Economy
Morocco's economic outlook remains moderate, but the nation grapples with persistent challenges of inflation and unemployment, hindering its socioeconomic progress, as noted by analysts. According to the Africa Development Bank, GDP growth is expected to increase from an estimated 3% this year to......
Morocco's economy and financial sector are poised for further enhancement, as Rabat and the World Bank affirm their dedication to elevating their partnership. During a meeting between Morocco's Finance Minister, Nadia Fettah Alaoui, and World Bank Vice President, Ferid Belhaj, both parties celebrated......
Optimum Marketing Group has achieved yet another milestone in its illustrious journey, securing its fifth consecutive award for groundbreaking creativity. Following a double triumph at the African Cristal Festival in December 2023, Optimum maintains its winning streak with another accolade at 'Les......
In her recent address at an atomic energy conference in Munich, Germany, Minister of Energy Leila Benali of Morocco articulated a compelling vision for her country's future. She emphasized the crucial role of nuclear power in Morocco's quest for long-term energy security and sustainable development. Morocco......
Morocco's OCP Group has recently finalized three loan agreements totaling $188 million with the African Development Bank and the Clean Technology Fund, marking a significant milestone in its commitment to advancing sustainability through green projects. These loans are earmarked to bolster OCP's......
Morocco stands at the cusp of a renewable energy revolution, poised to emerge as a titan in the field and a significant exporter of green hydrogen to Europe. However, amidst the promise lies a landscape fraught with uncertainties surrounding demand, infrastructure development, and policy support, which......
The recent annual meeting of the International Atomic Energy Agency's African Regional Cooperative Agreement witnessed the Minister of Energy Transition and Sustainable Development, Leila Benali, highlighting Morocco's commitment to utilizing peaceful nuclear applications for driving economic......
In Morocco, the prevalence of shadow labor persists as a significant obstacle to development and societal harmony, warns the president of the country's foremost human rights organization. Amina Bouayach, the head of the National Council for Human Rights (CNDH), raised concerns on Monday during the......
Major infrastructure projects demand meticulous planning and seamless coordination among stakeholders. Signaling a deepening bilateral collaboration in ambitious development endeavors, a delegation from the UK's Infrastructure and Projects Authority (IPA) has embarked on a visit to Morocco this week. Under......
In anticipation of the upcoming holy month of Ramadan, Khouribga province has taken decisive steps to guarantee a consistent supply of essential food items at affordable prices. A coordination meeting, presided over by Abdelhamid Chennouri, the provincial governor, was convened on Thursday to assess......
In a spectacular demonstration of financial strength, Maroc Telecom, the leading force in the Moroccan telecommunications market, has revealed extraordinary results for the fiscal year concluding on December 31, 2023. The company has reported a consolidated adjusted net profit (RNPG) surpassing an astonishing......
The disruptive impact of COVID-19 has heralded a new era characterized by virtual connectivity and digital prowess. Heuda Farah Guessous and Jalal Benbrahim, the innovative minds behind FoodEshow, recognized the potential of harnessing these virtual capabilities to revolutionize traditional models of......
Morocco's strides in fostering entrepreneurship are underscored by recent findings from the esteemed Global Entrepreneurship Monitor (GEM). According to the latest data, the North African nation has ascended five places to rank 30th globally in GEM's evaluation of national entrepreneurial conditions. GEM's......
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