Morocco: Latest News

  • Automotive Industry, Manufacturing Hubs Expand in Morocco

    By Makula Dunbar, 5:28 pm

    Some of the world’s most prominent automotive brands are setting up shop in the Kingdom of Morocco. Last year, French multinational vehicle manufacturer Renault S.A inaugurated a $1.5 billion giant car factory in Melloussa, a small cosmopolitan town close to Tangiers, a commercial city in the northern region of Morocco.

  • Morocco: The New Hot Oil Exploration Territory

    By Ann Brown, 7:00 pm

    Morocco is being looked at as the next new hot place for major oil exploration. In fact, The Herald Sun reports that host of explorers are expected to start exploring Morocco over the next couple of years. “There is nowhere in the world that I know of that is having this amount of drilling activity at […]

  • Spain Increases Business Activities In Morocco

    By Ann Brown, 4:00 pm

    From Global Post King Juan Carlos recently promoted Spanish business activities in Morocco, a country he said is a “very valuable example of openness and stability” thanks to the reforms undertaken by its monarch, Mohammed VI. Juan Carlos inaugurated the Spain-Morocco business forum on the second day of his official visit to the North African […]

  • 3M Restructuring Africa Operations, Looking To Mining, Oil And Gas

    By Dana Sanchez, 2:59 pm

    U.S.-based 3M, maker of myriad consumer products, sees mining, oil and gas as potential industries for future growth in Africa, along with energy and healthcare, according to a report in NewBusinessEthiopia. Already established in Africa for 40-plus years, the company hopes to improve coverage on the continent and accelerate future growth by restructuring its business on the continent […]

  • Luxury Property, Economic Growth on the Rise in Morocco

    By Makula Dunbar, 1:34 pm

    Morocco is turning into another Arabian real estate success story, with a future marked out by better economic growth than most European countries and good relations with both its neighbours and the IMF. Morocco has seen continuing economic growth, improving social indicators and an expanding middle class over the last decade, according to a report fro Aylesford International.

  • Developing A Sustainable ‘Blue Economy’ For Africa

    By Dana Sanchez, 12:06 pm

    Proponents of a sustainable and integrated maritime domain in the waters around Africa say it will be easier to achieve than a United States of Africa, according a report in IndependentOnline. Such a domain would include an exclusive economic zone, key to developing a sustainable “blue economy” for the continent, the report said. Today, each […]

  • Open Data Platform Increases Investor Access To Africa Info

    By Dana Sanchez, 3:53 pm

    African Development Bank’s single-platform collection, analysis and sharing of information on Africa now gives global business leaders and investors access to data on all 54 countries in the continent, according to a report at VenturesAfrica. Users will be able to extract data, create and share customized reports, and visualize data across themes, sectors and countries through tables, charts, and […]

  • IBM Global Delivery Center to Encourage Innovative Tech, Create 400 IT Jobs in Morocco

    By Makula Dunbar, 3:01 pm

    IBM is continuing the make rounds across Africa, most recently launching a project that will benefit Moroccans and the French-speaking community within the continent. Over the next three years, IBM’s Global Delivery Center located in Casablanca will employ 400 IT professionals who will assist in sharpening the region’s systems integration services, application development and maintenance, Trade Arabia reported.

  • Morocco, Algeria Struggle to Ease Political Tension

    By Makula Dunbar, 9:00 am

    An outburst of hostile rhetoric between Morocco and Algeria reflects a historic animosity rooted in irreconcilable differences over Western Sahara.

  • Morocco, Pakistan to Strengthen Trade and Economic Ties

    By Makula Dunbar, 9:50 am

    Morocco wants increased trade relations with Pakistan as the two countries have good potential to promote bilateral trade in different areas, Ambassador of Morocco, Mustafha Salahdine said here on Tuesday. Talking to businessmen at Islamabad Chamber of Commerce and Industry (ICCI).

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