Keywords: Investment
The Moroccan government, under the leadership of Infrastructure Minister Nizar Baraka, has pledged a significant investment of 20 billion dirhams to revamp the nation's road infrastructure through comprehensive regional development programs. This substantial commitment is designed to elevate connectivity......
The autonomous water and electricity distribution company of Marrakesh, RADEEMA, has unveiled ambitious plans to invest nearly $3 billion over the next five years in fortifying the city's water and power systems. This extensive infrastructure project is geared towards ensuring a reliable supply of......
In a recent conference held in Fez, the pivotal role of mediation in dispute resolution and business facilitation within Morocco took center stage. The event shed light on how institutional mediation, spearheaded by Morocco's Ombudsman, serves as a catalyst for increased investment by fostering enhanced......
Morocco embarked on an ambitious journey to reform its state-owned enterprises (SOEs) in 2018, aiming to streamline the public portfolio and enhance fiscal sustainability. However, the country faces persistent challenges, as revealed by the annual report from the Audit Court. The progress of the public-private......
The African Development Bank (AfDB) has allocated €246 million to fund the construction of the strategic Guercif-Nador highway in Morocco. This initiative is poised to revolutionize transportation infrastructure and catalyze economic growth. The funding package comprises €200 million from......
For millennia, gold has entranced humanity, captivating ancient Egyptian pharaohs and modern central bankers alike. This precious metal has consistently proven itself as a reliable store of value, particularly during times of crisis when paper currencies falter. In the face of global economic uncertainty,......
Moroccan phosphates giant, OCP S.A., has successfully concluded a 5 billion Moroccan dirham (DH) perpetual subordinated bond offering through a public announcement, as stated by the company. The bond offering, structured into two tranches featuring distinct interest rates and review periods, garnered......
Irish low-cost carrier Ryanair has revealed ambitious expansion plans for Morocco, solidifying its commitment to the country by offering more than 1,100 weekly flights across 175 routes this summer, including the addition of 35 new routes. As part of a substantial $1.4 billion investment, Ryanair is......
Société Générale Maroc adds new accolades to its list of achievements, as the Group is honored four times by the internationally renowned platform, "EMEA Finance Magazine," at the 2023 African Banking Awards. The bank secures the titles of "Best Foreign Bank"......
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