lundi 2 mars 2009

France looks south

Politicians often seem to ride on the coat tails of business and education pioneers. When Nicolas Sarkozy, France’s president, unveiled his ambitions for a Mediterranean union, he was in part seeking an institutional framework for a burgeoning reality.
Europe’s faster-growing southern neighbours represent an economic opportunity that some of the continent’s companies and educational establishments have been pursuing energetically for decades.
But changing times, needs and habits seem to be turning the Maghreb (northern Africa) countries into a potential area of expansion that few French business schools choose to ignore.
For them, the Mediterranean union, a planned European Union partnership, ultimately offers the hope of increased state funding. But as Professor Jean-François Fiorina, who heads the Maghreb Group at the association of French Grandes Ecoles, [management and technology schools], observes, government grants would merely be icing on the cake.
“Pretty much every French business school has ties of some kind with institutions in the Maghreb,” he says.
As growth in Europe stalls, interest in the African continent is quickening. In April last year, Insead at Fontainebleau launched its “Africa initiative” designed to bring more African talent and content into Insead programmes and build knowledge links with African networks. And Hec professors travel from Paris to teach some seminars at the Ecole Supérieure Algérienne des Affaires business school in Algiers.
Some French business schools are already involved in establishing campuses, developing joint teaching programmes or building research ties in the Maghreb. Others use North African educational institutions as “supermarkets” for their courses.
History plays a role, since many countries in North and West Africa were once French colonies or protectorates. In recent decades, immigration has replaced colonisation as a mechanism creating ties between French people and the region.
But technology and entrepreneurship have played a vital part in the growing courtship between Prof Fiorina’s school, Grenoble EM, where he is head of graduate business programmes and key Maghreb peers. First, French companies, deeply entrenched in much of north and west Africa, have been steadily reducing their use of expatriate staff in operations in those regions. This has created a need for local people with familiar French training and qualifications to drive corporate expansion.
According to Jacques Digout, head of Maghreb programmes at Groupe ESC-Toulouse business school, Moroccan managers with French qualifications are paid markedly higher salaries, creating strong demand for courses.
Second, and more recently, is the transformation of communications, with broadband speeds and services across much of Morocco on a par with those in metropolitan France. Airline competition is also changing academic relations. Prof Fiorina says travelling from Lyon to Casablanca “now costs less than taking the TGV [train] to Paris and takes no longer”.
He should know. Grenoble EM has what amounts to a second campus at the Ecole Supérieure du Commerce et des Affaires de Casablanca, where 300 students follow Grenoble programmes taught largely by Grenoble staff. The two schools have a joint masters degree in industrial purchasing and logistics. Collaboration is so entrenched that the schools are establishing a shared IT system, based in Casablanca.
The Esca partnership is developing into a Casablanca business education hub serving all of Francophone Africa, says Prof Fiorina, with rising enrolments from south of the Sahara. Although students with money and connections may still prefer courses in the US or UK, from where they may not return, able students seeking qualifications to win jobs in the region find local courses more affordable and accessible and equally trusted by local employers.
The Grenoble/Esca collaboration also covers research into the impact of technology and innovation in emerging markets and a tie-up with a Casablanca technology institute.
Grenoble EM has forged close ties with the Institute Supérieur de Gestion at Sousse in Tunisia, one of a group of Maghreb management schools that have joined Grenoble EM to work on issues of entrepreneurship and international development. The final element is the popularity of Grenoble EM’s free Open Educational Resources online courses. Many of the 4,000 online management students are from the Maghreb.
The perspective that Morocco is the most promising location to develop a Maghreb campus is widely shared. Prof Digout is working hard to extend relationships that his school has been building since 1995.
Esc-Toulouse has 116 students taking two part-time masters degrees, in marketing and audit/financial controls, on a campus at the French Chamber of Commerce of Morocco in Casablanca. Half of the professors are local and the rest drawn from other ESC-Toulouse campuses.
The Toulouse management school group is awaiting Moroccan approval to offer its core Grande Ecole Programme, leading to a masters degree in business, in Casablanca this year. Prof Digout says that, with economic growth of 5.3 per cent expected in Morocco this year against a likely economic standstill in France and many potential students being able to pay their way on local programmes, Morocco is a promising business education market.
Esc-Toulouse is also helping develop programmes at the Institut National de Commerce in Algiers. But its own Maghreb development will focus on Casablanca, which will become a third Esc-Toulouse campus, joining Toulouse and Barcelona.
Developing a Maghreb campus makes business sense and offers an opportunity to develop the multicultural nature of programmes offered by the Toulouse school, says Prof Digout.
Thami Ghorfi, chief executive of Esca School of Management in Casablanca, believes Morocco is becoming a business education hub for North and West Africa.
Esca’s vision has spurred it to forge links with more than 12 partner business schools round the world. The international context is important, says Mr Ghorfi.
“Companies from all over the world want to know how to deal with the Middle East and North African region, with Arab countries, and with Muslim countries. Morocco is at the western end of the Arab world, at the frontier with the west.
“We have an opportunity to help students and executives from each side of that frontier understand one another’s markets.”
Mr Sarkozy and many French business professors clearly agree.
The Financial Times Limited 2009 source

