Five Moroccan startups are set to visit India from October 26 to 30 to learn from the Indian tech ecosystem and identify prospects for cooperation. Morocco’s Ministry of Digital Transition …
Morocco
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EconomyEducationMoroccoTechnology
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In a bid to meet its climate targets, Singapore has started talks on carbon markets to buy carbon credits from Morocco and other countries including Ghana, Indonesia, Colombia, and Brunei. …
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BusinessEconomyEnergyFood ProductionMorocco
Morocco set to Allocate $2.3 Billion to Subsidize Basic Food and Energy commodities in 2023
Morocco’s government is set to allocate MAD 26 billion ($2.3 billion) in 2023 to subsidize basic food and energy commodities and preserve national purchasing power. According to the country’s Economy …
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BusinessEconomyFinance & ServicesHealthcareMorocco
Government to Gradually Tax Sugary Products for ‘Public Health’
Morocco’s government announced that it would gradually start to tax sugar-intensive products to “preserve the health of citizens.” During a presentation to parliament, Morocco’s Economy and Finance Minister Nadia Fettah …
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Morocco’s governing council chaired by Head of Government Aziz Akhannouch, adopted a draft decree to temporarily suspend import duties on domestic cattle on Wednesday October 19. The draft decree seeks …
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AgricultureBusinessEconomyMorocco
OCP Group Inaugurates it’s First ultramodern Fertilizer Blending Plant in Nigeria
Morocco’s fertilizer giant OCP Group inaugurated this week its first ultramodern fertilizer blending plant on the continent in Kaduna, in northern Nigeria. The aim of the new Kaduna facility is …
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Banking, Finance & InvestmentBusinessEconomyMorocco
Banque Central Popularize and EIB signed a partnership agreement to Boost Competitiveness of Morocco’s SMEs
Banque Central Popularize (BCP), Morocco’s second-largest banking group, signed a partnership agreement with the European Investment Bank (EIB) today in Rabat, aiming to enhance the competitiveness of small and medium-sized …
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BusinessEconomyMarketsMoroccoSanlam
Sanlam Maintains it’s Hold on Moroccan Market, Expands in Africa
Moroccan insurance provider Sanlam, formerly known as Saham, has said that “Morocco is a key market” for its pan-African operations. In June, Saham officially changed its name to Sanlam after its …
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AgricultureBusinessEconomyMorocco
Morocco is US’ Third Largest Exporter of Table Olive and olive oil in 2022
Morocco exported 19,000 tones of table olives to the United States in the first half of 2022. A recent report from the Office of Economic and Commercial Affairs of the …
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Banking, Finance & InvestmentBusinessEconomyMorocco
Morocco Refused IMF Proposal to Adopt More Flexible Currency Exchange Rate
The International Monetary Fund (IMF) proposed for Morocco to move to the next phase of fiscal reforms aiming to make its national currency’s exchange rate more flexible, but Morocco’s central …