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GITEX Africa: IFC ramps up investment in Morocco with $1.1 Bln for 2025
The International Finance Corporation (IFC) will be investing more than $1.1 billion in Morocco this year, compared to $600 million in 2024 and less than $400 million in 2023,” said David Tinel, the institution’s Regional Representative for the Maghreb. In an interview with MAP, on the sidelines of GITEX Africa Morocco 2025, Tinel expressing great […]
Novares Opens Plant in Morocco, Its 1st in North Africa
Novares, a global plastic solutions provider, has opened its first production plant in North Africa, in the Moroccan city of Kenitra. The plant will supply the newly-opened PSA facility in Kenitra and Renault plant in Tangier. This new 10700 m² facility, equipped with a painting zone with a clean room and a clear coat application […]
Moroccan-Portuguese Undersea Electricity Link to Cost €700 mln
The first results of the feasibility study on the undersea power grid linking Morocco and Portugal are so far promising. The inter-continental electricity link, expected to be operational by 2020, can be achieved for a total cost of €700 million. The results of the study will be fully unveiled in two or three months, said […]



