Morocco’s Ministry of Foreign Affairs, African Cooperation, and Moroccans Residing Abroad on Monday announced that nationals from Jordan, India, Guatemala, and Azerbaijan will benefit from the country’s electronic visa starting …
Morocco
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BusinessEconomyMoroccoTransportation & Logisitics
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BusinessMarketsMoroccoTechnology
China’s XEV plans to Produce Electric Cars for the Italian Market in Morocco
China’s XEV brand has announced plans to produce in Morocco its electric cars destined for the Italian market. Italian news outlet Nordeste Economia reported on Monday that the Chinese company is …
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BusinessINVESTMENTMoroccoNorth AfricaTechnology
Sumitomo Invests MAD 2 Billion in Morocco’s automotive ecosystem
Japanese company Sumitomo Electric Industries has signed an agreement with Morocco’s Ministry of Industry and Trade to invest nearly MAD 2 billion ($190 million) in Morocco’s automotive ecosystem. The investment …
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Banking, Finance & InvestmentMorocco
Morocco’s Diaspora Remittances to Reach MAD 105.8 Billion in 2022
Remittances from Morocco’s diaspora are set to reach MAD 105.8 billion ($10.1 billion) in the year 2022. New data from Morocco’s central bank, Bank Al-Maghrib predict that Moroccan remittances will …
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Morocco’s House of Representatives on Tuesday adopted Bill No. 82.21 relating to a project for the self-production of electrical energy, the country’s Ministry of Energy Transition and Sustainable Development has …
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BusinessINVESTMENTMoroccoNorth Africa
Morocco’s Investments in Mining Sector increases to $1.14 Billion in 2021
The volume of Morocco’s investments in the mining sector exceeded MAD 13 billion, or $1.14 billion in 2021, recent data shows. Morocco’s Minister of Energy Transition and Sustainable Development Leila …
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AfricaEducationMoroccoTechnology
Morocco’s UM6P Hosts Metaverse Day to Promote Metaverse and Web3 technology
Morocco’s Mohammed VI Polytechnic University (UM6P) co-hosted on Wednesday in Ben Guerir an event with the tech giant and Facebook’s parent company Meta, with the aim of promoting the rising …
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BusinessEnergyEntrepreneurshipMoroccoNorth AfricaOil & Gas
British energy Company Chariot, ONHYM Reaches Agreement with ONEE on ANCHORS Gas Sales
British energy company Chariot announced that it and Morocco’s National Office of Hydrocarbons and Mines (ONHYM) reached an agreement with the National Office for Electricity and Potable Water (ONEE) on …
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Banking, Finance & InvestmentINVESTMENTMoroccoNorth Africa
European Bank Loans Morocco’s Nador Port €100 million For the Construction of Nador West Med port
The European Bank for Reconstruction and Development (EBRD) is financing the Nador West Med (NWM) is loaning €100 million for the construction of the Nador West Med port in Morocco’s …
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Banking, Finance & InvestmentBusinessEntrepreneurshipMorocco
BCP Receives a financing package of 25€ Million to support Morocco’s green transition
The European Bank for Reconstruction and Development (EBRD) is joining forces with the Green Climate Fund (GCF) and the European Union (EU) to allocate a financing package of €25million to …