gas exploration

Morocco’s Lesieur Cristal takes control of Avril’s activity in Africa

Morocco’s Lesieur Cristal, a company that produces cooking oil and soap, took control of Avril’s activity in Africa, following a merger-acquisition, by which the Moroccan company bought Senegal’s Oleosen. In addition to Oleosen, which produces cooking oil, the Moroccan group took control of Cristal Tunisia which besides table oil also makes soap. Lesieur Cristal has […]

Morocco reaffirms royal vision to empower Africa with leadership

The Moroccan delegation reiterated on Wednesday, before the Executive Council of the African Union (AU) in Addis Ababa, the Royal vision seeking to empower Africa with leadership. Speaking at this meeting, ahead of the elections of the new AU leadership, the Minister of Foreign Affairs, Nasser Bourita, surveyed the vision spearheaded by King Mohammed VI, […]

Morocco reports 55% surge in FDIs in 2024- UNCTAD

Morocco recorded a robust 55% increase in foreign direct investment (FDI) in 2024, attracting $1.64 billion and reaffirming its growing appeal to international investors, according to the World Investment Report 2025 published by UNCTAD. The country’s diversified industrial strategy and leadership in renewable energy continue to position it as a rising economic hub in Africa. […]