Morocco’s regional investment centers that are supposed to assist investors, both national and foreign, and to facilitate the paperwork for the setting up of projects will be restructured after an audit revealed many dysfunctions preventing these centers from fulfilling their mission properly. The audit, commissioned by the King on October 24, to assess the operations of the centers, known in Morocco as CRIs, revealed that there are many dysfunctions preventing these centers from fulfilling their missions in accordance with the royal letter of January 9, 2002, said a statement released by the Royal Office. They should also be proactive, and interact with the investors. To remedy this situation, the king gave instructions to the Head of Government to work with all the parties concerned to draft proposals for the reform of the CRIs within two months. The reform would seek to enable the CRIs to play their role in encouraging and promoting investment and exploiting the investment opportunities offered by the national economy, the Royal Office statement said.

December 12, 2017 17:26 UTC

Morocco is evidencing at the highest level its firm attachment to achieving the global climate agenda. The participation of King Mohammed VI at the One Planet Summit in Paris is a reaffirmation of Morocco’s keen interest in protecting the environment and curbing climate change effects. The participation of the sovereign, who is accompanied by Crown Prince Moulay El Hassan, in this global event sends a strong message regarding Morocco’s endeavors to gather support for global climate efforts. On the sidelines of COP22, Morocco hosted the Africa Action Summit. In fact, countering climate change is a means to safeguard the future of young generations, curb calamities such as migration and displacement and promote agriculture.

December 12, 2017 16:18 UTC

Morocco has taken several initiatives to gather support for climate action, notably in Africa, through landmark projects such as the Adaptation of African Agriculture Initiative (AAA), the World Bank’s Vice President for Sustainable Development, Laura Tuck, said. The World Bank is taking several innovative measures to improve the management of the agricultural sector with a view to adapting it to climate change and reducing emissions, underlining in this regard that Morocco can play an important role in this area on the African continent, she said. Since Agriculture is the main victim of climate change in the continent, Morocco has launched the Adaptation of African Agriculture (AAA) initiative, which seeks to restore African ecosystem balance and enable countries of the continent to have access to climate funds. In the same vein, Morocco and the World Bank agreed at the financial summit of COP22 to launch the “Green Growth Infrastructure Facility for Africa” tasked to spur green economy on the African continent and pull together environment-friendly private and public investments. King Mohammed VI is taking part in the One Planet summit which brings together world leaders in Paris to mark the second anniversary of the climate change plan agreed in the French capital in 2015 and entered into force on November 4 2016, few days prior to the UN Climate Summit, COP22, held in Marrakech.

December 12, 2017 15:56 UTC

African National Congress (ANC) anti-apartheid activist and former South African first lady, Winnie Madikizela-Mandela says she’s now totally convinced Economic Freedom Fighters (EFF) leader Julius Malema won’t be returning to his first political home – the ANC. Read Also: Elective Conference: ANC Wants Two Deputy PresidentsSpeaking during the colourful occasion, Malema thanked Mama Winnie Madikizela-Mandela for honouring the invitation. In addition, the EFF leader said he has no plans to invite Mama Winnie Madikizela-Mandela to join the EFF as it would be an insult to do so. I don’t think if you were in the ANC you are able to create another policy better than that of the ANC. The Economic Freedom Fighters (EFF), formed by former ANC Youth League (ANCYL) President, Julius Malema was officially recognized as a political party in 2013.

December 12, 2017 14:03 UTC

Seismic survey underway in offshore MozambiqueTuesday, 12 December 2017 06:33The survey is being carried out by Spectrum on behalf of the Institute of National Petroleum. (Image credit: C Morrison/Pixabay)In anticipation of future license rounds, seismic imaging specialist Spectrum has announced the commencement of a 2D seismic survey offshore Mozambique, on behalf of the Institute of National Petroleum (INP)This new 2D seismic programme of up to 19,000 km is aims to complement the existing 2013 seismic data of the Mozambique Channel area. Spectrum commented that gravity and magnetic data will be acquired in conjunction with seismic data to allow for independent verification of structure. “In addition the data will also provide the basis for future license rounds as planned by INP,” he added. The survey will be carried out in partnership with WesternGeco and is supported by industry funding.

December 12, 2017 13:18 UTC





The Harmattan has arrived, as in very fine particles of dust blown by an easterly/north-easterly wind from the Sahel. Said older man must be non violent. An older man worthy of a second look, is the Speaker of the 7th Parliament of Ghana's Fourth Republic, Professor Aaron Mike Ocquaye. As I offered, I have a spot, it is hardening, quickly though, for a certain type of older man. As President, Magafuli has made a maverick name for himself by defying the odds.

December 12, 2017 12:56 UTC

News At least 40 dead in Sachangwan horror crashWreckage of vehicles involved in the crash at the Sachangwan blackspot. The Sachangwan accident left a horror scene and caused a major traffic snarl-up on the busy highway. Wreckage of a matatu that was involved in the crash a the Sachangwan blackspot is towed away. PHOTO | SILA KIPLAGAT | NATION MEDIA GROUPThe notorious section stretches from Sobea-Salgaa- Migaa-Sachangwan-Total Junction near Mau Summit shopping centre to Kamara. The Great Rift shuttle that was involved in the crash a the Sachangwan blackspot on December 12, 2017.

