Bouteflika

North African phosphates, between Morocco’s headway and Algeria’s lethargy

North Africa boasts the world’s richest phosphate reserves, most of which is located in Morocco but Algerian and Tunisian soil have significant untapped potential. Algeria has long dreamt to develop phosphates-related industries through the setting up of fertilizers plants in Annaba and developing the eastern phosphate cluster in the Tebassa region. However due to multiple […]

USAID supports Morocco’s inclusive socio-economic development program with $94 Million

The United States Agency for International Development (USAID) has granted Morocco $94 million to finance the kingdom’s inclusive socio-economic development program. The grant related agreement was signed Wednesday in Rabat. The inclusive socio-economic development program has three components, according to MAP. The first concerns an integrated local development program that will encompass the economic growth […]

Morocco plans $4.23 billion airport overhaul over 2025-2030

Morocco will spend 38 billion dirhams, or 4.32 billion dollars, to expand and modernize its airports in anticipation of a growth in tourist arrivals ahead of the 2030 World Cup. The money will be spent on the airports of Casablanca, Marrakesh, Agadir, Tangier, and Fez. The investment is part of a deal between the government […]