Economy
Morocco is intensifying efforts to combat water scarcity by ramping up seawater desalination and dam construction projects, aiming to secure an annual desalination capacity of 1.7 billion cubic meters by 2030. These initiatives are part of the National Program for Drinking Water Supply and Irrigation......
Morocco is intensifying efforts to improve energy efficiency within its handicraft industry, aiming to reduce firewood and gas consumption. A new agreement, signed between the Secretary of State for Handicrafts and the Moroccan Agency for Energy Efficiency (AMEE), outlines a strategy to integrate energy-saving......
Egyptian electric mobility company Blu EV, backed by billionaire Naguib Sawiris, has announced plans to invest $100 million in Morocco by the end of 2025. The company, which specializes in converting gasoline motorcycles into electric ones, aims to expand its presence in North Africa as part of its broader......
Germany has reaffirmed its commitment to bolstering bilateral ties with Morocco, emphasizing economic cooperation, diplomatic dialogue, and mutual support on key regional issues. In a phone call on Monday, German Foreign Affairs Minister Johann David Wadephul praised the growing collaboration between......
Rooted in the cultural values of Morocco and shaped by professional experiences abroad, a call for institutional reform and the prioritization of human dignity has emerged as the cornerstone of sustainable development. The philosophy of “the right person in the right place” is often heralded......
Abdellatif Jouahri, Governor of Bank Al-Maghrib (BAM), Morocco’s Central Bank, emphasized the importance of international collaboration in advancing Islamic finance during the 23rd Forum on Islamic Financial Stability held in Rabat. The event, organized by BAM and the Islamic Financial Services......
Morocco's National Airport Authority (ONDA) has initiated a strategic restructuring of its leadership to propel its ambitious "Airports 2030" plan, aimed at modernizing the nation’s airport infrastructure to meet international standards. Leadership restructuring to drive transformation ONDA......
ENGIE North Africa has announced the appointment of Rik De Buyserie as its new Chief Executive Officer, succeeding Loïc Jaegert-Huber. The leadership change signals a strategic pivot toward advancing sustainable energy solutions across the region. A vision for energy transformation De Buyserie,......
Morocco, the world leader in sardine canning, is grappling with an unprecedented crisis that endangers both its industrial foundations and the livelihoods of thousands of workers. The sector, which has long been a pillar of the national economy, is now under severe strain due to structural imbalances,......
Morocco has cemented its position as one of Africa's leaders in public service delivery, ranking 6th in the continent according to the African Development Bank's (AfDB) 2024 Public Service Delivery Index (PSDI). The report underscores Morocco's achievements in socioeconomic inclusion, industrial......
The African Development Bank (AfDB) has approved over €300 million in funding to support Morocco’s economic development and job creation initiatives. The decision, announced by the AfDB’s Board of Directors, aims to strengthen the North African country’s resilience, competitiveness,......
Morocco’s economy demonstrated strong momentum in the first quarter of 2025, with GDP expanding by 4.8%, significantly outpacing the 3% growth recorded during the same period in 2024. According to the High Commission for Planning (HCP), this growth was driven by a rebound in agriculture, robust......
Morocco has reaffirmed its dedication to assisting small island developing states, least developed countries (LDCs), and landlocked nations through its South-South cooperation model. The announcement was made by Abdellah Laghmed, Morocco’s Deputy Permanent Representative to UN organizations in......
