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Economy



Morocco braces for avocado losses as climate impacts harvest

Moroccan avocado producers are bracing for a significant reduction in harvest volumes for the 2025–2026 season, following successive heatwaves that struck the country in late June and early August. According to estimates from the Moroccan Avocado Association, reported by specialized outlet Freshplaza,......

Moroccan and Nepalese workers to fill labor gap at Serbian Fiat factory

Eight hundred workers from Morocco and Nepal are set to join the Fiat factory in Kragujevac, Serbia, as the company grapples with a labor shortage caused by insufficient local interest in the offered wages. According to Serbian media, this decision aims to address the factory's operational needs......

ONEE unveils $6.18 million hybrid power plant project in El Guerguarat

The National Office of Electricity and Drinking Water (ONEE) has initiated a tender for constructing a hybrid solar-diesel power plant with battery storage in El Guerguarat, marking a significant step in Morocco's renewable energy transition. The project, with an estimated cost of MAD 61.8 million......

Morocco’s customs revenue rises 5.8% in first seven months of 2025

Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......

Morocco launches first Agro Export Day to boost global food trade potential

Morocco will host its inaugural Agro Export Day on November 19, 2025, at the Hyatt Regency Casablanca. Organized by the National Federation of the Agri-Food Industry (FENAGRI), the event aims to elevate Moroccan agro-food exports and highlight the sector’s global competitiveness under the theme:......

Morocco's potato exports rebound with strong growth after five-year slump

Morocco has made a remarkable comeback in its potato export industry during the 2024-2025 season, following five years of declining performance. Between July 2024 and May 2025, the country exported 42,900 tons of consumer potatoes valued at $14.9 million, representing a 5.7-fold increase compared to......

Moroccan banks gain ground as European lenders retreat from Africa

In just two decades, the financial dynamics of sub-Saharan Africa have undergone a seismic shift. European banks, once dominant in the region, are retreating, leaving room for African institutions—led by Moroccan banks—to expand their influence and reshape the landscape of African banking. European......

Morocco’s ONDA launches unprecedented reform to train the next generation of aviation leaders

The Moroccan National Airports Authority (ONDA) has introduced a groundbreaking change by integrating two specialized programs from the Mohammed VI International Academy of Civil Aviation directly into the National Common Entrance Exam (CNC). The programs—Air Navigation Control (CNA) and Electronics......

Société Générale exits Mauritania as French banks retreat from Africa

Société Générale’s latest divestment in Africa A consortium of investors, including Enko Capital and Oronte, has finalized the acquisition of Société Générale’s Mauritanian retail banking subsidiary. Announced on Monday, this move marks......

Morocco rises to fourth place in global blueberry exports

Morocco has achieved a significant milestone in the global blueberry market, climbing from seventh to fourth place in export rankings within a single year, according to Agraria Pe. This rapid ascent reflects the country’s strategic efforts to position itself as a key player in the industry. In......

Morocco’s UCITS net assets decline to MAD 789.77 billion as of August 1

The net assets of Undertakings for Collective Investment in Transferable Securities (UCITS) in Morocco stood at 789.77 billion dirhams (MAD) as of August 1, 2025, reflecting a weekly decline of 0.80%, according to the Moroccan Capital Markets Authority (AMMC). By category, medium- and long-term bond......

Morocco’s industrial sector shows resilience as business climate holds steady

Morocco’s industrial sector maintained a stable business environment in the second quarter of 2025, with most companies reporting normal operating conditions, according to the latest survey by Bank Al Maghrib (BAM). The findings show steady performance across key industries, despite sector-specific......

Morocco’s forsa program under scrutiny for implementation challenges

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......

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