Endeavor Entrepreneurs, in conjunction with Ernst & Young Global's EY Vantage Program, is helping Rabat, Morocco, based Algo Consulting Group transform the way citizens connect with government services.
Morocco Tender and Business News
According to a report from Valencia, Spain, based ForwardKeys on airline capacity in Africa, Lagos, Nigeria in particular is showing a significant seat capacity decline in 2017. According to a spokesperson from AviaDev, a major airline route development conference in Africa, this comes directly from the difficulty in bringing revenues back out of the country in 2016.
The theme of this year's African Union Decentralization Day celebrated on August 10 was "Youth Participation". With 63 percent of Africa's overall population below the age of 25, getting youth involved in all aspects of society is critical to the continent's growth and health.
Senegal-based African fintech company InTouch (www.InTouchgroup.net) recently reached a deal with France-based Total, a global provider of oil, gas and solar energy solutions, and Worldline, a French e-payment service provider. The deal will bring rollout of InTouch's 'Guichet Unique" payment solution to eight African countries.
With a focus on how to help Africa to work together better as well as specifically to help African cities get access to climate finance funds, the Constituent General Assembly of the Network of Chief Technical Officers of Cities and Territories of Africa (Africa TechNet) was held from 03 to 05 July 2017 at Ivotel Hotel, of Abidjan (Côte d’Ivoire).
The Climate Investment Funds' Clean Technology Fund (CIF CTF) has granted Morocco a US $25 million loan for a project to generate solar power through a hybrid Concentrated Solar Power (CSP) and Photovoltaic (PV) solution.
On June 15, the 10 nominees who will be contending for the 2017 Innovation Prize for Africa were announced by the African Innovation Foundation (AIF) (www.AfricanInnovation.org). The top prize will be awarded on July 18 in Accra, Ghana.
Morocco was just announced as the recipient of a $350 million program to support new sources of financing for small-to-medium enterprises (SMEs), while also assisting with tighter regulatory oversight in the country's banking sector.
Africa Legal Network (www.AfricaLegalNetwork.com), with central offices in Kenya, just announced it has signed three new member firms which will expand its capabilities in Francophone Africa. These are based in Algeria, Guinea and Morocco.
Clarke Energy of the United Kingdom has been selected as the distribution partner for GE's Distributed Power for six new countries in Africa, for sales and support of their Jenbacher gas engine product line.
Germany just signed a Letter of Understanding to provide €15 million in support of the International Monetary Fund's capacity development activities across Africa in the context of the G-20 Compact with Africa.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
The Hilton Hotels group is planning a major expansion of its chain across North Africa. To do that, it has established a new dedicated development office in Casablanca.
On April 7, the United Cities and Local Governments of Africa (UCLG Africa) (www.UCLGA.org) Pan-African organization held a workshop in Rabat (Morocco) on how to access climate finance funds. The target audience for the event was local and regional authorities.
The African Airlines Association (AFRAA) has signed an agreement with Sabre Corporation, a global technology provider to the travel and tourism industry, for Sabre to provide consulting services to several of its member airlines.
On April 7, officials from the African Development Bank toured the Marrakech-Menara International Airport, Morocco's third airport project and one which was financed by the AfDB.
The Government of Kenya has just announced a ban on the making, use and import of all plastic bags, effective six months from now.
Swiss cement manufacturer LafargeHolcim has opened a new Construction Development Lab (CDL) in Casablanca, Morocco.
The United Nations World Economic Situation and Prospects (WESP) 2017 Report suggests Africa should see moderate economic recovery from 2017 to 2018. This is despite the overall world economy more or less expected to stagnate or grow at most slowly for the same period.
Warner Robins Air Logistics Center has awarded Florida-based Harris Corporation a $91 million contract to provide the Royal Moroccan Air Force (RMAF) with AN/ALQ-211 Advanced Integrated Defensive Electronic Warfare Suite (AIDEWS) systems.
Morocco's calm political environment and stable economy has begun making it far more than just a transit country for migrants. It is instead become a potential new home for them, though the long-term dream for most who have made it across the Sahara is still Europe.
Hilton is on its way to building its first hotel in the historic location of Casablanca. It just signed a management agreement with Group Sadiki (www.GroupSadiki.com) to open the hotel there.
The African Public Relations Association (AFPRA.org) and the Holmes Group are partnering to launch the first African SABRE Awards. The awards, which provide recognition for Superior Achievement in Branding, Reputation & Engagement (SABRE), will be announced during the 2017 APRA conference to be held in May.
A new €37 million package just approved by the European Union's Emergency Trust Fund for Africa should help increase protection of migrants and to strengthen effective migration management in North Africa.
On December 5, BMCE Bank of Africa (www.BMCEBank.ma) announced the awarding of $1 million total in awards for the 11 winners of the 2nd Edition of the African Entrepreneurship Award (https:/AfricanEntrepreneurshipAward.com).