TRADE X Expands its Presence in Africa with the Opening of a Trade Route in Ghana

This is the third TRADE X facility in Africa, following the opening of an import facility in Lagos, Nigeria and Nairobi, Kenya earlier this year

TORONTO, Nov. 21, 2022 /PRNewswire/ — TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, today announced that it has opened a new trade route in Ghana, strengthening the company’s presence in Africa after having recently opened new import facilities in Lagos, Nigeria and Nairobi, Kenya.

With the opening of new trading routes and now expanding into Ghana, TRADE X is aiming to connect automotive dealers in various regions of Africa, which boast a rising middle-class population, to pre-owned inventory in North America, Europe and other strategic export locations. Earlier this month, TRADE X signed a partnership agreement with the Vehicle and Asset Dealers Union of Ghana (VADUG) to increase visibility and encourage more dealers to take advantage of the company’s easy-to-use platform.

“People in Ghana hold onto cars for a long time,” said Oaniyan Jeremiah Williams, Head of Business Development for TRADE X in Ghana. “There is both a huge market here and a need for a platform like TRADE X that connects buyers and sellers safely and compliantly. Recently, a dealer shared with me that he sent money to a seller in Europe for a vehicle but has not yet received the inventory he paid for. This unfortunately common occurrence is not possible through the TRADE X platform, as each user is screened, and all transactions are routed through a secure portal at the time of the transaction. So, we are providing an obvious need to dealers in this region.”

The TRADE X platform connects automotive dealers, fleet owners, rental companies and mobility solution providers with trading partners around the world. When users log onto the TRADE X platform on their desktop or via the TRADE X global app, they can ensure they not only have access to admissible inventory and the best possible deals—but that they are transacting in a secure and streamlined way that removes the complexities of logistics, homologation, compliance and customs. Dealers can use the marketplace to request specific makes or models using the platform’s “Instant Request” feature, review specific search results to assess real-time pricing, and make vehicle purchases safely, transparently and compliantly.

Buyers in Ghana, who import a significant number of cars from Germany, favour smaller engine brands such as Mitsubishi, Suzuki and Peugeot.

TRADE X has opened a small office in Accra and further plans to open a warehouse facility in the city.

“We are excited to bring TRADE X to Ghana and to expand our footprint in Africa,” said TRADE X Senior Vice President of Global Business Development Eric Gosselin. “As the automotive industry responds to major shifts around environmental standards, dealers in the U.S. and Europe will need a market for their older vehicles, and we believe that Ghana, Nigeria, and Kenya represent prime markets. We look forward to working with Ghanaian dealers to communicate the benefits of using the TRADE X platform to source and purchase their pre-owned automotive inventory.”

Automotive dealers, fleet companies, and mobility providers in Ghana who are interested in trading via the TRADE X platform can sign up at tradexport.com to begin the process of buying and selling vehicles.

About TRADE X

With headquarters in Ontario, Canada, TRADE X is the first global vehicle marketplace to aggregate cross-border supply and demand for car dealers, fleet owners, rental companies, mobility solution providers, importers, and exporters, opening new trading corridors to buy and sell vehicles. The TRADE X ‘Brain’ platform is a machine-learning, AI-driven technology that connects buyers and sellers through a transparent marketplace that aids sellers in finding the world’s highest paying markets and gives buyers access to the best vehicle source markets and price arbitrage opportunities. Users can quickly and seamlessly transact online in a secure environment with all the complexities of international trade – compliance, anti-money laundering regulations, vehicle inspection, currency exchange, digital trade documentation, payments, and financing – all managed by TRADE X. The company serves authorized buyers and sellers everywhere with a user-friendly app available 24/7 via mobile, tablet, or desktop. TRADE X’s largest investors include Aimia Inc., a publicly traded holding company listed on the Toronto Stock Exchange (TSX: AIM). To learn more, please visit www.tradexport.com.

Media Contact:                    TRADE X Contact:
Siobhan Nolan                      Shelley Keller
JConnelly                                Director, Corporate Communications + Brand
(862) 217 9585 shelley.keller@tradexport.com
snolan@jconnelly.com 

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Kingdom’s Ombudsman Meets with Central African Peer

During this meeting, the two parties discussed the strengthening of cooperation between the Institution of the Ombudsman of the Kingdom and the National Mediation Council in Central Africa.

 

The meeting aims to deepen the ties of cooperation between the two countries in all areas related to the competence of the Institution of the Ombudsman of the Kingdom, Benalilou told MAP.

 

“The visit of Mr. Ngon Baba was an opportunity to discuss all the axes of cooperation as well as a possible support to our counterparts of the National Mediation Council (in Central Africa),” he said, referring to the possibility of signing a memorandum of understanding on the extension of these cooperation mechanisms between the two institutions.

