Morocco’s Police seize over 4.8 tons of cannabis & 6 kg of cocaine

Moroccan security services have seized 4.85 tons of cannabis and 6 kg of cocaine in separate anti-drug operations carried out lately in various cities of the Kingdom. Over the weekend, the police of Agadir intercepted a transport vehicle at the entrance of the city of Ait Melloul carrying 2.34 tons of cannabis. They also intercepted […]

Attijariwafa Bank to Expand Operations to East Africa

Moroccan Attijariwafa Bank group, which is already present in North Africa and West Africa, is planning to set foot in East Africa through new acquisitions to be launched by the end of 2019, announced Youssef Rouissi, the bank’s deputy general manager. Speaking to Reuters on the sidelines of an investment conference in Johannesburg, Rouissi , […]

Private investment, Morocco’s way forward to bolster growth

Over the past two decades, investment in Morocco amounted to 30% of GDP annually, in an effort led by the state. This model has hit its limits as Morocco aspires to see the private sector playing a leading role in promoting investments and bolstering growth. The adoption of the investment charter last year aims to […]