Business Emerging Markets Headlines Morocco

Casablanca: Casa Anfa’s ambitious urban development takes shape

The Casa Anfa urban development project is rapidly transforming western Casablanca, turning the site of the city’s former airport into a vibrant new district that combines residential areas, business centers, and extensive green spaces. Spanning 350 hectares, this ambitious project managed by the Urban Development Agency of Anfa (AUDA), a subsidiary of Morocco’s CDG Group, […]

Business Emerging Markets Headlines International Morocco

Maroc Telecom teams up with Visa to boost digital payments & financial inclusion in Morocco & Africa

Maroc Telecom company has partnered with Visa Corporation to enhance digital payments and financial inclusion in Morocco and across the African subsidiaries of the major telecommunications company in the North African Kingdom. Thanks to this partnership, the users of MT Cash, Maroc Telecom’s Mobile Money solution, will benefit from the Visa payment services. This strategic […]

Asia Emerging Markets Headlines International Morocco

Strengthening Morocco-Qatar military cooperation reviewed in Doha

Means of upgrading military cooperation between Morocco and Qatar and expanding the two countries’ partnership to other areas were at the focus of the visit Lieutenant General Mohammed Berrid, FAR Inspector General and Commander of the South Zone paid to Qatar this April 19 – 22. The FAR Inspector General, who visited Qatar at the […]

Emerging Markets Finance Headlines Morocco

Morocco’s OCP plans international bond sale

Morocco’s phosphates and fertilizers producer OCP plans to issue a dual-tranche bond of 5 and 10 years, Reuters reported. OCP has mandated Citi and JP Morgan to arrange the bond sale, the agency reported without adding details. In February last year, OCP completed the issuance of an additional $300 million bond, linked to the group’s […]

Business Emerging Markets Headlines Morocco

Morocco expects rise in cereal harvest to 4.4 mln tons

Morocco expects its cereals harvest to grow to 4.4 million tons this season, up 41% from last year, thanks to March and April rainfall, the agriculture ministry said. Moroccan agriculture reeled under the impact of seven consecutive years of drought, that slashed the harvest last year to 3.1 million tons, compared to an average year […]

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Chinese EV Maker Zeekr Launches Premium Electric Vehicles in Morocco

Chinese electric vehicle manufacturer Zeekr has officially entered the Moroccan market through a strategic partnership with Tractafric Motors Morocco, introducing two premium electric models with a third planned for later this year. Founded in 2021 by Geely Holding Group, Zeekr aims to meet growing demand for high-end sustainable mobility solutions in the North African kingdom. […]

Emerging Markets Headlines Libya

Libya’s medical advancements led to recovery for over 4,000 cancer patients

Libya’s efforts in the fight against cancer have seen significant progress, with over 4,000 patients reported to have fully recovered thanks to the country’s dedicated medical professionals. Haidar Al-Sayah, Head of the National Anti-Cancer Authority, highlighted this achievement during the Libyan International Conference on Oncology and Radiotherapy. He revealed that over 4,000 scans were conducted […]

Emerging Markets Energy Headlines Morocco

Morocco fixes Noor Ouarzazate III solar plant after breakdown

The Moroccan agency for sustainable energy MASEN said it has switched on Noor Ouarzazate III solar plant after a 14-month breakdown. The breakdown highlights the dysfunctions with the CSP technology used in the plant which has experienced recurrent breakdowns. The 150-megawatt plant had shut down in February 2024 after a storage breakdown that the operating […]

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Africa caught in crossfire as China warns against U.S.-aligned trade deals

Amid a deepening U.S.-China trade war, Beijing has issued a stern warning to nations — particularly in Africa — not to strike trade deals with the United States “at the expense of China’s interests,” raising the stakes for countries already grappling with economic strain. China’s Ministry of Commerce declared it “will never accept it and […]

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Morocco Launches Electric Vehicle Battery Training with Renowned Inventor

Morocco’s Institute for Transport and Logistics Training (IFTL) has partnered with globally acclaimed researcher Professor Rachid Yazami to develop a specialized electric vehicle battery maintenance program, marking a significant advancement in the country’s green transportation initiatives. The agreement, signed Monday in Nouaceur, establishes a bachelor-level vocational certificate in Electric Vehicle Battery Maintenance designed to create […]