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Economy


Navigating Morocco's Housing Sector: Pricing Paradox Amid Transaction Downturn

In a curious twist of fate, Morocco's real estate market encountered a puzzling dynamic in the first quarter of 2024. While property prices showed a modest upward trend, the volume of transactions sharply declined, casting a perplexing shadow over the sector's dynamics. Data released by Bank......

Growing Economic Ties: 850 Moroccan Companies Thrive in the UAE

Dubai's investments in Morocco have surged to an impressive $2.1 billion over the past decade, signaling a robust deepening of bilateral trade relations. As of the first quarter of 2024, the Dubai Chamber has registered approximately 850 Moroccan companies, with 99 new members joining in just the......

Africa IP GALA 2024 Summit: Forging Pathways to Digital Excellence

In the vibrant city of Marrakech, visionary leaders, industry giants, and technology enthusiasts converged for the highly anticipated Africa IP GALA 2024 Summit, hosted by esteemed Huawei. This prestigious event served as a catalyst for innovation, fostering an environment where ideas were exchanged,......

Morocco's Tech Triumph: GITEX Africa Ignites Digital Dynamism

In the bustling heart of Marrakech, a digital revolution took center stage as the city played host to the second edition of GITEX Africa 2024. This electrifying event, a convergence of tech titans, innovative startups, and forward-thinking investors from over 130 nations, sparked a momentum that pledges......

Sparking Synergies: Asian Powerhouses Ignite Africa's Startup Explosion

Amidst the vibrant pulse of Marrakech, the second day of GITEX Africa 2024 saw a gathering of forward-thinking minds, united in their mission to propel Africa's burgeoning startup ecosystem to unprecedented heights. The 10X Stage, charged with anticipation, served as the arena for a symphony of insights......

Empowering Africa's Rising Stars: Spotlighting Women Entrepreneurs in the Startup Frontier

In the rapidly evolving landscape of Africa's startup ecosystem, a crucial issue demands attention: the glaring underrepresentation of women entrepreneurs and the lack of investment in their ventures. As the continent's entrepreneurial spirit soars, addressing this disparity could unlock unprecedented......

UM6P and Inwi Collaborate to Advance Innovative Entrepreneurship

In a bid to strengthen the entrepreneurial landscape in Morocco, the Mohammed VI Polytechnic University (UM6P) and telecommunications operator Inwi have forged a cooperation agreement aimed at fostering innovative entrepreneurship and bolstering digital startups. The announcement came during the ongoing......

GITEX Africa: Digitalization Fuels Morocco's Socioeconomic Surge

At the much-anticipated GITEX Africa 2024 in Marrakech, Morocco, Ghita Mezzour, Minister Delegate for Digital Transition and Administrative Reform, delivered a captivating keynote address, vividly illustrating the nation's digital renaissance. Mezzour's words resonated with Morocco's steadfast......

Fostering Sustainable Forestry: AfDB Injects Over 850 Million Dirhams into Morocco's Woodlands

The African Development Bank (AfDB) is poised to inject a substantial investment of more than 850 million dirhams (equivalent to 84 million euros) into Morocco's forestry sector. The Board of Directors of the AfDB Group has approved this financing as part of a project aimed at supporting the inclusive......

Royal Air Maroc, CDG Group Partner to Boost Moroccan TravelTech Innovation

Moroccan aviation powerhouses Royal Air Maroc and CDG Group have joined forces in a groundbreaking partnership, igniting a TravelTech transformation within the nation's burgeoning startup ecosystem. This strategic alliance, unveiled on Tuesday, aims to nurture and empower promising Moroccan startups,......