Macron's Morocco Visit Yields €10 Billion in Strategic Agreements
The French President's state visit to Morocco strengthens bilateral ties with significant investments in energy, transport, and technology.
Overview
- Emmanuel Macron's visit to Morocco resulted in over €10 billion in contracts and investment agreements, focusing on energy, transport, and waste management.
- Key transport projects include the expansion of the high-speed rail line between Tangier and Marrakech and a new maintenance site by Safran in Casablanca.
- Agreements in renewable energy involve TotalEnergies and Engie, with plans for green hydrogen production and expanded wind energy capabilities.
- A notable technology deal includes high-speed satellite internet provision across 26 African countries, led by Thales Alenia Space and Panafsat.
- Macron's visit also highlighted diplomatic efforts, as France navigates complex relationships with both Morocco and Algeria, amid regional tensions over Western Sahara.