In a bid to offset the sharp drop in Morocco’s cereal harvest, the North African country’s imports of soft wheat from France are forecasted to stand at 4.5-5 million tones …
Morocco
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Morocco is currently home to Africa’s third-largest luxury market, with a total of $125 billion in private wealth, says a new report from the consulting firm Henley & Partners. In …
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AgricultureEconomyFinance & ServicesMorocco
Morocco to Launch a Tender for Construction of Massive Irrigation Grid
Morocco’s Agriculture Development Agency (ADA) has announced opening a tender for Public-Private Partnership (PPP) for the development of an irrigation system across 224,1517 hectares in the Jraifia council in the …
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BusinessEconomyMarketsMorocco
FitchRatings: Moroccan Fertilizer Prices to Increase Amid Supply Constraints
The American rating agency FitchRatings announced earlier this week revising their price outlook for fertilizers upwards due to the continuing supply constraints and the expected recovery in demand. In its …
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AgricultureBusinessMorocco
Morocco Remains An Agrifood Importer Despite Strong Agricultural Potential
Morocco remains a major importer despite its significant potential in the agri-food sector, says a new analysis by a Moroccan think tank. In a publication last week, the Moroccan Institute of …
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EconomyEntrepreneurshipMoroccoOil & Gas
NNPC Seals Gas Pipeline project Agreement with Morocco and ECOWAS
Morocco’s National Agency for Mines and Hydrocarbons (ONHYM), Nigeria’s National Petroleum Company Limited (NNPC), and the Economic Community of Western African States (ECOWAS) signed a Memorandum of Understanding (MoU) for …
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Renault Tanger, a French car manufacturer, announced today plans to launch its first electric car manufacturing line in 2023. The company made the announcement on Tuesday during a ceremony celebrating …
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Banking, Finance & InvestmentEconomyMorocco
European Bank team up with Credit Agricole to Boost Climate Financing in Morocco
The European Investment Bank (EIB) announced today sealing a technical assistance deal with Credit Agricole Maroc to boost climate financing in Morocco. In a press release, EIB announced the launch …
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Morocco’s olive oil exports reached 13,200 tones in the first eight months of 2022, double the volume the country exported during the same period a year earlier. According to data …
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Banking, Finance & InvestmentEconomyMorocco
Malika Dhif has been Appointed by AFDB as the New Executive Director for Morocco, Togo and Tunisia
Malika Dhif, former deputy director at Morocco’s Directorate of Treasury and External Finance, has been appointed as the new executive director for Morocco, Togo, and Tunisia at the African Development …