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China-Africa Trade Information Service
OCP Africa announced today a partnership with Kenya’s Ministry of Agriculture and Livestock Development to launch soil mapping exercises for over 100 participants.
Morocco’s Minister of Energy Transition and Sustainable Development Leila Benali shared the recent data in the House of Councillors on Tuesday, emphasizing that the investment budget includes MAD 12 billion dedicated to phosphates.
The consecutive droughts in Morocco negatively affected its water resources. Between 1960 and 2020, the share of water resources per capita fell from 2560 cubic meters to 620 cubic meters, well below the World Bank’s recommended average of 1000 cubic meters.
Minister of Industry and Trade Ryad Mezzour was in Fez yesterday with local industrial operators to sign 10 investment agreements for the region of Fez-Meknes, amounting to MAD 160 million ($15.8 million) and generating nearly 520 direct jobs.
The Fraser Institute’s 2021 annual survey of mining companies ranked 84 mining investment destinations around the world, in a study published last week.
Morocco has spent MAD 307 million ($ 31.3 million) on a special program aimed at supporting transport professionals across the country.
Chinese Citic Dicastal Group has launched construction on its third aluminum manufacturing unit in the Atlantic Free Zone of Kenitra (AFZ) with a budget of MAD 1.8 billion ($192 million).
Morocco's investment rate is among the highest in the world, representing 30% of the country's GDP, whereas the world average is 20%, announced Mohcine Jazouli, Minister Delegate in charge of Investment, Convergence, and Evaluation of Public Policies.
Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, announced on December 27 that the government has allocated an investment budget of up to MAD 21 billion ($2.26 billion) to the National Program of Household Waste (PNDM) by the end of 2021.