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Business Community Headlines Morocco

Morocco: Three provinces selected to grow cannabis legally

North Africa Post

A new step forward in the legalization of cannabis cultivation in Morocco was made Thursday as the government adopted at its weekly meeting a decree regulating the activities related to the culture of the plant and selected three provinces, namely Al Hoceima, Chefchaouen and Taounate that will grow cannabis legally. This decree, drafted by the […]
Headlines Morocco

Morocco Hosts 1st Summit of World Merit Councils

North Africa Post

The first edition of the World Merit Councils Summit, bringing together change-makers from around the world, opened Tuesday at Mohammed VI Polytechnic University of Ben Guerir, near Marrakech, to discuss inclusive opportunities and ways to empower youth to build a better future. Over 150 young volunteers and professionals from 125 countries are taking part in […]
Energy Headlines Morocco

Converting Debt to Shares, a Possible Scenario to Save Morocco’s Sole refinery

North Africa Post

Creditors of Morocco’s sole refinery, Samir, are putting on the table the alternative of converting the massive 43-billion-dirham debt ($4.55 billion) into shares, a move that entails giving creditors a say in the board of trustees, Moroccan media reported on July 11. After an appeals court in Casablanca upheld a ruling placing the refinery into […]