Category: Business

Renault to start production line of Kardian new model in Morocco’s Casablanca by H1 2024

October 30, 2023

Automaker Renault will launch by first half (H1) of 2024 a plant in Morocco’s city business hub of Casablanca to manufacture its newly unveiled Kardian ... Read More

Hand-in-Hand Investment Forum aims to boost funding for agrifood systems in Sahel

October 30, 2023

Governments from Africa’s Sahel have recently met with potential donors and other organizations at the Hand-in-Hand Investment Forum 2023, organized by the Food and Agriculture ... Read More

Morocco, 5th global destination in 2024 – Lonely Planet

October 30, 2023

The Australian travel guide book publisher Lonely Planet has ranked the kingdom of Morocco fifth of its top 10 destinations for the year 2024. The ... Read More

Mauritania, IFM reach $253m loan agreement to curb climate adverse effects

October 30, 2023

The International Monetary Fund (IMF) will provide Mauritania $253 million in credit facility to help the country mitigate adverse effects of climate change, saharamedias website ... Read More

French Schneider Electric mulls €30-million investment in Egypt until 2025

October 30, 2023

French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory ... Read More

Nigeria wins appeal in landmark ruling against Process & Industrial Developments

October 29, 2023

Nigeria no longer has to pay a multibillion-dollar fine over a failed gas project agreement with Process & Industrial Developments Ltd (P&ID), after a London ... Read More

2030 FIFA World Cup: Morocco, Portugal, Spain sign letter of intent

October 28, 2023

Morocco, Portugal, and Spain have signed a letter of intent regarding their joint bid to host the 2030 FIFA World Cup, this Saturday, October 28, ... Read More

U.S. Lawmakers Urge Commerce Department to Lower Tariffs on Morocco’s Phosphate Imports

October 27, 2023

Several influential U.S. Senators and members of the House of Representatives have called on the U.S. Department of Commerce to reduce duty on imports of ... Read More

Davos in the Desert: leaders warn of Israel-Hamas war threatening global economy

October 27, 2023

Leaders from the world of finance and business have convened in Saudi Arabia’s Riyadh for a three-day investment conference, issuing a warning about the many ... Read More

Who are Morocco’s main external creditors?

October 27, 2023

By 2022, Morocco's external debt stood at 423.6 billion dirhams ($41.2 bln) representing 31.8% of GDP, half of which was owed to multilateral development banks, ... Read More