Algeria, Angola, Côte d’Ivoire, and Lebanon added to FATF’s grey list

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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...

Holding Al Omrane projects profit boost to 254 million dirhams in 2025

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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...

CDG Group sets ambitious $4.9 billion investment for 2025 with ‘CAP 2030’ vision

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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...

Morocco’s 1st gigafactory breaks ground in Kénitra: A milestone for electric mobility

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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...
Moov Africa drives subscriber growth as Maroc Telecom tops 80 million users

Maroc Telecom achieves steady revenue with 80 million subscribers in 2024

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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...

ANCFCC’s $1 billion initiative: Aiming for 546,000 new land titles by 2027

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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...
El Bassatine and Chilean San Marcos team up for high-end berry production

Morocco’s agricultural investment surge: $1 billion plan set for 2025-2027

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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...

UN names Ghizlane Benjelloun 2024 personality for her dedication to child well-being

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The United Nations Development System in Morocco has announced Ghizlane Benjelloun as the 2024 UN Personality of the Year, in recognition of her long-standing...

ONHYM unveils bold $90 million investment plan to boost energy sector

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The National Office of Hydrocarbons and Mines (ONHYM) has outlined a substantial investment program amounting to 900 million dirhams (MDH) for the period of...
Government restructures port authority to align with national growth goals

Moroccan ports to handle 89.2 million tonnes of traffic in 2024

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Morocco’s port activity, managed by the Agence Nationale des Ports (ANP), is projected to hit 89.2 million tonnes (MT) in 2024, marking a modest...

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