Economy



Glovo faces antitrust scrutiny in Morocco's food delivery market

The Competition Council of Morocco has officially notified GlovoApp Morocco of several grievances regarding alleged anticompetitive practices in the digital food ordering and delivery platform market. The notification follows an investigation initiated by the Council’s self-referral decision number......

Morocco's ambitious $1.2 billion bid to host Formula 1

Morocco is positioning itself to re-enter the arena of Formula 1 racing with an ambitious $1.2 billion project near Tangier. This initiative aims to end the continent's 32-year absence from the sport, as the last Formula 1 race on African soil took place in 1993. The proposed development is located......

Morocco and Côte d’Ivoire join forces to enhance agricultural education

The African Plant Nutrition Institute (APNI), a Moroccan non-profit research and development organization based in Benguerir, has forged a partnership with Côte d’Ivoire’s Ministry of Technical Education, Vocational Training, and Apprenticeship. This collaboration seeks to enhance agricultural......

Morocco enhances vehicle import rules for diaspora during Operation Marhaba 2025

Morocco’s Customs Administration has unveiled significant simplifications for vehicle imports as part of Operation Marhaba 2025, a program designed to facilitate the return of Moroccans living abroad during the summer months. 90% tax reduction for senior citizens Moroccans aged 60 and older,......

Catalonian delegation embarks on three-day economic mission to Morocco

A delegation of Catalonian business leaders and officials begins a three-day economic mission to Morocco today. The visit, running from May 27 to 29, aims to strengthen economic and commercial relations between the northeastern Spanish region and the North African country. The mission is organized by......

OCP and SACE forge €365 million green financing partnership

OCP Group has officially announced a groundbreaking €365 million financing agreement with Italy’s export credit agency, SACE. This notable arrangement marks the first of its kind under OCP’s Green Finance Framework and represents a pioneering collaboration guaranteed by SACE’s......

Samta Metals launches $70 million recycling and metal production facility in Kenitra Free Zone

Samta Metals & Alloys inaugurated a major industrial facility in the Atlantic Free Zone of Kenitra, investing around $70 million (approximately 700 million dirhams). The metal processing complex covers more than 36,000 square meters and will focus on recycling non-ferrous scrap metals to manufacture......

EIB invests €70 million to enhance Morocco’s drinking water infrastructure

The European Investment Bank (EIB) has signed a €70 million financing contract with Morocco’s National Office of Electricity and Drinking Water (ONEE). This significant investment aims to bolster drinking water infrastructure across the nation, particularly benefiting small and medium-sized......

Catalan delegation conducts economic mission in Morocco from May 27 to 29

A delegation of economic and institutional representatives from Catalonia, located in northeastern Spain, will undertake a mission to Morocco from May 27 to 29 to strengthen commercial and economic ties with the Kingdom. Organized by the Confederation of Employers of Catalonia (FDT) in collaboration......

French retail group Casino to expand with 210 stores in Morocco by 2035

The signing of the partnership French retail group Casino and Moroccan multi-sector company H&S Invest Holding announced on Monday a new partnership to bring Casino’s brands to Morocco. The first stores are expected to open in 2026. The two companies stated that the goal is to open more than......

Morocco advocates for strengthened global animal health action

Morocco has made a compelling case for enhanced collective action in support of global animal health during the 92nd General Assembly of the World Organisation for Animal Health (OIE), held from May 25 to 29 at the Maison de la Chimie in Paris. Speaking at this significant assembly, Ahmed El Bouari,......

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......

Critical mineral resources secures funding for copper project in Morocco

Critical Mineral Resources (CMR) has entered into a joint venture agreement to acquire a 60% interest in a promising copper-silver project located in central Morocco. This initiative is bolstered by a substantial investment of £1.33 million aimed at expediting the development of the site, which......

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