Economy
Morocco’s annual inflation rate dropped to 0.3% in August 2025, down from 0.5% in July, marking the lowest rate since April 2024, according to the High Commission for Planning (HCP). This reflects an ongoing easing of price pressures, despite notable increases in specific consumer costs. Consumer......
Morocco’s cost of living experienced a modest decline in May, providing temporary relief to households following months of price instability. However, year-on-year inflation continues to weigh on budgets, highlighting the ongoing financial strain faced by many families. Monthly dip driven by food......
Africorp Mining has successfully acquired an international tender issued by Morocco’s National Office of Hydrocarbons and Mines (ONHYM) for the operation of the Naour copper deposit in the Beni Mellal province. This significant project involves a total investment exceeding MAD 230 million (approximately......
The recent decisions made by the Trump administration to drastically reduce funding for foreign aid through USAID are poised to have significant implications for humanitarian and economic development in Morocco. With the administration cutting over 90% of its foreign aid contracts and grants, various......
The High Commission for Planning (HCP) has unveiled the findings of its National Household Living Standards Survey, conducted between March 2022 and March 2023. Based on data from 18,000 representative households across Morocco's regions and socioeconomic groups, the study highlights a structural......
In a significant step toward bolstering Morocco's higher education sector, the African Development Bank (AfDB) Group's Board of Directors has approved a staggering €120 million financing package. This financial injection will fuel the ambitious "Support Program for the Transformation......