 

For his part, the Ombudsman of the Central African Republic welcomed the “excellent” relations between the two countries, stressing that this meeting aims to build a new basis for “fruitful” relations between the two institutions.

 

Source: Agency Morocaine De Presse

Morocco Reports 35 New COVID-19 Cases over Past 24 Hours

A total of 24,914,680 people have received the first dose of the COVID-19 vaccine, while the number of fully vaccinated people (1st and 2nd doses) has reached 23,414,339, the ministry pointed out in its daily COVID-19 bulletin, noting that 6,855,281 people have received the third dose of the vaccine, while 55,694 people have received the fourth dose.

 

According to the same source, the number of COVID-19 cases reported since the start of the outbreak of the virus rose to 1,267,350, while recoveries increased to 1,250,292, i.e. a recovery rate of 98.7%.

 

The new COVID-19 cases were recorded in the regions of Rabat-Salé-Kenitra (17), Casablanca-Settat (10), Marrakech-Safi (04), Souss-Massa (02) and Fez-Meknes (02).

 

As for coronavirus-related fatalities, their number remained at 16,283, while the number of active cases stands at 775, with no severe or critical case reported over the last 24 hours.

 

Source: Agency Morocaine De Presse

Health Minister: Regional Health Plan, Appropriate Remedy to Reduce Territorial Disparities

In response to an oral question in the House of Representatives on “health support for rural and mountain people”, asked by the Authenticity and Modernity (PAM) group, the Minister noted that the problem lies not in logistics and equipment but especially in human resources and their qualification.

 

He added that the government is working on the materialization of annual action plans including the program to reduce territorial and social disparities in rural areas (2017-2023) with a significant budget, as well as the national strategy of primary health care through a regional action plan.

 

Answering another question on ”the upward revision of the number of beds in hospital emergencies and the achievement of territorial equity”, Ait Taleb noted that 80% of cases admitted to hospital emergencies are not of a seriousness requiring such admission and should therefore be taken care of by primary health care centers, which, according to him, explains the situation of overflow and congestion in hospital emergencies.

 

Source: Agency Morocaine De Presse

Organic Law Dedicated to Social Welfare Institutions for Elderly is Being Prepared (Minister)

These institutions have received this year an additional support of 7 million dirhams, said Hayar in response to an oral question from the constitutional, democratic and social group in the House of Representatives, adding that the ministry has also undertaken an assessment of the expertise available to the elderly to take advantage and strengthen the intergenerational link.

 

The “economy of protection” is a new approach adopted in Morocco to allow the care of the elderly by social workers, explained the minister, noting that like all citizens, this category will benefit from medical coverage as part of the royal large-scale project of generalization of social protection.

 

Responding to another question from the group of the Authenticity and Modernity Party (PAM) on “the situation of employees of the National Mutual Aid”, the government official said that the ministry has adopted a new strategy to reposition this institution as “essential actor at the territorial level as well as in the areas of solidarity and social integration”.

 

Source: Agency Morocaine De Presse

MEP Commends Development Momentum in Guelmim Oued-Noun Region

This two-day visit aims to present the region and its various assets and highlight the investment projects completed, scheduled or underway.

 

In a statement to the press after a meeting with the Director of the Guelmim Oued-Noun Regional Investment Center (CRI), Mourad Kaina, Zdechovsky said that the purpose of this visit is to learn about the progress made in Morocco’s southern provinces and present this development dynamic within the European Union.

 

“We frequently talk about the strategic partners of the European Union, of which Morocco is one of the best in the North Africa region,” added Zdechovsky, who is also Vice-Chairman of the Committee on Budgetary Control at the European Parliament, noting that the security and stability enjoyed by Morocco encourages business climate.

 

Zdechovsky, also vice-chairman of the Committee on Employment and Social Affairs in the European Parliament, called for more investment in the Guelmim Oued-Noun region, stressing the importance of stable cooperation with Europe, especially with Western and Central European countries.

 

For her part, Nadia Bouaida, parliamentarian for the Guelmim Oued-Noun region and chairperson of the Committee on Foreign Affairs, National Defense, Islamic Affairs and Moroccan Expatriates in the House of Representatives, said that this meeting was an opportunity for Zdechovsky to learn about the socio-economic and political progress made in the region, as well as the various programs and major projects in several areas, including green hydrogen.

 

This meeting was also an opportunity to learn about economic, social and political achievements in the southern provinces under the enlightened leadership of HM King Mohammed VI, and to consolidate the partnership and multilateral cooperation between Morocco and the European Union, as well as bilateral cooperation with the Czech Republic.

 

Source: Agency Morocaine De Presse

Morocco Capable of Standing out at World Cup-2022 (Motsepe)

The Moroccan players have the necessary assets to perform well at this World Cup, said Motsepe in a statement to the press, after a visit to a training session of the Atlas Lions at the Abdullah bin Khalifa stadium in Al-Duhail, alongside president of the Royal Moroccan Football Federation (FRMF), Fouzi Lekjaa.

 

The Moroccan team, including footballers playing in the biggest European leagues, is predisposed to show a good level, he insisted, saying he was optimistic about the African participation in this large event of international soccer.

 

“Africa is waiting for Morocco, along with other African teams,” said the official, expressing the wish to see an African team qualified for the final.

 

In addition, Motsepe praised the efforts made by the FRMF to promote soccer in Morocco, under the wise leadership of HM King Mohammed VI.

 

Morocco starts the World Cup 2022 with a game against Croatia, Wednesday at 11 a.m. (GMT+1). Its other two opponents in Group F are Belgium and Canada.

 

Source: Agency Morocaine De Presse

Moroccans, First Non-EU Community Affiliated to Social Security System in Spain

According to the data of the Ministry of Labor, Moroccans remain at the top of the list, followed by Colombians (124,668) and Venezuelans (120,969).

 

The total number of foreigners affiliated to the Spanish social security system reached 2,462,506 in the first ten months of 2022, an increase of 6,487 active persons compared to September.

 

Of the total number of foreign workers contributing to the Spanish social security system, some 1,620,076 are from outside the European Union and 842,430 are from European Union countries.

 

Overall, foreign workers accounted for 12.2% of the total number of people registered for social security in October in seasonally adjusted values.

 

According to the National Statistics Institute (INE), some 879,943 Moroccans were legally established in Spain up to January 1, 2022, an increase of 0.8% (+7,184 people) compared with January 1, 2021.

 

Source: Agency Morocaine De Presse

MAP Celebrates World Children’s Day

Through this initiative, UNICEF’s “Go Blue” action, MAP expresses its support for the movement in support of children’s rights around the world and recalls the importance of celebrating this day which aims to allow children’s voices to be heard.

 

This celebration responds to the call of the United Nations Children’s Fund (UNICEF) encouraging its partners to renew the expression of their commitment to children’s rights through various forms of action.

 

World Children’s Day is celebrated every year on November 20, the day the UN adopted the Declaration of the Rights of the Child in 1959 and the Convention on the Rights of the Child, signed in 1989.

 

Source: Agency Morocaine De Presse

Morocco Hosts Meeting to Review AU Administrative Tribunal Statute and Rules of Procedure

During a meeting with the members of the committee, first president of the Court of Cassation, president delegate of the Supreme Council of the Judiciary (CSPJ), Mohamed Abdennabaoui, welcomed the members of the Technical Committee of the AU, supervised by the Administrative Tribunal of the Union, chaired by Sylvester Salufu Mainga, expressing the full support of the Kingdom to this African judicial institution.

 

He also highlighted the Moroccan judicial system, a unified system that includes judges and prosecutors belonging to the judiciary, saying that Morocco currently has 2,400 judges including 1,000 prosecutors in the Prosecutor General’s Office.

 

In addition, he presented an overview of the procedure for access to the judiciary through the Higher Institute of the Judiciary, which is currently managed by the Ministry of Justice and “which will soon be placed, in accordance with the law, under the supervision of the CSPJ”, as well as the roles of the Council in managing the professional situation of judges, whether they are sitting judge or prosecutor.

 

For his part, Sylvester Salufu Mainga said that the meeting of the technical committee of the AU in Morocco will be an opportunity to review the Statute and Rules of Procedure of the Administrative Tribunal of the union, adding that this review is the second after that held last year in Mozambique.

 

This meeting is held in Morocco, as a member of the aforementioned tribunal in the period from November 21 to December 2, 2022, as part of the review of the Statute and Rules of Procedure of this jurisdiction.

 

Source: Agency Morocaine De Presse

Morocco, “Powerful Model of Dialogue and Living Together” (Rabat Archbishop)

In an interview with MAP on the eve of the 9th Forum of the UN Alliance of Civilizations, the Archbishop of Rabat said that the choice of the Kingdom to host this international event “reflects the power of Morocco as a model of dialogue and living together.”

 

“In Morocco, we have gone beyond the model based on tolerance, which was certainly commendable but insufficient,” he noted.

 

“That the Alliance of Civilizations wanted to hold this meeting in Morocco reflects positively on what we experience on a daily basis in this country. The concrete choice of Fez reaffirms its quality of spiritual capital of the Kingdom,” he said.

