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Morocco reassures foodstuff and cooking gas exceed citizens’ needs

The announcement of health emergency measures followed by a lockdown triggered a wave of panic buying in Moroccan supermarkets on Friday as citizens rushed to buy more than needed in terms of food and gas. The government reassured that there was no need for such a shopping spree and that the country has enough reserves […]

Morocco: WB Supports Casablanca Development Plan with $100 Additional Funding

The World Bank has approved a $100 million additional financing for the Casablanca Municipal Support Program. The amount adds to the initial program of $200 million originally approved in 2017. The program supports the city’s financial and institutional strengthening under the Greater Casablanca Development Plan (Plan de Développement du Grand Casablanca, PDGC) with the aim […]

Automotive: Spanish Gestamp to Build Plant in Morocco

The Madrid-based company Gestamp, which specializes in the design, development and manufacture of highly engineered metal components for the automotive industry, has unveiled plans to build a plant in the Moroccan town of Kenitra, located around 40 km away from Rabat, next to the plant that PSA is building in the town. The facility is […]