The European Bank for Reconstruction and Development (EBRD) is helping to develop the olive oil sector in Morocco with a loan of up to MAD 55 million (€5 million equivalent) to Al Dahra Holding subsidiaries in Morocco, Al Dahra Morocco Factories (ADFAC) and Al Dahra Morocco (ADMO). The EBRD funds will finance the construction […]
Morocco’s largest mining company Managem plans to increase its revenue by 50% from 9 billion dirhams currently, as it plans to increase gold and copper production starting from 2025, the company CEO Imad Toumi said. The company has resumed gold production in Sudan which represents 15% of its revenue, Toumi told Medias24. He said the […]
Nigeria and Morocco have signed a memorandum of understanding to boost the biotechnology sector. The MOU was signed in Abuja by the Nigerian Agency for Biotechnology Development (NABDA) and by RAHAD Industries, the Nigerian subsidiary of the Moroccan company RVD Equipment Industries, and Mesencell Biotechnology. Speaking on this occasion, NABDA Director General Abdullahi Mustapha said […]
