Economy
Despite a sharp decline in regional startup funding, Morocco’s ecosystem has remained stable, securing its fourth-place position in the MENA region. The North African country raised $12.3 million across three deals in October, nearly matching its September performance of $13 million, even as overall......
Morocco’s 14 international ports handle the vast majority of the country’s foreign trade, accounting for 95% of overall exchanges, according to Minister of Equipment and Water Nizar Baraka. Speaking during a parliamentary session at the House of Councillors, Baraka highlighted the strong......
Morocco’s Agriculture Minister Ahmed Bouari has announced a groundbreaking achievement in agricultural subsidies, with the government transferring MAD 1.45 billion ($145 million) directly to over 352,000 livestock farmers in just five days. This initiative marks a significant shift towards efficiency......
The World Bank has raised concerns over the sharp decline in women’s participation in Morocco’s labor force, urging comprehensive reforms to address social, structural, and legal barriers limiting their economic contributions. Female labor force participation has dropped from 29% in 2000......
Morocco’s appetite for industrial equipment has surged over the past decade, reflecting the country’s growing transformation into a high-tech, industrialized economy. The value of imported industrial equipment climbed from MAD 77 billion in 2014 to nearly MAD 179 billion in 2024, marking......
Morocco’s 2026 draft budget reflects a commitment to fiscal discipline, despite the nationwide protests that took place in September, according to Fitch Ratings. The agency affirmed Morocco’s “BB+” credit rating with a Stable Outlook in September, highlighting that the government’s......
Morocco’s Ministry of Tourism has partnered with Saudi Arabia’s Naif Al Rajhi Investment Group to launch a major tourism project in Tangier, known as the "Mediterranean City." This initiative is part of Morocco's 2023-2026 tourism roadmap and aims to transform Tangier into a......
More than 170 Chinese companies from Hunan Province engaged with a Moroccan delegation during the Morocco-Hunan Economic and Trade Cooperation Forum held in Changsha. The two-day event, organized by the Embassy of Morocco in China and the Hunan Provincial Department of Commerce, aimed to bolster bilateral......
Plans for a massive undersea cable factory in Scotland have been thrown into uncertainty after the UK government rejected a proposed £25 billion energy link between Morocco and Britain. The decision has forced XLCC, the British company behind the project, to pause construction of its high-voltage......
The General Confederation of Moroccan Enterprises (CGEM) has officially accredited five firms to evaluate applicants for the "Label PME Responsable," an initiative aimed at advancing corporate social responsibility (CSR) among small and medium-sized enterprises (SMEs) in Morocco. Launched......
The Moroccan Chamber of Commerce in Italy (CCMI) is set to officially launch on November 19 with a ceremony at the Senate of the Republic in Rome, marking a key milestone in strengthening economic relations between Morocco and Italy. Launch event to foster bilateral cooperation The inauguration will......
The Moroccan Hass avocado season has begun under challenging conditions, with prices dropping by 20% compared to last year. The decline is attributed to oversupply from Latin American producers and declining demand in Europe, creating fierce competition for Moroccan exporters. Global oversupply pressures......
Nearly 800 global executives gathered last week at the Choiseul African Business Forum, held at the Rabat Marriott Conference Center in Morocco’s Agdal district. The event, which brought together decision-makers from more than 60 countries, emphasized Africa’s emergence as a key player in......
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