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Morocco’s King calls for a sound management of water resources amidst an acute water stress

King Mohammed VI has called on all stakeholders to urgently address water resources management at a time Morocco is experiencing a period of severe drought – the most serious in more than three decades. The King, who was accompanied by Crown Prince Moulay El Hassan, made the remarks in a speech before the two chambers […]

OECD forecasts 3.5% growth rate for Morocco in 2023

The Organization for Economic Co-operation and Development (OECD) projected the Moroccan economy to grow by 3.5% this year and 3.7% next year, in an optimistic forecast that is closer to the government’s expectations of 4%. In its recent projections, Morocco’s central bank sees the economy growing by 2.6% this year from 1.2% last year. The […]

Nexans Maroc inaugurates 3.9 MW Photovoltaic Rooftop at its Mohammedia Plant

Nexans Group inaugurated Wednesday its photovoltaic power plant in Mohammedia, near Casablanca. The plant, which covers an area of 12,166 square meters, is equipped with 4,640 photovoltaic panels that will produce over 3,927 megawatts of electricity annually, covering nearly 19% of the Nexans plant’s annual electricity needs and reducing carbon dioxide (CO2) emissions by over […]