Business

Italian manufacturer Ecoprogetti has significantly expanded its photovoltaic (PV) production capabilities, doubling the capacity of its production line in Al Hoceima, Morocco, from 500 MW to 1 GW. This move establishes the facility as the largest solar module plant in both Morocco and North Africa, as......

Akdital has achieved remarkable growth, reporting revenues of 2 billion dirhams by the end of September 2024, reflecting a 52% increase in turnover. This achievement is primarily attributed to the group's strategic expansion of its national network. A key milestone in this expansion was the opening......

The recent collaboration between two major airlines marks a significant milestone in global aviation, creating new opportunities for passengers traveling between Africa and South America. This partnership establishes a code-sharing agreement that enhances connectivity, simplifies travel, and opens doors......

Martínez Otero, a renowned Spanish furniture company, is set to launch a new production facility in the province of Benslimane, Morocco. This expansion represents a significant investment, totaling €2.2 million. The move highlights the growing interest in Morocco's booming construction......

The U.S. International Development Finance Corporation (DFC) is set to establish a new office in Rabat, Morocco, in December 2024, marking a significant step in enhancing economic collaboration between the United States and Morocco. This initiative aligns with a broader strategy announced during a tripartite......

African transport and logistics sectors marked a significant milestone as LOGITERR 2024 launched in Tangier, Morocco, bringing together key stakeholders to address the continent's evolving mobility needs. The four-day international exhibition, running from October 22-25, represents a collaborative......

A delegation of 12 British companies is set to visit Morocco from October 15-17, 2024, exploring potential partnerships as the North African nation gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal. This initiative, announced by John Humphrey, the UK Trade Commissioner for Africa,......

Specialty MGA Africa & Middle East has made its first foray into North Africa with the opening of a new office in Casablanca, Morocco. This strategic move comes after receiving approval from Morocco's Minister of Finance, marking a significant step in the company's regional expansion plans. The......

In a significant development for Morocco's transportation infrastructure, Spanish engineering firm Ineco has been awarded a substantial contract to conduct feasibility studies and preliminary project designs for the urban railway service connecting Tangier and Tetouan. This contract marks a pivotal......

Les Eaux Minérales d'Oulmès, Morocco's leading producer and distributor of bottled water, has announced a groundbreaking partnership with IE University in Madrid, Spain. This collaboration aims to enhance the skills of the company's executive leadership through a tailored program......

In a shocking turn of events, the head of the Al-Khair Group, a prominent figure in Morocco's business landscape, has been detained on allegations of orchestrating a massive pyramid scheme that has left over 100 individuals financially devastated. This scandal has sent ripples of concern throughout......

In a significant initiative aimed at fostering innovation and growth, Glovo, the on-demand delivery service, has invited eight representatives from promising Moroccan startups to its headquarters in Barcelona for an immersive experience. This program, known as the Glovo Startup Lab, is supported by the......

In a strategic move that underscores its commitment to the North African hospitality market, Pickalbatros, Egypt's leading hotel and tourism group, has announced the acquisition of four prestigious hotels in Morocco. This expansion marks a significant milestone in the company's growth trajectory......