Economy
Morocco’s Mohammed VI Polytechnic University (UM6P) is set to host a symposium on October 27 in collaboration with the Timbuktu Institute – African Center for Peace Studies, celebrating the 60th anniversary of Morocco-Senegal cooperation. The event will take place at the ASARI Campus of UM6P......
Morocco has achieved a historic milestone in its onion exports during the 2024-2025 season, reaching record volumes following the lifting of export restrictions to West Africa. According to data from the specialized platform EastFruit, the country exported 64,900 tons of fresh onions between June 2024......
Morocco’s Tanger Med Port has reaffirmed its stature as one of the world’s most efficient container ports, ranking fifth in the 2024 Container Port Performance Index (CPPI), jointly published by the World Bank and S&P Global Market Intelligence. However, the port has ceded its long-held......
Morocco’s fresh onion exports reached unprecedented levels in the 2024/25 season, following the removal of restrictions that had significantly curtailed trade the previous year. Between June 2024 and May 2025, the country exported 64,900 metric tons of fresh onions valued at $238 million, nearly......
Royal Air Maroc (RAM) has been named the official carrier for the 36th Sao Paulo Biennale, the largest contemporary art event in Latin America. Scheduled from September 6 to January 11, the Biennale will showcase works from artists across Africa, Latin America, and Asia under the theme, “Not all......
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......
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......
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 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......
The Morocco-Nigeria gas pipeline project is progressing steadily, as Rabat hosted a series of high-level meetings this week to advance the ambitious initiative. Representatives from national oil companies, the Economic Community of West African States (ECOWAS), and other stakeholders convened on July......
Morocco will need to invest over $40 billion in the next five years to achieve its national energy objectives, according to Energy Transition Minister Leila Benali. Speaking during an interview with Asharq at the OPEC seminar in Vienna, Benali outlined the country's ambitious energy transition strategy,......
The OCP Foundation marked International Cooperatives Day by reflecting on its decade-long efforts to strengthen rural communities through cooperative development. Operating across 12 regions in Morocco and nine countries in the Global South, the Moroccan organization focuses on empowering farmers and......
Hamza Benabdellah, president of the Fez-Meknes Chamber of Commerce, Industry and Services (CCIS), has been elected vice-president of the Permanent Conference of African and Francophone Consular Chambers (CPCCAF). The announcement came during the organization’s 49th General Assembly, held in Fez,......
