Keywords: Investment
With a resolute commitment to fostering economic growth and investment opportunities across Africa, Attijariwafa Bank is set to host the 2024 edition of the International Africa Development Forum (FIAD24) in Casablanca on June 27th and 28th, under the theme "Here, we invest." Expected to draw......
In a strategic move aimed at cementing its status as a global powerhouse in the electric vehicle (EV) market, Hyundai Motor Company has unveiled an ambitious $50 billion investment plan for its operations in South Korea. The Korean automotive giant, which encompasses the Kia brand, seeks to ascend into......
In a testament to the UAE's burgeoning global investment influence, Morocco, in North Africa, has emerged as a significant beneficiary, attracting a remarkable $30 billion in investments from the Gulf state. This revelation comes from Jamal Saif Al Jarwan, the esteemed Secretary-General of the UAE......
In a resounding call to action, China's Ambassador to Morocco, Li Changlin, has urged Chinese companies to expand their investments in the North African nation, particularly in the burgeoning sectors of renewable energy and automotive manufacturing. Addressing a roundtable organized by the Institute......
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......
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......
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......
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 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......
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