Economy



HPS Accelerates Growth in the First Half of 2026, Driven by International Expansion and Innovation

The Moroccan payment solutions specialist HPS confirms the strength of its trajectory in 2026. The group reports double-digit revenue growth in the second quarter as well as for the entire first half, with an increasing contribution from Asia and the Americas and a heightened focus on research and development. HPS......

Tanger Med: Port Activity Grows by 6% in the First Half of 2026

Tanger Med Port Authority (TMPA) continues its growth momentum. In the first half of 2026, the operator reported a simultaneous increase in the volume of goods handled and its revenue, while reducing its debt levels. This trajectory also accompanies the expansion of the logistics ecosystem around the......

Med Paper Reports Decline in Revenue Amidst Decreasing Debt

The Moroccan paper specialist Med Paper has reported a decline in its activity as of the end of June 2026. While revenues have decreased year-on-year, the company has significantly reduced its debt while maintaining its focus on development strategies in the domestic market. Med Paper enters the second......

Salafin: Automotive Financing Supports Activity in the First Half of 2026

Salafin generally maintains its course in the first half of 2026, despite a slight decline in its net production. The subsidiary of Bank of Africa, specialized in consumer credit, has particularly benefited from the dynamism of automotive financing, which partially offsets the slowdown observed in personal......

App Store: Apple Now Applies 20% VAT in Morocco

The Moroccan digital market is entering a new fiscal phase. Apple has started integrating a 20% VAT into the revenue processing related to the App Store in Morocco, a change that could lead to adjustments in the prices of certain applications and in-app purchases starting mid-September. Apple is gradually......

Non-Performing Loans: A €60 Million Fund Could Speed Up the Cleaning of Bank Balance Sheets in Morocco

The Moroccan market for non-performing loans may soon welcome a new specialized player. The IFC and the German group EOS are considering mobilizing up to €60 million to acquire depreciated assets from Moroccan banks, as the outstanding amount of non-performing loans exceeds 102 billion dirhams. The......

FAO warns of growing soil pressure threatening Morocco’s agricultural sustainability

Morocco’s agricultural land is facing increasing pressure from drought, climate change, water scarcity and the degradation of natural resources, raising concerns about the long-term ability of soils to support food production. The Food and Agriculture Organization of the United Nations (FAO) has......

Nador West Med moves closer to operations with first regular container service

Morocco’s Nador West Med port is moving closer to its operational launch after Dutch shipping company WEC Lines announced plans to include the new facility in its regular container shipping network. The new service, known as ISS-PT, is scheduled to begin on September 10, 2026. It will connect......

Morocco faces more than $2 billion in additional energy costs amid Strait of Hormuz crisis

Morocco has faced a significant increase in the cost of its energy imports as disruptions linked to the crisis surrounding the Strait of Hormuz pushed fuel prices higher. According to energy-focused platform At-Taqa, the additional cost incurred by the Kingdom reached approximately $2.2 billion between......

Liquefied Natural Gas: Moscow Sees Moroccan Infrastructure as a Cooperation Opportunity

Russia is showing a growing interest in Morocco's energy ambitions. In Rabat, its ambassador Igor Beliaev discusses cooperation prospects around liquefied natural gas and green hydrogen. This development comes as the Kingdom seeks to diversify its energy suppliers and strengthen its role as a regional......

Solar Energy: Morocco Holds Over 20% of Installed Capacity in Africa

With nearly 2.5 GW of installed solar capacity by 2026, Morocco confirms its status as one of the main hubs for solar energy in Africa. According to the report The take-off in African solar that official statistics can’t yet see, conducted by Ember and African Tech Future Lab, the Kingdom alone represents......

Money Market: Stability Confirmed Despite Decline in Inflation

The Moroccan money market maintained a generally stable configuration during the week of August 17 to 19, 2026. This period, marked by two public holidays, occurred in a context of a significant slowdown in inflation, which fell to -0.6% year-on-year by the end of July, according to an analysis published......

Marrakech: Startups Supported by INDH Leverage Technology for Better Water Management

In response to the increasing pressure on water resources, young companies in Marrakech are developing solutions aimed at making infrastructure smarter and more efficient. Supported by the National Initiative for Human Development, Smarttanx is transforming data into management tools for hydraulic installations. When......

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