mardi 17 février 2009

Morocco mades new gas discovery-state agency MAP

RABAT, Feb 14 (Reuters) - Morocco's state National Office of Hydrocarbons and Mines has found a new gas well at the exploration Sebou area in the country's northern Gharb region, state news agency MAP said on Saturday, quoting an Office statement. The well in the search KSR8 bloc was discovered in partnership with Circle Oil Plc, it added but gave no figures on the estimated potential of the gas find.But the Office said the find has greater potential than two gas discoveries ONZ6 and CGD9 made last year in the region.Early in November, Circle Oil Plc said its ONZ6 exploration well in Morocco tested gas at a sustained rate of 3.20 million standard cubic feet per day, and the the well has been completed as a potential producer.Morocco is the only North African country with no oil of its own. The government stepped up efforts to explore for oil and gas in the past 10 years and awarded exploration permits to more than 30 foreign firms to hunt for hydrocarbons. (Reporting by Lamine Ghanmi; Editing by Victoria Main) Keywords: MOROCCO GAS/DISCOVERY
(maghreb.newsroom@thomsonreuters.com, +212-37 720065)

lundi 9 février 2009

Bull to Run International Mail Center in Morocco

Saturday, 07 February 2009
Morocco announced on Wednesday it had selected Bull from a pool of seven candidates for the project of automating Casablanca’s International Mail Center.
Bull will helm a team of postal solution specialists, including its subsidiary AddressVision Inc. (AVI) and National Presort Inc (NPI) in the development of the Center, also known as a Center of Postal Expertise. The project is expected to improve the performance of Barid Al-Maghrib (BAM) and assure its position as an international player in the mail sorting field, according to BAM CEO, Anas Alami.
Bull, subsidiary Bull Maroc, present in Morocco since 1950, already runs an International Services Center at Casanearshore business park that specializes in telecommunications and the public sector. In 2007, the company made MAD 300mn through its work on the kingdom’s major infrastructural and information systems projects, including in education, taxes and telecommunications, according to the Ministry of Industry, Commerce, and New Technologies.
The Center of Postal Expertise will serve as a pole of postal skills and support services for an entire region covering francophone Europe and Africa, transferring knowledge of the latest advances in postal service technology to the area as well as reinforcing Morocco’s position as an up-and-coming regional IT leader.

mardi 13 janvier 2009

Canamens to explore off Morocco

Offshore staff
LIMASSOL, Cyprus – Canamens is embarking on a round of exploration offshore Morocco following the award of contracts and agreements with Morocco's Office National Hydrocarbures et des Mines.
Canamens says it will reprocess and acquire new 2D data in the Essaouira Shallow Offshore in water less than 500 m (1,640 ft) and based upon the results chose whether to convert the license into an exploration permit.
In the Essaouira Deep Offshore area with water depths greater than 500 m, Canamens plans to reprocess and acquire new 2D data with an option to extend into a 3D and drilling commitment.
The acreages totals more than 11,000 sq km (4,247 sq mi) and Canamens holds 75% with ONHYM holding the remainder.
01/13/2009

mercredi 31 décembre 2008

‘Real Results in Morocco’ by the chief executive officer of the Millennium Challenge Corporation

