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Keywords: World bank


Morocco’s Economic Outlook: Rebound on the Horizon for 2025

Morocco's economy is set for a significant rebound in 2025, according to two recent reports from the Moroccan High Commission for Planning (HCP) and the World Bank. These projections anticipate considerable growth driven by a recovery in the agricultural sector and sustained strength in non-agricultural......

Marrakech's Unique Assets Spotlighted for 2030 World Cup Hosting

In a strategic move to elevate Marrakech as a prime location for prestigious global events, Fouzi Lekjaa, President of Morocco's Football Federation (FRMF), highlighted the city's distinctive advantages for hosting high-caliber gatherings, including the 2030 World Cup. During a pivotal meeting......

Cartographic Controversy: Moroccan Newspaper's Misstep Ignites National Debate

In a startling turn of events, the Moroccan newspaper "Al Haraka," the official publication of the Popular Movement Party, found itself at the center of a national controversy after publishing a map of Morocco that omitted the country's southern provinces. The incident, which occurred in......

Moroccan Oil Refinery Saga: Kingdom Refutes Billion-Dollar Claim in International Arbitration

In a significant development in the ongoing saga of Morocco's sole oil refinery, the North African kingdom has decisively rejected a substantial $2.7 billion compensation claim brought forth by Saudi entrepreneur Mohammed Al Amoudi. This rejection comes on the heels of a concluded arbitration procedure......

Morocco's Public Sector Set for Transformation with World Bank's $600 Million Boost

In a significant move to enhance public services and modernize governance, Morocco has secured a $600 million loan from the World Bank. This substantial financial injection, divided into two distinct programs, aims to revolutionize the country's public sector and state-owned enterprises (SOEs). The......

World Bank Unlocks $600 Million to Bolster Moroccan Public Sector Performance

The World Bank has approved a substantial $600 million financing package aimed at strengthening public sector performance, enhancing inclusivity, and improving the quality of public services in Morocco. This strategic decision underscores the bank's commitment to supporting the North African nation's......

Reviving the Maghreb Dream: Pathways to Regional Integration

The Maghreb region, encompassing North African countries, has long been touted as a potential powerhouse. Yet, its aspirations for unity and economic prosperity have been hindered by deep-rooted rivalries and ideological rifts. According to data from the World Bank and the African Development Bank (ADB),......

Guelmim-Oued Noun: A Masterplan for Water and Soil Conservation on the Horizon

Amid escalating water stress, the Moroccan government is ramping up efforts to fortify the resilience of its territories. Spearheaded by the Ministry of Agriculture, the development of a Regional Masterplan for Water and Soil Conservation and Rainwater Harvesting in the Guelmim-Oued Noun region signifies......

Fostering Entrepreneurial Excellence: Sweden Hosts Moroccan Innovation Summit

In a landmark event aimed at promoting entrepreneurship and fostering innovation, the Swedish Dialogue Institute for the Middle East and North Africa, in collaboration with the Embassy of Sweden in Rabat and the Swedish Institute (SI), is set to host a prestigious two-day workshop in the Moroccan capital.......

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