Economy



Africa receives only a tenth of required climate finance

Africa faces a widening gap between climate commitments and available funding. A new policy analysis by Harrison Rehoboth Consulting, based on data from the Climate Policy Initiative, estimates that the continent needs about 2.8 trillion dollars between 2020 and 2030 to meet its Paris Agreement goals.......

Morocco tomato exports extend lead over Spain globally

Morocco has strengthened its position in the global fresh tomato trade, maintaining its lead over Spain for a fourth consecutive year in export volumes and widening its advantage in value for a second year. The shift reflects a broader realignment in agricultural competitiveness between the two countries,......

Cosumar among companies awarded Made in Morocco label

Morocco has awarded the Made in Morocco label to nearly 80 industrial companies in Casablanca, marking a new step in a national strategy to strengthen domestic production and enhance the global competitiveness of local industry. The certification ceremony was held under the supervision of the Minister......

France’s Eiffage to build Morocco Noor Atlas solar plants

Construction has begun on a major solar energy initiative in Morocco involving four photovoltaic power plants under the Noor Atlas program, marking a new phase in the country’s renewable energy expansion. Eiffage, through its energy systems subsidiary, is responsible for the design, supply, construction,......

Mohamed Ezzahaoui takes over Morocco customs, Abdellatif Amrani leads treasury

Mohamed Ezzahaoui has been appointed director general of Morocco’s Customs and Indirect Taxes Administration, while Abdellatif Amrani has been confirmed as Treasurer General of the Kingdom following a government council decision. The appointments were formalized under constitutional procedures......

AfDB and OCP sign €450 million green credit guarantee to support sustainable investment program

The African Development Bank (AfDB) and the OCP Group have signed a €450 million partial credit guarantee agreement aimed at supporting the company’s large-scale investment program in Morocco. The agreement, signed in Rabat, is designed to facilitate a €530 million green financing package......

Applications open for pan-african entrepreneur contest season two

A new call for applications has been launched for the second season of a pan-african television competition dedicated to entrepreneurship. The initiative builds on the success of its first edition, which reached audiences across multiple regions and positioned itself as a platform for emerging business......

Aziz Akhannouch opens national forum on investment and Moroccans abroad in Tangier

Head of Government Aziz Akhannouch opened the national forum on investment and Moroccans living abroad, held under the high patronage of His Majesty King Mohammed VI. The forum focused on a national strategy to transform diaspora remittances into productive investment that supports growth and job creation. The......

Morocco’s inflation rate rises to 1.7% in April

Inflation in Morocco increased to 1.7% in April, up from 0.9% in the previous month, according to data released by the national statistics authority. The rise in prices was mainly driven by higher food and transport costs, which continue to have a strong impact on household spending. Food prices, a......

Wafasalaf marks 40 years of service and unveils its strategic vision to 2030

Wafasalaf, one of Morocco's leading consumer finance companies, marked four decades of operations with a formal institutional evening that brought together shareholders, partners, institutional representatives, employees, and ecosystem stakeholders. The event, themed "40 years of history, between......

AJP expands Meknes factory and strengthens industrial strategy

AJP has inaugurated the expansion of its industrial facility in Meknes. The event brought together government officials, regional authorities, and private sector partners. The company positions this project within a broader investment plan aimed at scaling production capacity and strengthening its agro-industrial......

Tangier hosts first national maritime talks under Atlantic ambition

Tangier hosted the opening of the first national maritime conference on Thursday, bringing together senior officials, international representatives and sector stakeholders to define a new direction for Morocco’s maritime policy. The event took place under the supervision of the ministry of transport......

US Congress advances bill to cut fertilizer tariffs

The United States Congress has moved forward with a legislative proposal aimed at removing countervailing duties on imported phosphate fertilizers from Morocco. Identical versions of the bill were introduced in both the Senate and the House of Representatives, signaling coordinated political momentum......

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