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Keywords: Development


Btr New Material selects tangier as a strategic industrial hub

The Chinese group Btr New Material Group Co., Ltd., a leading global manufacturer of battery materials, has officially announced its decision to establish a new strategic industrial site in Tangier. This choice underscores Morocco's significant role in the global landscape of advanced industries......

Morocco and UAE forge $13 million energy and water partnership

Morocco is determined to address critical energy and water challenges, leading the way towards strong water and electricity sovereignty. A powerful consortium, including the Mohammed VI Investment Fund, TAQA Morocco, and NAREVA, has formalized three agreements with the Moroccan government and the National......

Spain explores development projects in Morocco's Dakhla

A Spanish delegation from the municipality of La Oliva in the Canary Islands recently visited the southern Moroccan city of Dakhla to assess ongoing development initiatives and infrastructure projects in the region. Led by La Oliva Mayor Isai Blanco Marrero, the delegation found the visit to be highly......

EBRD enhances green finance in Morocco with €70 million loan to Bank of Africa

The European Bank for Reconstruction and Development (EBRD) has made a significant move to bolster green finance in Morocco by providing a €70 million loan to Bank of Africa (BOA). This strategic partnership, announced recently, aims to promote sustainable lending practices within the Moroccan private......

IFAD partners with Bank Al-Maghrib to enhance food security with $150 million bond

The International Fund for Agricultural Development (IFAD) has announced a renewed partnership with Bank Al-Maghrib, Morocco’s central bank, aimed at bolstering food security and supporting rural communities globally. This collaboration is underscored by the issuance of a $150 million sustainable......

Hungary strengthens ties with Morocco through Dakhla visit

Hungary has taken a significant step in bolstering its support for Morocco’s stance on Sahara, as its Ambassador to Morocco, Miklós Tromler, embarked on a three-day visit to Dakhla. This pivotal city in Morocco’s southern provinces serves as a focal point for economic and political......

AFD and OCP forge €350 million partnership for green investment in Morocco

In a significant move towards sustainable development, the France Development Agency (AFD) and Morocco’s leading fertilizer producer, OCP, have solidified their collaboration by signing a €350 million financing agreement aimed at bolstering OCP’s ambitious green investment program. This......

Morocco advances its video game industry with new agreements

Morocco is taking significant strides to enhance its video game industry through two pivotal partnership agreements aimed at fostering sector development in the North African nation. These agreements represent a crucial milestone in the country's ambition to cultivate this promising sector. The......

Aya Gold & Silver secures $25 million loan for Morocco mining expansion

Aya Gold & Silver has secured final approval from the European Bank for Reconstruction and Development (EBRD) for a $25 million secured credit facility. This funding will be directed towards the development of the Boumadine polymetallic project, enhancing the company's financial flexibility as......