Morocco-economy

Operation ‘Aspides’: EU’s upcoming Red Sea naval mission to protect ships from Houthi attacks

The European Union has announced its plans to launch a naval mission in the Red Sea by mid-February aiming to protect commercial vessels against Iran-backed Houthi rebel attacks which are hampering international trade and driving prices up. It’s a purely defensive operation to protect ships from attacks by Yemen’s Houthi rebels, the bloc’s top diplomat […]

Nexans Maroc to Set up 2.5 MW Photovoltaic Rooftop at its Mohammedia Plant

Nexans Maroc and ENGIE Services Maroc recently signed a 15-year contract for the design, construction, supply, upkeep and maintenance of a photovoltaic rooftop plant with a 2.5 MW installed capacity. This output of the installation, to cover an area of 13,000 m2, will supply nearly 22% of Nexans plant’s annual electricity needs and avoid the […]

OCP Partners with UNIDO to speed up agricultural transformation & low-carbon industrial development

Moroccan OCP Group and UN Industrial Development Organization (UNIDO) have joined forces to advance agricultural transformation, low-carbon industrial development, digital innovation and skills development across Africa and globally. The two partners have signed a 5-year renewable agreement to establish strategic cooperation in plant nutrition and inclusive and sustainable industrial development. They pledged to strengthen integrated […]