By JOHN J. DANILOVICH and THOMAS T. RILEY
Published: December 30, 2008

Having collectively spent over half a century monitoring the performance of companies and organizations in the private sector, we have learned a fundamental truth: Results reign. Nothing speaks of accountability and transparency better than delivering results that clients and shareholders can touch and the bottom line can quantify.
When, in August 2007, the two of us witnessed the awarding of a $697.5 million U.S. government poverty reduction grant to the Kingdom of Morocco through the Millennium Challenge Corporation (MCC), America's innovative development assistance agency, we knew that we had partnered with a country that shares our philosophy about foreign aid.
Like the United States, Morocco maintains that assistance should be keyed to benchmarks, designed to yield economic rates of return, and linked to delivering results that make a difference for the poor. It is notable that our partnership with Morocco is delivering such results even before one dime of this aid has been spent.
High-level officials, private sector leaders, and workers alike in Morocco believe in their country's tremendous potential. They also would acknowledge the hurdles that hinder long-term economic development and negatively confront the poorest 11 percent of their fellow citizens. Through its cooperation with MCC, Morocco has created a platform for a results-driven partnership that is designing innovative solutions to spur economic growth. And, even before the bulk of this money starts flowing, this cooperation in Morocco is already bearing fruit.
This is apparent in the groundbreaking reforms Morocco has undertaken to address poverty. For our part, American assistance through MCC is awarded only to countries that govern justly, invest in health and education, and encourage economic freedom. For its part, Morocco responded on its own to these criteria and seized the opportunity to change its laws and improve internal processes. For example, Morocco is working to bring the fishing sector up to international environmental standards in order to maximize MCC's investment in this critical industry.
Nowhere is the early success of Morocco's MCC partnership more apparent than in Morocco's leadership of its development agenda. American aid through MCC asks countries themselves to determine what they need most to reduce poverty and stimulate economic growth.
Morocco responded with incredible seriousness and reached out to its citizens - at the national, provincial, and local levels - to discuss which productive sectors would create the most jobs for the majority of the poor. After extensive deliberations, Moroccans determined that their MCC investment should target fruit tree productivity, small-scale fisheries, artisan crafts, financial services, and enterprise support.
This is a win-win outcome. Americans know that U.S. funds are going to a country committed to addressing poverty issues it identified. And, the program encourages continued government reforms and promotes a more stable environment. The Moroccans win because they are reducing poverty and stimulating economic growth through a country-determined program that is expected to increase their gross domestic product by approximately $118 million annually.
Morocco has implemented programs that leverage and complement this investment of friendship and support by U.S. taxpayers. After signing its MCC grant but before implementing it, Morocco unveiled its five-year agricultural development strategy, the Plan Maroc Vert or Morocco's Green Plan. Through this plan, every U.S. dollar spent to improve agricultural productivity in Morocco will be reinforced or matched by other donor or government funds. At a time when every dollar counts, stretching our resources abroad to deliver the greatest impact makes good sense, and Morocco proves this.
Americans should take note of what is happening in Morocco as an example of a respectful use of U.S. taxpayer money in the fight against poverty. Before spending one dime of MCC's grant, Moroccans were already putting their solutions, their resources, and their people to work to reduce poverty. Instead of simply measuring dollars out the door, one can see results through positive and meaningful change taking root in a country that is taking charge of its development.
This type of partnership creates conditions for American investments to do the most good. In the midst of the global financial crisis, this illustrates healthy "smart aid" at work that is extraordinarily efficient and effective not only for our partners, like the Moroccan people, but also for Americans.
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John J. Danilovich is chief executive officer of the Millennium Challenge Corporation and formerly served as U.S. Ambassador to Costa Rica and Brazil. Thomas T. Riley has been serving as U.S. Ambassador to Morocco since 2003.

