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Economy
China is increasing investments in Morocco to capitalize on the kingdom's strategic advantages, including its proximity to European markets and access to the African Continental Free Trade Area (AfCFTA). In an analysis by Ahmed Aboudouh, an associate fellow at Chatham House, Morocco is identified......
The German International Cooperation Agency (GIZ), in collaboration with Morocco’s Ministry of Industry and Trade, has launched an ambitious call for expressions of interest under its "Partnership for Employment" (PPE) program. This initiative, a key aspect of Moroccan-German cooperation,......
China has initiated the construction of a groundbreaking railway line connecting Kashgar, a city in the northwest of the country, with Kyrgyzstan and Uzbekistan. This ambitious project, in planning since the 1990s, involves a total investment of $8 billion and is scheduled for completion by 2030. Stretching......
Morocco’s Parliament has approved the 2025 Finance Bill (PLF 2025) during its second reading. The bill secured 178 votes in favor, with 57 against and no abstentions. Several amendments were introduced and favorably received by the government, reflecting its commitment to economic and social reform. Key......
The World Bank has unveiled an unprecedented commitment to aid the world's poorest countries, raising nearly $24 billion in new funds. This initiative will allow the bank to leverage these resources, unlocking a remarkable total of $100 billion in loans and grants. The goal is to address the pressing......
Supply chain pressures risk stalling growth in a recovering industry Morocco's construction sector is grappling with persistent supply chain disruptions, with 16% of firms reporting significant challenges in sourcing raw materials during the third quarter of 2024. This is according to recent data......
Bitcoin has made headlines by reaching a historic high of USD 103,500 overnight before slightly retreating to USD 101,000 this morning. This surge, marking an impressive 70% increase since October and a 50% rise over the past month, underscores Bitcoin's strengthening position as both a hedge against......
Morocco and the African Development Bank (AfDB) are further solidifying their economic collaboration through strategic investments targeting infrastructure, agriculture, and large-scale projects related to the 2030 World Cup. This strengthened partnership was highlighted during a meeting in Rabat between......
The African Development Bank (AfDB) and Morocco’s Bank of Africa (BOA) have signed a landmark EUR 50 million risk-sharing agreement in Rabat, aimed at enhancing private sector financing and fostering trade across the African continent. The deal was finalized on the sidelines of the Africa Investment......
The World Bank has approved a $70 million loan to advance Morocco’s ongoing social protection reform, aiming to create a more inclusive and efficient system, particularly for vulnerable communities in rural and remote regions. The project, titled the “Morocco Second Identity and Targeting......
The Lobito Corridor is a large-scale infrastructure project that aims to connect Angola's Atlantic Ocean coast to the mining regions of the Democratic Republic of Congo (DRC) and Zambia. This project, which has garnered significant attention, is being promoted by US President Joe Biden during his......
What makes a city irresistible? Is it the hum of opportunity, the promise of a better life, or the quiet allure of green spaces and clean streets? As Africa’s cities continue to grow, fueled by rapid urbanization, a select few stand out as beacons of opportunity and innovation. Jeune Afrique’s......
OCP Group, Morocco's leading phosphate company, is preparing to issue bonds worth MAD 5 billion from December 10 to 12, 2024. This move aligns with the company's ongoing green investment strategy for 2023-2027, which has a substantial budget of MAD 130 billion. The Moroccan Capital Market Authority......
