The Chinese group Shinzoom, specialized in the production of anodes for lithium-ion batteries, is preparing to invest $500 million (5 billion DH) in the Tanger Tech free zone. A large-scale project that will cover 30 hectares.
Public investments in road infrastructure have a positive impact on private investments and, consequently, the Moroccan economy. This is the finding of a study carried out by the Middle East and North Africa (MENA) transport team of the World Bank.
A famous Indian businessman, investment guru, is marrying his fiancée at a hotel in Marrakech.
While Morocco aims to produce 52% of its energy from renewable sources by 2030 compared to 37.6% currently, mainly through investments in solar and wind power plants, the construction of the Noor Midelt I power plant is experiencing huge delays.
The Kuwaiti group Alshaya, which has been in difficulty since the economic crisis due to the Covid-19 pandemic, has entered into negotiations with an American investment company to sell it a stake in the Starbucks franchise it operates in the Middle East, North Africa and Central Asia.
While it wanted to implement its development plan, Columbus Café & Co, the leading chain of coffee shops in France, has decided to leave Morocco. What are the reasons for this departure?
In the perspective of hosting the 2030 World Cup, Spanish and French investors are engaged in fierce competition. But Moroccan giants are not left out.
Algeria wants to compete with Morocco by increasing its investments in the automotive sector. It is trying to regain the ground it has lost in recent years.
After its installation in Casablanca and Mohammedia, Nexans has just announced a major investment in Morocco. In total, at least 200 jobs should be created.
Private investment is plummeting in Morocco. This is at least what the World Bank reveals in its new report on the Moroccan economy.
The investment program of the Moroccan Motorway Company (ADM) should reach more than 8 billion dirhams for the next three years, reveals the report on public companies and establishments (EEP), annexed to the 2024 Finance Bill.
Public investment in Morocco is expected to reach 335 billion dirhams (MMDH) next year, according to the presentation note of the 2024 Finance Bill (PLF). An effort that will help improve living conditions for the population.