King Mohammed VI of Morocco

General Electric to build wind farm extension in Morocco

GE Renewable Energy has been picked up to supply 40 onshore wind turbines for the 200 MW Aftissat onshore wind farm extension in southern Morocco. The project is expected to be operational in 2023 and aims to support industrial companies under power purchase agreements, in line with Morocco’s goal to install 52 pc of renewable […]

Morocco to Launch Gradual Dirham Liberalization in June

Morocco’s Central Bank, Bank Al Maghrib, said it will launch the gradual float of the Dirham as of June in collaboration with the IMF to reach a flexible exchange rate system. In a statement to Reuters, Governor of Bank Al Maghrib, Abdellatif Jouahri, said that the first stage of Dirham liberalization will start in June, […]

Morocco, Zambia Seal 19 Accords, Signaling New Era in Relationship

Morocco and Zambia on Monday gave a strong signal that their relationship has entered a new era as King Mohammed VI and President Edgar Chagwa Lungu co-chaired over the signing ceremony of 19 agreements, including 11 between the two countries’ private sectors. Before the ceremony, King Mohammed VI, the first Moroccan Monarch to pay a […]