Tag: Morocco

The European Investment Bank (EIB).
Hot NewsBusiness

EIB pledges more than $800 million for Morocco in 2026 as investment ties deepen

The EIB commits more than $800 million to Morocco in 2026 to upgrade infrastructure, boost climate resilience, and rebuild quake-hit regions.

Omokolade Ajayi Omokolade Ajayi
Casablanca Port
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How Morocco cut Casablanca Port delays in half to protect African food imports

Morocco cuts Casablanca Port delays in half, streamlining cereal and livestock feed imports to protect regional food security amid rising trade.

Omokolade Ajayi Omokolade Ajayi
Internet and 5G drive subscriber growth.
TechnologyBusinessHot News

Morocco’s telecom revenue rises as faster internet, 5G drive subscriber growth

Morocco's telecom market grew in early 2026 as 5G, fiber, and rising mobile data use offset declines in calls and text messaging.

Omokolade Ajayi Omokolade Ajayi
ONHYM, Morocco.
BusinessHot News

Morocco turns state energy, mining agency ONHYM into joint-stock company

Morocco ONHYM joint-stock company reform boosts investment, financing flexibility and Africa gas pipeline ambitions.

Timilehin Adejumobi Timilehin Adejumobi
South Korea’s Hyundai Rotem.
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Hyundai Rotem wins $487 million deal to maintain Morocco’s electric train fleet

Hyundai Rotem signs a $487.3 million, 20-year deal to maintain Morocco’s 440 electric trains under a major rail expansion program.

Omokolade Ajayi Omokolade Ajayi
Moroccan billionaire Anas Sefrioui
BillionairesBusinessHot News

Moroccan billionaire Anas Sefrioui’s net worth rises $100 million in 24 hours

Anas Sefrioui's net worth climbed to $1.5 billion following a $100 million surge driven by a rally in Addoha housing shares.

Omokolade Ajayi Omokolade Ajayi
Morocco's phosphate boom
BusinessGlobal News

Morocco’s phosphate boom helps shield economy from global slowdown

Morocco's phosphate sector helps offset rising energy costs as OCP expands production amid a global slowdown.

Oluwatosin Alao Oluwatosin Alao
Morocco secures $578 million EIB loan to rebuild after 2023 earthquake
Global NewsBusiness

Morocco secures $578 million EIB loan to rebuild after 2023 earthquake

Morocco secured a $578 million EIB loan to rebuild High Atlas after the 2023 quake, boosting schools, roads and healthcare recovery efforts.

Oluwatosin Alao Oluwatosin Alao
Gas Pipeline
BusinessHot News

Nigeria, Morocco advance $25 billion Atlantic gas pipeline deal

Nigeria and Morocco move toward a 2026 deal on the $25 billion Atlantic gas pipeline linking West Africa to Europe.

Timilehin Adejumobi Timilehin Adejumobi
OCP workers operating at a phosphate production facility in Morocco.
BusinessHot News

Morocco’s OCP raises $1.5 billion in first international hybrid bond

OCP raises $1.5 billion hybrid bond, attracting about $7 billion in orders from global investors across 23 countries.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Nigeria-Morocco $25 billion gas pipeline nears deal as 13 nations join

Africa’s 6,900-km Nigeria-Morocco gas pipeline nears agreement, boosting supply, power growth and exports to Europe.

Omokolade Ajayi Omokolade Ajayi
Axian Telecom’s Oracle deal begins rollout.
TechnologyBusiness

Oracle launches first hyperscale public cloud region in Morocco

Oracle has opened its first hyperscale public cloud region in Casablanca, marking a significant expansion into Africa’s growing market for cloud computing and artificial intelligence.  The move makes Oracle the first hyperscaler to establish a full-scale cloud presence in North Africa, as global technology firms increase investments across the continent. Demand for cloud services and data storage is rising among…

Oluwatosin Alao Oluwatosin Alao