Economy
The Kingdom of Morocco has just forged an unprecedented partnership with the African Development Bank (AfDB). The latter has granted a €100 million loan to the Communal Equipment Fund (CEF), aimed at financing sustainable infrastructure projects under the auspices of local authorities. It's......
In a recent survey conducted by Attijari Global Research, a significant majority of influential investors in Morocco's financial market are foreseeing Bank Al-Maghrib (BAM), the nation's central bank, to uphold its benchmark interest rate at the current level of 3%. The survey, which engaged......
In an era fraught with global tribulations, Morocco has emerged as a paragon of resilience, surmounting economic challenges and distinguishing itself on the world stage. The North African nation's extraordinary economic performance, marked by sturdy growth and a sharp decline in inflation, has captivated......
Morocco's ascent in the latest Human Development Index (HDI) has drawn commendation from the United Nations Development Programme (UNDP), marking a significant advancement for the North African nation on the global stage. Climbing three spots from 123rd to 120th place, this achievement stands as......
In a strategic reorientation, Crédit du Maroc has announced its shift towards focusing on the burgeoning middle class, wage earners, and the small and medium-sized enterprise (SME) sector. This significant move deviates from the bank's traditional emphasis on large corporations, signaling......
Morocco has firmly established itself as Cameroon's primary African trade partner in 2022, showcasing remarkable economic strength by exporting a record-breaking 319,200 tons of goods valued at 70.5 billion CFA francs (approximately 109 million euros). This achievement is highlighted in the latest......
In the midst of widespread economic turmoil across the region, Morocco shines as a beacon of relative stability, as revealed by the highly anticipated Hanke's Annual Misery Index (HAMI) for 2023. This globally renowned index, meticulously curated by esteemed economist Steve H. Hanke, offers a comprehensive......
In Morocco's arid landscapes, the National Agency for the Development of Oasis Zones and Argan Trees (ANDZOA) emerges as a pivotal force for sustainable development and economic empowerment. Under the visionary leadership of Minister Mohammed Sadiki, ANDZOA has orchestrated remarkable progress, resulting......
Morocco is strategically aligning itself with Germany, Europe's economic powerhouse, to propel its renewable energy aspirations forward. With an eye toward a greener future, the North African kingdom is pursuing a "privileged partnership" with Berlin, promising mutual benefits and a sustainable......
Europe's pursuit of clean energy solutions has taken a fascinating turn with Xlinks, a British company, revealing an unexpected twist to its original plans. In addition to its groundbreaking £16 billion project to export renewable energy from Morocco, the company is now considering supplying......
In a significant move poised to bolster Morocco's industrial landscape, German industrial leader Böllhoff, renowned for its expertise in fastening technologies and assembly and logistics solutions, has sealed a partnership agreement to establish operations within Morocco's integrated industrial......
Moroccan institutions, the Caisse de Dépôt et de Gestion (CDG) and the National Office of Railways (ONCF), have cemented a strategic alliance aimed at propelling the nation's economic development through sustainable initiatives. Directors Khalid Safir and Mohamed Rabie Khlie have formalized......
At the heart of Morocco's economic dynamism, a landmark event in Casablanca captured the attention of decision-makers. Citibank Maghreb and Mastercard, two heavyweights in the financial sector, have revealed a promising partnership aimed at propelling corporate expense management into the digital......
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