King Mohammed VI launches water projects in Essaouira jan 2020

Morocco: $265 mln Injected in Solar Project in Atlas Mountains

The achievement of the solar energy project in Midelt, in the Middle Atlas mountainous range, took a leap forward with a loan from the African Development Bank (AfDB) worth $265 million. Moroccan news outlets reported that the funding will help push forward the completion of the first phase of Noor Midelt project, which will have […]

The world’s 1st off-road solar-powered car tested in Morocco

Stella Terra, the world’s first solar powered car, has been tested in Morocco. Designed by students from Eindhoven University of Technology (Netherlands), the lightweight vehicle has completed lately a 1,000 km trip from Northern Morocco to its Sahara without recharging. The test drive showed that the car can drive long distances with stopping at EV […]

Morocco’s trade deficit eases 23.1%, tourism receipts halve

Morocco’s trade deficit shrunk 23.1% as the pandemic lowered both imports and exports with tourism being the worst hit sector. Tourism revenues dropped 53.8% to 36.3 billion dirhams from 70.7 billion dirhams in 2019 when Morocco received 13 million people. Imports bill dropped 14% thanks in particular to lower energy imports and fewer equipment imports […]