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Economy
In a bold initiative aimed at strengthening economic ties, a delegation comprising twenty Spanish enterprises is poised to embark on a three-day journey to Morocco from June 4th to 6th. This expedition seeks to unearth opportunities for enhancing commercial and economic relations with Morocco's flourishing......
In a significant stride towards sustainable development, the OCP Group, a leading global fertilizer producer, has secured a €200 million (MAD 2.1 billion) financing agreement from KfW, Germany's esteemed development and investment bank. This substantial investment will fuel the group's unwavering......
Morocco's commitment to sustainable energy receives a significant boost as Tarik Moufaddal assumes the role of Chief Executive Officer at the Moroccan Agency for Sustainable Energy (MASEN). Moufaddal's appointment, endorsed during a ministerial council led by King Mohammed VI in Casablanca, marks......
Amidst the vibrant pulse of Marrakech, the second day of GITEX Africa 2024 saw a gathering of forward-thinking minds, united in their mission to propel Africa's burgeoning startup ecosystem to unprecedented heights. The 10X Stage, charged with anticipation, served as the arena for a symphony of insights......
As the Kingdom contends with inflation spurred by an energy crisis compounded by the Russia-Ukraine conflict, which has markedly affected raw material prices in Morocco, the steady uptick in prices has not been met with a corresponding uptrend in wages, leading to a decline in household purchasing power.......
In a turn of events that is leaving consumers' wallets lighter, a fresh surge in prices is sweeping across Morocco's fruit and vegetable markets. This latest bout of inflation is a multifaceted phenomenon, driven by a perfect storm of climatic vagaries, the lifting of import duties by Mauritania,......
In the rapidly evolving landscape of Africa's startup ecosystem, a crucial issue demands attention: the glaring underrepresentation of women entrepreneurs and the lack of investment in their ventures. As the continent's entrepreneurial spirit soars, addressing this disparity could unlock unprecedented......
For centuries, the Atlantic Ocean has presented challenges to Africans, serving as a conduit for invaders, colonizers, slave traders, and criminal enterprises that exploited its vast expanse. However, a new perspective is emerging, envisioning the Atlantic as a frontier of opportunity, a realm of boundless......
In a bid to strengthen the entrepreneurial landscape in Morocco, the Mohammed VI Polytechnic University (UM6P) and telecommunications operator Inwi have forged a cooperation agreement aimed at fostering innovative entrepreneurship and bolstering digital startups. The announcement came during the ongoing......
At the much-anticipated GITEX Africa 2024 in Marrakech, Morocco, Ghita Mezzour, Minister Delegate for Digital Transition and Administrative Reform, delivered a captivating keynote address, vividly illustrating the nation's digital renaissance. Mezzour's words resonated with Morocco's steadfast......
The African Development Bank (AfDB) is poised to inject a substantial investment of more than 850 million dirhams (equivalent to 84 million euros) into Morocco's forestry sector. The Board of Directors of the AfDB Group has approved this financing as part of a project aimed at supporting the inclusive......
Morocco has solidified its position as the undisputed leader in the European Union's tomato import market, capturing an astounding 65% share in 2023. This commanding presence has sent shockwaves through the agricultural sector, leaving many to ponder the implications of Morocco's ascendancy. As......
Al Barid Bank et Barid Cash ont conclu un partenariat stratégique avec Ria Money Transfer, l'un des leaders mondiaux des transferts d'argent transfrontaliers. Al Barid Bank vient de signer un accord stratégique avec Ria Money Transfer pour offrir, dans toutes les agences du groupe,......
