Tag Archives: Morocco
National Support Workshop for the implementation of the economic dimension of decentralization in Morocco
The purpose of the study is to develop a methodology offering the opportunity to the local governments of Morocco to have at their disposal a local economic development steering tool for the promotion of economic activities and employment
Two delegations of Moroccan businessmen are expected in Gabon within the next few weeks
On the 14th and 15th of September, in Rabat, Morocco, Moroccan and Gabonese economic players are attending the Morocco-Gabon Forum 2017 whose main purpose is to contribute to the consolidation of economic and trade exchanges between Libreville and Rabat. Gabon shared its desire to see Morocco become a special business partner and establish their relationships as a model of South-South cooperation. Gabon wishes to invest $21 billion in the years ahead to upgrade its infrastructures and support diverse poles of growth away from oil industry.
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,
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:
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.
Africa presents a mixed foreign direct investment (FDI) picture – EY Africa Attractiveness report. Egypt, Kenya, Morocco, Nigeria and South Africa (the key hub economies) collectively attracted 58% of the continent’s total FDI projects in 2016. Investment from the Asia-Pacific region into Africa hit an all-time high in 2016. According to EY’s (http://EY.com) latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.
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.