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Moroccan Firm Builds Morocco’s First Data Center

Moroccan firm, MEDASYS, built Morocco’s first Data Center with the aim of offering an information hub conducive to fostering the country’s cyber security. The 100% Moroccan project is part of MEDASYS strategy to develop data centers in Morocco and Africa. The Center spans over a surface area of 2,000 square meters in Temara, 8 Km […]

Morocco’s trade deficit eases by 18.2% in July

Morocco’s trade deficit in the first seven months this year eased by 18.2% as foreign demand on Moroccan industrial exports curbs imports, the foreign exchange office said. The office also cited a significant drop in energy imports triggered by lower prices in international markets. By July, Morocco’s energy imports slid 31, while equipment purchases dropped […]

AFESD Finances Dam & Road Projects in Morocco

The Arab Fund for Economic and Social Development (AFESD) has extended Morocco two loans totaling 72 million Kuwaiti dinars (about 2.27 bln MAD) to help finance two projects. The loans will finance the rehabilitation of the Mohammed V dam in eastern Morocco, and the construction of the Laayoune expressway bypass in the South. The first […]