Morocco’s northern industrial zone breaks new turnout record

The Tangier-Med industrial zone, the largest industrial cluster in Africa, reported a turnover of 113 billion dirhams ($13 bln) in 2022 breaking a new record thanks to its attractiveness to investors. The total revenue generated by the industrial zone was up 45% in 2022 compared to a year earlier as 35 new operators set up […]

HRC adopts Morocco-proposed groundbreaking resolution on the role of women in diplomacy, human rights defense

The United Nations Human Rights Council (HRC) adopted by consensus on Thursday a groundbreaking resolution on the role of women in diplomacy and their participation in the defense and promotion of human rights that was proposed by Morocco. The resolution, deemed a new step towards more inclusive diplomacy, was introduced as part of the 58th […]

BMCE Bank International teams up with IFC to support inter-African trade

Morocco’s BMCE Bank International Plc UK has sealed a $150 million partnership with the International Finance Corporation to bolster cross-border trade in Africa and prevent shortages of essential goods, including grains and building materials amid the Covid-19 crisis. Under the agreement announced Wednesday, IFC will enter into a risk-sharing facility with BMCE Bank International, a […]