A new report by the World Economic Forum has put the spotlight on Morocco’s thriving automotive sector, showing that the North African country’s industrial sector is increasingly becoming a continental trailblazer in terms of intra-African exchanges.

EU TO REOPEN BORDERS TO 15 COUNTRIES

2019 Morocco country report summary

Our regional theme this quarter analyses how Iran has been impacted by the re-imposition of sanctions, lower oil prices and coronavirus (COVID-19). We look at how the country’s relationships will change in the region and internationally, and highlight what we see as we look at beyond COVID-19 to determine risks and potential opportunities.

Morocco’s second largest telecom operator, Inwi, launched mobile payment services becoming the first in Morocco to offer such facilitation to its subscribers.

The French container transportation and shipping company, CMA CGM, is enhancing its shuttle service in Morocco, offering its clients as of Sept.12 a new stopover in the southern Moroccan port of Dakhla.

Morocco’s phosphate industry could capture 80%-90% of global demand by 2030, a huge boost to economic and investment growth, according to industry experts. But the issue of sovereignty in Western Sahara remains a political hurdle to full exploitation of the resource.

RABAT (Reuters) - Renewable energy investor Platinum Power, minority-owned by U.S. private equity firm Brookstone Partners, has teamed up with China’s CFHEC to build a $300 million hydropower plant in central Morocco, it said on Wednesday.

Rabat – Alstom SA, a French company with global operations in rail and tram transport systems, intends to reinforce its presence in Morocco, growing its cabling factory in Fez. This is part of the company’s global strategic plan to consolidate existing operations.

Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million.