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Economy


Canadian Mining Firm Achieves Major Silver Production Milestone in Morocco with $50M Growth Plan

Montreal-based Aya Gold & Silver Inc. has marked a significant achievement by reaching commercial production at its expanded Zgounder silver mine in Morocco, while announcing plans for an additional $50 million investment in the country. The company's new processing plant, which began construction......

Morocco and Mauritania Forge Strategic Maritime Alliance to Advance Fisheries Sector

Morocco and Mauritania are strengthening their longstanding partnership in the fisheries sector through high-level talks aimed at expanding cooperation across multiple domains. The discussion, held Monday in Rabat, brought together Zakia Driouich, Secretary of State for Maritime Fisheries, and Mauritanian......

Sonasid Reports 5% Sales Growth Driven by Strategic Investments and Regional Expansion

Sonasid, Morocco’s leading steel producer, has announced a 5% rise in sales, reaching MAD 3.704 billion by the end of September 2024. This growth is attributed to a 12% increase in sales volumes over the first nine months of the year, reflecting the company's effective strategies and investments. A......

Morocco to Launch Tenders for Nigeria-Morocco Gas Pipeline in 2025

His Majesty King Mohammed VI has long praised the Nigeria-Morocco gas pipeline, emphasizing its potential to foster African development and improve the living standards of the continent’s population. Morocco is set to begin the process of launching tenders for the pipeline in 2025, marking a significant......