Economy



Mauritania seeks to benefit from Morocco’s vocational training expertise

Mauritania is turning to Morocco for its expertise in vocational training to accelerate its development of job-oriented programs. This collaboration comes as part of broader efforts to build strong economic ties between the two North African nations. During the Mauritanian-Moroccan Parliamentary Economic......

Spain’s port official commends Morocco’s advanced port infrastructure

Santiago J. Castella Surribas, president of the Port of Tarragona in Spain, recently lauded Morocco’s impressive progress in port infrastructure, recognizing the country’s significant advancements in the sector over the past 25 years. According to Castella, Morocco has successfully modernized......

France backs green agriculture push in Morocco with €350M AFD-OCP deal

The French Development Agency and Morocco’s OCP Group deepen ties with a €350 million loan to advance decarbonization, green hydrogen, and sustainable farming in Morocco’s southern provinces. France’s AFD expands strategic partnership with Morocco’s OCP Group The French......

US Beef Exports to Morocco Soar in Early 2025

During the first quarter of 2025, exports of US beef to Morocco experienced a remarkable 123% surge, driven by rising demand in emerging markets, according to data from the US Department of Agriculture (USDA) and compiled by the US Meat Export Federation (USMEF). March figures showed robust growth in......

EBRD invests $25 million in Dislog Group to bolster Moroccan economy

The European Bank for Reconstruction and Development (EBRD) has announced a significant $25 million equity investment aimed at supporting Dislog Group in Morocco. This strategic financing initiative seeks to fortify the company’s capital structure while advancing its mergers and acquisitions strategy,......

Cosumar aims to double Morocco’s sugar production by 2026

Cosumar Group has unveiled an ambitious initiative to double Morocco’s domestic sugar production to 600,000 tons by 2026. This target marks a significant increase from the 330,000 tons anticipated during the 2024/2025 agricultural campaign. Preparations for the forthcoming 2025/2026 season are......

BRICS Bank shows interest in Morocco's membership, seeks expansion

The New Development Bank (NDB) of the BRICS coalition is expressing a keen interest in welcoming Morocco as a new member. This information was disclosed by the bank's Chief Operating Officer, Anand Kumar Srivastava, during a recent conference in Rabat focused on government procurement aligned with......

Morocco and Japan strengthen fisheries collaboration for sustainable growth

Morocco’s Secretary of State in charge of Maritime Fisheries, Zakia Driouich, convened with Japan’s Ambassador to Morocco, Nakata Masahiro, on Tuesday in Rabat to deliberate on enhancing bilateral cooperation within the fisheries sector. This meeting underscored a mutual commitment to deepen......

Morocco aims for stronger Arab representation in ICAO Council

In a significant move for regional aviation, the Arab Civil Aviation Organization (ACAO) has officially endorsed Morocco, among other Arab nations, as candidates for the International Civil Aviation Organization (ICAO) Council. This decision, made during an extraordinary general assembly in Rabat, also......

Morocco enhances trade relations with the UK during London summit

The British government has reaffirmed its commitment to strengthening ties with Morocco during the recent Morocco Capital Markets Days conference held in London’s financial district. Ben Coleman, the UK’s Trade Envoy to Morocco and West Africa, representing Prime Minister Keir Starmer, characterized......

Morocco and Russia strengthen halal trade ties through new agreements

Morocco and Russia are forging stronger connections in the halal industry via new certification agreements, signaling a significant step in their bilateral trade relations. Tatarstan’s Committee for Halal Standards, part of the Spiritual Administration of Muslims, is seeking accreditation in Morocco......

Fortescue's ambitious clean power plans in Morocco

A new report suggests that Fortescue, the UK-based firm led by Andrew Forrest, is pursuing a transformative power link project aimed at connecting Europe and North Africa. This initiative, detailed by the Telegraph, could see Morocco emerge as a crucial hub for the transmission of clean energy. The......

Spain invests €340 million in Casablanca desalination project

Spain has committed €340 million (approximately MAD 3.65 billion) to construct Africa’s largest desalination plant in Casablanca, a significant move aimed at addressing the region's water scarcity challenges. This financial agreement was formalized during a ceremony attended by Spain’s......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.