The African Continental Free Trade Area (AfCFTA) has potential to increase cross-border remittances by migrants, according to a new report by World Bank, even as international markets remain the largest sources. The AfCFTA has the potential to make cross-border transactions such as remittance transfers by migrants within Africa cheaper through the Pan-African Payment and Settlement […]
On Thursday, King Mohammed VI oversaw the inauguration and inspection of several major projects forming part of the redevelopment of the Casablanca Port Complex, designed to enhance the city’s economic vitality and tourism potential. With an estimated investment of 5 billion dirhams, the initiative features the development of a new fishing port, a shipyard, a […]
Morocco’s largest private electricity producer, Taqa Maroc, has launched a renewable energy subsidiary to take care of its solar projects, Moroccan media said. UAE firm Taqa Maroc is listed on the Casablanca stock exchange and has reported a first quarter revenue of 4.09 billion dirhams, up 53.9% from last year as coal prices drop. It […]
