The Department of Equipment is continuing to strengthen the national motorway network. After the Casablanca-Rabat continental motorway and the Beni Mellal-Bipôle Fez-Meknes motorway connection project, the ministry is working on studies to define a high-level motorway axis between Tangier and Tetouan-Fnideq. This new infrastructure will strengthen the transport offer of the Tangier metropolis and adjacent cities and support the significant growth recorded in the project area… More

American hotel group Radisson intends to strengthen its presence in Morocco, increasing its portfolio to 25 properties by 2030. “Our priority will be to strengthen our presence in Casablanca and Marrakech,” said Erwan Garnier, Senior Director of Development for Africa at Radisson Hotel Group, in a press release. Radisson currently has 11 hotels in operation and under development in Morocco. “We also plan to establish our presence in the key cities of Rabat, Tangier, Agadir and Fez,” added Erwan Garnier … More

Africa is now proving to be a fertile ground for millionaires and billionaires from around the world. According to a recent report “Africa Wealth Report 2024” by Henley & Partners, total investable wealth in Africa currently stands at $2.5 trillion, while its millionaire population is expected to increase by 65% ​​over the next decade. Some countries stand out, and Morocco is one of them. The “big 5” African markets in terms of wealth are, in order, South Africa, Egypt, Nigeria, Kenya and Morocco. They alone account for 56% of the continent’s millionaires and more than 90% of its billionaires. “Despite a difficult decade, South Africa remains the richest country with 37,400 millionaires, followed by Egypt with 15,600 millionaires. Morocco rises to 5th place with 6,800 millionaires” … More

It is in Marrakech that Gims decided to settle down since 2016. Owner of the villa Dem Dem, a huge property that bears the name of his wife, the Congolese singer now sees things on a (much) bigger scale. According to an article on the specialist website Haute Residence, Gims is preparing to unveil his new real estate project, called Sunset Village Private Residences. A luxury project, valued at one billion dirhams and carried out in partnership with the Horizon Development group… More

News for the titanic project of the Gibraltar Strait tunnel, which is to connect Morocco and Spain. The Spanish government has commissioned the public engineering company Ineco to prepare a new preliminary design for the said tunnel. This document should be delivered by 2026. The final architecture and especially the final route of this major work will depend on its conclusions, indicates the magazine Challenge. “Ineco has been commissioned to update the preliminary design produced in 2007 by the companies Typsa (Spain), Ingema (Morocco), Lombardi (Switzerland) and Geodata (Italy). To achieve its mission, the engineering company will collect and analyze all the technical and economic data necessary for the implementation of the project,” we read… More

Morocco maintains its leading position among Maghreb countries in the field of energy transition. According to the latest index of the World Economic Forum, the kingdom, 65th in the world ranking, is ranked first, followed by Tunisia which occupies 89th place, then Algeria which points to 91st place. Mauritania and Libya are not included in this global ranking. At the level of the MENA region, Morocco comes 5th after Qatar, the United Arab Emirates, Saudi Arabia and Oman … More

The government has set up a five-year plan 2024-2028 for the eradication of the remaining stock of slums, for the benefit of 120,000 households. The new approach of the “Cities without Slums” (VSB) program is based on a pilot experiment carried out at the level of the Skhirat-Témara municipality, involving the participation of the private sector. Thus, the resettlement model that has prevailed until now will give way to a “rehousing” approach targeting apartments qualified as social housing… More

The creation of this composting station is part of Mazagan Beach & Golf Resort’s Corporate Social Responsibility (CSR) policy. By recycling organic and food waste, the resort contributes to preserving the environment while promoting sustainable practices. Composting is a natural process where organic waste, such as food scraps, dead leaves and garden waste, kitchen waste such as coffee grounds or eggshells decompose and are recycled to produce natural fertilizers. This fertile product improves soil quality and promotes plant growth, transforming waste into a valuable resource… More

L’âge moyen des emprunteurs s’établit à environ 39 ans. Concernant la répartition par sexe, les hommes représentent 64,75 % des emprunteurs, tandis que les femmes comptent pour 35,25 %. Le revenu moyen des demandeurs de prêts est d’environ 49.241,51 dirhams mensuels, tandis que le montant moyen de crédit immobilier sollicité se situe aux alentours de 893.853 dirhams. L’apport moyen en fonds propres pour les prêts est de 457.377 dirhams, avec environ 78,69 % des emprunteurs réalisant un apport en fonds propres, indiquant un engagement financier significatif de la part de la majorité des demandeurs. La durée moyenne sur laquelle les MRE choisissent d’emprunter est d’environ 17 ans … More

The ochre city is facing a catch-up in real estate prices, after a decade of stagnation. According to our sources, some neighborhoods have seen their price per square meter double in two years. The post-Covid recovery of tourism has strongly revitalized the market, as have the prospects of the 2030 World Cup and the LGV. For two years, real estate in Marrakech has been on the rise. But an acceleration has been felt since October 2023, according to one of our sources. If the Marrakech professionals contacted on this subject give variable price ranges, which can be explained by the different types of real estate or neighborhoods, all agree that prices in the ochre city have increased significantly and generally …
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