Category: Business

French AFD contributes €134.7 million to Morocco’s education system reform

March 18, 2024

The French Development Agency (AFD) will contribute €134.7 million to the public policy budget and the support program of the 2022-2026 roadmap for the reform ... Read More

Energy: Chariot to sell one of its subsidiaries to focus on gas assets in Morocco

March 18, 2024

UK Company Chariot has decided to conduct a strategic review of its “Transitional Power” division which is present in South Africa, providing sustainable power and ... Read More

Morocco offers earthquake reconstruction aid to 51,300 households

March 18, 2024

Morocco has offered 1 billion dirhams so far in reconstruction aid to 51,300 households hose houses were totally or partially destroyed in the September 7 ... Read More

Morocco’s legal cannabis harvest at 294 tons in 2023

March 18, 2024

Morocco reported a legal harvest of 294 tons of cannabis, the first since the country allowed the cultivation of the plant for medical and industrial ... Read More

Rabat to host Africa Investment Forum in December

March 17, 2024

The Africa investment forum, which mobilized so far investments totaling 180 billion dollars, will hold its flagship event in Rabat on December 4-6, the African ... Read More

AfDB lends Morocco €100 Mln for infrastructure projects in rural zones

March 16, 2024

The African Development Bank has lent €100 Million to Morocco’s Communal Equipment Fund to support sustainable infrastructure projects aimed at reducing territorial and social disparities ... Read More

US looks to Africa to secure energy transition metals

March 16, 2024

Amid growing global competition for strategic minerals, the US is relying on Africa to reduce the dominance of China over resources used for electric batteries, ... Read More

Morocco’s BCP Bank posts 10.6% net banking income increase

March 16, 2024

Morocco’s second biggest lender, BCP, said its net banking income rose 10.6% to 22.8 billion dirhams in 2023. This performance is attributed to the strengthening ... Read More

Spain to hire 26,000 Moroccan truck drivers

March 14, 2024

Amid a shortage of truck and bus drivers across Europe, Spain is looking to Morocco to hire 26,000 drivers who will be allowed to use ... Read More

Ethiopia, India edge closer to defense pact

March 14, 2024

India and Ethiopia are in the final stages of finalizing a defense cooperation pact, Ethiopia’s ambassador to New Delhi said. Under the agreement, to be ... Read More