AfDB lends Morocco Over €600 Mln to fund four inclusive development projects

The African Development Bank has agreed to provide Morocco four loans totaling over €600 million to enable the North African Kingdom build a 105-km long highway, enhance territorial competitiveness, modernize the university, and support sustainable forest development. The agreements were signed Wednesday in Rabat by Minister in charge of the budget Fouzi Lekjaa and the […]

Morocco’s King receives Central Bank’s report confirming country’s economic resilience

Morocco’s economy showed resilience to external shocks thanks to the diversification strategy and the reforms undertaken over the past two decades, said Governor of Bank Al-Maghrib in an address he made Saturday before King Mohammed VI. The Moroccan economy, suffering from a challenging global context and a particularly severe drought, grew by 1.3 pc in […]

Morocco to launch 5G internet service by 2030- minister

Preparations are underway to launch 5G internet service in Morocco before 2030, when the country will co-host the world cup together with Spain and Portugal, digital transition and administration reform minister delegate Ghita Mezzour said. The official told MPs that the launch of 5G is part of Morocco’s 2030 digital strategy, and that the new […]