Category Archives: Morocco News

Morocco News

Mövenpick Hotel Mansour Eddahbi Marrakech Returns in Grand Style

The brick red city of Maroc, Marrakech, holds one of the cultural, architectural, and ancient designs revived to suit modern comfort and style. The uniformity the city offers and its amazing market squares of ancient walls and history have drawn lots of visitors and tourists over the years. This makes it less surprising that Mövenpick Hotel Mansour Eddahbi Marrakech has reopened with a spectacular design by Studio MHNA – a Parisian interior designer, which has revived the hotel and transitioned it with a blend of 16th-century style depicting stories of the Saadian dynasty of Maroc. The rebirth of the Mövenpick Hotel Mansour Eddahbi is estimated at around 100 million USD and features modern styles including a fascinating lobby with an oasis, imaginary oasis and water features, fountain, ambient lighting, read more

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Hotel development in Africa keeps on growing – despite challenges

Hotel development activity in Africa is still rising in the face of the continent’s economic problems, showing a 13 percent increase in 2017, according to the annual survey by W Hospitality Group, generally acknowledged as the most authoritative source on the sector’s growth. read more

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Morocco shortlists 5 consortia for 800MW Noor Midelt solar hybrid CSP & PV project

The Moroccan Agency for Solar Energy (MASEN) has shortlisted 5 consortia to bid for the phase 1 of the 800 MW Noor Midelt solar power complex. Noor Midelt is the first complex that specifies hybrid plants including both CSP and PV. Total capacity is expected to reach 400 MW, of which 150 to 190 MW would be provided by CSP with with minimum of 5 hours storage.
The consortiums officially pre-qualified are: read more

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Morocco’s advancing the largest CSP&PV Solar array

With vigor and vision, the government of Morocco is racing toward a renewable energy target of 42% by 2020 under the Moroccan Solar Plan (MSP), which entails an investment of USD 9 billion to achieve 2 GW of solar energy installed capacity by 2020. read more

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Enjeux stratégiques et priorités 2017 du Directeur Financier en Afrique francophone :

Le Directeur Financier renforce son rôle de Business Partner au sein de l’entreprise read more

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Casablanca and Nairobi rank as leading destinations for Fortune 500 companies establishing international headquarters

Overall, there was a 17% increase in the number of Fortune 500 companies in MEA in 2016 compared to 2015, with Johannesburg being the leading destination for Africa read more

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Infomineo reveals rising global interest in the Middle East Africa region from Fortune 500 companies

Overall, there was a 17% increase in the number of companies in MEA in 2016 compared to 2015, with Johannesburg being the leading destination for Africa read more

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OUTLIERZ Opens Application for $50 – 200k Startup Investment Fund.

A new seed investment fund dedicated to providing smart capital to African startups, launches in Morocco. The initiative is led by entrepreneurs, for entrepreneurs, and backed by some of the world’s most famous US and African serial entrepreneurs and angel investors. After three years of hard work connecting entrepreneurs and building a startup community in Morocco on the ground, a team of entrepreneurs has launched this new seed investment firm called OUTLIERZ. read more

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Moroccan and African Youth to Play Vital Role in UN 2030 Agenda for Sustainable Development Goals

2030 Agenda for Sustainable Development Goals

The United Nations Economic and Social Council hosted its 6th Annual Youth Forum, January 30 and 31 for two days of engagement on global youth issues. Moroccan and African youth are expected to play a priority role in the success of the 2030 Agenda for Sustainable Development Goals. read more

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Morocco Accepted Back to the AU: Good or Bad?

