Economy
Tesla has officially entered the Moroccan market by creating a local subsidiary headquartered in Casablanca. The move positions Morocco as a key hub for Tesla’s operations in North Africa and a launchpad for its broader ambitions across the African continent. The subsidiary, established on May......
Mohamed Ghiath, vice-president of the House of Representatives and a senior member of the National Rally of Independents, reaffirmed Morocco's strong commitment to supporting Africa’s energy transition and green investments. He made these remarks during an African parliamentary meeting held......
Mohamed Ghiath, Vice President of the House of Representatives and a member of the National Rally of Independents, confirmed the Moroccan Parliament's firm commitment to supporting the energy transition and green investment in Africa. He spoke at an African parliamentary meeting organized in Marrakech......
Critical Mineral Resources (CMR) has entered into a joint venture agreement to acquire a 60% interest in a promising copper-silver project located in central Morocco. This initiative is bolstered by a substantial investment of £1.33 million aimed at expediting the development of the site, which......
Morocco has established a groundbreaking civil engineering standard for Africa with the perforation of the Al Massira dam, addressing the urgent issue of water stress in the Marrakech region, as reported by the African Development Bank (AfDB). This unprecedented project serves as a model for effective......
In a wide-ranging interview, the Chief Executive Officer of UK Export Finance (UKEF), Tim Reid, emphasized Morocco's significance as a strategic entry point to African markets. During his recent visit to the kingdom, Reid engaged with government officials and private sector representatives to explore......
The Casablanca–Tangier High-Speed Line has become a powerful symbol of Morocco’s modernization and progress. Launched in 2018, this pioneering project the first high-speed train service in Africa has revolutionized travel between the country’s major cities and enhanced Morocco’s......
Morocco’s National Railway Office (ONCF) has underscored the significance of the nation's skilled workforce engaged in the recently inaugurated Kenitra-Marrakech high-speed line project. Khalid Khairane, director of high-speed line projects at ONCF, announced on Thursday that the new line......
A high-level delegation from the Brazilian aerospace giant Embraer recently concluded a visit to Morocco, focusing on the nation’s potential to bolster its aerospace supply chain. The company announced the visit's outcomes in a press release on Thursday. During the trip, Embraer identified......
The launch of the Kenitra–Marrakech High-Speed Rail (HSR) line by His Majesty King Mohammed VI marks a transformative step for Morocco’s national transportation network. Designed with substantial socio-economic benefits in mind, this ambitious infrastructure project builds on the success......
Morocco has launched a comprehensive airport modernization program worth 28 billion dirhams as part of its "Airports 2030" vision, announced Minister of Transport and Logistics Abdessamad Kayouh during a parliamentary session in Rabat. The initiative centers on building a new international......
Preliminary studies are officially underway in Morocco to define the technical specifications and financial arrangements for a new highway project linking Marrakech to Fès via Beni Mellal and Khénifra. The estimated cost of this infrastructure is approximately 28 billion dirhams. According......
Standard Chartered Plc is contemplating a strategic expansion into Morocco as part of its growth initiative across key African markets. This move aligns with the London-based bank's broader objective to enhance its wealth management and transaction banking services throughout the continent. Chris......
