Wednesday, June 24, 2026
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home Business

France’s Macron, Moroccan King Cement Reconciliation With Business Deals

Nurat  Uthman by Nurat  Uthman
October 29, 2024
in Business
0
France’s Macron, Moroccan King Cement Reconciliation With Business Deals
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

by Nurat Uthman

Morocco agreed to buy high-speed trains from French company Alstom on Monday, one of a series of business deals signed during President Emmanuel Macron’s state visit to the kingdom as the two countries turn the page on years of diplomatic tensions.

Related posts

Nigeria’s President Tinubu Hosts Madagascar’s President Randrianirina at Aso Rock for Bilateral Talks

Nigeria’s President Tinubu Hosts Madagascar’s President Randrianirina at Aso Rock for Bilateral Talks

June 8, 2026
Dangote Refinery Lowers Diesel Price to N1,600 as Import Competition Rises

Dangote Refinery Lowers Diesel Price to N1,600 as Import Competition Rises

May 28, 2026


Paris and Rabat have had a difficult relationship in the past three years – notably over immigration issues and over the disputed territory of Western Sahara, which Morocco wants the international community to recognise as Moroccan.


After walking a tightrope to avoid angering Morocco’s rival Algeria, Macron backed Morocco’s position on Western Sahara in July, paving the way for the reconciliation. Macron is travelling with a dozen ministers and some 40 business executives.


In a rare honour to a foreign guest, King Mohammed VI, walking with a cane, came to greet Macron and his wife Brigitte at the airport on Monday, before the contract-signing ceremony at the Moroccan royal palace.


France was rewarded with a deal between Morocco’s rail operator ONCF and France’s Alstom to acquire 12 high-speed carriages and an option for a further six as Morocco seeks to expand an existing line farther south to Marrakech by 2030.


French energy firms Engie and EDF also signed deals to expand in the renewable energy sector, while TotalEnergies signed a deal on hydrogen, although no amount was immediately disclosed.

Shipping company CMA CGM also announced investments in a Moroccan port terminal.


French officials said contracts for both sides were worth more than 10 billion euros ($10.8 billion) overall but did not disclose a precise breakdown.


France was also hoping the visit will resolve tensions over immigration, which is a particularly hot issue in France, where the government is under pressure from right-wing parties to send back more unwanted migrants to countries like Morocco.


In 2021, Paris had decided to drastically cut the number of visas it awards North African visitors, in a bid to pressure these countries to facilitate the return of those migrants.


The policy had deeply aggrieved Morocco, and France eventually ended visa restrictions in 2022.

Tags: Business dealsFranceMorocco
Previous Post

BREAKING: Nigeria’s Ademola Lookman Secures 14th Spot in 2024 Ballon d’Or Rankings

Next Post

Google Among Investors Putting $110 Million Into Nigeria’s Moniepoint

Next Post
Google Among Investors Putting $110 Million Into Nigeria’s Moniepoint

Google Among Investors Putting $110 Million Into Nigeria's Moniepoint

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Nigeria: Dangote Summoned by ICPC as Probe into Ex-Petroleum Boss Begins

Nigeria: Dangote Summoned by ICPC as Probe into Ex-Petroleum Boss Begins

6 months ago
NIGERIA: AC Milan, Leverkusen Agree Loan Deal For Boniface

NIGERIA: AC Milan, Leverkusen Agree Loan Deal For Boniface

10 months ago
Malawi’s Opposition Backs Former President Mutharika for 2025 Election

Malawi’s Opposition Backs Former President Mutharika for 2025 Election

2 years ago
EU Restricts Visa Provisions for Ethiopian Nationals

EU Restricts Visa Provisions for Ethiopian Nationals

2 years ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Finding the Right Balance Between Product-Led Growth and Project Delivery – Ese Onogoro

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Nigeria High Commission in London Faces Backlash Over Use of Redeemed Churches for Passport Exercise

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.