Morocco
Moroccan PM Meets Prince Harry at UK-Africa Investment Summit in London
On the sidelines of the Africa-UK Investment Summit, the Head of the Moroccan Government, Saâdeddine El Otmani , met with Prince Harry in London on Monday, January 20.
Topic
Investment
Morocco
Meknes Tourism Boost: Two New Hotels to Add Over 1,000 Beds in $19 Million Investment
Two new tourist units, with a total investment of 193.1 million dirhams, are under construction in Meknes . This will strengthen the attractiveness of the destination.
Morocco
Moroccan Phosphate Giant OCP Expands into Eastern Europe with Romanian Venture
The Office Chérifien des Phosphates (OCP) has just obtained the approval of the Head of Government for the creation of a company in Romania, in cooperation with an Emirati group. The OCP will take a 50% stake in the South East European Fertilizer Company (SEEFCO).
Morocco
World Bank Lends $100 Million for Casablanca Tramway Expansion Project
The Casablanca-Settat region will sign, on Thursday, January 23, a loan agreement of 100 million dollars with the International Finance Corporation (IFC), a subsidiary of the World Bank, to finance the construction of lines 3 and 4 of the Casablanca tramway.
Morocco
Morocco Secures $275 Million World Bank Loan for Disaster Risk Management
Morocco and the World Bank signed, on Thursday, a development policy financing agreement with a deferred drawdown option for natural disaster risks, in the amount of $275 million. The ceremony was attended by the Minister of Economy and Finance, Mohamed Benchaaboun, and the Country Director for the Maghreb, Middle East and North Africa region at the World Bank, Jesko Hentschel.
Morocco
Morocco Aims to Boost Renewable Energy to 41% of Energy Mix by 2022
Morocco is working to rank among the nations that invest enough in the renewable energy sector. The Minister of Energy recently announced that the Kingdom plans to increase the share of renewable energies in the national energy mix to 41% by next year.
France
French Lead Foreign Real Estate Investment in Marrakech, Morocco
The French are the main buyers of properties in Morocco, particularly in Marrakech, a very attractive city. This choice to invest in real estate is explained by the proximity of the kingdom to Europe and the commercial relations between the two countries.
Morocco
Morocco Allocates 2 Billion Dirhams to Modernize Taxi Fleet by 2021
The Moroccan government has allocated a budget of 2 billion dirhams for the renewal of the taxi fleet. This operation will extend until December 31, 2021.
Morocco
Morocco Unveils Ambitious 2020 Infrastructure Plan to Boost Foreign Investment
[Morocco] intends to launch major highway, rail and port infrastructure projects in 2020, in order to improve the attractiveness of the country and its various regions to foreign investment.
Morocco
Morocco's Taza Wind Farm Secures Financing for First Phase, Set to Launch in 2021
The financing of the 1st phase of the Taza wind farm project has been completed by the stakeholders. Its commissioning is scheduled for the end of 2021.
Morocco
Morocco Achieves Self-Sufficiency in Poultry Meat Production, Study Shows
Morocco can now cover its poultry meat needs throughout the national territory. This is the result of a recent study on the subject.
Morocco
Al Hoceima Development Program: 77% of Projects Completed, 23% Ongoing
A meeting was held on Monday, December 16 at the headquarters of the prefecture of the province of Al Hoceima. The objective is to discuss the progress of the work carried out as part of the "Hoceima Manarat Al Moutawassit" spatial development program.