Archive for July, 2014
Morocco: African agriculture gets dedicated reinsurer
Source: MEIR eDaily | 22 Jul 2014
Three re/insurance companies from Morocco, France and Bermuda have joined forces to establish a reinsurance company to cover agricultural risks in Morocco and Africa.
The Moroccan Agricultural Mutual Insurance (Mamda) is aligning itself with the French company La Centrale de Reassurance Mutual (MCR) and Bermuda-based Partner Re to launch the venture, reported the Moroccan daily, l’Economiste.
Named Mamda Re, the new company has already got the green light from the Moroccan regulators. It will have a capital of MAD1 billion (US$120.6 million), half of which will be provided by Mamda. MCR will hold a 20% stake while Partner Re will have the remaining 30% stake.
Mamda Re plans to attain Casablanca Finance City (CFC) status.
AFP/Habibou Kouyate] Hundreds of Malian imams and soldiers are receiving training in Morocco as part of co-operation efforts between the two countries.
Mali, Morocco boost security collaboration
By Jemal Omar in Nouakchott for Magharebia – 22/07/2014
“The Malian army needs the experiences of countries that face the same security threats, such as Morocco,” a researcher says.
Morocco and Mali’s leaders want to confront joint challenges, represented by the danger of extremist religious discourse and the threat of terrorist groups in the Sahel and Maghreb. (more…)
King Abdullah holds talks with his Moroccan counterpart King Mohammed in Jeddah. Photo credit: SPA
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Morocco to Raise School Standards
21 July 2014 , By Siham Ali, Source: Magharebia
Morocco just launched a new body to deal with problems affecting the education sector.
The Higher Council for Education, Training and Scientific Research new body aims to address long-standing problems.
The council’s 92 members were installed by King Mohammed VI on Wednesday (July 16th) in Casablanca. The next day, it held its first session in Rabat.
Following consultations with various stakeholders and ministerial departments, the new group will prepare a roadmap to reform the education system.
According to the council’s secretary-general, Abdellatif El Moudni, the body intends to create Moroccan schools that are open to their surroundings and capable of assuming their responsibilities, and to evaluate the education system with a view to reform. (more…)
Morocco hailed as climate ‘poster child’ after oil subsidy axe
Last updated on 21 July 2014
Government move to stop funding cheap petrol and diesel hailed as major progress by World Bank’s Rachel Kyte
By Ed King in Pori
Morocco should be held up as a ‘poster child’ for effective green policymaking, according to the World Bank’s top climate official.
Speaking at an environmental meeting in Pori, Finland, Rachel Kyte said the Rabat government’s recent decision to cut tax breaks for petrol and gas used a template other developing nations could follow.
“What Morocco did was remove subsidies on fossil fuels, because they couldn’t afford it, not because they had a big climate goal, but because they couldn’t afford the subsidies,” she said. (more…)
IANS | Rabat Jul 21, 2014
Thousands in Morocco protest Israeli attacks on Gaza
Thousands of people from all over Morocco hit the streets of capital Rabat over the weekend to stage a mass national march to express solidarity with the Palestinian people and to condemn the ongoing Israeli offensive on the Gaza Strip.
The march was held to reiterate the stand of the Moroccan people from across the political spectrum, human rights associations and trade unions, supporting the Palestinian cause and in condemnation of the Israeli action, the Maghreb Arab Press (MAP) reported.
The march was organised Sunday by the Moroccan Association for the Support of Palestinian Fight and the National Action Group for Supporting Palestine. (more…)
Terrorism | 2014-07-21
Jebel Chaambi slaughter spurs Tunisia to action
Tunisian authorities are closing down radical mosques and arresting suspected extremists, one week after terrorists ambushed soldiers in Jebel Chaambi.
Terrorism | 2014-07-21
Mali signs defence deal with France
France replaces Operation Serval in Mali with a new counter-terrorism project spanning the Sahel. (more…)
New York Post
Artwork of late Moroccan painter the center of lawsuit
Ahmed Yacoubi – He died in relative obscurity in Manhattan, but the works of a Moroccan painter, who once hobnobbed with the likes of fabled Beat poet Allen Ginsberg and socialite Peggy Guggenheim, are now the subject of a fierce court battle since they greatly increased in value when his native government posthumously dubbed him a cultural ambassador. Ahmed Yacoubi, born to a family of healers, became a jet-setting artist in the 1950s after meeting Guggenheim, who purchased his work for her private collection. The thrice-divorced Yacoubi settled above a theater on the Lower East Side in 1976, where he lived with artist Carol Cannon until shortly before he died in 1985 of lung cancer. (more…)