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[Morocco] Vivo Energy and Zakoura Foundation partners with Education Ministry to educate on environment
Vivo Energy and the Zakoura Foundation have signed a partnership agreement with the Ministry of Energy National Education, Vocational Training, Higher Education and Scientific Research to bolster environmental education.
ACWA Power collaborates with ECOHZ to empower Morocco women
ACWA Power has announced collaboration with ECOHZ to empower local women and support communities in Morocco.
[Morocco] Royal Air Maroc receives first B787-9 Dreamliner from Boeing
Boeing has delivered the first 787-9 Dreamliner for Royal Air Maroc, introducing a second member of the super-efficient Dreamliner family to the airline's fleet.
[Morocco] ONDA partners with National Aviation Services to launch e-gates at Pearl Lounge
The Moroccan Airports Authority (ONDA) has partnered with National Aviation Services to launch the first electronic gates at the Pearl Lounge in the Marrakech Menara Airport departures area.
Moroccan Airports Authority partners with National Aviation Services to launch electronic gates at Airports in Marrakech
The Moroccan Airports Authority (ONDA) has partnered with National Aviation Services (NAS) to launch the first electronic gates (E-gates) at the Pearl Lounge in the Marrakech Menara Airport departures area.
North Africa mobile phone market sees strong growth as demand for feature phones surges, IDC
The North Africa mobile phone market, comprising Egypt, Tunisia, Algeria, and Morocco, saw year-on-year shipment growth of 11.5% in the third quarter of 2018.
Frost & Sullivan and AMIP to host healthcare meeting in Morocco
Frost & Sullivan has co-organized with Moroccan Pharmaceutical Industry Association, AMIP, to host its very first Healthcare Meeting.
IFC, Cluster Solaire support Cleantech start-ups’ ecosystem building in Morocco
IFC and the Cluster Solaire have launched a new Morocco Climate Entrepreneurship Program
Morocco Communal Council association and UEMOA partner to support financial decentralization
The Moroccan Association of Presidents of Communal Councils and the Council of Territorial Communities of the West African Economic and Monetary Union have partnered to support financial decentralization.
Morocco launches new satellite
Morocco has successfully launched a new satellite christened Mohammed VI-B.
[Morocco] Zenata, UNIDO seek to boost operations at eco industrial park
The Zenata Development Company (SAZ) and the United Nations Industrial Development Organization (UNIDO) are joining forces to ensure the sustainability of the Zenata industrial park in Morocco.
Largest Pan African gathering of city and local governments opens in Morocco
The largest pan-African congregation of cities and local governments, the 8th Africities Summit, has opened in Marrakesh Morocco under the theme ‘the transition to sustainable cities and territories.
[Morocco] Alstom welcomes high speed line with modern trains
Alstom will be part of the inauguration of the Tangier-Casablanca high speed line with its very high-speed trains supplied and delivered to the Office National des Chemins de Fer Marocain (ONCF).
Morocco creates mobile money service “m-wallet”
Moroccans can now use their mobile phones to send or receive money and pay for services.
[Morocco] Casablanca’s commercial market shows signs of recovery, report
Casablanca’s commercial sector showed signs of improvement in the first half of the year in 2018, reveals real estate management company JLL.
[Morocco] AfDB approves € 117 million for secure and sustainable access to drinking water
The Board of Directors of the African Development Bank Group has approved a €117 million loan to finance a Project to Ensure the Sustainability and Security of Access to Drinking Water in Morocco.
ECA launches first report on SDG implementation in Maghreb countries
The ECA Office for North Africa has launched the first Report on SDG implementation in Maghreb countries.
2018 DEMO Africa winners announced
DEMO Africa has announced the five winners for the for the 2019 edition of the Lions@frica Innovation Tour in Silicon Valley. The winners were announced after presenting their technologies to the world at the 7th edition of DEMO Africa held in Casablanca, Morocco.
IFC, Al Amana boost access to finance for small businesses in Morocco
IFC, a member of the World Bank Group, is strengthening its partnership with Al Amana, Morocco’s largest microfinance institution, to increase funding for micro- and small-scale entrepreneurs
Philip Morris International recognized as Africa's top employer
Philip Morris International Inc. has been recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.
[Morocco] Vivo Energy renews deal with Injaz Al Maghrib Association
Vivo Energy Maroc and Butagaz brand Liquefied Petroleum Gas, have announced the renewal of its partnership with the Injaz Al Maghrib association during a commitment session to the volunteer program.
