Public Sector’s Payroll Takes 49% of Morocco’s Revenues

The Payroll in the public sector absorbs 49% of state revenues, a percentage that shows the burden placed on the state budget because of an inefficient employment policy, says a study conducted by L’Economiste daily newspaper. The public sector’s payroll is in dire need of restructuring to mitigate its impact on the state budget after […]

Morocco a country of potential for French Businesses – Les Echos

Morocco is “more than ever a country with potential” for French Small and Medium-sized enterprises, highlights the French economic and financial daily Les Echos. “Amid the rapid acceleration of its major infrastructure and energy transition projects, Morocco is attracting foreign companies, especially French ones,” the newspaper notes, adding that, beyond local initiatives, the Kingdom is […]

Côte d’Ivoire: Nexans Morocco to Set up Plant Near Abidjan

Morocco’s leading company in wiring systems and electrical equipment, Nexans Morocco, will invest around €12 million to set up a wire producing plant near Abidjan, Côte d’Ivoire. The plant to cover 30,000 square meters will be operational by 2018. The factory will produce electric wires to be used in residential constructions and office buildings, as […]