The London-based Xtract Resources Company has announced it obtained a 10-year mining license for the Amghas antimony project in northwest Morocco, marking a major step toward near-term production. In parallel, the Company has begun relocating existing processing plant infrastructure from Casablanca to Amghas, while Wildstone SARL (“Wildstone”), Xtract’s 80%-owned venture, finalizes documentation for a processing […]
Eight Moroccans have featured among the top 10 African Francophone leading businesswomen in a ranking established by the renowned Paris-based Jeune Afrique. Miriem Bensalah-Chaqroun, leader of the General Confederation of Moroccan Companies (CGEM, employers’ union) tops the ranking. She received recognition from Jeune Afrique, which reports that the 53-year old woman, who also heads the […]
The IMF revised upwards its growth projections for the Moroccan economy to 1.25% in 2022 and 3% in 2023, saying Morocco’s resilient exports, robust remittances and tourism recovery had helped offset some of the fallout of external shocks. The Moroccan government however expects growth to stand at 1.5% this year before increasing to 4% next […]