UCLG Africa, partners set to host inaugural youth forum in Morocco
United Cities and Local Governments of Africa in collaboration with UN Habitat, UNODC and UNESCO will host the inaugural Youth Forum at the 8th Africities Summit which will take place from November 20-24, 2018 in Marrakesh, Morocco.
Morocco top tourist destination in Africa, survey
According to the July issue of Africa Tourism Monitor 2018, recently published by the African Development Bank, the continent earned $36.2 billion in revenue from 62.9 million international visitors in 2016.
Microsoft Partners with DEMO Africa to empower African startups
Microsoft has teamed up with the Lions@frica initiative of the African Technology Foundation to empower the startups finalists that will be pitching at DEMO Africa 2018.
Morocco receives seven million tourists in seven months
A total of 7 million tourists visited Morocco in the first seven months of 2018, up 7 percent year on year, according to statistics released by the Moroccan Tourism Ministry
Africa50 inaugurates its headquarters in Casablanca
On Friday, the pan-African infrastructure investment platform, Africa50, inaugurated its headquarters in Casablanca
Marrakech emerges key African hospitality hotspot, Cairo next - data
Based on H1 2018 figures from STR, provider of data and analytics for the global hotel industry, Marrakech has emerged as a standout performer among key African cities.
DHL appoints Christelle Fadel to head Morocco business
International provider of air, sea and road freight services, DHL Global Forwarding has appointed Christelle Fadel to lead its business in Morocco.
30 Startups finalists shortlisted for DEMO Africa 2018
DEMO Africa has announced the thirty startup finalists for the 2018 edition of the annual conference. The startups were selected following a few months of innovation roadshows, city tours and virtual adjudication across different countries in the continent.
IFC partners with Gaia Energy to increase wind development in Africa
IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa.
Barbados and Morocco strengthen ties
Barbadian and Moroccan officials have drafted a Memorandum of Understanding (MOU) on technical cooperation aimed at widening the areas in which both countries could collaborate.
[Morocco] Etihad Airways to introduce Boeing 787 Dreamliner to Rabat
Effective 3 October 2018, Etihad Airways will introduce the Boeing 787-9 Dreamliner on its scheduled services from Abu Dhabi to Rabat, capital of the Kingdom of Morocco, replacing the Airbus A330-300 currently serving the route.
[Morocco] SDX Energy receives $10 million credit facility from EBRD
SDX Energy Inc., the North Africa focused oil and gas company has announced that through its subsidiary SDX Energy Morocco Limited, has signed a facility agreement with the European Bank for Reconstruction and Development.
Morocco welcomes review of consumer protection regime
A tailor-made technical assistance project to reinforce the effectiveness of consumer protection law and policy in Morocco has been designed by UNCTAD after a novel voluntary peer review.
IFC, Moroccan Capital Markets Authority promote green bonds
IFC, a member of the World Bank Group, and AMMC, the Moroccan capital markets authority have announced a comprehensive set of guidelines for new financial instruments to address climate change.
GAZ and Africa Motors launch sale of commercial vehicles in Morocco
GAZ, a leading manufacturer of commercial vehicles in Russia, together with Africa Motors (Auto Hall Group), a new distribution partner of GAZ, has started selling a range of commercial vehicles GAZelle NEXT in Morocco.
AfDB approves $116 million loan to Central People's Bank of Morocco
The Board of Directors of the African Development Bank Group has approved a line of credit of 100 million euros for the benefit of the Central People's Bank of Morocco (BCP).
Kenya risk reward score among the highest in Sub Saharan Africa, index
Zimbabwe, Egypt and Ghana are the leaders when comparing their September 2017 risk-reward score with the score from June 2018, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics.
Morocco gets $125m from World Bank in solar tech financing
The World Bank has announced US$125 million in additional support for Morocco’s adoption of innovative solar technology.
AfDB Board approves €200m loan to support Morocco's Agriculture value chains
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive and Sustainable Development of Agricultural Value Chains in Morocco.
[Morocco] International Islamic Trade Finance Corporation extends partnership with Banque Centrale Populaire to support Africa- Arab countries trade
Under the umbrella of the Arab Africa Trade Bridges Program, the International Islamic Trade Finance Corporation has extended its partnership with the Banque Centrale Populaire by signing an agreement
[Morocco] SDX Energy discovers gas at LMS-1 well
SDX Energy Inc., the North Africa focused oil and gas company, has discovered natural gas at its LMS-1 exploration well on the Lalla Mimouna permit in Morocco.
