Economy
In a significant development for Morocco's burgeoning cannabis sector, the city of Taounate has inaugurated the nation’s first legal cannabis production facility. This landmark event marks a pivotal shift in the country’s approach to cannabis cultivation and commercialization, reflecting......
In a notable development for the energy sector, Chariot Limited has confirmed substantial gas discoveries at its offshore Anchois project in Morocco. This announcement marks a pivotal moment for the company and the region, as it underscores the potential of Morocco's natural gas reserves. The exploration......
In a remarkable display of logistical prowess, Moroccan ports welcomed over 2.8 million passengers during the Marhaba 2024 operation, a seasonal initiative designed to facilitate the return of Moroccans living abroad. This year’s figures reflect a significant increase compared to previous years,......
In a significant development for the energy sector, Falcon Energy Materials has announced a strategic collaboration with Hensen to construct a state-of-the-art anode manufacturing plant in Morocco. This partnership aims to bolster the production of essential materials for the burgeoning electric vehicle......
In a significant diplomatic engagement, the Head of the Moroccan Government, Aziz Akhannouch, recently met with the Secretary-General of the Organization for Economic Co-operation and Development (OECD), Mathias Cormann, to address pressing global economic concerns. The meeting, held in Rabat, underscores......
The relationship between Africa and China is a multifaceted journey, marked by both opportunities and challenges. As the two regions continue to forge a shared destiny, it is essential to explore the dynamics that shape this partnership and the potential paths ahead. A Historical Perspective The Africa-China......
The European Union's General Court has dealt a significant blow to Apple's financial fortunes, dismissing the tech giant's appeal against a €13 billion tax bill. This ruling upholds the European Commission's 2016 decision, which found that Ireland had granted illegal tax benefits......
A new report from the Institute for International Strategic Studies (IMIS) outlines 10 key steps to boost the partnership between Morocco and the United Kingdom following Brexit. These suggestions aim to build on the countries' strong existing relationship and find new ways to work together. The......
The Chinese textile powerhouse, Sunrise Group, has announced a significant investment of 4.1 billion dirhams (approximately $422.2 million) in Morocco, a move poised to invigorate the nation’s textile sector. This ambitious project was discussed during a meeting between Morocco's Head of Government,......
In a significant milestone for Morocco's agricultural sector, the country has solidified its position as the leading supplier of watermelons to both Spain and France in 2023. This achievement underscores Morocco's growing influence in the global market for fresh produce. According to recent......
In a significant shift in consumer behavior, Coca-Cola and PepsiCo are experiencing a notable decline in sales across Muslim-majority countries, largely attributed to ongoing boycotts linked to the Israel-Gaza conflict. The backlash against these iconic American brands has opened doors for local soda......
The 2024 Forum on China-Africa Cooperation (FOCAC) in Beijing marked a significant milestone in Sino-African relations as China announced a bold $50.69 billion investment plan for Africa over the next three years. This ambitious initiative aims to accelerate the continent's modernization efforts......
In a significant development for African energy markets, Morocco has emerged as the continent's leading importer of U.S. thermal coal during the first half of 2024. The North African nation's purchases have skyrocketed to 2.8 million tonnes, marking a remarkable 100% increase from the previous......
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