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JTI earns top employer status in Morocco for fourth consecutive year

Japan Tobacco International (JTI) has once again secured the prestigious title of "Top Employer" in Morocco, marking its fourth consecutive year of recognition. This accolade highlights the company's unwavering commitment to creating a work environment that prioritizes innovation, well-being,......

Morocco's franchise sector surges 25% yearly

The franchise sector in Morocco is experiencing remarkable growth, with a consistent 25% annual increase that has caught the attention of international investors, according to Industry and Trade Minister Ryad Mezzour's announcement in Casablanca on Wednesday. Speaking at the Morocco Franchise Exhibition......

Tomato prices surge in Casablanca as meat costs stabilize

Tomato prices have soared this week at Casablanca's wholesale market, climbing by 1.30 DH/kg to reach 6.80 DH/kg, compared to 5.50 DH/kg the previous week. Other vegetables have followed a similar upward trend. Onions and courgettes recorded price increases of 0.50 DH/kg and 1.50 DH/kg, respectively,......

Morocco aims to expand capital markets with ambitious stock exchange growth plan

Following the successful public debut of irrigation company CMGP, Morocco has unveiled plans to triple the number of companies listed on the Casablanca Stock Exchange by 2035. CMGP's December 2024 initial public offering (IPO) saw its stock value surge 75% post-listing, drawing unprecedented investor......

Morocco's date imports surge as drought strains local palm production

Morocco's date market is experiencing a significant shift as the country increases imports ahead of Ramadan, with Egyptian products dominating local marketplaces. This development comes as Morocco grapples with drought conditions affecting domestic palm date production. Agriculture Minister Ahmed......

Moroccan eyewear brand LNKO secures investment from Egyptian venture fund

A significant cross-border investment has emerged in North Africa's startup ecosystem as Egyptian-based Beltone Venture Capital invests in Moroccan eyewear company LNKO. The investment, while undisclosed, will fuel LNKO's expansion across Africa. LNKO, established in 2020 by Maha Bennani, has......

H&M shifts production to Morocco amid potential US trade barriers

Swedish retailer H&M is strengthening its manufacturing presence in Morocco as part of a strategic response to potential US trade restrictions, according to the company's finance chief. This move represents a significant shift toward regional supply chains, with Morocco positioned as a key production......

Moroccan fertilizer firm OCP secures $300 million through strategic bond issuance

Morocco's prominent fertilizer producer OCP has successfully completed a $300 million bond issuance, furthering its expansion plans and financial strategy. The issuance follows the authorization granted by the company's Board of Directors in December of the previous year and complies with European......

Japanese automotive firms explore Morocco's promising market as gateway to Africa

In a significant development for Morocco's automotive sector, top Japanese automotive companies embarked on a business mission to Rabat, marking an important step in strengthening economic ties between the two nations. The mission, organized by the Japan External Trade Organization in Rabat (JETRO......

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 franchise expo 2025 set to transform African business landscape

The Moroccan Franchise Federation (FMF) is preparing to launch the inaugural Morocco Franchise Expo (MFE), scheduled for February 12-14 at the Casablanca Exhibition Center. This groundbreaking event aims to showcase Morocco's market potential and attract diverse investors from both domestic and international......

Moroccan motorists grapple with fuel price surge

Morocco’s fuel imports have surged to 1.7 million tons, valued at $1.26 billion, marking a 10.8% increase in volume. This rise has led to a noticeable hike in fuel prices across the country, with diesel increasing by 20 cents per liter and gasoline by 16 cents per liter. In Casablanca, the average......

Empowering cooperatives to reshape agrifood systems in the NENA region

A significant meeting organized by the Food and Agriculture Organization of the United Nations (FAO) and the International Cooperative Alliance (ICA) is currently taking place in Casablanca from January 28 to 31. The event is dedicated to empowering cooperatives to transform rural and agrifood systems......

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