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China-Africa Trade Information Service
Last year marked the latest milestone for Morocco’s continuously expanding automotive sector, as the industry dethroned the phosphate business to become the country’s largest exporting industry.
Last year marked the latest milestone for Morocco’s continuously expanding automotive sector, as the industry dethroned the phosphate business to become the country’s largest exporting industry.
This large-scale project should expedite the electrification of certain countries and support the industrial and agricultural growth of the region, thus enhancing the standard of living for the population.
The minister further added that the government has earmarked MAD 23 billion ($2.3 billion) for the sector in the 2023-2027 period. The budget is dedicated to achieving optimal integration of renewable energies and ensuring a reliable electricity supply to various entities.
According to figures released on Wednesday by the Ministry of Agriculture, the production of dates in Morocco is estimated at 115,000 tonnes for the 2023-24 crop season.
Huayou, a Chinese manufacturer of electric vehicles battery materials, would invest 200 billion dirhams or $20 bln in a plant in Morocco’s region of Laayoune Sakia El Hamra in the Sahara, the regional investment center announced.
Morocco is set to award a new contract for the reconstruction of a new solar plant. The news comes after the country’s renewable energy agency (MASEN) selected a number of companies as potential candidates.
Morocco is the 22nd largest importer of nuts in the world, new statistics has shown. According to the agriculture-focused news website East Fruit, Morocco imported over 20,000 tonnes of nuts in the first four months in 2023.
Morocco exported 73,000 tonnes of mandarins to Canada in the 2022-2023 agriculture season from September to April.According to data from the agriculture-focused website EastFruit, the number accounts for half of Canada’s total mandarin imports from all destinations.