Economy
Construction has begun on a major solar energy initiative in Morocco involving four photovoltaic power plants under the Noor Atlas program, marking a new phase in the country’s renewable energy expansion. Eiffage, through its energy systems subsidiary, is responsible for the design, supply, construction,......
Mohamed Ezzahaoui has been appointed director general of Morocco’s Customs and Indirect Taxes Administration, while Abdellatif Amrani has been confirmed as Treasurer General of the Kingdom following a government council decision. The appointments were formalized under constitutional procedures......
The African Development Bank (AfDB) and the OCP Group have signed a €450 million partial credit guarantee agreement aimed at supporting the company’s large-scale investment program in Morocco. The agreement, signed in Rabat, is designed to facilitate a €530 million green financing package......
A new call for applications has been launched for the second season of a pan-african television competition dedicated to entrepreneurship. The initiative builds on the success of its first edition, which reached audiences across multiple regions and positioned itself as a platform for emerging business......
Head of Government Aziz Akhannouch opened the national forum on investment and Moroccans living abroad, held under the high patronage of His Majesty King Mohammed VI. The forum focused on a national strategy to transform diaspora remittances into productive investment that supports growth and job creation. The......
Inflation in Morocco increased to 1.7% in April, up from 0.9% in the previous month, according to data released by the national statistics authority. The rise in prices was mainly driven by higher food and transport costs, which continue to have a strong impact on household spending. Food prices, a......
Wafasalaf, one of Morocco's leading consumer finance companies, marked four decades of operations with a formal institutional evening that brought together shareholders, partners, institutional representatives, employees, and ecosystem stakeholders. The event, themed "40 years of history, between......
AJP has inaugurated the expansion of its industrial facility in Meknes. The event brought together government officials, regional authorities, and private sector partners. The company positions this project within a broader investment plan aimed at scaling production capacity and strengthening its agro-industrial......
Tangier hosted the opening of the first national maritime conference on Thursday, bringing together senior officials, international representatives and sector stakeholders to define a new direction for Morocco’s maritime policy. The event took place under the supervision of the ministry of transport......
The United States Congress has moved forward with a legislative proposal aimed at removing countervailing duties on imported phosphate fertilizers from Morocco. Identical versions of the bill were introduced in both the Senate and the House of Representatives, signaling coordinated political momentum......
Morocco has raised €2.25 billion through an international bond issuance, reinforcing its access to global capital markets as the country continues to finance large-scale infrastructure and development programs. The operation was split into two tranches with maturities set for 2034 and 2038, reflecting......
Aya Gold & Silver has outlined a $500 million investment plan in Morocco through 2030, marking a major expansion of its mining operations in the country. The Canadian company aims to increase silver production while preparing to enter gold extraction for the first time, reinforcing its long-term......
Morocco and Indonesia have formalized a bilateral agreement to mutually recognize halal certification systems, a move designed to ease trade flows and expand access for Moroccan exporters to one of the world’s largest halal consumer markets. The agreement focuses on aligning certification standards......
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