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Finance & Economy

Trade between Morocco and Israel reaches $117 million

Israeli-Moroccan relations are going well and the Economic and Trade Cooperation Agreement between the Government of the Kingdom of Morocco and the Government of the State of Israel seems to be bearing fruit. Indeed, after the re-establishment of diplomatic relations, trade between Israel and Morocco reached 117.11 million euros in …

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AfDB forecasts 1.8% growth in Morocco in 2022

Economic growth is expected to stand at 1.8% in 2022 and 3.3% in 2023, despite the recovery in exports and a partial return of tourists, forecasts the African Development Bank (AfDB). “This development, below its average for 2015-19, is explained by the rise in commodity prices and the delay in …

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Smurfit Kappa sets up its first factory in Morocco

Smurfit Kappa, one of the world’s leading paper packaging players, has announced plans to build its very first factory in Africa, in Morocco, to invest 35 million euros, its first investment in Africa. Located in the region of Rabat, Morocco, the 25,000 m² corrugated cardboard manufacturing plant will provide innovative …

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