 

Referring to the role of religious institutions in countering the rise of extremism in the world, Cardinal Lopez Romero said that “it is necessary that every believer has an attitude of openness towards the other, who is different, without fear of confronting other ways of thinking, believing and celebrating.”

 

“For dialogue to be possible and fruitful three conditions are needed: a clear and strong personal identity, the courage to be open to difference, and sincerity in intentions,” he added.

 

“If all of us believers live within these three parameters, religions will no longer be a cause of problems for humanity; on the contrary, they will be part of the solution,” he concluded.

 

Source: Agency Morocaine De Presse

Casablanca Stock Exchange Opens in Green

Casablanca – The Casablanca Stock Exchange, closed last Friday for the Independence Day, started in the green on Monday, its main index, the MASI, taking 0.22% to 10,845.65 points (pts).

 

The MSI 20, an index of the 20 most liquid stocks, rose 0.23% to 873.85 pts.

 

Source: Agency Morocaine De Presse

Casablanca Stock Exchange Closes on Negative Note

Casablanca – The Casablanca Stock Exchange closed on a negative note on Monday, with its benchmark index, the Masi, down 0.35% to 10,783.87 points (pts).

The MSI 20, an index of the 20 most liquid stocks, dropped 0.6% to 866.64 pts and the Casablanca ESG 10, a thematic index that calculates the price performance of socially responsible companies, lost 0.62% to 812.92 pts.

 

Source: Agency Morocaine De Presse

Morocco-UAE: First Phases of Bilateral Cooperation Program in Security Fields Launched

The framework of bilateral cooperation between Morocco’s security services and their counterparts in the Emirate of Abu Dhabi includes the implementation of the visits exchange program between the security executives of both parties, in order to learn about the experiences and expertise in different areas and police specialties, the DGSN said in a statement.

 

It also concerns the holding of joint sessions of specialized training in security areas relating to the fight against crime, maintaining public order and consolidating the role of science and new techniques in the police field.

 

The activities of the bilateral cooperation and advanced program between the two countries also include the organization by the DGST of specialized training sessions in specific intelligence areas, for the executives of the Abu Dhabi police, with the aim of allowing these executives to learn about the distinguished Moroccan experience in the field of fighting against terrorist organizations and cross-border crime.

 

As part of the implementation of this partnership, added the statement, the Royal Institute of Police hosts, from Monday and for a period of two months, a theoretical training session specialized in the field of judicial police and the fight against crime, for the benefit of senior officials under the command of Abu Dhabi police, under the supervision of Moroccan security officials.

 

This session will be followed by a period of applied training in centralized and decentralized services under the National Security, including the National Brigade of the Judicial Police, the Laboratory of Scientific and Technical Police and the Casablanca Prefectural Service of the Judicial Police.

 

The realization of this partnership program comes in implementation of the decisions of the meeting that brought together the Director General of National Security and Territorial Surveillance with the Commander-in-Chief of the Abu Dhabi Police, on the sidelines of his working visit to the Kingdom of Morocco on October 7, 2022, as well as within the framework of the common desire to strengthen Moroccan-Emirati cooperation in various security areas, the aim being to ensure the strengthening of the security of the two countries and the safety of their citizens, said the same source.

 

Source: Agency Morocaine De Presse

Arrest of ‘Daesh’ Supporter Active in Sala Al-Jadida for Alleged Involvement in Preparation of Terror Project (BCIJ)

This former detainee in terrorism cases, aged 22, whose identity has been established and details of his terror project revealed, was arrested on the basis of research and investigations conducted by the services of the DGST, said Monday a statement by the BCIJ.

 

The searches carried out in this case resulted in the seizure of electronic equipment and a sketch of plans for carrying out terrorist operations, in addition to manuscripts with extremist content, according to the same source.

 

According to the preliminary data of the investigation, the suspect has recently resumed his extremist activity and has begun to search for raw materials used in the manufacture of explosive devices in order to carry out his terrorist plan against vital facilities.

 

The arrested extremist was placed in custody to complete the judicial investigation conducted by the BCIJ under the supervision of the prosecutor’s office in charge of terrorism cases in order to reveal all the extremist activities he is accused of, to determine his possible links with terrorist organizations in Morocco and abroad and to define the ins and outs of the terror project he was preparing to carry out on Moroccan soil, the statement added.

 

This security operation attests, once again, to the importance and effectiveness of preventive operations aimed at countering the threats of the terrorist danger that hovers Morocco, especially in a context marked by the multiple attempts of international terrorist organizations and their regional branches targeting the security of the Kingdom and the safety of its citizens.

 

Source: Agency Morocaine De Presse