Latest news with #Maroc
Zawya
10-07-2025
- Business
- Zawya
UAE firms in talks with Morocco for wind energy projects
Morocco is in negotiations with several UAE companies to launch wind energy projects in its southern provinces in Western Sahara, press reports have said. As part of its ambitious plan to increase renewable energy's share to 52 percent by 2030, Rabat is reportedly negotiating the wind energy projects with Masdar, AMEA Power, and Taqa, the US-based Attaqa website said. The expected investments for wind energy projects in Morocco's southern provinces in Western Sahara, currently under negotiation, range between $8 billion and $10 billion, with a production capacity reaching 5,000 megawatts (MW), it said. According to the report, Western Sahara currently hosts four operational wind stations with a total capacity of approximately 750 MW. These are Tarfaya (300 MW), Aftissat (200 MW), Laayoune (50 MW), and Akhfenir (200 MW). Upcoming projects include Boujdour (300 MW) and Tiskrad (100 MW), the Attaqa report noted. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Yahoo
28-06-2025
- General
- Yahoo
'We must help them': Morocco students get peers back in school
Moroccan student Said Rifai, 15, is on a mission to help his peers pursue education in a country where an estimated 270,000 children drop out of school each year. "We must help them come back," said Rifai, who goes to middle school in Tiflet, a town east of the capital Rabat, and has already helped several of his friends back to school as part of a national youth-led effort. To tackle the problem, which educators and officials warn exacerbates social inequalities and drives poverty, Moroccan authorities offer dropouts a chance back in with support from fellow students. One of Rifai's classmates, Doha El Ghazouli, who is also 15, said that together they had helped several friends return to school "before they abandoned their future". Huda Enebcha, 16, told AFP how she and her friend Ghazouli managed to convince a neighbour to resume her studies. "We helped her review the most difficult subjects, and we showed her videos of some school activities", said Enebcha. "She finally agreed after a lot of effort." To ease the transition back into the education system, the "second chance school" scheme offers some teenagers vocational training alongside remedial classes, with an emphasis on giving former dropouts agency and choice. Hssain Oujour, who leads the national programme, said 70 percent of the teenagers enrolled in it have taken up vocational training that could help them enter the labour force, with another 20 percent returning to the traditional school system. Across Morocco, a country of 37 million people, classrooms are often overcrowded, and the public education system is generally viewed as inferior to private institutions, which charge fees that can be prohibitive for many families. - 'Lend a hand' - Around 250 million children worldwide lack basic literacy skills, and in Morocco, nearly one in four inhabitants -- around nine million people -- are illiterate, according to the UN children's agency UNICEF. Dropout rates tend to be higher in rural and impoverished areas, said Said Tamouh, the principal of the Jawhara School in Tiflet that the students interviewed by AFP attend. An NGO-run "second chance school" nearby has some 110 students, who can sign up for art classes, hairdressing training or classical Arabic language courses. Sanae Sami, 17, who took up a make-up class, said she was "truly" given another shot at pursuing education. "When you leave school, there's nothing for you," she said. "That's why I decided to come back, especially thanks to the teachers at this centre." Hafida El Fakir, who heads the Salam association which runs the school, said that "support and guidance" were key in helping students "succeed and go far". Amine Othmane, a student who had re-entered the system last year with encouragement from his friends, is now helping others. To convince dropouts, he said, "they first have to regret leaving and want to return". Back in school, 18-year-old Aya Benzaki now hopes to achieve her dream of graduating with a diploma, and Jihane Errafii, 17, said she was grateful for the friends who had supported her journey. "I just needed someone to lend me a hand." isb-anr/fka/iba/bou/ami/tc
Arab News
24-06-2025
- Business
- Arab News
Maroc Telecom raises $330 million in bond issuance on local market
RABAT: Maroc Telecom, Morocco's largest telecoms operator, has raised 3 billion dirhams ($330 million) in its first private bond issuance on the domestic market, it said on Tuesday. The bond, with a two-year maturity and bullet repayment, was issued at a fixed rate of 2.37 percent, the company said in a statement. The money will help the company refinance a part of its debt and support its investments in 5G and fiber optic development, it said. Maroc Telecom, which is listed on the Casablanca stock exchange and on Euronext Paris, is 53 percent controlled by the UAE's Etisalat, while the Moroccan state holds a 22 percent stake. Besides Morocco, it operates subsidiaries in Benin, Burkina Faso, the Central African Republic, Chad, Gabon, Ivory Coast, Mali, Mauritania, Niger and Togo.
Reuters
24-06-2025
- Business
- Reuters
Maroc Telecom raises $330 million in bond issuance on local market
RABAT, June 24 (Reuters) - Maroc Telecom, Morocco's largest telecoms operator, has raised 3 billion dirhams ($330 million) in its first private bond issuance on the domestic market, it said on Tuesday. The bond, with a two-year maturity and bullet repayment, was issued at a fixed rate of 2.37%, the company said in a statement. The money will help the company refinance a part of its debt and support its investments in 5G and fiber optic development, it said. Maroc Telecom, which is listed on the Casablanca stock exchange and on Euronext Paris, is 53% controlled by the UAE's Etisalat, while the Moroccan state holds a 22% stake. Besides Morocco, it operates subsidiaries in Benin, Burkina Faso, the Central African Republic, Chad, Gabon, Ivory Coast, Mali, Mauritania, Niger and Togo.
Zawya
10-06-2025
- Business
- Zawya
Morocco's $3bln 'airports 2030' targets 80mln passengers
Morocco has approved a $3 billion plan dubbed 'airports 2030' which aims to increase the number of passengers using its airports to a record 80 million. The plan, outlined by Morocco's Transport Minister Abdul Samad Qayouh in parliament this week, involves expansion of existing facilities and the construction of new airports in preparation for the 2030 FIFA world cup games. Nearly half the targeted number of passengers will be achieved through the $1.5 billion expansion of Mohammed V airport in the Western Atlantic port of Casablanca, Morocco's largest city and business hub. Qayouh told parliament that the plan includes building a second airport in Casablanca, new airports in other cities and expansion of some existing facilities. "The plan is designed to increase the capacity of the country's airports to 80 million passengers in new airport projects and expansions, it also includes upgrading services and the infrastructure,' he said, quoted by Sabah Akadir newspaper and other Moroccan news outlets. Qayouh said the plan also comprises quadrupling the fleet of Royal Air Maroc from around 50 to more than 200 aircraft during 2023-2037. (Writing by Nadim Kawach; Editing by Anoop Menon)