lundi 15 décembre 2008

Morocco Tourism Report 2008 - companiesandmarkets.com adds new report

Morocco Tourism Report 2008 - companiesandmarkets.com adds new report
Latest Statistics In January 2008, Morocco’s Tourism Ministry announced that tourist arrivals to Morocco during the first 11 months of 2007 registered a rise of 14% year on year (y-o-y). A total of 6.72mn tourists arrived in the country over this period. The most important source market for Morocco was France, which sent 2.6mn tourists. Spain was second, with 1.43mn,

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followed by Belgium (392,000), the UK (387,000), Italy (333,000) the Netherlands (325,000) and Germany (182,000). Tourism receipts for the Jan-Nov period were MAD54.1bn (US$6.6bn).The 14% annual increase is very much in line with BMI’s prediction of a 17% rate of growth for the year as a whole. We believe that the prospects for Morocco’s tourism industry remain buoyant. The country boasts a level of political stability rare in the Islamic world, and the authorities have prioritised tourism as a key source of foreign exchange earnings over the years to come.Over our forecast period, we believe that tourist arrivals can grow at an average annual rate of 10%. This will bring total tourist arrival numbers to 11.8mn by 2012. At the same time, international tourism receipts will continue to grow strongly, reaching US$10.83bn by 2012.Vision 2010 And Plan Azur The cornerstone of Morocco’s tourism strategy for the balance of this decade is Vision 2010. This programme aims to attract 10mn tourists to the African nation by 2010. Other key aspects of the programme include the creation of some 160,000 new hotel beds, bringing the total national capacity to 230,000 beds. The country also hopes to create 600,000 new tourism sector jobs. The key points of Vision 2010 are listed on page 10 of this report. A key component of Vision 2010 is Plan Azur. This plan identifies six key resorts to be developed along the country’s extensive coastline. A full description of Plan Azur can be found on page 23 of this report.A Good Time To Invest Foreign investment in the tourism sector should continue to rise across BMI’s forecast period to 2012.Many international hotel chains are building new resorts across the country and the untapped potential of Morocco’s extensive coastline should be a particular draw to investors wishing to gain exposure to the tourism and property sectors. Foreign airlines are starting up new routes to the kingdom, following the deregulation of the sector in late 2005. The strong priority given to tourism by King Mohamed VI and his government is a further supportive factor.A recent report by UK-based property analyst, the Buy Association, puts Morocco within its top 10 foreign destinations for 2008. The association believes that Moroccan resort properties are expected to increase in value by 30% during 2008 (for further information, see page 12).Marrakesh attracting upscale hoteliers The coming years will see a suite of luxury hotels and resorts opening up in Marrakesh. US-based Park Plaza Hotels plans to open a 114-room hotel in Marrakesh in mid-2009, and Mauritius-based hotel chain Beachcomber Hotels has started work on its new luxury resort just outside the historic city. A new Mandarin Oriental Hotel is also scheduled to open in 2009. The Mandarin Oriental Jnan Rahma will be located just outside the city and provide 145 guest rooms with a further 45 luxury villas, branded as Residences at Mandarin Oriental.Beachcomber’s Royal Palm Hotel Golf and Spa Marrakesh resort will boast 150 suites and villas, alongside upscale spa facilities, a sports centre, four restaurants and an 18-hole gold course. The EUR40mn project marks Beachcombers first new development outside the Indian Ocean, and is scheduled to open at the end of 2009.This flurry of activity at the higher-end of the hotel spectrum comes as the country’s most famous hotel, the Mamounia in Marrakesh, gets set to re-open in Spring 2008, following over 18 months of extensive refurbishment.
Author:e-mail

jeudi 11 décembre 2008

Repsol is about to launch new oil extracting well in northern Morocco

In January 2009 The Spanish Company Repsol will begin a new activity in its first oil well in Morocco, known as ‘Anchois’ is located 113 kilometers near to Tangiers, according to the company statement submitted by the Spanish national commission of stock exchange (CNMV). This is part of the company's project for oil exploration in Morocco Mediterranean coast. The pit Anchois is located in Northwest waters of Morocco, some 166 km from Cadiz (Spain), at 2597 meters depth; the seabed is at 354 meters. The company leaded by Antonio Brufau already present in Gaz distribution and marketing business in Morocco through its subsidiary Repsol Maroc, as well as National Gaz of Morocco.
By jalal Nali Director of Maroc Post Europe