Keywords: Investment
A significant milestone in Morocco's logistics infrastructure development was reached as the Agadir Atlantic Hub dry port project secured a $140 million investment. The groundbreaking protocol agreement was signed on January 20 in a ceremony overseen by Morocco's Head of Government, Aziz Akhannouch. Located......
Private Moroccan healthcare provider Oncorad Group has unveiled plans to invest MAD 3.5 billion in constructing 30 new hospitals across the country by 2028. The ambitious initiative, announced by CEO Redouane Semlali, aims to address the growing demand for medical services and strengthen the nation’s......
Moroccan banks are poised for robust growth in the coming years, driven by favorable economic conditions, significant investments, and ongoing reforms, according to a recent report by Fitch Ratings. The financial sector is expected to maintain strong profitability through 2025 and 2026, as large infrastructure......
Unilever has inaugurated its new offices at Casablanca Finance City (CFC), marking a significant expansion of its presence in Morocco. This strategic move builds upon the company's century-long history in the country and demonstrates its ongoing commitment to the North African market. The establishment......
Morocco's commitment to public investment has shown remarkable growth, with allocations rising from MAD 52.3 billion ($5.1 billion) in 2015 to MAD 119.2 billion ($11.6 billion) in 2023, according to Zineb El Adaoui, First President of the Court of Accounts. In her presentation to parliament's......
Despite investing nearly 3 billion Moroccan dirhams (MAD) in literacy programs, Morocco continues to face significant challenges in reducing illiteracy rates, with 27.9% of the population over 15 still unable to read or write, according to recent government findings. During a parliamentary session on......
Morocco's domestic demand demonstrated remarkable strength in the fourth quarter of 2024, posting a 5.4% increase and emerging as a key driver of the nation's economic expansion, according to Morocco's High Commission for Planning (HCP). This robust domestic performance contributed significantly......
A recent analysis by the US National Intelligence Council highlights Morocco as one of the nations expected to experience significant economic growth in the coming years, joining the ranks of emerging "economic tigers." This term refers to countries that are poised for rapid economic transformation,......
Morocco is taking significant steps to strengthen its aquaculture industry with a substantial new investment package. The National Agency for Aquaculture Development (ANDA) has announced the approval of 300 million Moroccan dirhams ($30 million) split between two funding programs aimed at developing......
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