Etihad Airways offers free stopovers to all Economy Class guests from the Middle East, Africa, Pakistan
Etihad Airways is offering one night’s free accommodation in Abu Dhabi to all guests travelling in Economy Class from destinations* in the Middle East, Africa and Pakistan, and stopping over in the nation’s capital.
IFC and Groupe Crédit Agricole du Maroc partner to support Morocco’s farming sector
International Finance Corporation, a sister organization of the World Bank, and Groupe Crédit Agricole du Maroc (GCAM), a major Moroccan bank, have signed an agreement to help farmers and agribusiness companies gain access to modern equipment.
[Morocco] Perry Ellis International enters footwear distribution partnership with Kennek FZE
Global designer of high men and women's apparel Perry Ellis International, Inc. has entered into a license agreement with Kennek FZE to source and distribute a full range of products under the Gotcha® brand.
Competition regulation takes hold in Africa
The top ten economies by Gross Domestic Product in Africa all have active competition regulation, save for Angola and Nigeria but those countries are in the process of establishing completion law regimes, which are expected to be up and running soon.
Maroc Telecom Q1 revenue up 5.6% as Morocco mobile services return to growth
Maroc Telecom's revenues for the first quarter increased to MAD 8.99 billion, up 5.6 percent at constant exchange rates thanks to significant revenue growth in Morocco and at its African subsidiaries.
Vivo Energy Morocco’s Shell Club Fidelity program reaches 500,000 members
Vivo Energy Maroc, the company in charge of the marketing and distribution of Shell brand fuels and lubricants in Morocco and Butagaz brand Liquefied Petroleum Gas, has reached 500,000 members for its Shell Club Fidelity program.
Etihad Airways increases services to Morocco
Etihad Airways, the national airline of the UAE, is boosting its popular services to Morocco to meet increased demand to and from its two gateways in the North African kingdom.
New training academy launched to improve driving and road safety in Morocco
Road accidents remain a major challenge to Morocco’s human, social and economic development, causing more than 3,000 fatalities per year.
South Africa, Kenya and Morocco drive Africa online retail sales, yStats.com report
Online retail sales in Africa accounted for less than one per cent of the global total last year, even though some nations have already undergone a rapid growth period.
Intelcia expands into Madagascar and Mauritius
Karim Bernoussi, Chief Executive Officer of the Intelcia Group, a major player in customer relations, announces the integration of outsourcing sites Outremer Télécom Maurice et Madagascar, which will now conduct business under the Intelcia banner.
[Morocco] Hilton partners with Wessal Capital to build 150 room hotel in Rabat
Hilton will once again be welcoming guests to the Moroccan capital city of Rabat from 2022 after a landmark deal was signed with Wessal Capital.
Morocco ranks top investment destination in Africa for 2017, followed by Egypt, Algeria, Botswana, Cote d’Ivoire - Quantum research
Morocco is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2018 (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab.
Vivo Energy and Resolution Call top the list of best places to work in Morocco for 2018
Vivo Energy, Resolution Call, HPS Worldwide, Webhelp, Teleperformance, Comdata, Hilti, Arval, Masen, Chaabi LLD, Nestle, Promamec, Roche, Nomac were awarded the best place to work in Morocco for 2018.
Currency floatation to boost Morocco’s real estate market, JLL report
Earlier this year, the Moroccan Central Bank introduced the gradual floatation of the Moroccan Dirham, providing more flexibility to real estate investors and paving the way for a more buoyant real estate market in the year ahead.
dLocal expands to Egypt and Morocco
dLocal, a payments technology company is building on the momentum of another year of solid growth with expansions in its boardroom, C-Suite, and roster of regions where its ecommerce customers are uncovering opportunities.
Africa overtakes Japan and Australia as the most preferred destination by Chinese travelers, TravelZoo Survey
Travelzoo® , a global publisher of exclusive offers and experiences for members, is forecasting the largest popularity growth of Africa in 2018 among avid Chinese travelers.
UN Global Compact launches local network in Morocco
The United Nations Global Compact has officially launched its local network in Morocco. A memorandum of understanding was signed between the UN Global Compact, the General Confederation of Moroccan Companies and UNDP Morocco.
[Morocco] SDX Energy discovers gas at Sebou permit
International oil and gas company with principal focus in North Africa has discovered gas at its SAH-2 well on the Sebou permit in Morocco.
