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Economy


Oncorad Group fosters cooperative sector growth with Ramadan solidarity market

In a demonstration of its commitment to inclusion and sustainable development, Oncorad Group hosted the Ramadan Solidarity Market, which took place from February 24 to 28, 2025, in the gardens of the Holding. According to a statement received by lareleve.ma, this event allowed employees and patients......

Sardine prices spark debate over market regulation in Morocco

A heated debate over fish prices in Morocco has ignited across social media, shedding light on broader concerns about market regulation and affordability, particularly as Ramadan approaches. The controversy began in Marrakech, where Abdolilah, known as Abdo, launched an initiative to sell sardines at......

Morocco's airport traffic soars: A glimpse into ambitious 2035 passenger goals

Morocco's airports processed over 32 million passengers in 2024, with plans to triple capacity by 2035, according to Transport and Logistics Minister Abdessamad Kayouh's report to the House of Representatives. The nation aims to expand its airport traffic significantly, targeting 60 million......

Morocco unveils $9 billion railway modernization plan through 2030

Morocco's ambitious transportation infrastructure plan will inject MAD 96 billion ($9 billion) into railway upgrades by 2030, Transport and Logistics Minister Abdessamad Kayouh announced in Rabat. The comprehensive initiative aims to dramatically expand the nation's rail connectivity while modernizing......

German auto wire manufacturer expands Moroccan footprint with new Agadir facility

German manufacturing company Leoni has inaugurated a new automotive wiring systems factory in Agadir, Morocco, representing an investment of MAD 230 million. The facility, situated in the Souss-Massa industrial acceleration zone, was officially opened on Tuesday under the supervision of Moroccan Prime......

Morocco's strategic inland port project receives $140 million boost

A significant milestone in Morocco's logistics infrastructure development was reached as the Agadir Atlantic Hub dry port project secured a $140 million investment. The groundbreaking protocol agreement was signed on January 20 in a ceremony overseen by Morocco's Head of Government, Aziz Akhannouch. Located......

Canadian Mining Firm Achieves Major Silver Production Milestone in Morocco with $50M Growth Plan

Montreal-based Aya Gold & Silver Inc. has marked a significant achievement by reaching commercial production at its expanded Zgounder silver mine in Morocco, while announcing plans for an additional $50 million investment in the country. The company's new processing plant, which began construction......

Major Oil Discovery off Moroccan Coast Raises Energy and Environmental Stakes

Europa Oil & Gas has announced a significant oil discovery in Morocco's Agadir Basin, with estimated reserves of 1 billion tons within the Inzegane permit area. The discovery site, spanning 11,220 square kilometers near Tarfaya, Sidi Ifni, and Tan-Tan, places Morocco in a strategic position for......

Marsa Maroc Secures €65 Million to Modernize Key Port Terminals

Marsa Maroc, the Moroccan port operator, has secured €65 million in financing from the European Bank for Reconstruction and Development (EBRD) to modernize key port terminals in Morocco. This strategic partnership underscores Marsa Maroc's commitment to enhancing the country’s port infrastructure,......

SGTM Wins $200 Million Final Contract for Kenitra-Marrakech High-Speed Rail Project

Morocco’s new high-speed rail will cut journey times between Tangier and Marrakech from seven hours to just 2 hours 45 minutes by 2029. Morocco’s National Railways Office (ONCF) has awarded the eighth and final lot of civil engineering works for the Kenitra-Marrakech high-speed rail line......

Morocco and Atlas Marine Establish New Maritime Route Linking Agadir and Dakar

Morocco has officially partnered with Atlas Marine to launch a commercial maritime route connecting Agadir to Dakar, marking a significant step in strengthening regional ties and fostering economic integration. The protocol agreement was signed by Karim Achengli, President of the Souss Massa Regional......

Morocco Sets Ambitious Plans for Railway Overhaul to Meet Growing Demand for Clean Transport

The Moroccan government has unveiled a transformative plan to upgrade the nation's railway system, with an investment of MAD 87 billion ($8.7 billion). Transport Minister Abdessamad Kayouh announced this ambitious initiative on Monday, aiming to modernize the network in response to increasing demand......

Morocco Boosts Trade Connectivity with New Maritime Route Linking Agadir to Dakar

In a strategic effort to strengthen trade ties with Sub-Saharan Africa, Morocco has introduced a new maritime route linking Agadir to Dakar. This initiative, spearheaded in partnership with the British company Atlas Marine, aims to provide a faster and more efficient alternative for transporting goods,......