OCEAN

A quarter of Morocco banks activities made in Africa- central bank governor

Moroccan banks operate in 30 African countries where they generate 23% of their revenue, Moroccan central bank governor Abdellatif Jouahri said while speaking about investments by Moroccan firms in the continent. Speaking at an event on the Atlantic initiative, launched by King Mohammed VI to bolster regional integration, Jouahri highlighted the monarch’s win-win approach in […]

COVID-19: Morocco still on the upward curve of the pandemic with 450 confirmed cases Sunday

the upward curve of the Covid-19 pandemic as it confirmed Saturday 57 new cases and by Sunday noon 48 more infected persons. With the new tallies announced by the Ministry of Health Saturday evening and Sunday noon, the total number of infected patients surges to 450, including 26 fatalities. Meanwhile, the number of people who […]

Morocco’s Aeronautics Gets $ 20 Mln Investment from US Hexcel Corp.

Hexcel Corporation has announced plans to build a 117,000-square-foot manufacturing plant in Casablanca, Morocco. The $ 20 million new facility will enhance Hexcel global engineered core capacity. This project is part of the US company’s worldwide investment to create a diversified and robust global supply chain to support aerospace customers’ growing demand for engineered core. […]