Investments

French Senate Speaker calls for Africa-focused partnership with Morocco, voices appreciation of France’s historical stance on Sahara

French Senate speaker Gérard Larcher called for the development of a partnership with Morocco geared towards Africa and voiced appreciation of France’s historical stance on Sahara, as expresseed by President Emmanuel Macron last year. Speaking at a joint news conference following talks, on Monday in Rabat, with Morocco’s Upper House Speaker Mohamed Ould Errachid, Larcher […]

Morocco-UK electricity interconnection part of new energy order – The Telegraph

The Uk braces for a new electricity order in which renewable energy generated from Morocco’s Sahara is well-placed as a competitive, clean and affordable source to supply the UK market, wrote the Telegraph. Xlinks consortium is preparing to launch within five years the world’s longest undersea cable to channel energy from Guelmim region in the […]

EBRD Supports Morocco’s Car Industry with € 15 Mln Loan to Varroc Lighting Systems

The European Bank for Reconstruction and Development (EBRD) supports Morocco’s automotive industry with a €15 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The EBRD’s financing will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant […]