Americas Business Headlines International Morocco

U.S. PPG opens in Morocco its 1st African automotive sealants plant

American company PPG has opened lately in Tangier, northern Morocco, its first automotive sealants production facility in Africa. The new facility confirms Morocco’s attractiveness to foreign investors and global automotive players. “This facility is an important step in providing local supply for automotive original equipment (OEM) vehicle manufacturers in Morocco,” said Roald Johannsen, PPG vice […]

Business Finance Headlines Morocco

Moroccan Government expects 3.2% growth next year

The Moroccan government has laid out the priorities for the upcoming fiscal year predicting the economy to grow 3.2%. In a document outlining the breadlines of the upcoming budget, the government stressed the need to continue the large-scale reforms launched by Morocco in the wake of the pandemic, notably social reforms, public sector institutions upgrade […]

Americas Asia Business Headlines International Morocco

Morocco receives first shipment of Pfizer vaccine

Morocco has received a first shipment of 600,000 jabs developed by Pfizer-BioNTech as it plans to expand inoculation to people aged 12, health ministry sources said. The new shipment is part of an order of about 2 million jabs of the powerful vaccine which should help safeguard gains made by Morocco’s vaccination campaign. Morocco also […]

Africa Business Headlines International Morocco

Two Moroccan airports in top ten best airports in Africa

Two Moroccan airports were ranked in the top ten best airports in Africa by Skytrax, an international air transport rating organization. Marrakech-Menara airport and the Mohammed V airport of Casablanca were ranked respectively as fifth and sixth best airports in Africa, according to the ranking of the best African airports in 2021. Cape Town Airport […]

Asia Business Headlines International Morocco

Israeli Foreign Minister in Morocco to expand ties

Israeli Foreign Minister Yair Lapid is expected this Wednesday in Morocco for a two-day visit during which he will meet his Moroccan peer and sign cooperation agreement. Lapid will also inaugurate the new Israeli liaison office in Rabat after the two countries agreed to resume their diplomatic ties last December. The visit, the first by […]

Americas Business Headlines International Morocco

Morocco’s Industry Minister in US to attract aerospace investments

Morocco’s Industry Minister Moulay Hafid Alamy flew to the US where he plans to meet aeronautic manufacturers to showcase Morocco’s competitiveness and its growing network of aeronautics suppliers. The visit is expected to attract investments to further boost Morocco’s supply chain, the industry ministry said in a statement, adding that the minister’s agenda includes meetings […]

Africa Business Headlines International Morocco

Global Data: Morocco’s economy fastest growing in Africa in 2021

Morocco tops the list of the five fastest-growing economies in Africa in 2021, Global Data, an international consulting and data analysis firm, said Monday in its latest report.   Global Data expects the Kingdom to record a 5.19% growth rate, i.e. the highest rate on the continent in 2021.   With this predicted GDP growth […]

Africa Business Headlines International Morocco

AfDB highlights success of Moroccan Green Plan

The African Development Bank (AfDB) has highlighted, in a research study, the key factors of the success of the Moroccan Green Plan (PVM) and the lessons to be drawn from this strategy.   These key factors include the institutional environment and legal reforms that have attracted the private sector, as well as the experience of […]

Americas Business Community Headlines International

Montreal-based Alithya expands in Morocco to bolster expertise of its Digital Solutions Center

Alithya announced last week the opening of a subsidiary office in Tangier, Morocco, to leverage the North African country’s rich IT talent pool in order to bolster the expertise of its teams, and help advance the innovative work of Alithya’s global Digital Solutions Center that already comprises over 650 highly skilled professionals.   As the […]

Americas Business Finance Headlines International Maghreb Morocco

Covid-19: USAID supports WHO-UNICEF-Morocco Partnership

The US Agency for International Development (USAID) announced on Friday that it has provided an additional $2.5 million to WHO and UNICEF to partner with Morocco to enhance the country’s capacity of vaccine service delivery points, provide crucial cold chain, and logistics support. The USAID financial contribution will also fund initiatives destined to help local […]