Business Emerging Markets Headlines Morocco

Morocco unveils $2.8 Billion plan to double airport capacity by 2030

Morocco has launched an ambitious MAD 28 billion ($2.8 billion) “Airports 2030” investment program aimed at more than doubling its passenger capacity to 80 million annually by the end of the decade, Transport and Logistics Minister Abdessamad Kayouh announced. The centerpiece of the plan is a new Casablanca airport constructed on 800 hectares adjacent to […]

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Strengthening Morocco-Qatar military cooperation reviewed in Doha

Means of upgrading military cooperation between Morocco and Qatar and expanding the two countries’ partnership to other areas were at the focus of the visit Lieutenant General Mohammed Berrid, FAR Inspector General and Commander of the South Zone paid to Qatar this April 19 – 22. The FAR Inspector General, who visited Qatar at the […]

Business Emerging Markets Headlines Morocco

Morocco expects rise in cereal harvest to 4.4 mln tons

Morocco expects its cereals harvest to grow to 4.4 million tons this season, up 41% from last year, thanks to March and April rainfall, the agriculture ministry said. Moroccan agriculture reeled under the impact of seven consecutive years of drought, that slashed the harvest last year to 3.1 million tons, compared to an average year […]

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Chinese EV Maker Zeekr Launches Premium Electric Vehicles in Morocco

Chinese electric vehicle manufacturer Zeekr has officially entered the Moroccan market through a strategic partnership with Tractafric Motors Morocco, introducing two premium electric models with a third planned for later this year. Founded in 2021 by Geely Holding Group, Zeekr aims to meet growing demand for high-end sustainable mobility solutions in the North African kingdom. […]

Emerging Markets Energy Headlines Morocco

Morocco fixes Noor Ouarzazate III solar plant after breakdown

The Moroccan agency for sustainable energy MASEN said it has switched on Noor Ouarzazate III solar plant after a 14-month breakdown. The breakdown highlights the dysfunctions with the CSP technology used in the plant which has experienced recurrent breakdowns. The 150-megawatt plant had shut down in February 2024 after a storage breakdown that the operating […]

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The Sun: Moroccan Businessman Anas Sefroui Interested in Buying Sheffield Wednesday Football Club

Moroccan real estate businessman Anas Sefroui, one of the richest men in Africa, has set sights on buying Sheffield Wednesday Football Club, according to British tabloid The Sun. Sefrioui, who made his fortune through massive property development deals, has hired a top legal firm to look at potential takeover, said the newspaper. Other investors from […]

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Morocco’s King Pays Tribute to the Life and Legacy of Late Pope Francis I

King Mohammed VI, Commander of the Faithful, has joined the world leaders in paying tribute to the life and legacy of Pope Francis who died at age 88 on the morning of Easter Monday. In a message sent to Cardinal Giovanni Battista Re, the Dean of the College of Cardinals, the Monarch offered his sincere […]

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Morocco Launches Electric Vehicle Battery Training with Renowned Inventor

Morocco’s Institute for Transport and Logistics Training (IFTL) has partnered with globally acclaimed researcher Professor Rachid Yazami to develop a specialized electric vehicle battery maintenance program, marking a significant advancement in the country’s green transportation initiatives. The agreement, signed Monday in Nouaceur, establishes a bachelor-level vocational certificate in Electric Vehicle Battery Maintenance designed to create […]

Business Emerging Markets Features Headlines Morocco

Morocco launches $2.8 billion highway project connecting Fez to Marrakech

Morocco’s Ministry of Equipment and Water has initiated preparatory studies for a major infrastructure project: a 420-kilometer highway connecting Fez to Marrakech via Meknes, Khenifra, and Beni Mellal, with an estimated cost of 28 billion dirhams ($2.8 billion). This ambitious project aims to strengthen north-central connectivity across the kingdom, serving as a “backbone” to stimulate […]

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Hudson Institute makes case for designating Polisario terrorist group

In a detailed analysis, the Hudson Institute urged the US administration to designate the Polisario as a terrorist group, citing the militias’ involvement in destabilizing acts in the region, in connivance with its main sponsor Algeria, as well as Iran, which has been using the separatist group to gain a foothold in North Africa. The […]