Search Results for: Moroccan

MOROCCO has avoided the chaos suffered by many other Arab countries as a result of the Arab Spring, but while has been tightening its anti-money laundering and combatting the financing of terrorism (AML/CFT) measures, experts say significant reforms are still required.…

The recent start of commercial operations at concentrating solar power (CSP) plants in Africa illustrates the potential for utility-scale CSP to capture an increasing share in the world’s power generation mix.

These plants include the 160 megawatt (MW) Noor 1 in southern Morocco, the foundation of what may become the world’s largest CSP generation site, and the 50MW Khi Solar One in South Africa.…

INCREASING demands on the part of European Union (EU) textile buyers for compliance with environmentally sustainable standards have inspired a major project launched by Moroccan trade groups into improving the practices of the country’s denim industry.

This is called the Moroccan Denim Cluster (MDC), founded in 2014 as an industry association for this segment.…

THE ARAB Spring has certainly been a mixed blessing for North Africa, with political instability as common as progress towards democratisation, and the region’s paint sector has not been insulated from these changes. Sales have swung up and down, with North Africa’s economies performing unevenly as the Arab Spring’s political changes shake out.…

THE STABLE north African kingdom of Morocco is pushing ahead with plans to grow its automotive manufacturing industry, creating a lower-cost hub for supplying nearby wealthy European markets. Indeed, with the Strait of Gibraltar crossing between Morocco and Spain being just over eight miles wide, the Morocco government’s 2014-2020 industrial acceleration policy is clear – it wants to grow its auto sector fast.…

Considered a key player within the cosmetics market in north Africa, Morocco’s colour cosmetics sales holds a market estimated between MAD800 million (Moroccan dirhams) and MAD1 billion (between USD81 and USD102 million). This is according to London-based market research firm Euromonitor International’s Moroccan marketing analyst Houda Bennani.…

China’s new found taste for olive oil is growing, opening up new sales channels for olive oil producing countries and Morocco is one potential beneficiary. Morocco is the fourth largest exporter of olive oil and olives after the European Union (EU), Turkey and Tunisia, currently producing between 100,000 and 120,000 tonnes per year of which 25,000 tonnes are exported.”…

Although Morocco’s garment production industry is well established, supplying giants such as Inditex, it is investing in capacity to compete with Asian rivals and new African competition, such as from Ethiopia and Mauritius.
As part of the 2014-2020 Accelerated Industrial Plan, the Moroccan government has assigned Moroccan Dirham MAD3 billion (USD304 million) for grants between these years for industrial small-and-medium sized enterprises (SMEs) with established supply chains and sales networks.…

THE MOROCCO government is negotiating a strategic industrial partnership with China that could see Chinese investment flow into the Moroccan clothing and textile manufacturing industry. Morocco’s minister of industry, trade, investment and digital economy Moulay Hafid Elalamy is coordinating the Moroccan side in the talks.…

North Africa’s entire paints and coatings market is valued at about USD1.1 billion on approximately 0.5 billion litres of coatings, according to the International Paint and Printing Inks Council (IPPIC). Of this, nearly 60% of the market value and more than 75% of market volume is comprised of decorative paints and coatings, according to data collected for the IPPIC by US-based Orr & Boss Inc.…