Thirty-nine out of fifty-four states of the AU agrees to accept the Kingdom of Morocco back into the AU after the country opted out 33 years ago. Having being named as one of the brightest 50 economies in the world by Bloomberg, it is of no doubt that Morocco is having a very good economic prospect in Africa and also visionary in diverse sectors needed for economic growth by many other African nations. Morocco is the second largest African investor in the continent, and between 2003 and 2013, 51% of its foreign direct investment went to Sub-Saharan Africa, peaking at 88% in 2010. read more

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African Market to Represent 50% of Global Revenue for Moroccan and French Companies By 2022

Sub-Saharan Africa has been identified to be promoting Moroccan and French businesses as a study conducted by BearingPoint and Asmex indicates that Moroccan and French companies have attained a good position and growth level in some Sub-Saharan countries. The study which is titled “Developing in Africa: comparisons of Moroccan and French companies” and the third edition of BearingPoint’s International Development Barometer of international firms, depicts the good performance of about 250 Moroccan and French companies in five major countries across the region – including Algeria, Cameroon, Ivory Coast, Mali and Senegal. read more

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RiskMap 2017. Afrique de l’Ouest : La « nouvelle normalité » ne se fera pas sans heurt

  • Les nations africaines en lice pour émerger en tant que passerelles commerciales pour les investissements étrangers directs offrent des opportunités, mais aussi des menaces inconnues pour les entreprises
  • Facteurs macroéconomiques : le faible prix du pétrole et le sentiment économique mondial seront les principaux moteurs de l’instabilité au sein du continent.
  • L’incertitude politique intérieure d’un certain nombre de nations d’importance constituera un risque beaucoup plus grand pour les entreprises présentes sur le continent que l’effet de la géopolitique internationale
  • Les entreprises africaines resteront vulnérables et risqueront de ne pas accorder aux risques de cybersécurité la même valeur que ceux associés à la sécurité physique ou aux menaces politiques
  • Les entreprises réagiront comme des arches (orientation défensive sur les principaux marchés), des requins (ciblage des nouvelles opportunités) ou des baleines (en devenant trop importantes pour faire faillite)
  • La meilleure gouvernance a amélioré le climat des affaires, mais rien ne se déroule sans accroc

L’instabilité macroéconomique alimentée par le faible prix du pétrole et le sentiment économique mondial continuera d’être le principal moteur des risques commerciaux dans toute l’Afrique de l’Ouest en 2017. L’amélioration de la gouvernance et l’intégration de certaines normes et pratiques démocratiques limiteront le potentiel de détérioration, mais des défis persisteront. Les cyberattaques progressent. Les entreprises deviendront de plus en plus vulnérables jusqu’à ce que l’impact des risques cybernétiques sur leurs activités et leur réputation soit envisagé, comme le sont les effets des risques politiques et de sécurité. Voici quelques-uns des principaux thèmes du rapport annuel prévisionnel sur les risques politiques et commerciaux « RiskMap 2017 », publié par Control Risks (www.ControlRisks.com), cabinet de conseil spécialisé dans le domaine des risques. read more

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Inner Dimesions of Climate Change Unveiled by GPIW during COP22

Photo Credit: Reinhold Mangundu.

Photo Credit: Reinhold Mangundu.

Every year parties of the UNFCCC meet to dialogue on several protocols regarding climate change and carbon reduction. This year, a new noesis of climate action was unveiled by the Global Peace Initiative of Women (GPIW) in Marrakech, Morocco. Termed as the “Inner Dimensions of Climate Change,” the concept sees purity from the heart as the means to harmonize humanity with Mother Earth. Other aspects of the inner dimension of climate change included preservation of indigenous knowledge and also the role of spirituality in solving the climate crisis. read more

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PI Berlin and IRESEN join forces to promote PV in Morocco

Dr. Paul Grunow, Co-founder and Board Member of the Photovoltaik Institut Berlin (PI Berlin) and Mr. Badr Ikken, General Director of l’Institut de Recherche en Energie Solaire et Energies Nouvelles (IRESEN) signed a cooperation agreement at the COP 22 climate summit in Marrakech, Morocco. The agreement defines a partnership to consolidate the engineering expertise of the two institutes to provide technical consulting services for solar PV projects in Morocco. read more

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