Category: Business

FDI Flow up 43.6% in 2021 – Office des Changes Report

July 21, 2022

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

July 21, 2022

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

July 21, 2022

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

July 21, 2022

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

Morocco to help African countries with 550k tons of fertilizers

July 21, 2022

Morocco’s phosphates and fertilizers producer OCP is addressing the shortage in fertilizer on the African continent by offering 180,000 tons of customized fertilizers in donations ... Read More

American & African economic operators discuss in Marrakesh joint business opportunities

July 20, 2022

Hundreds of African and American businessmen are discussing in Marrakesh partnership projects in various sectors including agribusiness, finance, energy, fertilizers, health, mining infrastructure, ICT, security ... Read More

Vice Pdt. Kamala Harris Thanks Morocco’s King for Hosting U.S.-Africa Business Summit

July 20, 2022

U.S. Vice President Kamala Harris has thanked King Mohammed VI and the Corporate Council on Africa (CCA) for hosting the U.S.-Africa Business Summit which opened ... Read More

AfDB allocates Egypt $271m credit line to finance food security and economic resilience program

July 20, 2022

The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to ... Read More

Morocco seeks Israeli defense industry know-how

July 20, 2022

Morocco and Israel are fostering their relations on all fronts including in the defense industry as Israel’s top general and Moroccan minister in charge of ... Read More

Morocco’s OCP gets €570 million for the development of a brand new college campus for UM6P close to Rabat

July 19, 2022

The World Bank, through its Multilateral Investment Guarantee Agency (MIGA), has just announced a €570 million disbursement guarantee for the construction of a new university ... Read More