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Public and private actors tackle water scarcity in the agriculture sector through policy reform, technology adoption and infrastructure investment
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Global food demand is expected to increase by anywhere between 59% and 98% by 2050. However, global freshwater resources are already overstretched due to climate change and soaring population growth, and it is unclear how agriculture will keep up with these challenges. In recent years climate-induced water shortages in urban areas have brought water scarcity to the forefront of public debate,…

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Morocco seeks to increase tourism's contribution to economy
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Morocco’s geographical variety, combined with favourable weather and its proximity to key European tourist markets, have made it one of the most attractive and competitive destinations in Africa. The country’s status as a preferred location has been strengthened by its consistently stable political and economic situation relative to the region. Like most critical sectors in the Moroccan…

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High health budget in Morocco drives investment in pharmaceuticals and private health facilities
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Morocco has made steady progress on Santé 2025, the quadrennial national strategy for improvement of the country’s health care sector. The kingdom recently inaugurated a number of new public health facilities and is approaching universal health coverage as it extends insurance schemes to self-employed workers and other segments of the population. The private sector has also made significant…

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Morocco's health tech start-ups harness power of digital revolution
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With demand for health care on the rise across the developing world and many governments struggling to keep pace with the changing needs of their populations, a new generation of health tech start-ups is entering the market. Harnessing the possibilities brought about by the digital revolution – notably the expansion of mobile phone penetration, but also emerging disruptive technologies such…

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New framework law in Morocco aims to increase quality and accessibility of education
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In August 2019 the Parliament approved a longawaited education framework law which aims to increase the quality and accessibility of the education system. The new law, officially known as framework law 51.17, puts into motion proposals recommended in its 15-year plan for the education sector, which runs from 2015 to 2030, and includes the recruitment and training of 200,000 new teachers. The…

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Global migration patterns bring challenges and opportunities for the developing world
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As the world’s nations and businesses become increasingly interconnected, so too does the flow of global migration. According to the OECD’s “International Migration Outlook 2018”, in 2017 some 258m people resided in a country other than the one they were born in, and over 5m foreign-born persons were permanently settled in OECD countries. This flow of people not only brings benefits…

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Morocco's new finance law updates tax rates and exemptions
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Finance Law No. 70-19 (FL 2020), relating to FY 2020, was enacted by Dahir No. 1-19-125 on December 13, 2019 and published in Official Gazette No. 6838 bis on December 14, 2019. The provisions of the new finance law should be read in conjunction with the recommendations from the national tax conference that took place in May 2019, as well as the conclusions made by the European Commission that…

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Corporate law in Morocco aligned with international standards
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The following laws form the basis of the Moroccan corporate legislative corpus: the Moroccan civil code, or Dahir (royal decree) des Obligations et des Contrats, of August 12, 1913; Law No. 17-95 on joint stock companies promulgated by Dahir No. 1-96-124 on August 30, 1996; and Law No. 5-96 on limited liability companies, promulgated by Dahir No. 1-97-49 on February 13, 1997. Corporate Law The…

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Helpful travel and cultural information about Morocco
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Language While classic Arabic and Amazigh are Morocco’s official languages, the most widely spoken is the local dialect darija. French is also spoken in business, government circles, schools and universities. It is common to hear people mixing Arabic and French when speaking. Different Berber dialects are spoken in the Atlas Mountains (Rif, Middle Atlas, Anti-Atlas, High Atlas), while Spanish…

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Andreas Wenzel, CEO, German Chamber of Commerce and Industry: Interview
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Interview:Andreas Wenzel How would you describe life in Casablanca for corporate travellers and new residents? ANDREAS WENZEL: Casablanca is a true metropolis with many layers, though at first these are not necessarily easy to grasp for corporate travellers or those who have relocated for business purposes. It is a city that never sleeps, a city that is constantly reinventing itself and therefore…