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Category: Business
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
Morocco to help African countries with 550k tons of fertilizers
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
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
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
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
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
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