Tag: Morocco

News

Morocco to expand airport capacity ahead of 2030 World cup

Morocco plans to increase its airport capacity to 80 million passengers by 2030, up from the current 38 million, as announced by Prime Minister Aziz Akhannouch during a parliamentary session. This initiative is part of the country’s preparations to co-host the 2030 FIFA World Cup with Spain and Portugal, and is also aimed at boosting […]

Nigeria, Morocco speed up talks on $30bn gas pipeline
Oil and Gas

Nigeria, Morocco speed up talks on $30bn gas pipeline

The Federal Government has stepped up talks with the Kingdom of Morocco in an effort to expedite the process of reaching a Final Investment Decision on the $30 billion Nigeria-Morocco Gas Pipeline. According to The PUNCH, both countries discussed the agreement on the sidelines of a meeting between the Minister of State for Petroleum Resources, […]

Business

Morocco tops Africa in business-friendly ranking

Morocco stands out as the country with the highest Open for Business score of 58.0, placing it in 31st place worldwide. According to a United States News and World Report report, Africa is becoming a more popular destination for entrepreneurs as the world’s attention is drawn to the continent’s developing economies. The report also reveals […]

Banking

Union Bank, Morocco’s Attijariwafa partner to boost cross-border trade

Union Bank of Nigeria has entered into a partnership agreement with Morocco’s Attijariwafa Bank in order to support their shared vision for Pan-African development. With this business partnership, Union Bank which happens to be one of Nigeria’s oldest financial institutions, seeks to reach a wider audience outside of the country. Customers of Union Bank in […]

Nigeria, Morocco commence 5,600km gas pipeline project
Oil and Gas

Nigeria, Morocco commence 5,600km gas pipeline project

Nigeria and Morocco have formally commenced the construction of the long-awaited 5,600km Nigeria-Morocco Gas Pipeline project. A Memorandum of Understanding was signed to that effect by the Nigerian National Petroleum Company Limited and the Office National des Hydrocarbures et des Mines of Morocco on Thursday. According to The PUNCH, the NNPC disclosed that the signing […]