Marrakech-Souk

Wind power: Spanish company InCom opens plant in Morocco, its first in Africa

Spanish InCom company, a multinational group dedicated to the engineering, design and manufacture of composite kits for the wind blade industry, has taken a new step in its international expansion with the opening of its first factory on the African continent, more precisely in the Northern Moroccan city of Tangier.   The plant, which started […]

Moroccan central bank invests in World Bank green bond

Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the World Bank in Marrakech. The EUR 100 million 3-year and EUR 100 million 5-year Sustainable Development Bond transactions will support the financing of the World Bank’s sustainable development activities, the […]

North Africa Tourism Plummets By 8 % in 2015 Due to Terrorism (WTO)

As international tourism grew by 4.4 pc in 2015 to reach a record of 1.2 billion arrivals, the number of foreign tourists dropped by 8 pc in parts of North Africa due to terrorism threats, according to latest figures released by the World Tourism Organization (WTO). Egyptian resort Sharm el-Sheikh in Egypt, where a Russian […]