Economy
India's Tata Group has secured a significant second contract to supply "LPTA 2445 Defence Dump Trucks" to the Royal Moroccan Army (FAR), marking a milestone in the growing defense collaboration between India and Morocco. This new agreement follows the previous delivery of 90 trucks configured......
Leaders gather in Morocco's economic capital to discuss investment, digital tools, and a united African financial market. Morocco is hosting the Africa Financial Summit (AFIS) for the first time in Casablanca. The two-day event, which began today and will run through tomorrow, brings together over......
The dollar-dirham exchange rate depreciated by 0.57% during the week of November 25 to 29, falling from 10.06 to 10. This marks a significant drop after the pair remained above the 10 dirham threshold earlier in the week, according to a report from Attijari Global Research (AGR). The decline was primarily......
China is increasing investments in Morocco to capitalize on the kingdom's strategic advantages, including its proximity to European markets and access to the African Continental Free Trade Area (AfCFTA). In an analysis by Ahmed Aboudouh, an associate fellow at Chatham House, Morocco is identified......
What makes a city irresistible? Is it the hum of opportunity, the promise of a better life, or the quiet allure of green spaces and clean streets? As Africa’s cities continue to grow, fueled by rapid urbanization, a select few stand out as beacons of opportunity and innovation. Jeune Afrique’s......
BANK OF AFRICA has solidified its reputation as an innovation leader with the launch of the first fully digital and collaborative platform dedicated to Supply Chain Finance (SCF) in Morocco. This groundbreaking solution is accessible to both buyers and suppliers, transforming financial flow management......
Morocco has witnessed an impressive surge in entrepreneurial activity, with over 61,000 new businesses established by August 2024, according to the Moroccan Office of Industrial and Commercial Property (OMPIC). The report highlights a remarkable growth in the business landscape, with a total of 61,178......
Chinese President Xi Jinping has reaffirmed China’s commitment to strengthening bilateral ties with Morocco, underscoring the North African country's pivotal role in advancing the Belt and Road Initiative (BRI). This follows a brief but significant visit by President Xi to Casablanca, where......
Kenitra-Marrakech LGV Project Advances with Gezhouba's Viaduct Deal Morocco's ambitious high-speed rail project connecting Kenitra to Marrakech has taken a significant step forward. The China-based Gezhouba Group has secured a MAD 2.32 billion ($225 million) contract to construct critical viaducts......
Morocco’s cooperation with China under the Belt and Road Initiative (BRI) is set to thrive, with both nations poised to leverage key strategic advantages, according to Abdelkader El Ansari, Morocco's Ambassador to China. In a recent interview with China Daily, El Ansari emphasized Morocco’s......
His Majesty King Mohammed VI has long praised the Nigeria-Morocco gas pipeline, emphasizing its potential to foster African development and improve the living standards of the continent’s population. Morocco is set to begin the process of launching tenders for the pipeline in 2025, marking a significant......
Royal Air Maroc (RAM) celebrated a key milestone today as its latest Boeing 787-9 Dreamliner touched down at Casablanca’s Mohammed V Airport. The arrival of the aircraft, welcomed with a ceremonial water salute, underscores RAM’s commitment to strengthening its global presence. This addition......
Morocco is set to dramatically expand its motorway infrastructure through a comprehensive MAD 7.74 billion ($735 million) investment plan spanning 2025-2027. The initiative aims to add 1,000 kilometers of new highways to the nation's transportation network, strengthening its position as home to Africa's......
