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Morocco rises in African startup ecosystem rankings

Morocco has secured a spot in the top 10 African startup ecosystems, according to the latest Global Startup Ecosystem Index 2025 from American consulting firm StartupBlink. The ranking shows progress for the North African country, but also reveals barriers that still limit growth. Morocco recorded the......

BRICS Bank shows interest in Morocco's membership, seeks expansion

The New Development Bank (NDB) of the BRICS coalition is expressing a keen interest in welcoming Morocco as a new member. This information was disclosed by the bank's Chief Operating Officer, Anand Kumar Srivastava, during a recent conference in Rabat focused on government procurement aligned with......

U.S. Tariff Increase highlights urgent need to boost intra-African trade

African economies find themselves at a critical crossroads, faced with the dual pressures of American protectionism and the pressing need for strategic economic realignment. The recent announcement from the U.S. government regarding tariffs reaching up to 50% on imports from 185 countries—51 of......

Morocco's emerging role shapes African economic resilience

A recent UN Trade and Development (UNCTAD) report highlights Morocco's strategic position in Africa's economic landscape while identifying key challenges and opportunities for growth. The 2024 Economic Development in Africa Report emphasizes how targeted reforms and investments could strengthen......

Groundbreaking Morocco-UK power project seeks $29.9 billion for world's longest subsea cable

The ambitious Xlinks Morocco-UK power project, set to become the world's longest subsea cable at 4,000 kilometers, is actively seeking political backing to secure its £24 billion ($29.9 billion) investment plan. The project aims to connect Moroccan renewable energy directly to British homes,......

Morocco ranks second in Africa for renewable energy production

Morocco is making significant strides in renewable energy, emerging as a key player in Africa's sustainable energy landscape. The North African nation's ambitious goals serve as a model for other countries on the continent. A beacon of renewable energy in Africa Morocco is solidifying its position......

Moroccan orange exports surge: Record-breaking success in US market

Morocco's citrus industry has achieved remarkable success in 2024, establishing itself as a key orange supplier to the United States and European markets. After facing significant challenges in 2023, the country's orange exports have reached unprecedented levels. According to East Fruit analytics,......

Strong growth predicted for Moroccan banks amid investments and reforms

Moroccan banks are poised for robust growth in the coming years, driven by favorable economic conditions, significant investments, and ongoing reforms, according to a recent report by Fitch Ratings. The financial sector is expected to maintain strong profitability through 2025 and 2026, as large infrastructure......

Morocco Eyes MAD 12 Billion Export Opportunity in African Markets

Title: "Morocco Eyes MAD 12 Billion Export Opportunity in African Markets"   Morocco's untapped export potential to African markets stands at MAD 12 billion, according to Omar Hejira, Secretary of State for Foreign Trades. Currently, Moroccan exports to Africa represent only 7.6%......

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......

Morocco Launches AfriDou@ne Platform to Enhance African Customs Collaboration

Morocco's Administration of Customs and Indirect Taxes (ADII) has unveiled a groundbreaking initiative aimed at transforming customs operations across Africa. The newly launched "AfriDou@ne" program, a cornerstone of ADII's 2024-2028 Strategic Plan, represents a significant step toward......

Morocco Tops African Nations in Economic Appeal and Stability Rankings for 2024

Morocco has secured its position as Africa's most attractive investment destination, according to the Amadeus Institute's 2024 Africa Attractiveness and Stability Indices. The North African nation achieved a commanding score of 77.45 in attractiveness and 76.04 in stability, placing it first......

Morocco and South Africa Lead African Coal Consumption Amid Energy Transition Challenges

In a recent report, the International Energy Agency (IEA) has highlighted South Africa and Morocco's dominant positions in African coal consumption, with both nations maintaining significant usage despite shifting energy landscapes. South Africa remains the continent's primary coal consumer,......

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