Moroccan-Algerian-borders

UN Envoy to Libya Holds Consultations with Morocco

UN special envoy to Libya Ghassan Salamé held talks Monday in Rabat with Foreign Minister Nasser Bourita, focused on the Libya crisis. At a joint press briefing following the meeting, Bourita renewed Morocco’s support to an inter-Libyan solution under the aegis of the UN to achieve a final settlement of the crisis in the North […]

Morocco’s OCP Group secures €200M green finance from Germany’s KfW

OCP Group, the world leader in plant nutrition solutions and phosphate-based fertilizers, announced it has finalized a €200 million financing agreement with KfW, Germany’s development and investment bank, to enhance global food security and combat climate change. The KfW loan is a significant contribution towards OCP Group’s $13 billion green investment strategy for 2023-2027 to […]

STELLANTIS DOUBLES DOWN ON MOROCCO WITH 1.2 BILLION EURO KENITRA EXPANSION

Automotive giant Stellantis has inaugurated a major expansion of its Kenitra manufacturing facility, investing 1.2 billion euros to double production capacity and achieve 75 percent local integration by 2030, reinforcing Morocco’s position as Africa’s leading automotive hub. Prime Minister Aziz Akhannouch, who officiated the July 16 ceremony, emphasized that the project embodies Morocco’s New Investment […]