Business Review: Arab Finance Institutions in Morocco, Bilateral Investments with Rwanda, Morocco Agriculture in the Spotlight, and More Tourism Kudos – Jean R. AbiNader

Jean R. AbiNader, MATIC April 20, 2017 While the World Bank Group prepares for its spring meetings in Washington, DC, leaders of Arab financial institutions are meeting in Morocco. Morocco’s annual Agricultural Fair is scheduled for the end of this month. And if you’re in the mood for a vacation without your laptop, don’t miss these eight reasons to go to Morocco. Arab Finance Community Discusses Steps to Support Economic ...

Business Brief: Good News on Morocco’s African Outreach – Jean R. AbiNader

Jean R. AbiNader, MATIC April 7, 2017 Morocco’s leadership in Africa was a dominant news item in recent weeks following King Mohammed VI’s visits to various African countries and the signing of additional bilateral agreements and MOUs. Coverage included the need for greater South-South integration as promoted by the King, updates on the Nigeria-Morocco fertilizer deal, and Morocco’s ranking in the most recent Africa Capacity Report. What’s Not to Like? ...

Energy News in Morocco: Getting Better All the Time – Jean R. AbiNader

Jean R. AbiNader, MATIC April 6, 2017 Morocco’s commitment to derive 50% of its domestic energy needs from renewable sources by 2030 took another giant step forward with the launch of the fourth and last stage of the Noor solar energy facility in Ouarzazate. Unlike the previous three segments, which use CSP technology, this 72MW facility will use the more common photovoltaic process for producing energy. Projected to cost $220M, ...

Soccer in Africa: Morocco seeks to claim a place on the field – Caitlin Dearing Scott

Caitlin Dearing Scott April 4, 2017 Over the course of the past few months, the Kingdom of Morocco has ramped up its sports diplomacy in Africa, part of a broader effort led by King Mohammed VI to expand Morocco’s political and economic engagement on the continent. Morocco’s rejoining of the African Union in January (after a 33-year hiatus) has been the biggest news coming out of this renewed engagement; but ...

Islamic Finance in Morocco Supports Ongoing Growth – Jean R. AbiNader

Jean R. AbiNader, MATIC April 3, 2017 Almost all of the pieces are in place for Islamic finance to start offering products in the second half of 2017, adding yet another sector supporting Morocco as an investment destination. With Europe’s economic recovery still sputtering, the kingdom needs more sources to fund its impressive and ambitious economic development, from supporting consumer-focused enterprises to large-scale industrial projects. This is where Islamic finance ...
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