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Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2
Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]
Morocco: US Investors Eying Renewable Energy Potential in Build-up to COP22
American investors are showing an increasing interest in Morocco’s renewable energy potential as the North African country gears for the UN summit on climate change in November. Local daily L’Economiste on Tuesday states that American investors could move on for action before the Marrakesh conference, scheduled for November 7-18, and that partnerships could be announced […]
Italy’s SITE Company wins €140 Mln contracts for Morocco’s high-speed rail expansion
Morocco’s national railway operator, Office National des Chemins de Fer (ONCF), has awarded Italian engineering company SITE two contracts worth over €140 million for the new high-speed rail line linking Kénitra to Marrakech. SITE will provide telecom, power, and cybersecurity systems for the 400-km Kénitra–Marrakech line ahead of 2030 FIFA World Cup organized by Morocco, […]



