Morocco

As a net importer of energy, Morocco is faced with the challenging proposition of satisfying rising local demand while keeping its import bill in check. This has proven problematic as consumption figures and global commodity prices have risen, putting particular pressure on the government’s balance sheet, which has for the better part of two decades help fund generous fuel...

The Moroccan real estate and business park developer MEDZ, a subsidiary of the Caisse de Dêpot et de Gestion (CDG), is working to set up and commercialise three industrial zones in the Oriental region.

Since the announcement of the 2020 Energy Strategy five years ago, followed by the introduction of the 2010 Renewable Energy Law, Morocco has seen a significant increase in interest in clean energy, with the biggest developments in solar and wind, both of which are planned to contribute 14% each (or 2000 MW) to the country’s installed capacity...

Agriculture has always been a major component of the local economy in the Oriental region, historically vying with mining as one of the main revenue earners. However, like several other regions in Morocco, the Oriental has struggled to capture a larger part of the value of local production, often depending on raw exports or subsistence-level...

Although exploration activity in Morocco’s offshore basin has thus far not produced commercial discoveries, a number of oil players have increased their presence in recent times. According to the country’s national oil company, the Office National des Hydrocarbures et des Mines (ONHYM), a total of 27 wells are planned for 2014, of which at...

The landscape of Morocco’s easternmost region, known as the Oriental, is vastly different than it was a decade ago, thanks to an overarching economic development initiative launched in 2003. The region has a number of advantages, with Mediterranean coastline, a fertile agricultural environment in the north, diverse topography and a young...