Economy
Morocco’s ambitious Forsa entrepreneurship program, launched in 2022 with a budget exceeding MAD 1.25 billion ($138.28 million), has come under fire for significant implementation issues, raising doubts about its effectiveness in supporting young entrepreneurs. Intended to provide interest-free......
Morocco’s watermelon exports to France have seen a dramatic rise, increasing by 155% over the past decade, according to new data compiled by COMTRADE and shared by Hortoinfo. In 2015, Morocco exported 23.96 million kilograms of watermelons to France, a figure that soared to 61.13 million kilograms......
Morocco shines in global retirement rankings Morocco has been ranked among the world’s top retirement destinations, securing 24th place out of 44 countries in the 2025 Global Retirement Report by Global Citizen Solutions. The North African nation also stands out as one of the top five retirement......
University Mohammed VI Polytechnic (UM6P), in partnership with key organizations, has launched "Lead," a pan-African initiative aimed at advancing Africa's growth by fostering public policy excellence and institutional development. A collaborative effort for change The initiative, hosted......
Morocco is solidifying its position as a leading fertilizer supplier to India, bolstered by strategic agreements and its commitment to high-quality exports. The country’s state-owned OCP Group, a global leader in the fertilizer industry, has played a pivotal role in meeting India’s agricultural......
Moroccan households saw a modest reduction in their debt burden in 2024, with the average debt-to-income ratio falling to 34%, down from 35% in 2023. The findings come from the 2024 annual financial stability report, jointly published by Bank Al-Maghrib (BAM), the Insurance and Social Welfare Control......
Morocco’s unemployment rate fell to 12.8% in the second quarter of 2025, down from 13.1% during the same period last year, according to figures released by the High Commission for Planning (HCP). This marks the first decline after several quarters of rising unemployment, driven largely by job creation......
Morocco has solidified its position as a leading destination for mining investment, ranking first in Africa and 18th globally in the 2024 Annual Survey of Mining Companies by Canada’s Fraser Institute. This ranking underscores Morocco’s competitive edge in mineral potential and government......
Bank Al-Maghrib (BAM), Morocco’s central bank, concluded 2024 as one of its most profitable years, recording a net profit of MAD 6.46 billion. This marks a 27% increase compared to the MAD 5.1 billion reported in 2023, despite rising operational expenses and economic challenges. Key drivers of......
Moroccans have spent over MAD 15.5 billion ($1.69 billion) on international travel during the first six months of 2025, according to data released by the Moroccan Exchange Office. This figure marks an 8.2% increase compared to the MAD 14.33 billion ($1.56 billion) spent during the same period in 2024. The......
Morocco’s tax amnesty program significantly slowed the growth of cash in circulation in 2024, according to Bank Al-Maghrib’s (BAM) annual financial report. The initiative, launched by the General Directorate of Taxes, reduced the growth rate of banknotes and coins in circulation to 8%, down......
Morocco and Senegal are strengthening their economic partnership, advancing a shared Pan-African co-development vision. Bilateral trade between the two nations surged from $98.5 million in 2010 to $370 million in 2024, underscoring their growing collaboration based on mutual trust, solidarity, and economic......
Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......
