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Economy



Critical Mineral Resources begins drilling at Agadir Melloul copper project

Mining company Critical Mineral Resources PLC (CMR) has announced significant progress at its Agadir Melloul copper project, located roughly 240 kilometers east of Agadir, Morocco. The company has secured new permits, exclusivity agreements, and plans to commence drilling within the next two weeks, marking......

ONEE invests $13.2 million to secure water supply for Greater Agadir

The National Office of Electricity and Drinking Water (ONEE) has launched a critical project aimed at addressing water scarcity in the Souss-Massa region. With a $13.2 million investment, this initiative seeks to secure the drinking water supply for Greater Agadir, aligning with Morocco's broader......

Morocco-Europe shipping route revolutionizes fresh produce logistics

European logistics company Samskip has introduced the Moroccan Reefer Service (MRS), a new weekly maritime line connecting Agadir and Casablanca directly to Thamesport in the UK and Rotterdam in the Netherlands. The service offers a faster, more sustainable alternative for transporting fresh produce......

AMEA Power advances Agadir desalination with wind energy

Dubai-based energy firm AMEA Power has announced its involvement in the second phase of Morocco’s Agadir seawater desalination project, a transformative effort set to make the facility one of Africa’s largest water treatment plants. This expansion will boost the plant’s capacity to......

Moroccan travel spending abroad surges to MAD 15.5 billion in first half of 2025

Moroccans have spent over MAD 15.5 billion ($1.69 billion) on international travel during the first six months of 2025, according to data released by the Moroccan Exchange Office. This figure marks an 8.2% increase compared to the MAD 14.33 billion ($1.56 billion) spent during the same period in 2024. The......

Morocco signs $3.7 billion deal to modernize airports and strengthen aviation sector

Morocco has taken a major step toward transforming its aviation sector with the signing of a $3.7 billion agreement to upgrade and expand the country’s airport infrastructure. The deal, signed by Prime Minister Aziz Akhannouch and the National Airports Authority (ONDA), outlines an ambitious five-year......

Morocco accelerates highway expansion with 1,200 kilometers of new routes

Morocco is advancing an ambitious infrastructure agenda with the construction of nearly 300 kilometers of expressways already underway and plans for an additional 900 kilometers across key regions. The initiative aims to enhance connectivity, drive economic growth, and position the country as a regional......

Morocco launches WE Finance Code to empower women entrepreneurs

Morocco has taken a bold step in promoting women’s economic empowerment through the launch of the WE Finance Code initiative. Spearheaded by Bank Al-Maghrib (BAM), the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), the initiative aims to......

Green economy project empowers Moroccan youth through sustainable opportunities

The GREEN project, a groundbreaking initiative aimed at enhancing youth employability in Morocco's green economy, officially concluded its two-year run on June 12. Spearheaded by EFE-Maroc in collaboration with the Spanish Agency for International Development Cooperation (AECID), the program exceeded......

Green economy project empowers Moroccan youth through sustainable opportunities

The GREEN project, a groundbreaking initiative aimed at enhancing youth employability in Morocco's green economy, officially concluded its two-year run on June 12. Spearheaded by EFE-Maroc in collaboration with the Spanish Agency for International Development Cooperation (AECID), the program exceeded......

Tesla establishes Moroccan subsidiary, signaling Africa expansion

Tesla has officially entered the Moroccan market by creating a local subsidiary headquartered in Casablanca. The move positions Morocco as a key hub for Tesla’s operations in North Africa and a launchpad for its broader ambitions across the African continent. The subsidiary, established on May......

Morocco and Mauritania strengthen pelagic fisheries cooperation for sustainable development

Pelagic fishing, a vital marine resource, serves as a powerful driver for integration and growth among countries along Africa’s Atlantic coast. In this context, Morocco and Mauritania have recently taken a significant step forward in their bilateral cooperation. On June 2 and 3, 2025, in Dakhla......

Morocco’s high-speed rail connecting Casablanca and Tangier

The Casablanca–Tangier High-Speed Line has become a powerful symbol of Morocco’s modernization and progress. Launched in 2018, this pioneering project the first high-speed train service in Africa has revolutionized travel between the country’s major cities and enhanced Morocco’s......

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