First Independent Mena Newspaper
Morocco’s industrial sector marked a historic breakthrough in 2024, generating 898 billion dirhams in revenue and achieving a record 30% increase in investment, industry and trade minister, Ryad Mezzour said. Speaking at the presentation of the Industry barometer, Mezzour said 2024 was “a decisive turning point” in Morocco’s industrial development. He emphasized the sector’s growing […]
Morocco’s industrial ambitions face a critical bottleneck as abundant renewable energy production outpaces the national grid’s transmission capacity, Industry and Trade Minister Ryad Mezzour warned Monday at the Industry Meeting Days in Casablanca. Speaking before industrial leaders at the event’s seventh edition, Mezzour highlighted a paradox threatening Morocco’s competitive advantage: while the kingdom enjoys rare […]
Automotive giant Stellantis has inaugurated a major expansion of its Kenitra manufacturing facility, investing 1.2 billion euros to double production capacity and achieve 75 percent local integration by 2030, reinforcing Morocco’s position as Africa’s leading automotive hub. Prime Minister Aziz Akhannouch, who officiated the July 16 ceremony, emphasized that the project embodies Morocco’s New Investment […]
The Arab parliament has urged Morocco to make available its experience and know-how in the automobile industry to other Arab countries so the latter can set up robust automobile industries, Le360.ma reports. The call came Tuesday from members of the Committee of the Arab Parliament in charge of scientific research, innovation and digital during a […]
Morocco on Monday called for a new win-win partnership between the European Union (EU) and the African continent, as France holds the rotating presidency of the Council of the EU. “It is necessary to define together a common commercial and industrial pact, based on the strengths of Europe as a renewed and innovative industrial power […]