Mediterranean fruit fly

Morocco: Fuel price caps opposes government to competition council

On the same day the competition council issued a scathing report criticizing the government’s plan to set caps on fuel prices, governance minister responded by discarding the report as political. The council said capping fuel prices would not be beneficial to the Moroccan economy and citizen’s purchasing power. The council also called for more structural […]

Abundant rainfall augurs well for 2023 crop year

The recent rainfall across Morocco has dissipated fears of another dry year auguring well for the crop year and filling dams. Farmers in different regions in Morocco bore the brunt of consecutive years of drought that slashed crops, emptied dams and depleted ground water. With the latest rainfall, the average dam filling rate returned to […]

IFC injects $37 Mln in Morocco’s BLS Logistics Company

The International Finance Corporation has announced a $37 million investment in Morocco’s logistics service provider BLS to support the company’s growth strategy and strengthen Morocco’s position as a regional logistics and trade hub. The IFC funding will help BLS finance its expansion plans, which include creating an estimated 500 new jobs by 2030 through the […]