Saham Group now a pan African investment fund, sells insurance business to Sanlam
Sanlam, SAHAM’s partner since February 2016, will increase its stake in the capital of SAHAM Group’s insurance subsidiary, from 46.6 per cent to 100 per cent, according to the terms of an agreement recently reached.
Nexteer Automotive announces new production facility in Morocco
Nexteer Automotive, a global player in automotive industry has announced a new production facility in Kenitra, Morocco.
Voltalia receives nod to set up two hydro power plants in Morocco
In parallel to the “Photovoltaica” congress of renewable energies in Marrakech, global power producer Voltalia has announced that it has obtained permits for two hydropower plants of 9.8 MW and 7.2 MW in Morocco.
Honoris United Universities welcomes EMSI and YK Business School to its pan African network
Private pan-African higher education platform Honoris United Universities, says that Ecole Marocaine des Sciences de l’Ingénieur, EMSI, Morocco, and YK Business School, YKBS, Mauritius, formally joined the network as member institutions.
Atradius Collections partners with Morocco company to grow African foothold
International commercial debt collection services company Atradius Collections has expanded its international presence through a cooperation with a local partner in Morocco, Casablanca.
Smoove extends bikeshare scheme to Nigeria
Marrakesh, a pioneering city as regards environmental protection, set up the very first bikeshare scheme in Africa on the occasion of the COP22 that it hosted in 2016.
Thyssenkrupp to open aerospace facility in Morocco
Thyssenkrupp Materials Services is expanding its aerospace network. The global supply chain solutions experts are opening a sales and production site in Morocco.
Morocco, European bank join hands to boost green projects
Morocco and European Bank for Reconstruction and Development (EBRD) signed Wednesday in Rabat a Memorandum of Understanding on green projects financing.
[Ghana] GCB Bank partners with Morocco's largest bank to consolidate transactions in ECOWAS
GCB Bank Limited and Attijariwafa Bank Group, Morocco’s largest financial institution, have signed a Memorandum of Understanding to broaden and consolidate financial transactions in Ghana, ECOWAS and beyond.
Varroc Lighting Systems expands global footprint with new Morocco factory
Varroc Lighting Systems is expanding its footprint as it establishes a manufacturing and product development base in Morocco.
[Morocco] Tourism in Marrakech sees record number in 2017
2017 was a record year for Marrakech’s tourism. For the first time in history, the ocher city crossed the threshold of 2 million tourists welcomed in a year and more than 6 million overnight stays.
Morocco joins the World Bank Treasury Government Debt and Risk Management Program
The World Bank Treasury announced today the addition of two new members, Morocco and Ukraine, to the Government Debt and Risk Management program.
Green Motion expands car rental fleet in Morocco
Green Motion's North African operations in Morocco have announced the introduction of new hybrid models onto their car rental fleet.
Morocco purchases four Dreamliner Planes for $1.1b
The fleet of Morocco’s national airline company Royal Air Maroc (RAM) will be enhanced with the purchase of four 787-9 Dreamliner planes for $1.1 billion.
Etihad Airways announces Casablanca as new Boeing 787 Dreamliner destination
Casablanca will be the first North African destination to be served by Etihad Airways’ next generation aircraft which is fast becoming the backbone of the Abu Dhabi-based carrier’s long-haul fleet.
[Morocco] National Aviation Services launches New Pearl lounges at Marrakech Menara Airport
National Aviation Services (NAS), the fastest growing airport services provider in the emerging markets has launched its Pearl Lounges at the Marrakech-Menara Airport in Morocco reinforcing capacities at the newly renovated airport.
BIOCAD launches plant in Morocco, eyes Senegal, Gabon and Côte d’Ivoire
Russian biotechnology company BIOCAD and Moroccan pharmaceutical company Sothema Labs have announced the launch of medicines derived using the technology provided by the Russian manufacturer into the North African market.
Bombardier signaling technology boosts Morocco rail service
Bombardier Transportation has reached a significant milestone in its rail modernization projects with the Moroccan State Railway, ONCF.
Structural transformation key for rise of North African economies, ECA
The Economic Commission for Africa is focusing on essential components of structural transformation, such as sustainable investment in infrastructures and new industries.
Mercer launches Francophone Africa Hub in Morocco
Mercer, a global consulting leader in health, wealth and career and wholly owned subsidiary of Marsh & McLennan Companies Inc., has announced an expanded footprint as part of an important initiative to strengthen service to the Francophone region of Africa.
Morocco maintains lead in North Africa in latest World Bank Doing Business report
In the World Bank’s 2018 “Doing Business – Reforming to Create Jobs” report, Morocco again ranked number one in North Africa and third overall in the Middle East and North Africa region.
