Morocco

As Morocco navigates severe, growing water stress, the country’s Ministry of Agriculture and Fisheries and the Ministry in charge of the budget decided to lift their irrigation subsidy on the …

Faced with a serious labor shortage crisis, Portugal has turned to Morocco to recruit 400 agricultural workers ahead of its harvest season. Portugal’s Minister of Labor Ana Mendes Godinho on …

 Morocco’s central bank, Bank Al-Maghrib (BAM), announced today raising central bank interest rates by 0.50 points to 2%, in response to the lingering supply chain bottleneck and rampant inflation. Following …

BMCE Capital Investment, part of the BMCE Capital Group, on Tuesday announced the launch of its first venture capital dedicated to financing Moroccan startups. The new MAD 50 million ($4.5 …

Morocco’s Administration of Customs and Indirect Taxes (ADII) issued a statement on September 26, to define the new rules governing the procedure for advance clearance of goods Imported by sea and …

 Emmerson PLC, a British company producing fertilizers, announced today securing $6 million in investment funds to develop the in Khemisset, a town 100 kilometers east of Rabat. To secure the …

Morocco has purchased 150 military drones of the WanderB and ThunderB types, manufactured by Israel’s BlueBird Aero systems, a company specialized in designing and developing Tactical Unmanned Aerial Systems (UAS) …

OCP reported an “exceptional” increase in its income and turnover compared to last year, in its latest earnings report, detailing the phosphate giant’s performance until June 30, 2022. “OCP achieved …

Renault Group Maroc has renewed its partnership with SUEZ for the treatment and recovery of industrial waste from its plants in Tangier and Casablanca. Earlier this week, a statement from …

Morocco’s inflation rate remains high, reaching a new peak at the end of August with an increase of 8% compared to last year, according to the latest figures from the …