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Economy



Morocco's Path to Becoming a Global Leader in Electric Batteries

Morocco is positioning itself to become the world's leading exporter of electric batteries by 2030, according to a recent report from a Belgian journal. This ambitious plan focuses on tapping into the European and American markets, placing the country at the heart of the global transformation of......

OCP Group Achieves Over 69 Billion MAD in Revenue by End of September 2024

The OCP Group has reported robust financial results, with its revenue (chiffre d’affaires) reaching 69.046 billion Moroccan dirhams (MAD) by the end of September 2024. This marks a 13% increase compared to the 61.03 billion MAD recorded during the same period in 2023. The growth was driven primarily......

Morocco's OCP Plans $14 Billion Investment Strategy for 2025-2027

Morocco's state phosphate company OCP has announced an ambitious MAD 139 billion ($14 billion) investment plan spanning 2025 to 2027, marking a significant expansion of its operations and sustainability initiatives. According to a recent report from the Ministry of Economy, the investment will be......

Morocco's Atlantic Initiative: A Strategic Vision for Regional Leadership and Global Integration

Morocco has unveiled an ambitious plan, the Atlantic Initiative, which aims to transform the country into a pivotal hub for regional leadership and global connectivity. This initiative, a strategic vision for the future, seeks to leverage Morocco's unique geographic position and its commitment to......

Morocco's Economic Ascent: Navigating Reforms for Future Growth

Morocco is charting a promising path toward growth and stability, propelled by strategic reforms and key sectors such as automotive and tourism, according to a recent report by Geopolitical Intelligence Services (GIS). These efforts, alongside hosting the 2030 World Cup, are set to enhance Morocco's......

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