Tag Archives: MOROCCO

Eurojust-Backed Investigation Leads to Major Crackdown on Drug Trafficking in Norway and Denmark

(IN BRIEF) A cooperative effort between Norwegian and Danish authorities, supported by Eurojust, has resulted in over 1,000 years of prison sentences for 152 drug traffickers, dismantling a major cross-border criminal network. From 2019 to 2024, Eurojust facilitated a joint … Read the full press release

PUMA Celebrates African Heritage with Launch of National Team Kits

(IN BRIEF) PUMA has launched Home and Away kits for Egypt, Côte d’Ivoire, Morocco, Senegal, and Ghana, blending cultural heritage and cutting-edge performance. Each kit reflects national identity, with designs inspired by historical and cultural elements like Egyptian Pharaohs, Moroccan … Read the full press release

University of Liverpool Launches Digital Tool to Preserve Traditional Earth-Building Crafts in Morocco

(IN BRIEF) Researchers from the University of Liverpool’s School of Architecture have developed Heres, a digital, open-access manual documenting traditional earth-building techniques in Southern Morocco’s M’Hamid Oasis. Created in collaboration with local artisans, the manual includes videos, cultural insights, and … Read the full press release

Safran Aircraft Engines Announces New LEAP Engine MRO Facility in Morocco, Enhancing Local Workforce and Capacity

(IN BRIEF) At the Marrakech Air Show 2024, Safran Aircraft Engines announced several agreements with Moroccan partners to establish a new LEAP engine maintenance, repair, and overhaul (MRO) facility near Casablanca Mohammed V International Airport, set to begin operations in … Read the full press release

SUEZ Expands Environmental Initiatives in Morocco with New Agreements in Water and Waste Management

(IN BRIEF) SUEZ has solidified its commitment to Morocco’s environmental goals through four new agreements aimed at enhancing water and waste management infrastructure. These partnerships include two “green landfill” projects in Rabat and Kenitra, which will process waste for biogas … Read the full press release

Stellantis and Dürr Collaborate on Energy-Efficient Paint Shop, Boosting Electric Vehicle Production in Morocco

(IN BRIEF) Stellantis is partnering with Dürr to build an energy-efficient paint shop at its Kenitra site in Morocco, doubling the facility’s capacity for electric and hybrid vehicle production. The plant will utilize advanced technologies like the EcoInCure electric oven, … Read the full press release

Heidelberg Materials Expands in Morocco with Strategic Acquisitions of Asment de Témara and Grabemaro

(IN BRIEF) Heidelberg Materials, through its subsidiary Ciments du Maroc, has acquired controlling stakes in Asment de Témara and 100% of Grabemaro, further strengthening its presence in Morocco’s growing market. The acquisition includes a cement plant, aggregates sites, and ready-mixed … Read the full press release

SGS Celebrates Three Years of Supporting Morocco’s Product Conformity Assessment Program

(IN BRIEF) SGS celebrates three years of supporting Morocco’s Product Conformity Assessment (PCA) program, which ensures compliance with national standards across 419 product categories. The program, launched by Morocco’s Ministry of Industry and Trade, protects consumers and promotes fair competition … Read the full press release

Sand to Green: A Sustainable Oasis in Morocco’s Desert

(IN BRIEF) Sand to Green, a beneficiary of the EBRD Star Venture programme, is making significant strides in combating desertification and promoting sustainable agriculture in Morocco. Founded by Benjamin Rombaut, Gautier De Carcouët, and Wissal Ben Moussa, the company utilizes … Read the full press release

EBRD Literature Prize Shortlist Reflects Diverse Voices from Across Regions

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has revealed the shortlist for the prestigious EBRD Literature Prize, showcasing a diverse array of compelling works from writers across several countries and regions of the Bank’s operation. Selected by … Read the full press release

Iberdrola Secures €300 Million Loan from World Bank’s IFC for Renewable Projects in Fossil Fuel-Dependent Nations

(IN BRIEF) Iberdrola has entered into a loan agreement with the International Finance Corporation (IFC), the private sector investment arm of the World Bank, for €300 million, linked to ESG criteria, to support renewable energy projects in countries heavily reliant … Read the full press release

Majda Lahlou Kassi Takes the Helm as Ericsson’s VP for West Africa and Morocco

(IN BRIEF) Ericsson has announced the appointment of Majda Lahlou Kassi as the Vice President and Head of Ericsson West Africa and Morocco, effective from January 1, 2024. With nearly 25 years of experience at Ericsson, Majda will lead the … Read the full press release

Barry Callebaut’s Sweet Success: One Year of Chocolate Manufacturing in Casablanca, Morocco

(IN BRIEF) Barry Callebaut, a prominent chocolate manufacturer, has celebrated the one-year anniversary of its chocolate and compound factory in Casablanca, Morocco. The factory, established in partnership with Attelli SARL, has become a hub for manufacturing excellence and innovation in … Read the full press release

EBRD Commits €250 Million Recovery Package to Assist Morocco After Devastating Earthquake

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing Morocco with an initial earthquake response package of up to €250 million from 2023 to 2025 to aid recovery efforts in regions of the Atlas Mountains affected by … Read the full press release

EBRD and Morocco’s Ministry of Energy Partner to Advance Green Energy Transition

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Morocco’s Ministry of Energy Transition and Sustainable Development (METSD) have signed a Memorandum of Understanding to collaborate on accelerating the decarbonization of Morocco’s electricity sector. The partnership will focus … Read the full press release

EIB Commits €1 Billion for Morocco’s Post-Earthquake Reconstruction

(IN BRIEF) The European Investment Bank (EIB) has pledged €1 billion for Morocco’s post-earthquake reconstruction program over the next three years. This funding aligns with Morocco’s national recovery program priorities and aims to mobilize a total of €12 billion by … Read the full press release

Siemens and Siemens Healthineers Donate €1 Million for Earthquake and Flood Victims in Morocco and Libya

(IN BRIEF) Siemens AG and Siemens Healthineers have jointly pledged €1 million in immediate assistance to aid earthquake and flood victims in Morocco and Libya. The companies have also encouraged their employees to contribute to the relief efforts, with every … Read the full press release

EIB President Hoyer Offers Condolences and Financial Support to Morocco After Devastating Earthquake

(IN BRIEF) President Hoyer of the European Investment Bank (EIB) expressed heartfelt condolences and solidarity with Morocco following a powerful earthquake near Marrakech with a magnitude of 6.8. In a letter to King Mohammed VI, he offered assistance in rebuilding … Read the full press release

Moroccan SME Neodenim Adopts Sustainable Clothing Production with EBRD Support

(IN BRIEF) Moroccan SME, Neodenim, supported by the European Bank for Reconstruction and Development (EBRD), has adopted more energy-efficient and sustainable clothing production practices. With the installation of new machines, the company now reduces energy, water, and chemical consumption during … Read the full press release

EBRD Extends €50 Million Credit Line to Bank of Africa to Boost Moroccan SMEs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €50 million credit line to Bank of Africa – BMCE Group (BOA) to support micro, small, and medium-sized enterprises (MSMEs) in Morocco. The loan aims to enhance … Read the full press release