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Portugal explores Morocco power link after Iberian blackout
Three months after a massive power outage plunged the Iberian Peninsula into darkness, Portugal unveiled Monday a €400 million plan to reinforce its electrical grid—and floated the possibility of connecting to Morocco’s power network. Environment Minister Maria da Graça Carvalho announced 31 measures designed to prevent future blackouts, reassuring citizens that not all costs would […]
PSA-FCA merger could bring new automotive investments to Morocco- Industry Minister
A merger between French automaker PSA, which already operates a plant in Kenitra, and Italian FCA could pave the way for the setting up of a FIAT factory in Morocco, said Industry and Trade Minister Moulay Hafid El Alamy. Speaking at a meeting in Italy, held by Morocco’s export promotion agency (AMDIE) and the Italian […]
Mohammed VI Investment Fund, AfDB pool efforts to promote investment financing in Morocco
The Mohammed VI Investment Fund (FM6I) and the African Development Bank (AfDB) signed a Letter of Intent, aimed at increasing funding sources for productive investment and strengthening the role of the private sector in Moroccan economy. This partnership, sealed on the sidelines of the Africa Investment Forum 2023, held last week in Marrakech, will allow […]



