The President of the World Bank Group (WB) David Malpass has welcomed Morocco’s proactive and anticipatory strategy to mitigate the effects of t...
OCP Africa partners with IsDB to boost rice output in Côte d’Ivoire
OCP Africa, subsidiary of the state-owned Moroccan phosphate group (OCP) has teamed up with the International Islamic Trade Finance Corporation (ITFC)...
LafargeHolcim unveils new cement plant in Taroudant
Cement producer LafargeHolcim, listed with the Casablanca stock exchange, announced the completion of its new plant in Taroudant worth $330 mln with a...
IMF projects Morocco’s economic growth at 4.5 % in 2021
The International Monetary Fund has lowered slightly its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 4.5 pc in 202...
China grants Tunisia $14.2m to finance projects
China and Tunisia signed Tuesday inked a grant deal valued at around $14.2 million (TND40 million) earmarked for the financing of projects in the Nort...
Morocco promotes industry 4.0 for advanced manufacturing & competitiveness
With the advent of the fourth industrial revolution (Industry 4.0), the Moroccan government wants to adopt innovative technologies such as intelligent...
Morocco’s economy expected to grow 14.5% in second quarter
Morocco’s economic growth is expected to jump 14.5% in the second quarter this year after a growth of 0.7% in the first quarter, the high commission f...
Automobile industry: Clayens NP Morocco extends its plant in Mohammedia
Car parts manufacturer Clayens NP Morocco has extended its production plant in Mohammedia, increasing the surface area of the plant by around 70%. &nb...
Morocco maintains aid for worst-hit sectors by pandemic until June
A Moroccan economic monitoring committee (CVE) decided to maintain aid to workers in sectors most hit by the pandemic until June. This financial aid b...
AFD supports social, solidarity economy in Morocco with a €1.5 million grant
The French Development Agency (AFD) has agreed to provide a €1.5 million (MAD 16 million) grant to the Moroccan Ministry of Tourism, Air Transport, Ha...