Economy
OCP Group has officially announced a groundbreaking €365 million financing agreement with Italy’s export credit agency, SACE. This notable arrangement marks the first of its kind under OCP’s Green Finance Framework and represents a pioneering collaboration guaranteed by SACE’s......
Samta Metals & Alloys inaugurated a major industrial facility in the Atlantic Free Zone of Kenitra, investing around $70 million (approximately 700 million dirhams). The metal processing complex covers more than 36,000 square meters and will focus on recycling non-ferrous scrap metals to manufacture......
The European Investment Bank (EIB) has signed a €70 million financing contract with Morocco’s National Office of Electricity and Drinking Water (ONEE). This significant investment aims to bolster drinking water infrastructure across the nation, particularly benefiting small and medium-sized......
A delegation of economic and institutional representatives from Catalonia, located in northeastern Spain, will undertake a mission to Morocco from May 27 to 29 to strengthen commercial and economic ties with the Kingdom. Organized by the Confederation of Employers of Catalonia (FDT) in collaboration......
The signing of the partnership French retail group Casino and Moroccan multi-sector company H&S Invest Holding announced on Monday a new partnership to bring Casino’s brands to Morocco. The first stores are expected to open in 2026. The two companies stated that the goal is to open more than......
Morocco has made a compelling case for enhanced collective action in support of global animal health during the 92nd General Assembly of the World Organisation for Animal Health (OIE), held from May 25 to 29 at the Maison de la Chimie in Paris. Speaking at this significant assembly, Ahmed El Bouari,......
Morocco has secured a spot in the top 10 African startup ecosystems, according to the latest Global Startup Ecosystem Index 2025 from American consulting firm StartupBlink. The ranking shows progress for the North African country, but also reveals barriers that still limit growth. Morocco recorded the......
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’s Minister of Agriculture, Ahmed Bouari, recently unveiled a comprehensive national program designed to rejuvenate the country's livestock sector, which has suffered from ongoing drought and climate variability. This initiative represents a significant governmental effort to support......
Morocco’s National Office of Electricity and Drinking Water (ONEE) has announced a significant €300 million financing package aimed at modernizing and extending the national electricity transport network. This funding, provided by the European Investment Bank (EIB), the German Development......
Morocco and the African Development Bank are strengthening their strategic collaboration to accelerate key development initiatives through an ambitious portfolio review of €2.9 billion in structural investments. This review aims to optimize the effectiveness of 32 ongoing projects while ensuring......
The Moroccan Government Council recently reviewed two pivotal cooperation agreements signed with Saudi Arabia, signifying a significant advancement in judicial collaboration between the two nations. Signed on November 13, 2024, in Riyadh, these agreements were presented by Morocco’s Minister of......
Morocco has unveiled a bold plan to more than double its power generation capacity by 2030, aligning energy goals with its upcoming role as co-host of the FIFA World Cup. The move signals a strategic pivot toward renewables as the country targets energy independence and sustainability. Energy Transition......
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