King Mohammed VI has called on all stakeholders to double efforts in order to make advanced regionalization a lever for economic and social development that can help address development challenges, unequal growth, and regional disparities. The Monarch’s call comes in a message addressed Friday to participants at the 2nd National Conference on Advanced Regionalization, convening […]
Morocco
Morocco to regulate crypto without stifling innovation, says Central Bank Governor
Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri, said earlier this week that the legal framework governing crypto-assets in Morocco, currently undergoing adoption process, aims to regulate this ecosystem while preserving the financial innovation that can emerge from it. “We wanted to regulate the use of crypto-assets, without stifling the innovation that can […]
Central bank sees automotive sector exports at $20 bln by 2026
Morocco’s central bank gave a promising outlook for Morocco’s current account balance putting emphasis on the growing exports of the automotive sector, seen at a record 20 billion dollars by 2026. Likewise, the bank expects Morocco’s phosphates and derivatives exports would settle at 10 billion dollars, while remittances from Moroccans abroad and tourism receipts would […]
Four French nationals detained in Ouagadougou released thanks to Moroccan King’s mediation
Thanks to a successful mediation by King Mohammed VI, four French officials accused of espionage and detained since December 1, 2023, in Burkina Faso have been freed. French President Emmanuel Macron “spoke over the phone on Wednesday, December 18, with King Mohammed VI to warmly thank him” for the success of his mediation, said the […]
Morocco’s ONEE, Germany’s KfW seal €50 Mln loan deal to finance drinking water supply program
The German Agency for International Cooperation (GIZ), through KfW, will grant Morocco’s National Office of Electricity and Drinking Water (ONEE) a €50 million loan destined to finance a climate-resilient drinking water supply program. The program is aimed at securing and reinforcing drinking water supply in several towns, including Ghafsai, El Hajeb, Ain Legdah, Bouderbala, Souk […]
Future Congress underscores importance of strategic partnership between Africa, Latin America – Final Declaration
The Future Congress, which wrapped up on Wednesday in Rabat, underscored the importance of the strategic partnership between Africa and Latin America for progress and development as part of South-South cooperation. In the final declaration issued at the end of the conclave, hosted by the Moroccan Parliament on December 17-18, in collaboration with the “Future […]
Sweden’s Trelleborg launches construction works of new aerospace plant in Morocco
Sweden’s Trelleborg, specialized in sealing systems in the aerospace sector, has launched in Nouaceur (outskirts of Casablanca), the construction works of its new industrial plant. The €10.2 million project will eventually create 150 to 200 jobs and boost the capacity of the local aerospace value chain, in line with the Kingdom’s strategy to improve the […]
China grants Moroccan scientist Rachid Yazami lithium batteries patent
Moroccan scientist Rachid Yazami has recently been granted a new patent in China for his method of rapidly charging lithium batteries, particularly for electric vehicles. “Proud to share that after Japan last February, it’s now China’s turn to grant us a patent for the fast battery charging method, particularly for future electric cars,” Yazami posted […]
Chile supports political solution to Sahara within framework of Morocco-proposed Autonomy Initiative
Chile reiterated, through the voice of its Foreign Minister Alberto Van Klaveren Stork, “constant support for the process led by the United Nations towards a just, pragmatic, lasting, realistic, viable, definitive and mutually acceptable solution to the question of Western Sahara, within the framework of the initiative presented by Morocco to the United Nations in […]








