Business Headlines Morocco

Morocco loosens Covid-19 restrictions in tandem with vaccine headway

Morocco has loosened a set of anti-coronavirus restrictive measures starting June 1, as it continues its steady campaign to vaccinate its people. Gatherings and activities will be allowed provided they do not exceed 50 people indoors and 100 people outdoors, the government said in a statement. Public transport capacity will be raised to 75% and […]

Africa Business Finance Headlines International Morocco

Morocco, among leading investors in Africa – AMDIE/ Mazars

The kingdom of Morocco has emerged as one of the leading international investors in Africa with foreign direct investment (FDI) valued at about $4 billion according to a report by the Moroccan Agency for Development of Investment and Export (AMDIE) and France-based consulting firm, Mazars. The report, dubbed “Analyse de l’investissement en Afrique en 2020 […]

Community Finance Headlines Morocco

Morocco to tighten anti-Money laundering measures

Morocco has adopted a new law to fight money laundering which enables tracking and seizing funds acquired illicitly in line with FAFTA jurisdictions. This law helped the country leave the grey FAFTA list and strengthen its legal arsenal to address strategic deficiencies in its regimes to counter money laundering, terrorist financing, and proliferation financing The […]

Business Headlines Morocco

Morocco wants more foreign doctors in its private clinics

Morocco has adopted a law that levels the playing field between national and foreign doctors in the private sector in a bid to foster human resources of the medical sectors. The law is part of the implementation of the King’s instructions for a revamp of the health sector which suffers from a shortage of staff. […]

Business Europe Headlines International Morocco

Morocco, UK discuss priorities of joint post-covid roadmap

Morocco and the United Kingdom reiterated, on Friday, the importance of setting the priorities of a joint roadmap for the post-covid period in line with the Strategic Partnership between the two countries. During a teleconference meeting between Minister of Foreign Affairs Nasser Bourita and Minister of State in charge of the Middle East and North […]

Business Headlines Morocco

Morocco’s new development model, an unprecedented plan -WB

The World Bank has welcomed Morocco’s new development model (NMD), proposed by the Ad-hoc Committee on the Development Model (CSMD), as an unprecedented participatory plan that lays the groundwork for a forward-looking model. This model establishes the role and responsibilities of each actor, including citizens, in building a “prosperous, plural and open” Morocco, Director of […]

Africa Business Headlines International Morocco

Morocco, 5th best African economy on Forbes List 2021

Morocco is expected to emerge as the fifth best performing economy in Africa this year despite adverse international economic juncture, says Forbes Middle East list 2021 drawn on basis of the International Monetary Fund and the World Bank data. The IMF expects Morocco’s real GDP to grow by 4.5 pc this year, after a contraction […]

Africa Business Headlines International Morocco

More than 1 million African farmers benefited from OCP programs

Morocco’s phosphates and fertilizer producer OCP has over the last 6 years launched a program aiming at bringing customized fertilizers closer to the African market with fair prices and has rolled out training programs on best practices to improve output benefiting so far 1 million African farmers. The goal was to support the African farmer […]

Business Headlines Morocco Opinions

Morocco: MPs adopt bill legalizing use of cannabis for therapeutic purposes

The House of Representatives adopted, on Wednesday the bill legalizing the use of cannabis for medical purposes. The text on “the legal uses of cannabis, medical, cosmetic and industrial”, was adopted by the House of Representatives with 119 votes for and 48 against. The deputies of the Justice and Development Party (PJD), at the head […]

Business Columns Community Headlines Morocco Opinions

Main points of Development report presented to King Mohammed VI

The special committee to elaborate a new development model presented its proposals in a detailed report to King Mohammed VI who stressed over the past few years the need to add fresh impetus to Morocco’s development efforts in order to meet the legitimate aspirations of the people to a prosperous state and efficient civil service. […]