Economy



U.S. expresses interest in Morocco-Nigeria gas pipeline investment

The United States has signaled its interest in investing in the Nigeria-Morocco Gas Pipeline project, as reported by Voice of Naija. This announcement was made by Nigeria’s Minister of Finance, Wale Edun, during the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank. Edun......

Strengthening ties: Morocco and China at the forefront of industrial partnership

Morocco’s trade minister delivered a compelling address at the China-Arab States Cooperation Forum, which is hosting over 1,000 participants, including local economic operators and Moroccan entrepreneurs based in China. This year, Morocco is honored as the guest of honor at the forum, a distinction......

Morocco’s high-speed rail connecting Casablanca and Tangier

The Casablanca–Tangier High-Speed Line has become a powerful symbol of Morocco’s modernization and progress. Launched in 2018, this pioneering project the first high-speed train service in Africa has revolutionized travel between the country’s major cities and enhanced Morocco’s......

Record investments and job creation in the eastern region by 2024

The Regional Investment Center for the Oriental Region has announced an impressive forecast for 2024, with the Unified Regional Investment Committee approving 239 projects from a total of 506 proposals, amounting to 21.6 billion dirhams in investments. These initiatives are projected to generate over......

World Bank report highlights challenges for businesses in Morocco's informal sector

A new World Bank report has spotlighted a troubling trend within the Middle East and North Africa (MENA): since 2000, per capita GDP growth in the region has consistently lagged behind that of comparable economies. This stagnation is largely attributed to the underperformance of the private sector, which......

Morocco's high-speed rail project highlights national workforce expertise

Morocco’s National Railway Office (ONCF) has underscored the significance of the nation's skilled workforce engaged in the recently inaugurated Kenitra-Marrakech high-speed line project. Khalid Khairane, director of high-speed line projects at ONCF, announced on Thursday that the new line......

Embraer partners with Morocco to enhance aerospace supply chain

A high-level delegation from the Brazilian aerospace giant Embraer recently concluded a visit to Morocco, focusing on the nation’s potential to bolster its aerospace supply chain. The company announced the visit's outcomes in a press release on Thursday. During the trip, Embraer identified......

High-speed rail project from Kenitra to Marrakech boosts Morocco's connectivity

The launch of the Kenitra–Marrakech High-Speed Rail (HSR) line by His Majesty King Mohammed VI marks a transformative step for Morocco’s national transportation network. Designed with substantial socio-economic benefits in mind, this ambitious infrastructure project builds on the success......

IFC invests $135 million in Holmarcom Finance Company to boost growth

Holmarcom Group and the International Finance Corporation (IFC) have successfully established a strategic partnership, marking IFC's acquisition of an 18.62% minority stake in Holmarcom Finance Company (HFC) for MAD 1.35 billion ($135 million). This collaboration comes on the heels of Holmarcom’s......

Morocco’s strides in social protection showcased at World Bank, IMF meetings

Morocco's advancements in social protection took center stage on Wednesday during the "MENA Social Protection Roundtable," a pivotal event at the World Bank and International Monetary Fund (IMF) Spring Meetings. Wafaa Jamali, Director General of Morocco’s National Agency for Social......

Catalyst Mines unveils remarkable chromium findings at Amasine project in Morocco

Catalyst Mines Inc. has recently announced striking results from its Spring 2025 trench sampling campaign at the Amasine project, located in Morocco's Siroua region. The exploration has confirmed high-grade chromium mineralization, alongside significant cobalt and nickel anomalies. The findings......

OCP at SIAM 2025: Morocco’s catalyst for a resilient agricultural future

At the International Agricultural Show in Morocco (SIAM) 2025, the OCP Group emerges as a pivotal player, embodying the nation’s evolving role in the global agricultural dialogue. As a fertilizer powerhouse, OCP is not only redefining agricultural practices but also addressing urgent challenges......

Morocco launches tender for liquefied natural gas terminal to enhance energy security

Morocco has officially initiated a tender process, signaling its commitment to developing national gas infrastructure and establishing the country’s first liquefied natural gas (LNG) terminal at the Nador West Med Port. Energy Minister Leila Benali made the announcement during her participation......

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