South Africa mining

Morocco’s farming sector to the test of drought

Six consecutive years of drought left Morocco’s agricultural dams at a critical filling rate, prompting a halt of irrigation in key farming areas. This year’s cereals harvest is expected to drop 43% to 3.12 million tons only, due to a lack of rainfall that induced a reduction in the cultivated area. Rainfall was down 34% […]

EBRD supports Morocco’s packaging industry with €15 Mln funding

The European Bank for Reconstruction and Development (EBRD) is supporting Morocco’s packaging industry with a €15 million loan provided to Multisac SA, local manufacturer of woven polypropylene bags in Morocco. The announcement of the funding coincides with the visit of EBRD chief Renaud Bassu is paying to Morocco. The €15 million loan will support the […]

Morocco, North Africa’s Leading Innovative Economy- Global Innovation Index 2017

The Global Innovation Index 2017 ranked Morocco as the first innovative economy in North Africa and the third on the continental level preceded only by South Africa and Mauritius. The index, co-edited by Cornell SC Johnson College of Business, in partnership with INSEAD and the World Intellectual Property Organization (WIPO), showed that Morocco continues to […]