Area9 and Valia partner to advance corporate e learning in North Africa
Area9 Learning and Valia Investments have signed a long-term exclusive partnership to advance adaptive e-learning for corporations in North Africa and Middle East and North Africa region.
World Bank invests $350 million to support financial reforms in Morocco
The World Bank has announced a $350 million program to support wide-ranging reforms of financial intermediation in Morocco.
[Morocco] Air Arabia Maroc launches new service to Agadir
Morocoo’s largest low cost carrier Air Arabia Maroc has launched a new twice weekly scheduled service between Dublin to the Moroccan city of Agadir.
South Africa constitution comes to the fore in North African cargo dispute
At first glance, it might seem unlikely that South Africa’s Constitution could be instrumental in deciding a cargo dispute with its roots in a 40-year-long North African territory deadlock.
Morocco and Algeria among beneficiaries of Gemalto biometric passports
Gemalto, the world leader in digital security, has announced that its advanced epassport technologies are now being used in over 30 different countries including Morocco and Algeria.
IFAW unveils key partnership with Morocco to tackle illegal wildlife trade
With illegal wildlife trade being one of the most serious threats to biodiversity, the International Fund for Animal Welfare and the Moroccan government’s High Commission for Water, and forests are announcing a partnership to strengthen the protection of wildlife and habitats.
Fitch Ratings grants Moroccan reinsurer Societe Centrale de Reassurance Triple A rating with a stable outlook
Moroccan reinsurer Societe Centrale de Reassurance (SCR has been granted by Fitch Rating services local triple A rating (AAA) with Stable Outlook, reflecting its financial soundness and solvency of 202% Solvency Ratio for the year 2016.
Wartsila to supply 22 Megawatts power plant to Morocco
Technology group Wärtsilä is to supply a 22 MW baseload power plant to Morocco’s state utility under an engineering, procurement and construction (EPC) contract.
[Morocco] Sound Energy confirms final approval of Matarka licence
Sound Energy, the African and European focused upstream gas company, is pleased to confirm the final approval of the Matarka licence in eastern Morocco.
Morocco only country in North Africa with low economic risk, Euler Hermes Survey
In its most recent quarterly survey of 250 countries, credit risk insurance specialist Euler Hermes ranked Morocco as the only country in the “low-risk” category in the short and medium term in North Africa, and one of only three in Africa.
Total and Worldline partner with African Fintech InTouch to support deployment of Guichet Unique solutions in eight African countries
Total and Worldline have signed binding technological, commercial and financing agreements with African fintech InTouch.
Morocco secures $25 million loan from the Clean Technology Fund for hybrid solar project
Morocco has received approval for a $25 million loan from the Climate Investment Funds’ Clean Technology Fund (CIF CTF).
EuroMena announces acquisition of Moroccan Retailer, Retail Holding
EuroMena is pleased to announce the acquisition of a minority stake of Retail Holding SA, a leading Moroccan Retailer. Proceeds of the investment will mainly be used to fund the expansion of the Group.
Mauritania collaborates with ECA and Morocco for better national account accuracy
A delegation from the Mauritanian national statistics office has initiated a field trip to its Moroccan equivalent, the High Commission for Planning.
Hotel development in Africa on steady rise, despite challenges - W Hospitality Group survey
Hotel development activity in Africa is still rising in the face of the continent’s economic problems, showing a 13 per cent increase in 2017.
New $350 million program unleashes opportunities for financial sector growth in Morocco
The World Bank has unveiled a $350 million program to support wide-ranging reforms of financial intermediation in Morocco. The operation supports new sources of financing for small and medium enterprises (SMEs) while improving the regulatory oversight of the banking sector.
More inclusive growth and youth employment within reach for Morocco, report
Morocco has an opportunity in the years ahead to boost economic growth and job creation, especially for young people, and to catch up even faster with developed economies by investing in its human capital, modernizing the economy and improving the performance of public institutions.
Africa Legal Network welcomes new members from Algeria, Guinea and Morocco
Africa Legal Network has announced the admission of three new members as part of their strategy to expand into francophone Africa. The new members are based in Algeria, Guinea and Morocco.
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Making money with cryptocurrencies - here's how, financial expert
Cryptocurrency has become especially popular over the last few years, as this is one of the ways of additional, and for some people an even primary source of income. Everything is straightforward: buy cheaper, sell more expensive. As well as an investment in the common currency... read more