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AfDB approves €205 mln-loan for Morocco’s rail expansion
The African Development Bank (AfDB) has approved €205 million ($234 million) in financing for Morocco to help extend the country’s high-speed rail network and upgrade infrastructure along one of its busiest transport corridors. The financing is aimed at increasing capacity and improving operational performance on the Kenitra-Marrakech railway corridor, a key route for passenger and […]
Morocco’s Managem expands stake to 85% in a gold project in Guinea Conakry
Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million. In 2016, Managem acquired 40% of this project in partnership with Avocet Mining before increasing this share to 70% in 2018. With this […]
Civil Aviation: Morocco & UAE strengthen technical cooperation
Morocco and the United Arab Emirates have signed lately a cooperation agreement in civil aviation, particularly in strategic planning, the integration of artificial intelligence, and sustainable development. The two countries also agreed to exchange experiences and expertise to address swiftly the major challenges of a rapidly changing global aviation industry and business. Morocco, UAE, Saudi […]



