Moroccan-Humanitarian-Aid

EV Battery: Morocco’s Manganese Mine Attracts Canadian Gold Company

Canadian mining company “Gold Lion” announced on Thursday the development and exploration of a manganese mine in Morocco by signing a letter of intent to acquire a 50% interest in a mining license from Ermazon SARL, a wholly owned subsidiary of Elcora Advanced Materials Corp. Manganese is an electric vehicle or “EV” metal used to […]

Morocco, Second Biggest Market for French Weapons in Africa

Morocco bought €127 million worth of French arms in 2016, making it the second weapon market for France in Africa, said the French Defense Ministry. Morocco came second in terms of spending on French arms behind Egypt, which spent €1.3 billion in the same year, the Ministry said in a report. Since 2012, French arm […]

Informal sector represents 30% of Morocco’s GDP- Central Bank study

The scale of the informal sector in the Moroccan economy amounts to 30% of GDP said a new study conducted by the Central Bank. The informal economy leaves workers in vulnerability without pension or health insurance and undermines the economy due to tax and anti-competitive practices. In the MENA region the average part of the […]