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Keywords: Investment


Morocco's ONHYM Takes Spotlight as Bronze Sponsor for Invest in African Energy Forum

Morocco is emerging as a key player in the global energy landscape, spotlighting its onshore and offshore sedimentary basins as prime territories for exploration. The National Office of Hydrocarbons and Mines (ONHYM) is set to shine at this year's Invest in African Energy (IAE) forum, securing a......

Crédit du Maroc Forges New Path, Prioritizing Middle Class and SMEs

In a strategic reorientation, Crédit du Maroc has announced its shift towards focusing on the burgeoning middle class, wage earners, and the small and medium-sized enterprise (SME) sector. This significant move deviates from the bank's traditional emphasis on large corporations, signaling......

Morocco Unveils Comprehensive Water Management Strategy to Combat Escalating Scarcity Crisis

In response to growing concerns regarding water scarcity, the Moroccan government has revealed a comprehensive strategy aimed at addressing the nation's escalating water crisis. Speaking on Thursday, spokesperson Mustapha Baitas assured citizens of the government's unwavering commitment to implementing......

Morocco Witnesses Surge in Foreign Investment, Reaching Highest Levels in Half a Decade

Contrary to earlier forecasts of a tough year for foreign direct investment, Morocco has encountered an unexpected upswing in inflows at the outset of 2024. According to data released by the Office d'Echange (OE), the net influx of foreign capital surged by a remarkable 25% year-on-year in January,......

Morocco's Prudent Public Spending Spurs Continued Investment Growth

Morocco has sustained positive momentum in public investments despite facing economic headwinds, as per government data. Mustapha Baitas, the government spokesperson and delegate-minister for parliamentary relations, highlighted an 83% execution rate for public projects during a recent press briefing. Baitas......

Elevating the UK-Morocco Partnership: Seizing Opportunities for Mutual Growth

The longstanding partnership between the UK and Morocco is ripe for rejuvenation, as emphasized in a recent report by the Institute for Free Trade. With Brexit heralding a new era of bilateral relations, the think tank urges Britain to embrace the opportunities presented by Morocco's vibrant private......

Enhancing Morocco's Water Sector with a €400 Million Investment

Morocco, facing its most severe drought in decades, is set to receive a substantial financial boost from the European Bank for Reconstruction and Development (EBRD). This article discusses the implications of the EBRD's €400 million investment in upgrading Morocco's water infrastructure......

Bitcoin Surges Beyond $45,000 in Crypto Resurgence

Bitcoin has surged past the $45,000 mark for the first time since January 12th, buoyed by renewed confidence in the cryptocurrency market. This recent rally comes amidst a growing lack of trust in regional American banks following last year's banking crisis. Investors disillusioned with traditional......

EIB Invests €115 Million in Advancing Sustainable Technology Parks in Morocco

This significant initiative aligns with the Moroccan government’s new economic model and industrial acceleration strategy aimed at positioning Morocco as a leader in sustainable development. MEDZ, the wholly-owned regional development subsidiary of Morocco’s CDG Group, is set to receive €115......

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