Signing Of Japanese ODA Loan Agreement With Morocco: Utilizing Japanese Shipbuilding Technology In The Construction Of A Research Vessel
Hellinic Shipping News
On January 16, the Japan International Cooperation Agency (JICA) signed a loan agreement with L’Institut National de Recherche Halieutique (the National Institute of Fisheries Research) in Rabat to provide a Japanese ODA loan of up to 5.371 billion yen for the Oceanographic and Fishery Research Vessel Construction Project. (more…)
Algeria may have the right ingredients for a full-blown popular uprising, but the newly healed scars of the last civil war make Algerians think twice about revolting.
Algeria is already reeling from a revolution that took place in 1988, which was followed by a decade of civil war that killed thousands. (more…)
Rapid progress – A carriage of the French-made TGV train arrives at the Moroccan port of Tangier, the first high-speed train to operate in Africa.
The TGVs are capable of speeds of 200 miles per hour, and they will cut the journey time between Tangier and Morocco’s economic capital Casablanca by more than half.
Moroccan Industry Minister Moulay Hafid Elalamy on Tuesday said initial results of a plastic bag ban that began six months ago are “encouraging”, citing 2.76 million dirhams in fines (about 200,000 euros) collected from 139 companies and individuals who violated the ban, revealed during a series of 1,536 inspections. (more…)
Africa Business Communities
by Bob Koigi
One of Morocco’s leading commercial banks, BMCE bank has been ordered to pay up to $90 million in taxes for the financial years covering 2012-2015 in what is attributed to engaging in acts of tax evasion. Other firms that have also been fined for the same include OCP, Lydec, Saham Assurance.
To date, the Directorate General of Taxation has received amounts of $12 million from Lydec, $13 million from Saham Assurance, and $95 million from OCP. (more…)
Moroccan Foreign Minister Salaheddine Mezouar said on Wednesday that Morocco’s return to the African Union (AU) reflects the kingdom’s attachment to the continent.
This attachment will enable Morocco to strengthen its presence in the continent as well as to contribute to Africa’s development, Mezouar told the press on the sidelines of the Moroccan parliament’s review of the (more…)
NZ HERALD NEWS
Of all the gin joints in all the towns in all the world, we walked into his, writes Pat McCarthy.
The receptionist at our hotel across a leafy square from the Casa Voyageurs train station pushed a photocopied map across the counter.
Her yellow highlighter sprang into action. “We’re here, the Corniche is here, the Medina is here, the mosque is here … and Rick’s Cafe is here.” (more…)
Trilobite fossils dating back to some 500 million years ago with an intact digestive system have been discovered in southern Morocco, not far from Zagora.
The finding was published by Britain’s prestigious scientific magazine Nature.
What is extraordinary about the Megistaspis, marine arthropods from the Paleozoic era, is the fact that their digestive system was intact. (more…)