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Economy



Moroccan real estate firm EKTAR secures $100 million for luxury housing project

EKTAR, a leading Moroccan real estate investment firm, has successfully raised over MAD 1 billion ($100 million) in its inaugural fundraising round, partnering with family offices and institutional investors. The funds will be used to develop a premium residential project featuring ELIE SAAB-branded......

Morocco sets record with 1,200 tons of lemon exports to UK

Morocco has achieved an unprecedented milestone in its lemon exports to the United Kingdom, shipping 1,200 tons between November 2024 and August 2025. This record-breaking achievement, valued at MAD 9.6 million ($920,000), reflects a 40-fold increase compared to the previous season, according to EastFruit.......

Morocco’s grapefruit exports soar as Canada’s demand drives record growth

Morocco has achieved a remarkable milestone in the global grapefruit market, doubling its exports to Canada to 1,500 tonnes and generating $1.67 million during the 2024–2025 season. This success solidifies Morocco’s growing presence in a market that has been in long-term decline. According......

Morocco ranks among Africa’s top 5 investment destinations, says RMB report

Morocco remains one of Africa’s most attractive investment destinations, according to the Where to Invest in Africa 2025/26 report released by South Africa’s Rand Merchant Bank (RMB) on Monday. The North African nation secured a spot in the continent’s top five economies for investors,......

Cape Winelands Airport project set to transform South Africa’s aviation landscape

South Africa is advancing plans to construct its second-largest airport just outside Cape Town, with the Cape Winelands Airport project marking a significant milestone in the nation’s infrastructure expansion. The development, estimated at $430 million (approximately R8 billion), is slated to begin......

Moroccan cities rise among Africa’s most expensive rental markets

Morocco’s leading urban centers are gaining prominence as some of Africa’s priciest rental markets, underscoring significant shifts in the continent’s housing dynamics. Recent data from Numbeo, a global cost-of-living database, places three Moroccan cities among the 20 most expensive......

Tanger Med loses top spot in Africa but remains a global maritime leader

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 ranks fifth in Africa for active data centers

Rabat, Morocco – Morocco has climbed to fifth place in Africa for the number of active data centers, according to a report by Heirs Technologies. With eight operational data centers, the country shows a growing digital capacity driven by targeted investments and expanding connectivity. The 48-page......

Morocco solidifies position as Africa’s 4th largest importer of Chinese solar panels

Morocco has emerged as a leading player in Africa's renewable energy landscape, ranking as the continent’s fourth-largest importer of solar panels from China. A new report highlights the country’s dedication to achieving its renewable energy targets, reinforcing its global reputation......

Morocco rises as Africa’s third wealthiest nation with 7,500 millionaires

Morocco has solidified its position as the third wealthiest nation in Africa, boasting approximately 7,500 millionaires, according to the Africa Wealth Report 2025 by Henley & Partners in collaboration with New World Wealth. This achievement highlights the country’s economic resilience and......

Morocco leads African retirement destinations with affordable living and streamlined visas

Morocco shines in global retirement rankings Morocco has been ranked among the world’s top retirement destinations, securing 24th place out of 44 countries in the 2025 Global Retirement Report by Global Citizen Solutions. The North African nation also stands out as one of the top five retirement......

UM6P spearheads pan-African initiative to drive Africa’s transformation

University Mohammed VI Polytechnic (UM6P), in partnership with key organizations, has launched "Lead," a pan-African initiative aimed at advancing Africa's growth by fostering public policy excellence and institutional development. A collaborative effort for change The initiative, hosted......

Brics nations advance de-dollarization, reshaping global financial order

A growing movement among Brics nations to reduce reliance on the US dollar in global trade is challenging longstanding American financial dominance. By adopting local currencies for international transactions, the alliance of emerging economies is reshaping the global financial landscape and provoking......

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