Council of Olive Oil in Package, on Wednesday, adopted a series of measures to further promote the export of this product and develop the competitiveness of exporters internationall...
August
COVID-19: W’Bank approves $114.28mfor Nigeria
Efforts to battle the COVID-19 pandemic got a boost on Friday as the World Bank Board of Directors, on Friday, approved $114.28m for Nigeria.According to the global financial institution, the money is...
August
Nigeria:Buhari signs amended Companies and Allied Matters Bill
President Muhammadu Buhari, on Friday, assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly. A presidential aide, Femi Adesina, in a statement, said Preside...
