Morocco’s economic growth to improve to 3.2% in 2024 despite drought

Morocco’s economic growth would pick up to 3.2% in 2024 from 2.9% expected in 2023, amid persisting drought but improving exports, planning agency HCP said. The forecast is closer to that of the World Bank which sees the economy growing by 3.1% this year after 2.8% last year. The agency expects Morocco to reap a […]

Aeronautics: Airbus acquires Spirit AeroSystems major activities, including Casablanca plant

European aircraft manufacturer, Airbus, has agreed with U.S. supplier “Spirit AeroSystems” to acquire the major activities related to its airbus planes manufacturing in five plants, including the Casablanca site. In a press release issued Monday, Airbus said the $559 million acquisition deal aims to ensure stability of supply for its commercial aircraft programs through a […]

US Farmers & Members of Congress pressing for return of Moroccan fertilizers in America

Soaring prices of fertilizers due to Russia-Ukraine war has pushed a bipartisan group of sixty members of the US Congress and farmers to reach out to the US International Trade Commission (ITC) to address the strain on the fertilizer supply by eliminating duties on phosphate fertilizer products imported from Morocco. US Representatives Cindy Axne, Tracey […]