First Independent Mena Newspaper
Morocco plans to increase its car production capacity from 700,000 cars currently to 1 million next year and 1.4 million in four years, industry minister Ryad Mezzour said. “The goal is to reach a capacity to produce 1.4 million cars within the next four years, given the existence of the electrical car sector which will […]
A partnership agreement providing for the opening of two Oracle Cloud regions in Morocco was inked, Wednesday in Marrakech, between the U.S. technology group Oracle and the Moroccan ministry of Digital Transition and Administration Reform, the ministry of Investment, Convergence and Evaluation of Public Policies, and the Moroccan Agency for Investment and Export Development (AMDIE). […]
The prospects for developing economic and commercial exchanges between Morocco and China were reviewed by the two countries’ Foreign Ministers at a meeting held Wednesday in Beijing. Visiting Foreign Minister Nasser Bourita and his Chinese peer Wang Yi, focused in their talks on the opportunities offered by Morocco’s global trade, through the encouragement of Chinese […]
Morocco’s Ambassador to the UN, Omar Hilale, highlighted, in Saint John’s in Antigua and Barbuda, King Mohammed VI’s vision of South-South cooperation in favor of island states, a vision that is based on solidarity. This came in an address he made on Tuesday at the 4th international conference on small island developing states, held May […]
In a major step towards strengthening Morocco’s aerospace industry, Pratt & Whitney Canada, part of the RTX Group, held earlier this week a groundbreaking ceremony for its new facility in the Kingdom, known as Pratt & Whitney Morocco (PWM), in the mid-park area in Casablanca. This new 12,000 square metre facility marks a milestone for […]
Morocco is ready to promote its startup ecosystem to a higher level, coordinator of the US Prosper Africa initiative, British A. Robinson, said Tuesday in Marrakech. Speaking at the closing ceremony of the Morocco-USA Venture Capital Forum (May 27-28), Robinson underlined that Morocco boasts a startup ecosystem that is increasingly dynamic and innovative, and has […]
African governments need to develop robust strategies for the critical minerals sector amid global rush for the continent’s lithium and other strategically important rare metals, a recent research has found. Demand for lithium, for example, tripled from 2017 to 2022, while the critical minerals market doubled in five years, reaching US$320 billion in 2022, according […]
Marrakech hosted on Monday and Tuesday a Morocco-USA Venture Capital Forum, organized by the United States Embassy in Rabat, in collaboration with the US government initiative “Prosper Africa”. The forum, the first of its kind between the two countries on venture capital, brought together 25 of the most promising startups in the North African Kingdom. […]
Morocco’s port authority is going green. It seeks to set up five photovoltaic solar plants in the ports of Casablanca, Agadir, Jorf lasfar, Laayoune, and Boujdour. The solar plants would power the ports to reduce the carbon footprint, as part of a larger national plan that would increase the share of renewables in the electricity […]
Morocco’s harvest of three main grains, soft wheat, durum, and barley, dropped 43% to 3.12 million tons in 2024, due to a severe drought that slashes cultivated areas. The cultivated area shrunk to 2.47 million hectares, compared with 3.67 million hectares last season, the agriculture ministry said. Soft wheat harvest dropped to 1.75 million tons, […]