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FC Injects $50 Million in Moroccan Home Builder Group
The International Finance Corporation, a member of the World Bank Group, announced it is investing $50 million in Alliances Group, a leading Moroccan home builder, “to increase the supply of quality affordable housing, create jobs, and spark broader economic development.” The investment consists in the purchase of 3% of the Moroccan group’s shares for $25 […]
Chinese Investors Interested in Business Opportunities in Sahara
Chinese investors showed interests in the huge business opportunities offered in Morocco’s Sahara provinces and particularly in the region of Laayoune-Sakia El Hamra. It seems that the Chinese are looking for their share of the pie as several foreign investors are already operating in the Moroccan Sahara region, which is emerging as a gateway for […]
Morocco to build 270 MW wind farm near Essaouira
Morocco has given a go-ahead to a 270 MW wind farm in Jbel lahdid near Essaouira for a total cost of 2.8 billion dirhams ($314 million) as part of its plan to promote green energy. To that end a deal was signed between Moroccan energy company Nareva Holding and Italian renewable energy corporation Enel Green […]



