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Category: Business
Collins aerospace ecosystem to add $1 bln to Morocco’s aerospace industry
Morocco’s aerospace industry is expected to exceed 2019 levels as new big players invest in the country, the latest of which is Collins aerospace which ... Read More
Morocco announces $28 Million plan to alleviate damage caused by recent wildfires
The Moroccan government announced a $28.3 million plan to mitigate the impact of the recent wildfires on agricultural activity and forests and on livelihoods. Pursuant ... Read More
Morocco mulls EV battery factory- minister
The next step in the expansion of Morocco’s automotive sector is the setting up of an electric vehicle battery plant to build on existing raw ... Read More
World Bank loans Sudan $100m to combat deep food insecurity
The World Bank has released $100 million for the World Food Program to tackle “deep food insecurity” for 2 million people in Sudan. The Washington-based ... Read More
Connecting Africa: Emirates is Pushing for Rapid Expansion, Competing with Its Turkish and Ethiopian Rivals
As it moves forward with plans to add to its 22 African routes, experts wonder if Emirates could be the airline that connects Africa with ... Read More
Morocco, Mozambique set up business council to bolster joint investment
The employers’ unions of Morocco and Mozambique have agreed to set up a joint business council to foster trade exchanges and economic cooperation between the ... Read More
FDI Flow up 43.6% in 2021 – Office des Changes Report
The net flow of Foreign Direct Investments (FDI) recorded a 43.6% increase to more than 19.4 billion dirhams at the end of December 2021 compared ... Read More
USTDA helps Morocco build its 1st smart grid
The U.S. Trade and Development Agency announced this Thursday it will fund a feasibility study to transform the power distribution infrastructure in Marrakech into a ... Read More
Canadian GAL Aerospace will invest $12 million in a production unit of aircraft cabins in Morocco
Canadian GAL Aerospace will set up in Morocco an integrated project for the production, modification and completion of aircraft cabin interiors. The unit to be ... Read More
Morocco, a gateway for US investments in Africa
Marrakech is currently hosting the US-Africa business summit, a forum that connects the business community in Africa and the US to prospect for win-win investment ... Read More