December 12, 2017 12:34 UTC

Islamic banking has made its entry in Suriname with the approval of the Central Bank of Suriname (CBvS) for Islamic products and services in the banking sector. After two years of preparation, Trustbank Amanah is now ready to serve Surinamese society in Islamic Financing. Trustbank Amanah aims to develop, support and encourage Small and Medium Enterprises (SMEs) in accordance with Islamic Finance principles. “Trustbank Amanah is committed to developing the private sector and strengthening public-private partnerships”, said Maureen Badjoeri Chief Executive Officer of Trustbank Amanah. This offers THE OTHER WAY OF BANKING, Islamic banking.

December 12, 2017 12:22 UTC

According to the report, a least 11000 women and young girls are being raped every year in the district with 49% also being subjected to some form of sexual violence in their lifetime. “At 25% prevalence, the disease burden of sexual violence is substantial,” according to the report. However, only a small proportion of the cases are being reported to the police and a smaller number have access to intensive medical care. “Sexual violence may cause HIV and other sexually-transmitted infections, unwanted pregnancies and mental disorders. To close the gaps in healthcare provision for sexual violence victims, MSF says the government need to urgently look into the following areas:

December 12, 2017 11:37 UTC

Egypt towards North Africa's first nuclear power plant Contracts Sisi-Putin signed, first reactor in Dabaa in 2022(ANSAmed) - CAIRO, DECEMBER 12 - Egypt has made progress towards the construction of a nuclear power plant in Dabaa, the first in Africa after the two South African reactors. Apart from the two South African reactors ''Koeberg'' and ''Duynefontein'', the African continent does not have reactors in place or under constructions, as stated by the website of the IAEA. Non-binding development plans exist however in Nigeria, Kenya, Morocco and Algeria, according to the world Nuclear Association. ''The most modern and safe'' technology will be used in Dabaa, stressed Putin, implicitly referring to the reactors that will belong to the post-Fukushima ''Generation 3+''. Rosatom will manage the plant worth over 5 gigawatts for 60 years and the investment is worth between 21 and 27 billion dollars, according to estimates.

December 12, 2017 11:03 UTC

Morocco’s plans to become a major global carmaker are progressively turning into a tangible reality. The BYD factory will be set up in the new Mohammed VI Tangier Tech City, which is part of a landmark project between Morocco and China to create a “North African Silicon Valley”. In Morocco, automotive industry is gaining momentum and growing at a rapid pace due to incentives and competitive factors attracting more and more investors and car parts makers. In addition, a high-speed rail line between Tangier and Casablanca is set to be operational in 2018. All assets that contribute to make of Morocco the international competitive auto hub it has become.

December 12, 2017 09:00 UTC

British company, SDX Energy, confirmed a new natural gas discovery as part of its well drilling campaign in Sebou, Eastern Morocco. “We are pleased to have made another discovery during our ongoing nine well drilling campaign, with this well exceeding our pre-drill net pay estimates by more than 50%,” Paul Welch, SDX’s president and CEO, said in a statement. “Our drilling activity in Morocco is off to an excellent start and provides us with renewed confidence in the overall program,” he added. The statement noted that the well was drilled to a total depth of 1,896 m and encountered 14.2 m of net conventional natural gas pay in the Hoot Formation. SDX Energy expects that the well will be connected to the existing infrastructure and placed on production within the next 30 days.

December 12, 2017 08:15 UTC

King Mohammed VI has approved sanctions against a Wali, six governors and over one hundred enforcement agents because of failure to fulfil their duties. Besides the officials and agents suspended and who will appear before the competent disciplinary boards, 87 enforcement officers will receive warnings. King Mohammed VI has repeatedly criticized the public administration for its inefficiency, poor performance and sluggish services. And part of the implementation of this principle, King Mohammed VI fired last October four low performing ministers and other senior officials. The new sanctions announced Monday show that there is no backtracking on accountability in Morocco.

December 12, 2017 02:03 UTC

The first wind turbine blade made in Morocco saw the light of the day in the Siemens factory in Tangier and has been transported to Tangier Med port to be sent to its final destination. This 63-meter energy production tool weights 17 tons. Its size required close cooperation between the factory, local authorities and the agency managing Moroccan highways. Siemens factory has been set up near Tangier Med port for a total investment of $118 million. The blade factory is to play an important role in contributing to Morocco’s national program to achieve 52% clean energy by 2030, of which 20% will be wind-generated.

December 11, 2017 23:15 UTC

Morocco has joined the limited club of states owning high resolution observation satellites. After the successful launch of a reconnaissance satellite last November called Mohammed VI A, Morocco prepares to launch a second similar satellite with a wider range of observation called Mohammed VI B. News reports speak of a second satellite that is the fruit of a partnership between Morocco and the European space agency (ESA). The new satellite is scheduled to be ready for launch in 2018 but the exact date has not been announced yet. The North African kingdom has thus become the third country in Africa, after Egypt and South Africa, to have its own satellite.

December 11, 2017 23:03 UTC