Auto Industry: €50 Mln earmarked for 1st Moroccan car brand for local market

“Neo” is the first Moroccan car brand to be produced for local market with a €50 million investment which will be used for the building of a factory for this project. The announcement has been made by the Minister of Industry & Trade, Ryad Mezzour. He told Saudi newspaper Asharq that the plant is expected […]

Morocco, Portugal Agree to Set up Maritime Hub

Morocco and Portugal signed on Thursday a Memorandum of Understanding to set up a maritime hub with advanced infrastructure and services to boost the two countries competitiveness. The agreement was signed in Lisbon by Morocco’s Equipment, Transport and Logistics Minister Aziz Rabbah and Portugal’s sea Minister Ana Paula Vitorina. Following the example of the successful […]

Covid-19/Digitalization: Morocco’s CGEM, IFC Pool Efforts in Favor of Moroccan Startups

Moroccan Employers’ Association (CGEM) and the International Finance Corporation (IFC), a World Bank Group institution dedicated to the private sector, are pooling efforts to support innovative Moroccan startups selected as part of the #SolidariTECH initiative. This partnership aims to deploy the solutions proposed by these startups in neighboring countries such as Algeria and Tunisia and […]