UK-based Azuri Technologies said it has raised $26 million to expand its individual solar kit business to cater to African households. According to the company, Marubeni Corporation – a well-known Japanese conglomerate, which invests in renewable energy projects across Africa – contributed a significant amount of investment. IP group, a British technology-focused investment fund, and […]
China has agreed to provide Morocco an economic and technical assistance worth over $14.5 million destined to finance public projects to be decided by the two partner countries. An agreement was signed in this regard Tuesday in Rabat by Moroccan minister of economy and finance Mohamed Benchaaboun and Chinese ambassador in Rabat LI L. Speaking […]
Morocco’s budget deficit widened to 22.9 billion dirhams ($2.3 billion) at the end of May 2025, up from 11.2 billion dirhams a year earlier, the treasury said. The deficit was however offset by a positive balance of 14.1 billion dirhams from special treasury accounts and autonomously managed state services. Total ordinary revenues rose 19.6% year-on-year […]
