Economy
Morocco is cementing its position as a regional leader in renewable energy with an ambitious goal to achieve 20 gigawatts of renewable energy capacity. This target, announced by Energy Transition and Sustainable Development Minister Leila Benali, represents a doubling of the country’s current installed......
Shandong Yongsheng Rubber, a leading Chinese tire manufacturer, has confirmed plans to establish a tire production facility in Morocco’s Kenitra Automotive City. Founded in 1986, the company seeks to expand globally by leveraging Morocco’s geographic and trade advantages. The factory will......
The Mauritanian economist Sidi Ould Tah has been elected president of the African Development Bank (AfDB) with 76.18% of the votes. The election took place on Thursday during the institution’s annual meetings in Abidjan. Ould Tah prevailed after three rounds of voting, defeating Zambian Samuel......
The Nigeria-Morocco gas pipeline project has achieved significant milestones, with crucial agreements signed and feasibility studies completed. This ambitious initiative aims to enhance energy access for approximately 400 million people across 13 countries, marking a transformative step in regional energy......
Following interest from the United States, the United Arab Emirates is reportedly set to co-fund a monumental $25 billion initiative to construct the Morocco-Nigeria gas pipeline. This ambitious project aims to enhance energy cooperation across Africa and establish Morocco as a pivotal regional hub for......
Morocco is ramping up its road infrastructure projects to align with international standards as it prepares for the FIFA 2030 World Cup. The country currently boasts an extensive highway network spanning over 2,177 kilometers, as reported by Minister of Equipment and Water Nizar Baraka. During a recent......
Morocco is intensifying its efforts to diversify its gas resources, with plans to develop the first phase of a liquefied natural gas (LNG) terminal near Nador, a city in the east of the country. Energy Minister Leila Benali announced the government's commitment to initiating an action plan during......
Air Arabia Maroc has announced the introduction of a direct flight route connecting Nador and Murcia, set to commence on May 3. This initiative is part of the airline's broader strategy for international expansion. The new service will operate three times each week, specifically on Mondays, Tuesdays,......
Morocco’s port sector is on the cusp of significant transformation with a strategic partnership aimed at improving maritime services at the Mediterranean port of Nador West Med. The consortium formed by Marsa Maroc and Boluda Towage France has secured a 20-year authorization to provide towage and......
In the past twenty-five years, Morocco has emerged as a pivotal force in economic transformation, industrial development, and modernization across its region, according to the Italian Institute for International Political Studies (ISPI). Since the ascension of His Majesty King Mohammed VI to the throne,......
Morocco boasts exceptional assets in the energy sector, stated Gérard Mestrallet, the special envoy of the French President for the India-Middle East-Europe economic corridor, during a meeting in Rabat on Thursday. Among these assets, Mestrallet highlighted “strong, consistent winds in......
Morocco's airports processed over 32 million passengers in 2024, with plans to triple capacity by 2035, according to Transport and Logistics Minister Abdessamad Kayouh's report to the House of Representatives. The nation aims to expand its airport traffic significantly, targeting 60 million......
Morocco's ambitious transportation infrastructure plan will inject MAD 96 billion ($9 billion) into railway upgrades by 2030, Transport and Logistics Minister Abdessamad Kayouh announced in Rabat. The comprehensive initiative aims to dramatically expand the nation's rail connectivity while modernizing......
