First Independent Mena Newspaper
Morocco’s industry and trade ministry has found that the electric oven’s market is marred by dumping and plans to impose import duty of up to 62%, Moroccan media reported. Citing unnamed ministry sources, le360 said the dumping rate was as high as 74% in the electric oven’s market. Ovens by Turkey’s ITIMAT will be subjected […]
The American TV channel CNN broadcast lately a report on the Dakhla Atlantic Port, describing the project as a major infrastructure that will enhance economic integration in Africa and drive trade across the continent. In its program “Connecting Africa”, CNN stated that the Moroccan dream of creating an economic trading hub for West Africa and […]
The United Nations Educational, Scientific and Cultural Organization (UNESCO) presented its latest artificial intelligence readiness assessment report for Morocco at a national conference on AI development in the Kingdom held in Rabat on Friday. The report, result of close collaboration between the Ministry of Digital Transition and Administration Reform and UNESCO, covers various aspects of […]
Morocco and the World Bank have reaffirmed their shared will to strengthen their cooperation, and called, in this connection, for the acceleration of their partnership through a new joint roadmap This came during a meeting in Washington between Morocco’s ambassador to the United States, Youssef Amrani, and the president of the international financial institution, Ajay […]
The Financial Times described Morocco as the “big newcomer” in the list of Africa’s 125 rapidly growing companies, with 12 firms, compared to just three previously. Morocco’s Chari.com, an e-commerce company, was ranked the sixth fastly growing African company at 244%, with a total revenue of $6.4 million in 2022. Marchiche Global Solutions came 22nd […]
Morocco is planning to boost its renewable energy capacity to 11GW by adding 6.5GW over the next four years, energy minister Leila Benali said. The country has a total capacity of 11GW and plans to almost double that to 20GW as it also invests in gas and green hydrogen, the minister said in Rabat, cited […]
The European Bank for Reconstruction and Development (EBRD) expects Morocco’s economic growth to reach 3 per cent in 2024, before rising to 3.6 per cent in 2025, supported by a recovery in external demand and government investment. Following a slowdown in 2022, the country GDP growth picked up to 3.2 % in 2023, driven by […]
ECOWAS Countries involved in the Morocco-Nigeria gas pipeline are expected to sign a final investment decision in 2025, according to Morocco’s oil and mines authority ONHYM. Speaking at a forum in Rabat, head of development at ONHYM recalled that the pipeline will cross 13 countries and stretch over 7000 kilometers. The cost of the pipeline […]
China’s copper foil producer Hailiang and anode maker Shinzoom signed a deal with Tanger Tech to build two plants for a total investment close to $1 billion, adding to a list of Chinese electric battery investors in the Kingdom. Hailiang signed a deal with Tanger Tech to build a copper factory for a total cost […]
Artificial Intelligence (AI) is fast becoming the latest frontier in the competition between the United States and China in Africa, as African countries are set to gain from both AI superpowers’ keen interest in collaboration to advance AI innovation on the continent. The US was the leading source of top computer programs known as AI […]