Economy
Morocco’s natural gas imports fell by 15.0% year‑on‑year in the first quarter of 2026, bringing volumes to 1.98 terawatt‑hours over the first three months of the year, according to data from the Washington‑based energy platform Attaqa. While the quarter began with a notable year‑on‑year......
Fuel prices in Morocco declined on May 1, marking the first drop after several months of continuous increases. Across multiple service stations, diesel prices fell by about one dirham per liter, while gasoline recorded a slightly larger decrease of around 1.10 dirhams. Average prices now stand near 14.50......
Attijari Payment and Africa-Exchange signed a partnership agreement on April 28 in Casablanca to accelerate electronic payment adoption in Morocco's currency exchange sector. The deal targets manual foreign exchange operations and currency transactions handled by Africa-Exchange, an economic interest......
UnionPay International has officially obtained Casablanca Finance City status for its Morocco branch, formally establishing the country as the Chinese payment network's regional headquarters for financial services across Africa. The company confirmed the designation in a press release issued Tuesday,......
Morocco’s Tanger Med Group closed 2025 with consolidated revenue of 13 billion dirhams, marking a 16 percent increase from the previous year. The growth reflects sustained performance across its core sectors, including port operations, logistics, industrial zones, and services. At the center of......
A new partnership in Morocco is targeting the gap between job seekers’ skills and the evolving needs of the healthcare sector. The initiative, known as the Promotion of Employment for the Health Sector program, aims to align training with labor market demand and improve job access for young people. The......
A partnership-driven initiative in Morocco is addressing a persistent mismatch between job seekers’ skills and the evolving needs of the healthcare sector. The project, known as Promotion de l’emploi pour le secteur de la santé, or PEPS, aims to strengthen employability among young......
The city of Casablanca is set to host the inaugural edition of MAB Expo, a new trade fair dedicated to professionals in the woodworking and aluminum sectors. Scheduled from April 24 to 26 at the ICEC exhibition park, the event aims to bring together key players in a rapidly evolving industry. Organized......
Morocco will host the first edition of Industrial Transformation Africa from September 29 to October 1, 2026 in Casablanca. The event is designed as a major international platform to accelerate industrial development across the continent and connect African industries with global innovation ecosystems.......
Insurance leaders and technology innovators gathered in Casablanca for the fourth edition of the African Insurance Awards, where industry players outlined the sector’s trajectory for the next decade across the continent. The event, held at the Hyatt Regency Casablanca, brought together companies,......
Tanger Med, Africa's largest container terminal, is preparing for a potential increase in ship calls as escalating tensions in the Middle East prompt major shipping companies to reroute vessels. Idriss Aarabi, the port’s director general, told Reuters that the port is taking steps to prevent......
Casablanca continues to reinforce its position as a leading financial hub in Africa, according to the latest edition of the Global Financial Centres Index (GFCI). The Moroccan city ranked 49th globally among 120 financial centers, gaining seven places over the past year. This progress highlights......
Allianz Trade has appointed Francis Jespers as CEO for Morocco effective March 1, 2026. He succeeds Stéphane Rutili, who is retiring after a distinguished career with the group. Jespers currently serves as Program Director for Northern Europe at Allianz Trade. He brings over 30 years of international......