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Morocco: Trafficking attempt of over €66K foiled in Tanger Med port
Customs officials at the Tanger Med Port have foiled, Monday, a trafficking attempt of over 66,000 Euros, without prior declaration to the relevant financial institutions. “Customs officials at the Tanger Med Port seized 66,350 euros and three bank checks, worth a total of 300,000 Dirhams, in possession of a Moroccan expatriate on a vehicle registered […]
EV Batteries: China’s Hailiang to build $288 Mln Copper Plant in Morocco
Chinese company Zhejiang Hailiang has announced plans to invest $288 million in a Moroccan facility to produce copper foil for lithium batteries to power electric vehicles. According to press reports, citing the Company’s filing to the Shenzhen Stock Exchange, the new Moroccan base will enable the Chinese producer of copper tubes and rods to meet […]
World Bank lends Morocco $70 Mln for social protection system
The World Bank has approved $70 million loan for Morocco to enable country continue implementing ambitious social protection reforms seeking to facilitate access to social services in particular for vulnerable households. Building on the achievements of the first project, which saw a successful design and implementation of the National Population Registry, Unified Social Registry, and […]



