Energy Europe Headlines International Morocco

Construction of a 3,800 km cable between Morocco and the UK taking shape

A 10.5 GW solar and wind power plant will be built in the Guelmim-Oued Noun region to supply the UK with clean energy via a 3,800 km long submarine cable, scheduled to be laid in 2025. The project, to be developed by the British company Xlinks, provides for the building of an energy complex with […]

Business Finance Headlines Morocco

Morocco’s central bank buys back excess hard currency in local forex market

Morocco’s central bank has bought $471 million of excess foreign currency from the local market to absorb excess and ensure the good functioning of the market. The central bank said in a statement that it will maintain hard currency auctions as long as necessary depending on the evolution of the foreign exchange market. In recent […]

Headlines Morocco

Morocco forges ahead with children vaccination

Over 1.78 million pupils received their first dose by Sept. 24 and 206,700 have been fully vaccinated with Pfizer and Sinopharm jabs which the government opted for to bolster collective immunity. The start of the school year was delayed until Oct. 1 until children aged 12-17 have been vaccinated as Morocco maintains leadership in Africa […]

Energy Headlines Morocco

Morocco’s policy for modern, sustainable, reliable energy highlighted at High-level Dialogue on Energy

Morocco’s inventive policy for a modern, sustainable and reliable energy and its irreversible choices in terms of energy transition were highlighted at the High-level Dialogue on Energy held Friday by videoconference on the sidelines of the 76th Session of the United Nations General Assembly.   Addressing the gathering, Foreign Minister Nasser Bourita pointed out that […]

Africa Business Headlines International Morocco

Morocco, 2nd best place for investment in Africa – Rand Merchant Bank

The South African Rand Merchant Bank (RMB), in its latest “Where to invest in Africa” report, identifies Morocco as the second country on the continent with best investment-attractiveness thanks to its stability. The author of the report, RMB Africa Economist Daniel Kavishe indicated that Morocco’s economy continues to benefit from political stability. He also highlighted […]

Africa Headlines International Morocco Tunisia

Morocco, 4th African country where innovation thrives

The kingdom of Morocco is ranked 4th African country on Global Innovation Index 2021 (GII2021) of the World Intellectual Property Organization (WIPO) that captures the innovation ecosystem performance of 132 economies, and tracks the most recent global innovation trends. Globally, Morocco ranks 77th, a poorer performance in comparison with the previous year’s ranking of 75th. […]

Business Europe Headlines International Morocco

Morocco & Europe agree to step up partnership in patents, intellectual property & trademarks

Moroccan trademark Office (Office de la Propriété Industrielle & Commerciale – OMPIC) and the European Patent Office (EPO) have sealed an agreement on the Cooperative Patent Classification (CPC). The agreement, which was signed lately remotely by EPO Chief António Campinos and Head of OMPI Abdelaziz Babqiqi, opens up a new chapter of cooperation between the […]

Business Headlines Morocco

Morocco prepares launch of new public utilities starting 2022

Morocco will launch public utilities in every region to bring sewage management as well as electricity and water distribution under a single umbrella, local media reported. Under this reform, every region shall have its own utility to manage sewage along with water and electricity distribution as part of a push to promote advanced regionalization, Morocco’s […]

Africa Headlines International Morocco

Cycling: The 2025 World Championships in Rwanda, a first in Africa

The 2025 world road cycling championships will be held in Rwanda, a first in Africa, the Rwandan cycling federation announced Thursday. The International Cycling Union (UCI) congress, which is being held Friday in Leuven (Belgium), must ratify the decision before it becomes official, the international federation said. Two bids, Rwanda (Kigali) and Morocco (Tangier), were […]

Americas Headlines International Maghreb Morocco

U.S. and Moroccan Armed Forces conclude joint training programs on disaster response, explosive hazards

Moroccan and U.S. military personnel this week concluded a major disaster planning exercise and a four-week training program on handling explosive hazards, highlighting the continued strength of the US-Morocco military partnership, the US embassy in Rabat said in a statement. Members of the Utah National Guard are in Kasr Sghir this week participating in Exercise […]