Economy
Africa's digital payments landscape is poised for remarkable growth, with projections indicating a surge to $1.5 trillion by 2030, as highlighted in a recent report commissioned by Mastercard and released by Genesis Analytics. Mastercard is spearheading initiatives aimed at enhancing digital adoption......
Tanger Med Port is solidifying Morocco's position as a leader in port operations across Africa and the Mediterranean, as evidenced by its rise to 17th place in the latest global rankings by Alphaliner, which recognizes the top 30 container ports worldwide. In 2024, Tanger Med handled an impressive......
Morocco has officially announced the continuation of its subsidy program for soft wheat imports throughout 2025, a strategic response to the persistent drought that has severely impacted the nation’s agricultural output. The National Interprofessional Office for Cereals and Legumes (ONICL) confirmed......
Moroccan traditional handicrafts exports saw significant growth in 2025, with a 27% increase in the first two months of the year compared to the same period in 2024, totaling exports exceeding 231 million dirhams. This growth trend was particularly strong in January 2025, which saw a 31% increase compared......
In 2024, cement consumption in Morocco saw an increase of 9.4%, driven by the booming construction sector, fueled by rapid infrastructure development and preparations for upcoming international sporting events such as the 2025 Africa Cup of Nations and the 2030 World Cup. In this context, the company......
Morocco has established itself as a crucial partner for Airbus, showcasing significant growth potential in the aerospace sector, according to Wouter Van Wersch, Executive Vice President International at Airbus. In a recent interview with MAP, held during the third Airbus summit on March 24-25 in Toulouse,......
Morocco is now caught in the midst of escalating global trade tensions, reflecting a complex geopolitical landscape. The European Commission has recently imposed significant compensatory duties on aluminum wheel exports from Morocco, a move interpreted by experts as a strategic signal aimed primarily......
A significant US trade mission is set to arrive in Morocco in May 2025, aimed at strengthening collaboration between the two nations in the agri-food export sector. This initiative underscores a shared commitment to enhancing trade and investment ties. Morocco’s ambassador to the US, Youssef Amrani,......
His Majesty King Mohammed VI has appointed Mohamed Benalilou as the new president of the National Authority for Integrity, Prevention, and Fight Against Corruption (INPPLC). With a formidable background in Morocco's legal and judicial systems, Benalilou is poised to enhance the country's initiatives......
The rise of generative artificial intelligence (AI) is profoundly reshaping the workforce landscape. According to a recent article in the Harvard Business Review by Joseph Fuller, Matt Sigelman, and Michael Fenlon, an estimated 50 million jobs will be affected by this technology in the coming years.......
Morocco’s credit rating remains stable at Ba1, as confirmed by Moody’s during its latest review. This rating reflects a complex landscape of strengths and vulnerabilities, highlighting effective governance and a robust domestic financing structure, contrasted with low income levels and risks......
The European Commission has firmly rejected allegations of tax fraud concerning Moroccan tomato exports to the European Union. This decision comes in the wake of concerns raised by Spanish MEP Carmen Crespo, who questioned whether Morocco had exceeded its duty-free export limits. European Commissioner......
In observance of World Water Day 2025, celebrated annually on March 22, the theme this year is "Preserving Glaciers." This initiative aims to shed light on the plight of 2.2 billion individuals globally without access to safe drinking water, urging immediate action to combat the worldwide water......
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