Morocco’s MAScIR Foundation wins Galien Africa Award for top medical technology
The MAScIR Foundation, affiliated with Mohammed VI Polytechnic University, has been awarded the prestigious 2024 Galien Africa Award for best medical technology. The accolade was presented in Dakar by Senegalese President Bassirou Diomaye Faye...
Israel strikes Iran in response to missile attacks
Israel has confirmed that it launched targeted strikes on military installations in Iran early Saturday morning, marking a significant escalation in the already volatile Middle East situation. According to the Israel Defense Forces (IDF),...
Casablanca Finance City to lead global financial alliance in 2025
Starting January 1, 2025, Casablanca Finance City (CFC) will take on the presidency of the World Alliance of International Financial Centers (WAIFC), succeeding Japan’s FinCity.Tokyo. This election, announced at WAIFC’s General Assembly in Japan...
Algeria, Angola, Côte d’Ivoire, and Lebanon added to FATF’s grey list
FATF’s new chair, Elisa de Anda Madrazo of Mexico, acknowledged Lebanon’s severe political and economic challenges and emphasized that its grey-listing should not hinder humanitarian assistance to the country. “FATF does not call for...
Holding Al Omrane projects profit boost to 254 million dirhams in 2025
Morocco’s state-owned real estate giant, Holding Al Omrane (HAO), is on track for a strong performance in the coming years, with projected net earnings of 254 million dirhams in 2025, growing to 318 million...
CDG Group sets ambitious $4.9 billion investment for 2025 with ‘CAP 2030’ vision
Morocco’s Caisse de Dépôt et de Gestion (CDG) is setting an impressive investment goal of nearly 4.9 billion dirhams ($475 million USD) for 2025 as part of its ambitious CAP 2030 strategy, designed to...
Morocco’s 1st gigafactory breaks ground in Kénitra: A milestone for electric mobility
Morocco has officially commenced construction on its first electric vehicle battery Gigafactory in Kénitra, positioning itself as a significant player in Africa’s green mobility sector. Located within the Atlantic Free Zone, this groundbreaking factory...
Maroc Telecom achieves steady revenue with 80 million subscribers in 2024
Maroc Telecom reached a remarkable 79.7 million clients by the end of September 2024, showing a 6.1% increase over the previous year. This growth was driven by strong gains in Morocco’s mobile postpaid sector...
ANCFCC’s $1 billion initiative: Aiming for 546,000 new land titles by 2027
Morocco’s National Agency for Land Conservation, Cadastre, and Cartography (ANCFCC) is set to embark on a 10.63 billion dirhams ($1 billion USD) investment program over the next three years. This initiative, detailed in the...
Morocco’s agricultural investment surge: $1 billion plan set for 2025-2027
The Moroccan government is committing to a major push in agricultural development with a planned 11.23 billion dirhams ($1 billion USD) investment from 2025 to 2027, as outlined in the latest public finance report....