X

Keywords:


China and Morocco Deepen Electric Vehicle Battery Partnership

Chinese companies are increasingly investing in Morocco's burgeoning electric vehicle (EV) industry, drawn by the country's strategic location and opportunities tied to U.S. subsidies. A recent article by the South China Morning Post highlighted the growing collaboration, marking a pivotal moment......

Morocco’s Aerospace Exports Soar to $2.16 Billion in 2024, Fueling Economic Growth

Morocco's aerospace sector has seen significant growth in 2024, with exports reaching MAD 21.86 billion ($2.16 billion), marking an impressive 17.3% increase compared to the previous year. This rise reflects a robust performance, particularly in the assembly segment, which alone grew by 26.9%, bringing......

Romanian Firm Opens New Auto Parts Factory in Morocco

MP Industry Group, a Romanian automotive supplier, officially inaugurated its first factory in Morocco on Friday, marking a significant milestone in the country's automotive sector. Situated within Tanger Automotive City (TAC), the new facility is a testament to Morocco's growing appeal as a......

SOMACA Begins Production of Renault Kardian for Domestic and Export Markets

SOMACA's historic factory in Casablanca marked the commencement of Renault Kardian production on Friday, in the presence of Minister of Industry and Commerce, Ryad Mezzour. This new compact SUV, aimed at both the local market and export to around fifteen countries, will be available in Morocco from......

Safran Expands Operations in Morocco with New Maintenance Facility at MidParc

MEDZ, a subsidiary of the CDG Group focused on territorial development, has announced a significant partnership with Safran, a leading player in the aerospace and defense sectors. On October 31, 2024, an agreement was signed for the acquisition of land within the MidParc Industrial Acceleration Zone,......

South Africa Blocks Morocco's BRICS Aspirations at Kazan Summit

The ongoing BRICS summit in Kazan, Russia has brought to light significant diplomatic tensions as South Africa firmly opposes Morocco's potential inclusion in the expanding economic bloc. The three-day gathering, which commenced on October 22, 2024, has placed the controversial topic of membership......

AmCham Gala Celebrates 20 Years of Morocco-U.S. Partnership

The annual AmCham Gala 2024 held in Casablanca highlighted the strategic partnership between Morocco and the United States. This year’s event celebrated the 20th anniversary of the Free Trade Agreement (FTA) between the two nations, showcasing their mutual commitment to enhancing economic relations. Minister......

Climate Day 2024: A Collaborative Effort Towards Sustainable Electrification in Africa

The historic Chellah site in Rabat served as the backdrop for the successful conclusion of the 4th edition of Climate Day, an event that has become pivotal in the global dialogue on climate change. This year, over 450 participants from diverse sectors including public officials, private enterprises,......

Morocco: A Strategic Investment Destination Fueled by Free Trade Agreements with the U.S. and Europe

The United States Ambassador to Morocco, Bonnet Talwar, has highlighted the significance of Morocco's free trade agreements with Europe and the United States, positioning the country as a vital bridge between continents and an attractive destination for foreign investment. During a statement made......