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Keywords: Development
Morocco has added 43,000 new hotel beds over the past two years, bringing its total accommodation capacity to more than 304,000 beds. This milestone reflects the success of the country’s 2023–2026 tourism roadmap, which emphasizes infrastructure development, sector diversification, and expanded......
Morocco’s leading construction firms, SGTM and TGCC, have been awarded a landmark MAD 12.87 billion ($1.29 billion) contract to construct the new terminal at Casablanca’s Mohammed V Airport. The ambitious project, part of the kingdom’s long-term “Airports 2030” strategy,......
Marrakech has strengthened its urban transport network with the launch of next-generation buses, aimed at improving public transit quality and making it more attractive to citizens. The launch ceremony was attended by Khatib El Hebil, Wali of Marrakech-Safi, and Samir Goudar, President of the Regional......
Morocco has significantly strengthened its tourism infrastructure over the past two years, increasing its accommodation capacity by 43,000 beds, according to figures released by the Moroccan Society for Tourism Engineering (SMIT). This growth is part of the national tourism roadmap for the 2023–2026......
ACWA Power and the African Development Bank (AfDB) have signed a $5 billion framework agreement aimed at accelerating large-scale projects in the energy and water sectors across Africa. The deal, finalized during the Africa Investment Forum in Rabat, underscores the urgent need to address Africa’s......
France’s development agency, AFD, has reduced its budget for Africa to €4 billion ($4.703 billion) in 2025, down from €6 billion ($7.054 billion) in 2024, marking a significant shift in priorities amidst broader cuts to the nation’s aid funding. While AFD managed to maintain overall......
Morocco is strengthening its position as a global benchmark in sports infrastructure through a continuous and ambitious modernization program, according to Spanish sports daily Marca. With the upcoming Africa Cup of Nations (AFCON 2025) and the co-organization of the FIFA World Cup 2030 with Spain and......
The French Development Agency (AFD) significantly reduced its financial commitments in Africa in 2025, scaling back its interventions on the continent by nearly one third, according to statements made by its management this week. Despite maintaining an overall investment volume comparable to the previous......
Morocco is on track to register a record year of cooperation with the European Bank for Reconstruction and Development, with new contracts expected to total around one billion dollars in 2025. Greg Guyett, the bank’s first Vice President, highlighted the figure as a sign of the strength of the......