Economy
The European Investment Bank (EIB) has signed a €70 million financing contract with Morocco’s National Office of Electricity and Drinking Water (ONEE). This significant investment aims to bolster drinking water infrastructure across the nation, particularly benefiting small and medium-sized......
A delegation of economic and institutional representatives from Catalonia, located in northeastern Spain, will undertake a mission to Morocco from May 27 to 29 to strengthen commercial and economic ties with the Kingdom. Organized by the Confederation of Employers of Catalonia (FDT) in collaboration......
Morocco has secured a spot in the top 10 African startup ecosystems, according to the latest Global Startup Ecosystem Index 2025 from American consulting firm StartupBlink. The ranking shows progress for the North African country, but also reveals barriers that still limit growth. Morocco recorded the......
Nigerian President Bola Tinubu has prioritized the $25 billion Nigeria-Morocco gas pipeline as a cornerstone of his administration's initiatives. Senator Jimoh Ibrahim announced this commitment during an executive session of the African Parliament Union held in Casablanca. The ambitious infrastructure......
Casablanca prepares to host Korea's first-ever job fair in Morocco. The event, set for May 25, promises to bridge local talent with Korean enterprises, enhancing bilateral relations. The Korean Embassy in Morocco has announced that the job fair will take place at the Hyatt Regency Hotel from 2:00......
Platts, a member of S&P Global Commodity Insights, has announced significant modifications to its free on board (FOB) Morocco phosphate rock pricing assessment methodology, set to take effect on July 3. This initiative aims to better align with the existing structure of Morocco's phosphate market,......
French newspaper “Le Dauphiné libéré” has hailed Morocco as “the new Eldorado” for automotive manufacturers, highlighting the country's burgeoning automotive sector as a vital pillar of its economy and the leading export industry. Morocco has successfully......
Morocco has established a groundbreaking civil engineering standard for Africa with the perforation of the Al Massira dam, addressing the urgent issue of water stress in the Marrakech region, as reported by the African Development Bank (AfDB). This unprecedented project serves as a model for effective......
Morocco has recently etched its name in the annals of economic history with an extraordinary $14 billion agreement with the United Arab Emirates. This landmark pact promises to significantly reshape the nation’s water and energy landscape, setting a course for sustainable infrastructure development......
Morocco has emerged as a significant hub for large-scale Chinese investments in electric vehicle battery production, prompting critical discussions about its potential for genuine industrialization versus its position as a pawn in the geopolitical rivalry between China and the West. In a recent analysis......
The European Bank for Reconstruction and Development (EBRD) has made a significant move to bolster green finance in Morocco by providing a €70 million loan to Bank of Africa (BOA). This strategic partnership, announced recently, aims to promote sustainable lending practices within the Moroccan private......
British bank Standard Chartered has officially inaugurated a new representative office in Casablanca, Morocco, marking a significant expansion of its operations in the Middle East and North Africa region. This strategic move comes on the heels of receiving a license from Bank Al-Maghrib and the prestigious......
Casablanca’s Technopark will come alive this Thursday, May 15, with innovation as it welcomes a new edition of Le Phare de l’Entrepreneuriat, a key event for young project leaders, startups, students, and innovation stakeholders in Morocco. Organized by ACCEDE Provence Entrepreneurs, a student......
