Keywords: Morocco
In a significant move to bolster maritime security cooperation, the Spanish Civil Guard (GCE) and the Moroccan Royal Gendarmerie (GRM) have initiated joint patrols around Las Palmas in the Canary Islands. This initiative aims to combat criminal networks facilitating irregular migration from Morocco to......
Morocco has successfully executed an international bond issuance totaling €2 billion, marking its first such move since 2020. Sources close to the Ministry of Finance indicate that officials were still on site as initial details of the operation began to surface. To lead this issuance, Morocco......
Falcon Energy Materials, a Canadian company, has successfully completed a non-brokered private placement, raising CAD 6.52 million (approximately MAD 47.6 million). Initially, the placement was intended to issue 10 million units, but it resulted in the issuance of 10,874,832 units priced at CAD 0.60......
Morocco's economy is set to grow by 3.6% in 2025, an increase from 3.2% in 2024, according to the World Bank's latest economic report titled "Prioritizing reforms to boost the business environment." This optimistic projection comes despite the adverse impact of droughts on agricultural......
Italian asset management firm Azimut Holding has made a significant move into the Moroccan market by acquiring minority stakes in two subsidiaries of Red Med Capital, a prominent independent investment bank in Morocco. This strategic investment marks Azimut's inaugural foray into the Moroccan financial......
Morocco, as the sole representative from North Africa, participated in a ministerial roundtable held in London focusing on water security and climate challenges. This event served as an opportunity to present the Kingdom’s strategic directions regarding natural resource management and energy transition,......
Morocco has successfully raised €2 billion ($2.2 billion) in euro-denominated bonds, marking its first eurobond sale in five years. This significant financial move attracted bids totaling over €6.75 billion, surpassing initial expectations by €500 million. The funds will primarily support......
OCP Nutricrops, a subsidiary of the OCP Group and a prominent player in phosphate-based fertilizers, has unveiled a significant investment plan aimed at increasing its fertilizer production capacity by 9 million tons by 2028. This ambitious project involves the establishment of two new mining and industrial......
The Confederation of African Football (CAF) has officially revealed the logo for the U-17 Africa Cup of Nations "Morocco 2025," set to take place from March 30 to April 19. The tournament will feature 16 teams from across the continent competing for the title. According to CAF’s official......
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